Email: info@ajbillig.com
6500 Falls Road, Baltimore, MD 21209
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A $10,000 deposit, or ten percent (10%) of the Purchase Price (whichever is greater), in a cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer, by 4 P.M. on the day of auction. When you register for an online auction, a “ping” will be placed on your credit card and immediately voided, you will not be charged the deposit amount. A 6% or $2,500 buyer’s premium, whichever is greater, will be added to the final bid price. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page and please see the Sample Contract.
To the Highest Bidder Over $50,000
OAKENSHAWE – GUILFORD
– The Carrollton Condominium –
TWO COMMERCIAL
CONDOMINIUM UNITS
– Sold as an Entirety Only –
Known As:
3601 GREENWAY
UNITS 109 & 110
Corner of Greenway, E. University Parkway
& N. Calvert Street
Baltimore City, Maryland 21218
BIDDING OPENS:
FRIDAY, MARCH 7, 2025
BIDDING CLOSES:
TUESDAY, MARCH 11, 2025
AT 11:00 A.M.
NOTE: The information contained herein has been obtained from sources deemed reliable and is believed to be accurate. However, no express or implied warranty is made or may be inferred from any such representation. Dimensions, square footage and acreage contained herein are more or less. Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.
GENERAL INFORMATION:
The auction comprises two units in the Carrollton Condominium. The units are designated as commercial units pursuant to the plat and declaration of the condominium regime, but there is some potential for residential use. The adjoining first floor units contain a total of 2,650 square feet of area. The building sits prominently a short distance from Johns Hopkins University Homewood Campus at the corners of Greenway, E. University Parkway and N. Calvert Street, and is opposite the intersection of St. Paul Street. The auction provides an opportunity to purchase two condominium units in a very well demanded and architecturally impressive portion of Baltimore.
LOCATION:
The Carrollton Condominium is located in the Oakenshawe neighborhood in North Baltimore. Surrounding neighborhoods include Guilford, Charles Village, Abell, Waverly, Tuscany-Canturbury, and Johns Hopkins Homewood Campus. The Guilford Gateway Park, among a number of Frederick Law Olmstead’s architectural contributions to the immediate area, sits opposite the building. Other points of interest in the near vicinity include Loyola University of Maryland, Union Memorial Hospital, Baltimore Museum of Art, Sherwood Gardens and Wyman Park. The area is home to an array of impressive architecture, monuments and historic districts, including the Oakenshawe Historic District, Guilford Historic District, Charles Village – Abell Historic District, Highfield House, Homewood House and many others. Downtown Baltimore is about 2 miles south, and Towson is about 5 miles north. The Jones Falls Expressway, I-83, is approximately 2 miles southwest.
For more information about the area, please visit:
Neighborhoods – livebaltimore.com
CityView Map – cityview.baltimorecity.gov
Community Development Map – cels.baltimorehousing.org
THE CARROLLTON CONDOMINIUM:
The Carrollton comprises an 8 story (9 at the rear of the building), brick art deco style building constructed in 1955 as an apartment building and was converted to condominiums in 1979. There are a total of approximately 200 mostly residential units and designated in-building parking (3 spaces total for the subject units). Additional features include elevator, doorman, common meeting room, well manicured grounds, BBQ area and more.
Current condo fees are believed to be $763.81/month for unit 109, and $1,364.69 for unit 110.
Condominium Documents:
IMPROVEMENTS:
Lower level interconnecting units comprising a total of 2,650 square feet as detailed below. The units have central air conditioning, radiant heat, carpet and drywall, and were formerly used as a medical office.
Unit 109 – 936 square feet. Arranged for an entry foyer/reception area, exam rooms, office, powder room and storage area.
Unit 110 – 1,714 square feet. Arranged for entry foyer/reception area, exam rooms, offices, two powder rooms and kitchenette. Layout Plan
The units require updating and cosmetic repair.
TITLE:
In fee simple; and sold free and clear of liens.
TAXES:
Published annual real estate taxes are:
109 – $2,650 based on a full value tax assessment of $112,300
110 – $1,180 based on a full value tax assessment of $50,000
Purchasers may petition for a reduction in the assessment of their property in conjunction with a purchase price substantially less than the currently assessed value of the property. Purchasers are encouraged to contact the Maryland State Department of Assessments & Taxation concerning the appeals process, and may see the following link for helpful information: Assessment Appeal Process – dat.maryland.gov
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $10,000 deposit, or ten percent (10%) of the Purchase Price (whichever is greater), in a cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer, by 4 P.M. on the day of auction. Deposit funds shall be held by A. J. Billig & Co., LLC. Balance to be paid in cash at settlement, which shall take place within 45 days. If payment of the deposit or balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the Purchaser. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of contract to date of settlement. All adjustments, including taxes, condominium fees, ground rent and all other public charges and assessments payable on a monthly or annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of contract and assumed thereafter by the Purchaser. The property will be sold in “AS IS” condition, and subject to easements, agreements, restrictions or covenants of record affecting same, if any, and subject to the Declaration and By-Laws of The Carrollton Condominium. The Property will be sold subject to Baltimore City violation notices. Purchaser assumes the risk of loss from the date of contract forward. The Purchaser waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the Purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. The Purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law. If the Seller is unable to convey good and marketable title, the Purchaser’s sole remedy in law or equity shall be limited to the refund of the deposit. Upon refund of the deposit this sale shall be null and void and of no effect, and the Purchaser shall have no further claim against the Seller or Auctioneers. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the Purchaser except where otherwise mandated by local, State or Federal law. Time is of the essence. A 6% or $2,500 buyer’s premium, whichever is greater, will be added to the final bid price.
