"Hampden"

Live Auction Bidders – a $15,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. The deposit shall be increased to 10% of the purchase price by 11:00 A.M., Monday, March 11, 2024, at the Auctioneer’s office (wire or cashier’s check).

Online Auction Bidders – a $15,000 or 10% deposit, whichever is greater, payable by cashier’s check or wire, will be required of the purchaser by 4:30 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 5% buyer’s premium 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 see the Sample Contract.

Featuring Live & Simulcast Online Bidding
$100,000 Opening Bid

HAMPDEN

SEMI-DETACHED HOME
– Needs Full Renovation –

Sale On Premises:
3731 FALLS ROAD
Near W. 38th Street
Baltimore City, MD 21211

Online Bidding Opens
WEDNESDAY, MARCH 6, 2024

Live Onsite Auction Begins
FRIDAY, MARCH 8, 2024
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.

LOCATION:
3731 Falls Road is located in the Hampden neighborhood in North Baltimore. Neighborhoods in the near vicinity include Medfield, Woodberry and the “Jones Falls Area.” The area has seen ample development in recent years, including large mixed-use developments, residential new construction and the attraction of a large number of businesses. Nearby projects include an extensive renovation of the Robert Poole Building (home to the Academy for College and Career Exploration and the Independence School), Whitehall Mill, The Rotunda and new homes along Ash Street. Notable retail businesses in close proximity include Union Brewing, Artifact Coffee, Blue Pit BBQ, Papi’s Tacos and Good Neighbor. “The Avenue,” the W. 36th Street home to many of Baltimore’s most vibrant businesses, is approximately 2 blocks south. I-83 (JFX) is easily accessible to the north and south via Falls Road.

For more information about the area, please visit:
Hampden – livebaltimore.com
City of Baltimore – www.baltimorecity.gov
CityView Map – cityview.baltimorecity.gov
Community Development Map – cels.baltimorehousing.org

SITE:
Lot size – 22′ x 137’7″, according to public tax records. Plat

Detached rear garage (1 car)

All public utilities

Zoned R-4 Residential

IMPROVEMENTS:
Two and one-half story semi-detached home with at grade basement level – constructed in 1880 and containing a total of 1,606 square feet of living area. Features include front at-grade entrance to partially self-contained lower level, two meters, side porch, asphalt shingle roof and detached garage.

The home is arranged for an office space on the lower level, with one open room, kitchenette and flush. The main portion of the house is arranged for 7 rooms (3-4 bedrooms) and 1.5 baths. Needs full renovation.

More information and photos coming soon!

TITLE:
$48 annual ground rent (unregistered); sold free and clear of all liens.

TAXES:
Current annual real estate taxes are $3,995.48, based on a full value tax assessment of $169,300.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.

Live Auction Bidders – a $15,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. The deposit shall be increased to 10% of the purchase price by 11:00 A.M., Monday, March 11, 2024, at the Auctioneer’s office (wire or cashier’s check).

Online Auction Bidders – a $15,000 or 10% deposit, whichever is greater, payable by cashier’s check or wire, will be required of the purchaser by 4:30 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, 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. 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. Time is of the essence. A 5% buyer’s premium will be added to the final bid price.