"Remington"

Live Auction Bidders – A $10,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. If necessitated by price, the deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office (company or personal checks for the increased deposit will be accepted at the sale site or wiring instructions will be provided).

Online Auction Bidders – A 10% deposit, payable by wire transfer or cashier’s check, is required by 4:00 p.m. on the day of auction. No exceptions. 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.

Martin F. Cadogan, Attorney
The Cadogan Firm
100 West Road, Suite 300
Towson, MD 21204

Estate Sale

Live Onsite & Simulcast Online Bidding
$75,000 Opening Bid

REMINGTON

TWO STORY
TOWNHOUSE SHELL
3 Bedrooms & Bath

Known As
402 W. 28TH STREET
At Miles Avenue, Baltimore, MD 21211

Online Bidding Opens
MONDAY, AUGUST 5, 2024

Live Onsite Auction
TUESDAY, AUGUST 6, 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:
402 W. 28th Street is located in the Remington neighborhood of northern Baltimore City, south of Hampden and Charles Village and north of Old Goucher and Station North. Remington has undergone significant change in recent years, with projects including the recently completed Remington Row mixed-use development and R. House and Miller’s Court mixed use venues. Commuters take advantage of 28th and 29th Streets for east/west travel and I-83 (0.7 mile) for north/south travel. Major employers in the area include Maryland Institute College of Art (MICA), Johns Hopkins University and MTA Maryland Central Light Rail Operations.

According to LiveBaltimore.com, “Remington in North Baltimore is an original Baltimore streetcar suburb best known as a quirky, relaxed community of old timers, artists, musicians, professionals and students. The neighborhood is in a midst of a major resurgence and offers residents newly renovated rowhomes and many new businesses.”

For additional details:
Remington – livebaltimore.com

SITE:
Level, rectangular lot 14′ x 75′. Plat
Zoning R-8, residential
Public utilities
Fenced rear concrete courtyard

IMPROVEMENTS:
Two Story, Inside-Group, Bow-Front, Brick Townhome, circa 1920, contains 1,296 square feet of living area and 648 square feet of basement space, according to public tax records. The home has vinyl-clad double-hung windows, a built-up roof with skylight, and brick basement foundation.

First Floor

• Vestibule
• Living Room – carpeting over wood floor
• Dining Room – wood floor
• Kitchen – plywood sub-floor, gas range/oven, refrigerator

Second Floor

• 3 Bedrooms – carpeting and vinyl floors
• Full Bathroom – footed tub, vinyl floor

Basement

• Unfinished

The house needs renovation.

TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore City Deed Book SEB 167, Page 292.

TAXES:
Published annual real estate taxes are $3,990, based on a full value assessment of $177,833.

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.

Live Auction Bidders – A $10,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. If necessitated by price, the deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office (company or personal checks for the increased deposit will be accepted at the sale site or wiring instructions will be provided).

Online Auction Bidders – A 10% deposit, payable by wire transfer or cashier’s check, is required by 4:00 p.m. on the day of auction. No exceptions.

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, WHERE IS” condition, subject to easements, agreements, restrictions or covenants of record affecting same, if any, as well as housing violation notices, if any. 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 5% buyer’s premium will be added to the final bid price.

Estate of Kevin Joseph Bigham