"Harwood"

A $5,000 or 10% deposit, whichever is greater, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:00 P.M. on the day of auction, at the Auctioneer’s office. 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. No buyer’s premium. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page and see the Sample Contract.

$30,000 Opening Bid

HARWOOD

END-OF-GROUP
TOWNHOME
– Renovation Required –

Known As:
427 E. 27th STREET
Off Greenmount Avenue
Baltimore City, Maryland 21218

BIDDING OPENS:
MONDAY, MARCH 3, 2025

BIDDING CLOSES:
WEDNESDAY, MARCH 5, 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.

LOCATION:
427 E. 27th Street is located in the Harwood neighborhood of Baltimore City. Surrounding neighborhoods include Charles Village, Abell and Better Waverly. Johns Hopkins University is approximately one-half mile west. Penn Station is a little over one mile south. Surrounding properties are comprised predominantly of rowhomes and attached commercial and mixed-use buildings.

The area has seen significant development over the past couple of decades. New buildings throughout the Johns Hopkins campus have and continue to be built, with Station North and nearby Remington also receiving a lot of attention for major projects. Old Goucher, Barclay, Harwood and Better Waverly have also seen new buildings and robust revitalization, but going about it more quietly. Major projects along Greenmount Avenue, North Avenue and 25th Street highlight much of the activity, with new and fully renovated townhomes through the neighborhood.

For more information about the area, please visit:
Neighborhoods – livebaltimore.com

SITE:
End-of-Group Lot – 13’6″ x 90′ , more or less. Plat

Alley access through side

Zoned R-8, Residential

All public utilities

IMPROVEMENTS:
Two story end of group townhome, constructed in 1900, containing 1,300 square feet of living area and 650 square feet of basement space, according to public tax records. The house features living room, dining room, half bathroom and kitchen, on the first floor; three bedrooms and one bathroom, on the second floor; unfinished basement. Full renovation is required.

TITLE:
Subject to an $84 ground rent payable in semi-annual installments on 4/28 & 10/28; sold free and clear of all liens. Baltimore City Deed Book Liber XAC 27585, folio 129.

TAXES:
Published annual real estate taxes are $2,533.86 based on a full value assessment of $107,367

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 $5,000 or 10% deposit, whichever is greater, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:00 P.M. on the day of auction, at the Auctioneer’s office. 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 Seller makes no representations or warranties as to the condition of the Property or any improvements thereon and Purchaser acknowledges and agrees to purchase the Property in its “AS IS/WHERE IS” “WITH ALL FAULTS” condition and basis, subject to all easements, agreements, restrictions or covenants of record, zoning, and all laws, regulations, and governmental rules affecting same, if any. The Property will be sold subject to Baltimore City violation notices, if any. Purchaser assumes the risk of loss from the date of contract forward. 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.

No buyer’s premium.