"Cedonia - Northeast Baltimore"

This Auction has been CANCELED.

TO THE HIGHEST BIDDER OVER $100,000

CEDONIA
“Northeast Baltimore”

BUNGALOW
– Currently Rented for $1,200/ Month –

Known As:
4420 FOREST VIEW AVENUE
Near Belair Rd.
Baltimore City, Maryland 21206

CANCELED

ONLINE BIDDING OPENS:
MONDAY, OCTOBER 9, 2023

ONLINE BIDDING CLOSES:
WEDNESDAY, OCTOBER 11, 2023
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:
4420 Forest View Avenue is located in the Cedonia neighborhood in Northeast Baltimore City. Surrounding neighborhoods include Frankford, Cedmont and Armistead Gardens. The property is conveniently located one block away from the Baltimore City/County line offering residents the comforts of suburban living without compromising the urban amenities. Major commuter routes such as I-95, I-895, I-695, and Belair Road are within close proximity to the property. The Hamilton-Lauraville Main Street corridor along Harford Road is also within 2 miles and features over 250 local businesses and services. Residents can also enjoy all the recreational activities offered at Double Rock Park, Moore’s Run Park, and Herring Run Park. Public transportation options are available on both Belair Road and Moravia Road. Major employers in the area include Morgan State University and Johns Hopkins Bayview Medical Center.

For more information about the area, please visit:
Neighborhoods – livebaltimore.com
Hamilton-Lauraville Main Street – www.bmoremainstreet.com

SITE:
Lot size – 0.161 acre, more or less. Plat

All public utilities

Zoned R-3 Residential

IMPROVEMENTS:
One and one-half story bungalow – constructed in 1950, containing 1,242 square feet of living area and 800 square feet of basement space , according to public tax records. The home is believed to be arranged as living room, dining room, and kitchen on the first floor, two bedrooms and one bath on the second floor, and basement. The property is rented for $1,200 per month on a month-to-month basis.

MDE Lead Inspection Certificate

Please complete the Waiver and Confidentiality agreement view the lease.

TITLE:
In fee simple; sold free and clear of liens. Baltimore City Deed Book MB 22998, Page 321.

TAXES:
Published annual real estate taxes are $3,347.26, based on a full value assessment of $141,833.00.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $10,000 deposit, or 10% of the purchase price (whichever is greater), payable by cashier’s check or wire transfer, will be required of the Purchaser by 4:30 P.M. on the day of the auction at the Auctioneer’s office, 6500 Falls Road, Baltimore, MD 21209. 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. All adjustments, including taxes, rents, ground rent, 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 settlement and assumed thereafter by the purchaser. Security deposits, if any, shall be adjusted at the time of settlement. The property will be sold in “AS IS” condition, and subject to the existing leases of the tenants in place, easements, agreements, restrictions or covenants of record 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. 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 5% buyer’s premium will be added to the final bid price.