Email: info@ajbillig.com
6500 Falls Road, Baltimore, MD 21209
Click 'AJ' icon to access map directions.
The property will be open 1 hour prior to the live onsite auction and will be available to view prior to the day of the auction. Please check back for more info.
Live Auction Bidders – A $10,000 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 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.
No buyer’s premium. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page and please see the Sample Contract.
Rob Goldman Legal Solutions
6800-B Holabird Avenue, Dundalk, MD 21222
Estate Sale
To the Highest Bidder Above $100,000
Live & Onsite Simulcast Bidding
GREEKTOWN
Two Story, Porchfront
BRICK TOWNHOME
3 Bedrooms ◆ 1.5 Baths
Known As
4901 FAIT AVENUE
Baltimore, MD 21224
Online Bidding Opens
WEDNESDAY, MARCH 5, 2025
Live Onsite Auction
THURSDAY, MARCH 6, 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:
4901 Fait Avenue is located in the Greektown neighborhood of southeastern Baltimore, three blocks south of the 4900 block of Eastern Avenue and Johns Hopkins Bayview Medical Center. The surrounding neighborhood is comprised of tidy, two story townhomes, many of which have been renovated. Restaurants and community shopping are within walking distance. I-95 and I-895 are nearby, providing easy access to employment centers throughout the metropolitan area. MTA bus service is on Eastern Avenue. Downtown Baltimore is approximately 3 miles to the west.
For additional neighborhood details see Live Baltimore’s web site:
Greektown – livebaltimore.com
SITE:
Rectangular lot – 17’8″ x 87’6″, corner of an alley. Plat
Fenced front and rear yards
Public utilities
Potential for parking pad in rear
IMPROVEMENTS:
Two Story End-of-Group Brick Townhome, built in 1925, containing 1,116 square feet of living area and 558 square feet of basement space, according to public tax records. The home has a built-up roof, vinyl-clad double-hung windows, concrete block foundation, plaster walls and wood floors. Renovation is needed.
First Floor
Second Floor
Basement
Mechanical – oil hot water heat with radiators, 30-gallon gas water heater, 100-amp. electrical service
TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore City Deed Book MLP 9183, Page 366.
TAXES:
Published annual real estate taxes are $3,276, based on a full value assessment of $138,800.
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. 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. Purchaser assumes the risk of loss from the date of contract forward. 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.
No buyer’s premium.
Rob Goldman, Personal Representative of the Estate of Edward J. Weidel
