"Waltherson"

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. 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.

Law Offices of Adam J. Roa, P.C.
600 Washington Avenue, Suite 202
Towson, MD 21204

Estate Sale

$100,000 Suggested Opening Bid

WALTHERSON

SHINGLE BUNGALOW
3 Bedrooms ◆ 2 Baths
– Renovation Needed –

Sale On Premises
5101 ARDMORE WAY
Corner Chesmont Avenue
Baltimore City, MD 21206

THURSDAY, SEPTEMBER 28, 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:
5101 Ardmore Way is located two blocks west of the 5100 block of Harford Road, in the Waltherson neighborhood of Northeast Baltimore. Waltherson is a beautiful community of primarily single-family, detached homes and duplexes. Neighbors love that their homes have spacious yards for gardening and access to thriving, main-street businesses within easy walking distance. The property is within close proximity to the Hamilton-Lauraville area, placing it in a business booming network of neighborhoods. The residents have an abundance of shopping, dining, and entertainment options alongside Harford Road and Belair Road crafted by local entrepreneurs. Nearby Herring Run Park offers various recreational activities such as hiking paths, ball fields, and playgrounds. Major employers in the area include Johns Hopkins University, Morgan University, Loyola University Maryland, and MedStar Good Samaritan Hospital. Belair Road provides commuters with north/south travel and connects to major highways, I-95, I-895, I-695, and US 40.

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

SITE:
Corner lot fronts 45′ along Ardmore Way and 118′ along Chesmont Avenue, comprising 0.12 acre of land. Plat

All public utilities

Fenced rear yard

Zoning R-5, residential

IMPROVEMENTS:
One and One-Half Story Shingle Home, built in 1931, containing 1,499 square feet of living area and 610 square feet of basement space, according to public tax records.

Exterior – frame, covered front porch, wood double-hung windows, asphalt shingle roof, concrete block basement foundation

Interior – plaster walls and wood floors below current finishes

First Floor

• Living Room – vinyl plank flooring, fireplace
• Dining Room – vinyl plank flooring
• Eat-in Kitchen – vinyl plank flooring, wood cabinets, laminate counters, stainless steel sink, gas rangetop, double wall oven, refrigerator
• Bedroom #2 – carpeting
• Bedroom #3 – carpeting, ceiling fan
• Full Bathroom – vinyl floor, tile wainscot

Second Floor

• Primary Bedroom – wood floor, walk-in closet, en-suite full bath

Basement

• Knotty Pine Club Room – vinyl floor, woodstove, bar
• Laundry Room – concrete floor, washer, dryer, utility sink
• Utility Room – concrete floor, outside exit

Mechanical – gas forced air heat, window air conditioner, 100-amp. electrical service, 30-gallon gas water heater

The home needs updating and cosmetic repairs.

TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore City Deed Book FMC 1572, Page 222.

TAXES:
Published annual real estate taxes are $3,480, based on a full value assessment of $150,533.

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 $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. 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 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.