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A $10,000 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. 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.
– $65,000 Opening Bid –
– On 0.158± Acre Lot –
5318 THE ALAMEDA
Off Woodbourne Avenue
Baltimore City, MD 21239
TUESDAY, MAY 30, 2023
THURSDAY, JUNE 1, 2023 AT 1:30 P.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.
5318 The Alameda is located in the Kenilworth Park neighborhood in North Baltimore City. Surrounding neighborhoods include New Northwood, Winston-Govans, Wilson Park and Cameron Village. York Road is less than one-half mile west, and provides an array of shopping and dining options, as well as neighborhood services and other area conveniences. Well known attractions in the area include Belvedere Square Market, the Senator Theater, the Baltimore Museum of Art, Mount Pleasant Park and Lake Montebello. The location affords a suburban feel with urban proximity and convenience. The home is conveniently situated close to several of Baltimore’s major institutions, including Morgan State University (1 mi.), Loyola University Maryland (1 mi.), Notre Dame of Maryland University (1.3 mi.), Johns Hopkins University (2 mi.) and Towson University (3.5 mi.). In addition to the universities, other major employers in the area include a number of hospitals and major corporations.
For more information about the area, please visit:
Neighborhoods – livebaltimore.com
Lot size – 0.158 acre, more or less. Plat
All public utilities
Zoned R-6, Residential
Bungalow – constructed in 1940. The home contains 1,260 square feet of living area above grade and 500 square feet of basement space.
Further details as follows:
First Floor –
Second Floor –
NOTE: The property has a broken sewer line. The seller is currently engaged with her home warranty company and a licensed plumber to repair or replace the sewer line, as needed, with the installation of a new clean out. This repair is expected to happen prior to closing. If the purchaser does not want this repair to occur, then seller will cancel the repair work.
In fee simple; sold free and clear of liens.
Published annual real estate taxes are $2,854.82, based on a full value assessment of $120,967.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $10,000 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 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. A 5% buyer’s premium will be added to the final bid price.