"Woodmere"

A $5,000 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.

Steven Reckard, Attorney
Ria P. Rochvarg, P.A.
P.O. Box 1907
Ellicott City, MD 21041

$50,000 Opening Bid

WOODMERE

TWO STORY TOWNHOME
2 Bedrooms ◆ 1.5 Baths

Known As
5336 GIST AVENUE
Baltimore, MD 21215

Sale On Premises
TUESDAY, APRIL 2, 2024
AT 11:00 A.M.

      Pursuant to an Order of the Circuit Court for Baltimore City, passed in the Matter of Arlene Mason, Case No. 24-T-23-000182, the undersigned Guardian will sell at public auction, the above-captioned property.

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:
5336 Gist Avenue is located in the Woodmere neighborhood of northwest Baltimore City, off the 4000 block of Woodmere Avenue and two blocks north of Reisterstown Road (MD-140). The surrounding neighborhood is comprised of well-kept two story townhouses and garden apartments. Shopping and public transportation are within walking distance. According to Bright MLS, homes in the immediate neighborhood have sold for $66,000 to $263,000 during the past 12 months.

SITE:
Rectangular lot – 14′ x 85’6″. Plat
Zoning R-6, residential
Public utilities
Fenced front and rear yards. Rear yard has room for parking.

IMPROVEMENTS:
Two story inside-group brick townhome, built in 1949, containing 840 square feet of living area and 420 square feet of basement space. The home has a covered front porch and covered rear deck, vinyl-clad sliding windows, built-up roof and full concrete block basement foundation.

First Floor

• Foyer – vinyl floor
• Living Room – carpeting over wood floor
• Eat-in Kitchen – ceramic tile floor, laminate cabinets and counters, stainless steel gas range/oven and refrigerator

Second Floor

• Bedroom #1 – wood floor
• Bedroom #2 – carpeting over wood floor
• Full Bathroom – vinyl floor, ceramic wainscot, skylight

Basement

• Full, Unfinished – vinyl floor
• Half-Bath – vinyl floor
• Laundry Area – utility sink

Mechanical– gas forced air heat, central air conditioning, gas water heater, 100-amp. electric

The property needs updating and cosmetic repairs. Some personal property may not be removed.

TITLE:
The property is sold free and clear of liens, subject to an annual $90 ground rent, payable half-yearly on the 20th days of May and November in each and every year. Baltimore City Deed Book MB 24233, Page 1.

TAXES:
Published annual real estate taxes are $1,655, based on a full value assessment of $70,133.

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 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, 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 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.

Steven Reckard, Guardian of the Property of Arlene Mason