"Mount Washington"

Live Auction Bidders – A $20,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale.

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.

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.

Live Onsite & Simulcast Online Bidding
$150,000 Opening Bid

MOUNT WASHINGTON

BRICK RANCHER
3 Bedrooms ◆ 1.5 Baths

Known As
5703 MERVILLE AVENUE
Off Glen Avenue
Baltimore, MD 21215

Online Bidding Opens
TUESDAY, FEBRUARY 20, 2024

Live Onsite Auction
WEDNESDAY, FEBRUARY 21, 2024
AT 2:00 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.

LOCATION:
5703 Merville Avenue is located in the Mount Washington neighborhood of northwest Baltimore, south of Glen Avenue, north of Northern Parkway, west of Pimlico Road and east of Key Avenue. Irvin Luckman Memorial Park and playground are one block north of the site. The surrounding neighborhood is a mixture of single family homes, of varying age and style, and garden apartments. Mount Washington Village is about one mile east. Schools and places of worship are within walking distance. The neighborhood is convenient to the Jones Falls Expressway (I-83) and MTA Light Rail Service.

SITE:
Rectangular lot – approximately 46′ x 140′. Plat
Zoning R-1-E, residential
Public utilities
Ample on-street parking

IMPROVEMENTS:
One Story Brick Ranch-style Home, built in 1956, containing 1,125 square feet of living area and 1,125 square feet of basement space, according to public tax records.

Exterior – brick facade, covered entry porch, concrete block basement foundation, wood double-hung windows, composition shingle roof

Main Level

• L-shaped Living/Dining Room – wood floor
• Eat-in Kitchen – vinyl floor, wooden cabinets, laminate counters, electric range/oven, wall oven, refrigerator
• Primary Bedroom – wood floor, en-suite ceramic tile Half-Bath
• Bedroom #2 – wood floor
• Bedroom #3 – wood floor
• Full Ceramic Tile Bath
• Linen Closet
• Coat Closet
• Storage Closet

Lower Level

• Knotty Pine Club Room – vinyl tile floor
• Unfinished area with vinyl floor, laundry area with washer, utility sink, storage space and utilities
• Toilet

Mechanical – gas forced air heat, window air conditioners, sump pump, 50-gallon gas water heater, older electrical, attic exhaust fan

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 SEB 5714, Page 2. A new deed has been prepared and will be recorded prior to settlement. Clear Title Group has already done the title work and a buyer can save a significant amount if they choose to use Clear Title Group for settlement. If they prefer, buyers may select their own title company.

TAXES:
Published annual real estate taxes are $4,748, based on a full value assessment of $202,633.

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 $20,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale.

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.

If necessitated by price, 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, 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. A 5% buyer’s premium will be added to the final bid price.