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 is also available to view per the following instructions:
For Agents: please schedule online via ShowingTime.
For Individuals: Request Access to Property. Once the completed form has been received, you will receive inspection instructions via email. Inspection requests are normally answered Mon.-Fri. 9 am – 4 pm.
Live Auction Bidders – a $15,000 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 by 11:00 AM on Friday, December 9 2022.
Online Auction Bidders – a 10% deposit, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:30 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.
Featuring Live & Online Simulcast Bidding
$125,000 Opening Bid
HOMELAND
VICTORIAN COTTAGE
~Needs Renovation~
Known As:
5902 BRACKENRIDGE AVENUE
Off Bellona Avenue
Baltimore City, MD 21212
Online Bidding Opens
TUESDAY, DECEMBER 6, 2022
Live Onsite Auction
THURSDAY, DECEMBER 8, 2022
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:
5902 Brackenridge Avenue is located in the Homeland neighborhood of North Baltimore City. Originally developed by the Roland Park Homeland Company, the quiet neighborhood is comprised of primarily detached single family homes with winding streets and ponds. Parts of the neighborhood were designed by the famed Olmsted brothers, descendants of the designer behind New York City’s Central Park. Convenient to Baltimore City and within minutes of Baltimore County, the property’s location can not be beat. Northern Parkway immediately to the north can be used for east/west travel and Charles Street to the west for north/south travel. Boutique grocery stores, blue ribbon public schools, prestigious private schools and fine dining are within minutes. Nature lovers can take advantage of Lake Roland, Cylburn Arboretum and the Stony Run Trail for miles of hiking trails, playgrounds and picturesque views. The comforts of a suburban lifestyle coupled with the convenience of a city location create a draw to Homeland. Major employers in the area include Loyola University, Maryland, Johns Hopkins University and Sinai Hospital.
For more information, please see:
Homeland – livebaltimore.com
Homeland Association – homelandassociation.org
SITE:
Lot: 50′ x 120′ or 0.138 acre, more or less. Plat
Zoned R-1, Residential
All public utilities
IMPROVEMENTS:
Two story Victorian cottage – according to public tax records, the house was constructed in 1906, and contains 1,680 square feet of living area and 756 square feet of basement space. The home requires full renovation.
EXTERIOR:
INTERIOR:
First floor:
Second floor:
Basement/utilities:
NOTE: According to the Homeland Association, the home is not within the boundaries of the Homeland Home Owner’s Association, and is not subject to the HOA’s dues or architectural standards.
TITLE:
Subject to a $90 ground rent payable in semi-annual installments on 5/25 and 11/25; sold free and clear of liens. Baltimore City Deed Book MB 24733, folio 51.
TAXES:
Published annual real estate taxes are $4,985.90 based on a full value assessment of $211,267
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – a $15,000 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 by 11:00 AM on Friday, December 9 2022.
Online Auction Bidders – a 10% deposit, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:30 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, 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, 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 waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the Purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. The Property will be sold subject to Baltimore City violation notices, if any. 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.
