"Brewers Hill"

Live Auction Bidders – A $15,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. If necessitated by price, the deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office. Personal checks for the difference in the deposit will be accepted at the sale site or wiring instructions will be provided.

Online Auction Bidders – A 10% deposit, payable by wire transfer or cashier’s check is due by 4:00 p.m. on the day of auction at the auctioneers 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.

No buyer’s premium. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page or see the Sample Contract.

Rob Goldman Legal Solutions
6800-B Holabird Avenue
Dundalk, MD 21222

Estate Sale

Live Onsite & Online Simulcast Bidding
$100,000 Opening Bid

BREWERS HILL

TWO STORY TOWNHOME
– Renovation Needed –

Known As
905 S. FAGLEY STREET
Off 3900 Hudson Street
Baltimore, MD 21224

Online Bidding Opens
TUESDAY, JANUARY 2, 2024

Live Onsite Auction
THURSDAY, JANUARY 4, 2024
AT 11:30 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:
905 S. Fagley Street is located in the Brewers Hill neighborhood of southeast Baltimore, just east of Canton and Patterson Park.

According to LiveBaltimore.com, “Brewers Hill in Southeast Baltimore gets its name for the two landmark breweries that previously operated in the neighborhood: National Brewery and the Gunther Brewery. The neighborhood is made up entirely of rowhouses, new-construction townhomes and luxury apartment buildings. Residents enjoy easy access to commuter routes, shopping and retail at Canton Crossing and a number of neighborhood restaurants and bars.”
For additional details see Brewers Hill – livebaltimore.com

The auction presents an outstanding opportunity to purchase and renovate a wide townhome in an upscale, redeveloped area. Most of the properties on the block have been renovated.

SITE:
Rectangular lot 13.5′ x 70′. Plat
Zoning R-8, residential
Public utilities

IMPROVEMENTS:
Two Story Inside-Group Brick Townhome, built in 1905, containing 1,088 square feet of living area and 544 square feet of basement space, according to public tax records.

Exterior – brick construction with brick foundation, vinyl-clad double-hung windows, built-up roof, wood sun deck in rear

Interior – paneling, acoustical tile ceilings, carpeting or vinyl over wood floors

First Floor

• Living/Dining Combination – carpeting over wood floor
• Eat-in Kitchen – vinyl floor, wood cabinets, gas range/oven, refrigerator

Second Floor

• Primary Bedroom – carpeting over wood floor
• Pass-Through Bedroom #2 – carpeting over wood floor
• Bedroom #3 – carpeting over wood floor
• Full Bathroom – vinyl floor

Basement

• Unfinished, outside exit, utility sink, vinyl floor and carpeting
• Toilet

Mechanical – oil forced air heat, gas water heater, circuit breakers

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 4784, Page 348.

TAXES:
Published annual real estate taxes are $4,637, based on a full value assessment of $200,033.

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 $15,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. If necessitated by price, the deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office. Personal checks for the difference in the deposit will be accepted at the sale site or wiring instructions will be provided.

Online Auction Bidders – A 10% deposit, payable by wire transfer or cashier’s check is due by 4:00 p.m. on the day of auction at the auctioneers 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 shall be responsible for obtaining physical possession of the property and assumes the risk of loss or damage to the property 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.

NOTE: The property is occupied by squatters. The home will be open for viewing one hour before the auction only. Purchaser shall be responsible for obtaining physical possession of the property and assumes the risk of loss or damage to the property from the date of contract forward. Latest information received was that the house will be vacant at the time of auction. A key will be provided to the buyer, in said case.

Rob Goldman, Personal Representative of the Estate of Ronald J. Shears, Sr.