"Chinquapin Park"

This auction has been CANCELED – Sold Prior To The Auction

Chase & Chase
1190 W. Northern Parkway – Suite 124,
Baltimore, MD 21210

$35,000 Opening Bid

CHINQUAPIN PARK

TWO STORY TOWNHOME
– Renovation Needed –

Known As
908 LENTON AVENUE
Off 1000 E. Northern Parkway
Baltimore, MD 21212

CANCELED

Online Bidding Opens
MONDAY, JUNE 19, 2023

Online Bidding Closes
TUESDAY, JUNE 20, 2023
AT 10:00 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:
As described by LiveBaltimore.com, “Chinquapin Park is a green community in North Baltimore. Chinquapin Run, a 76-acre stream corridor, goes through the park that bounds the neighborhood on the east, from which it derives its name. This quiet community offers single-family, detached and townhomes and duplexes accompanied with well-maintained lawns. Many who settle in this area enjoy their proximity to outdoor recreation while still having the convenience of accessible transit, shopping and entertainment.” The neighborhood is convenient to public and private schools and community services.

SITE:
Rectangular lot – 20′ x 109′. Plat
Public utilities
Zoning R-5
Wide alley in the rear

IMPROVEMENTS:
Two Story Covered Porchfront Brick Inside-Group Townhome. According to public tax records, the home was built in 1958, contains 1,280 square feet of living area and 640 square feet of basement space. The house has a composition shingle roof, vinyl-clad double-hung windows and a concrete block foundation, and is believed to contain a living room, dining room, kitchen, 3 bedrooms and 1.5 baths.

The interior of the home has not been seen by the Auctioneer or Personal Representative. A family member of the decedent is believed to be living in the property, without permission, and will not provide access. The house is reported to have plumbing leaks and mold.

TITLE:
The property is sold free and clear of liens, subject to an annual $120 ground rent, payable half-yearly on the 31st days of January and July, in each and every year. Baltimore City Deed Book JFC 2271, Page 564.

TAXES:
Published annual real estate taxes are $3,457, based on a full value assessment of $150,100. 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 or 10% deposit, whichever is greater, payable by cashier’s check or wire transfer, will be required of the purchaser by 3:00 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 ground rent, taxes, rents 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, and building violation notices, 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. A 5% buyer’s premium will be added to the final bid price.

Joshua E. Zukerberg, Personal Representative
of the Estate of Barbara Huggins