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Holloway & Sullivan, LLC
7 St. Paul Street, Suite 625
Baltimore, MD 21202
Estate Sale – $50,000 Opening Bid
– Needs Renovation –
3202 BARCLAY STREET
Baltimore, MD 21218
THURSDAY, DECEMBER 24, 2020
TUESDAY, DECEMBER 29, 2020
AT 1:00 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.
3202 Barclay Street is located in the Abell neighborhood of north Baltimore, between 32nd and 33rd Streets. The surrounding area is a mixture of townhomes in varying sizes and a community commercial district along 33rd Street and Greenmount Avenue. The home is convenient to public transportation and I-83. Homes in the immediate neighborhood have sold from $99,000 to $365,000 in the last six months.
According to LiveBaltimore.com “Abell is a quiet, residential community in North Baltimore best known for its vibrant “Painted Lady” rowhouses. The neighborhood is named in honor of Baltimore Sun founder A.S. Abell. Residents enjoy shopping the nearby 32nd Street Farmers Market, walking to the family friendly Peabody Heights Brewery and participating in annual community events like the Abell Community Street Fair in September, a Memorial Day Picnic and the New Year’s Eve Progressive Dinner, a night where neighbors move from house to house for each course of the night’s meal. The dinner culminates in a champagne toast at the final home of the night.”
Rectangular lot 13’1″ x 92’6″. Plat
Zoning R-7, residential
All public utilities
Fenced rear yard
Two Story Inside-Group Brick Townhome, built in 1900, containing 1,170 square feet of living area and 585 square feet of basement space, according to public tax records. The home has a built-up roof and vinyl-clad double-hung replacement windows. Interior finishes are plaster walls and carpeting over wood floors.
First Floor – foyer, living room, dining room, kitchen with vinyl floor, pantry, gas range/oven, refrigerator, washer and exit to rear yard.
Second Floor – 3 bedrooms, full bath with ceramic tile floor and footed bathtub.
Unfinished basement. Gas forced air heat, central air conditioning, gas water heater.
The home needs a clean-out and complete renovation.
The property is in fee simple and sold free and clear of liens. Baltimore City Deed Book WA 3966, Page 383.
Published annual real estate taxes are $2,501, based on a full value assessment of $106,000. 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.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A 10% deposit, payable by cashier’s check or wire payment, 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, 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.
Auction by order of
J. Michael Holloway, Personal Representative of the Estate of Joseph Marbury