This Auction has been CANCELED.
Sold prior to the auction.
ONLINE REAL ESTATE AUCTION
– $40,000 Starting Bid –
410 CORNWALL STREET
Off Eastern Avenue
Baltimore, MD 21224
– CANCELED –
Sold prior to the auction.
TUESDAY, DECEMBER 1, 2020
THURSDAY, DECEMBER 3, 2020 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.
410 Cornwall Street is located in the Bayview neighborhood of eastern Baltimore City. Surrounding neighborhoods include Greektown, Easterwood and O’Donnell Heights. The small neighborhood consists of wide townhomes with front porches perfect for the summer months. Eastern Avenue, one of Baltimore’s main east/west roads, is immediately south and has dining, retail and entertainment options available. Yard 56, a new mixed use development, is within a half mile and will feature a fitness facility, supermarket, bank, offices and more eateries. The neighborhood is bolstered by Johns Hopkins Bayview Medical Center, one of the areas largest employers. Other employers include MTA Eastern Division, Abacus Corporation and the shops at Canton Crossing.
Lot size – 14’11” x 95′, more or less. Plat
All public utilities
Two story porchfront inside group townhome – constructed in 1927, containing 1,260 square feet of living area and 630 square feet of basement space, according to public tax records.
In fee simple; sold free and clear of liens.
Published annual real estate taxes are $2,145.24, based on a full value assessment of $90,900.
SUMMARY TERMS OF SALE – PLEASE REFER TO THE CONTRACT FOR THE COMPLETE TERMS OF SALE:
A $7,500 deposit or ten percent (10%) of the Purchase Price (whichever is greater), in a cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer, by Friday, December 4, 2020 at 2:00 P.M. 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. The Property will be sold subject to Baltimore City violation notices, 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.