Buy It Now: $225,000 - "Baltimore City Historic Landmark"

 BUY IT NOW – $225,000 

BALTIMORE CITY
HISTORIC LANDMARK
Attributed to
Charles Carroll of Carrollton
Signer of the Declaration of Independence

Known As
“CARROLL HUNTING LODGE”
Comprising
Circa 1790 Stone Home
& Adjacent 2.06 Acre Parcel

5900 AND 5914
GREENSPRING AVENUE
At Cross Country Boulevard, “Cheswolde”
MT. WASHINGTON AREA
Baltimore, MD 21209

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:
The Carroll Hunting Lodge is located at the northwest quadrant of Greenspring Avenue and Cross Country Boulevard of northwestern Baltimore City, just south of the Baltimore County line. The site adjoins scenic Western Run in the “Cheswolde” neighborhood. Cheswolde is comprised of a variety of detached single-family homes and garden apartments. The neighborhood is convenient to the Baltimore Beltway (I-695), Jones Falls Expressway (I-83), MTA bus and light rail service and a newly constructed hiking/biking trail. Shopping and dining are nearby on Smith Avenue and in Mt. Washington Village.

History of Carroll Hunting Lodge as published on the Baltimore City List of Historic Places

LANDMARK DESIGNATION:
The parcel at 5914 Greenspring Ave. is designated as a Baltimore City Landmark City by City Council Ordinance 82-829. This designation requires that all exterior work on the property, including alterations such as (but not limited to) replacement of materials, repair, excavation, paving, construction of additions, and demolition requires approval of the Baltimore City Commission for Historic Preservation or its staff. The Design Guidelines and Rules and Regulations that this property is subject to can be found here: Rules & Regulations and Design Guidelines – chap.baltimorecity.gov/ Please contact Historic Preservation Planner Lauren Schiszik with any questions at: lauren.schiszik@baltimorecity.gov or 410-396-5796.

As a designated historic site, this property is eligible for historic tax credit for interior and exterior rehab work. Available tax credits include the Federal Historic Tax Credit, the State Homeowner Tax Credit, and the Baltimore City 10 year property tax credit. Applicants may use multiple tax credits for the same scope of work.

SITE:
The property is comprised of two lots:
5914 Greenspring Avenue – 100′ x 150′, 0.344 acre, comprising the home site.
5900 Greenspring Avenue – 2.06 acres surrounding 5914.
Total lot size 2.40 acres.

The property is surrounded by mature trees and Western Run stream. The home is situated well back from Greenspring Avenue.

All public utilities are available.

Zoning R-5, residential.

A portion of the property appears to be located within a 100-year floodplain.

IMPROVEMENTS:
Two story Federal-style stone home, dating from 1790 to 1815, with subsequent additions. According to public tax records, the home contains 2,840 square feet of gross living area and 1,420 square feet of basement space. Substantial renovation is required.

Architectural details include wide plank wood floors, plaster walls, period mouldings and trim, 4 brick fireplaces and gracious room sizes. As currently arranged, the home contains a living room, dining room, kitchen, 3 bedrooms and two baths.

TITLE:
The property is in fee simple and will be sold free and clear of liens.

TAXES:
Published annual real estate taxes for 5914 Greenspring Avenue are $7,275, based on a full value assessment of $308,267. Published annual real estate taxes for 5900 Greenspring Avenue are $651, based on a full value assessment of $27,600.

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 deposit of ten percent (10%) of the Purchase Price, in cash or cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer. 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.

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