REAL ESTATE AUCTION
Sale On Premises
3323 MCELDERRY STREET
Corner of N. Clinton Street
Baltimore City, MD 21205
TUESDAY, SEPTEMBER 19, 2017
AT 10:30 A.M.
– Suggested Opening Bid: $2,500 –
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.
3323 McElderry Street is located in the Ellwood Park/Monument neighborhood. The property sits at the corner of N. Clinton Street, within walking distance of Ellwood Park, a mile from I-895 and minutes from Johns Hopkins Bayview Medical Center. The location offers excellent proximity to all the attractions in Highlandtown, Patterson Park and Greektown. The property is located within the East Monument National Historic District
For more information about Ellwood Park/Monument, please visit:
Rectangular lot 14’6″ x 70′, more or less
Zoning R-8, residential
All public utilities
Two story brick end-of-group covered porchfront townhome – constructed in 1924, and containing 1,336 square feet of living area, according to public tax records. The home is arranged for a living room, dining and kitchen on the first floor; three rooms and bath, on the second floor, full basement.
In fee simple; sold free and clear of liens.
Published annual real estate taxes are $1,477.36 based on a full value assessment of $62,600.
A $2,500 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office. 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, and subject to easements, agreements, housing code violation notices, 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!