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0.45± ACRE HOMESITE
With Building Plans
4802 CALUMET AVENUE
Baltimore, MD 21206
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.
4802 Calumet Avenue is a residential lot located in the Frankford neighborhood of northeast Baltimore. The property is located off Sipple Avenue, one block south of Frankford Avenue. Neighborhood housing is a mixture of ages, types and styles. According to Bright MLS, in 2021. single family homes in the immediate neighborhood have sold for $165,000 to $351,000. The neighborhood is convenient to shopping, dining, public transportation, major highways and employment centers.
Lot fronts 87’7″ along the northeast side of Calumet Avenue by a depth of 225′, comprising approximately 0.45 acre. The lot is mostly clear and graded slightly upward from front to rear. Plat
All public utilities are available.
Zoning R-4, single family residential
The property is in fee simple and sold free and clear of liens. Baltimore City Deed Book MB 21189, Page 261.
Published annual real estate taxes are $1,182, based on a full value tax assessment of $50,100.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A 10% deposit, payable by cashier’s check or wire transfer, will be required of the Purchaser. 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 waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the Purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. 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. Time is of the essence.
No buyer’s premium.