Featuring Live & Online Simulcast Bidding
$60,000 Opening Bid
3912 MORTIMER AVENUE
Baltimore City, MD 21215
Online Bidding Opens
MONDAY, SEPTEMBER 19, 2022
Live Onsite Auction
WEDNESDAY, SEPTEMBER 21, 2022
AT 12:00 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.
3912 Mortimer Avenue is located in the Glen neighborhood of Northwest Baltimore City. Surrounding neighborhoods include Mount Washington, Cheswolde and Cross Country. The neighborhood is comprised of a mix of rowhomes, single family homes, semi-detached homes and apartment buildings. The property is on the northern side of Northern Parkway, an east/west thoroughfare, and the eastern side of Reisterstown Road, a north/south thoroughfare. Both major roadways provide easy access to local restaurants, grocery stores, retail shops and public transportation routes. Residents of the area can enjoy the proximity to Cylburn Arboretum where visitors can enjoy an escape from city life by walking through the 200-acre urban oasis lined with hundreds of specimen trees, plant collections, gardens and wooded trails. Nearby employers in the area include Sinai Hospital and Loyola University
For more information, please see:
Glen – livebaltimore.com
Lot – 30′ x 125′, more or less. Plat
Partially fenced rear yard with storage shed
Zoned R-4, Residential
All public utilities
Two story semi-detached porchfront townhome – according to public tax records the property was constructed in 1952, contains 1,838 square feet of living area and 634 square feet of basement space. The property is rented to a month to month tenant paying $1,300 per month. The tenant is current.
Please complete a Waiver and Confidentiality Agreement form to view the lease.
In fee simple; sold free and clear of liens. Baltimore City Deed Book MB Liber 22117, folio 96.
Published annual real estate taxes are $3,272.54, based on a full value assessment of $138,667.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – a $10,000 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 by 12:00 P.M., Thursday, September 22, 2022, at the Auctioneer’s office.
Online Auction Bidders – a 10% deposit, payable by cashier’s check or wire transfer, 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. All adjustments, including taxes, rents, 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 settlement and assumed thereafter by the purchaser. Security deposits, if any, shall be adjusted at the time of settlement. The property will be sold in “AS IS” condition, and subject to the existing leases of the tenants in place, 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 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. 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.