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Benjamin C. Stevens, Attorney
Aitken & Stevens, LLC
502 Washington Avenue, Suite 310
Towson, MD 21204
Featuring Live and Online Simulcast Bidding
$80,000 Opening Bid
Arranged for 3 Apartments
– Renovation Needed –
Sale On Premises
3300 WHITE AVENUE
Corner Sefton Avenue
Baltimore, MD 21214
Online Bidding Opens
FRIDAY, JANUARY 8, 2021
Live Onsite Auction Begins
TUESDAY, JANUARY 12, 2021
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. The auction will be open for online bidding beginning on Friday, January 8, 2021. Once the simulcast begins, both online and in-person bidders will be able to place bids on the property. The simulcast will end approximately 15 minutes after the live auction begins, at which time online bidding will close. If you encounter a problem placing online bids, please refresh the page.
The property is located in the Glenham-Belhar neighborhood of northeast Baltimore, a well established community of detached homes and townhomes, situated between the business corridors of Harford and Belair Roads. The neighborhood is convenient to public transportation, shopping, dining, community services and employment centers.
Corner lot fronts approximately 82′ along the north side of White Avenue, by a depth of 117′ along the east side of Sefton Avenue, comprising approximately 0.246 acre of land. Plat
Zoning R-4, two dwelling units
Concrete two-car driveway
Two and One-Half Story Victorian Cottage, circa 1900, contains approximately 3,600 square feet of living area and 1,453 square feet of basement space.
Covered wraparound front porch
Covered rear porch
Composition shingle roof
Wood double-hung windows
Stone basement foundation
The home has been in the same family since approximately 1960 and was arranged for 3 apartments. Extensive renovation is needed. Original architectural details remain, including front and rear stairways, plaster walls and hardwood floors.
Basement is unfinished and has interior and exterior entrances. Gas fired steam heat (furnace is approximately five years old). Two gas meters. Two electric meters.
The property is in fee simple and sold free and clear of liens. Baltimore City Deed Book SEB 16, Page 655.
Published annual real estate taxes are $4,704, based on a full value assessment of $199,333. 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 $10,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale, if purchased at the live on-site auction. The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office. If the property is purchased online, a 10% deposit shall be paid by wire or cashier’s check by 4:30 p.m. on the day of sale. 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. The purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law. Purchaser assumes the risk of loss from the date of contract forward. 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.
Estate of Allison Merrill Lynn