"Grove Park"

Holloway & Sullivan, LLC
One North Charles Street – Suite 2525
Baltimore, MD 21201

 ESTATE AUCTION 

$25,000 Suggested Opening Bid

BRICK TOWNHOME
– Needs Renovation –

Sale On Premises
5585 KENNISON AVENUE
Off N. Rogers Avenue, just south of Wabash Avenue
Baltimore, MD 21215

MONDAY, OCTOBER 28, 2019
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.

LOCATION:
5585 Kennison Avenue is located in the Grove Park neighborhood of northwest Baltimore. The property is situated on a quiet residential street, opposite mature woods. Neighborhood housing is a mixture of townhomes, garden apartments and single family homes. Grove Park Elementary School is one block east of the home. The neighborhood is convenient to MTA metro and bus service and shopping.

SITE:
Rectangular lot – 28’5″ x 112’7″
Zoning R-6, residential
All public utilities
Fenced front and rear yard
Concrete parking pad in rear

IMPROVEMENTS:
Two Story Brick End-of-Group Townhome, built in 1956, containing 1,116 square feet of living area and 558 square feet of basement space, according to public tax records. The home has an awning covered front porch, built-up roof, metal casement windows, concrete block foundation and wood floors throughout. Renovation is needed.

First floor contains a living room, dining room, ceramic tile half-bath, and kitchen with vinyl floor, laminate cabinets and counters, gas range/oven and refrigerator. Second floor has 3 bedrooms and full ceramic tile bath. Full basement has outside exit. Gas forced air heat and central air conditioning.

TITLE:
The property is sold free and clear, subject to a $96 ground rent, payable in equal semi-annual installments on the 15th days of June and December in each and every year. Baltimore City Deed Book 19892, Page 338.

TAXES:
Published annual real estate taxes are $2,650, based on a full value assessment of $115,967. 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:
https://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $3,000 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 within 24 hours 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. 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, 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.

Auction by order of
Terry K. Sullivan, Personal Representative
of the Estate of Moira N. Roberts