ONLINE REAL ESTATE AUCTION
THREE STORY BRICK
5 Bedrooms ♢ 2.5 Bathrooms
811 N. CAREY STREET
Off W. Lafayette Avenue
Baltimore City, MD 21217
MONDAY, MAY 23, 2022
TUESDAY, MAY 24, 2022 AT 12:00 P.M.
– Bidding Starts at: $40,000 –
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.
811 N. Carey Street is located in the Harlem Park neighborhood of West Baltimore City. Surrounding neighborhoods include Midtown-Edmondson and Sandtown-Winchester. The neighborhood is comprised of a mix of two and three story townhomes dating back to the early 20th century. “Across the decades, builders, residents and religious leaders left a legacy of unique landmarks including Lafayette Square, the former Harlem Theater, a wealth of magnificent churches and grand brick rowhouses,” according to BaltimoreHeritage.org. Residents of the home can take advantage of the convenience of commuting that the home offers, being within a half mile of both S. Fulton Avenue and S. Monroe Street, for north/south travel, and RT-40, for east/west travel. Within a mile of the home is Martin Luther King Jr. Boulevard, which has a variety of dining, retail and entertainment options. Major employers in the area include University of Maryland Baltimore, Grace Medical Center and State Center, offering a multitude of government jobs.
Rectangular lot – 15’5″ x 104′. Plat
Zoning R-8, residential
All public utilities
Fenced rear yard
Three-story inside-group townhome built in 1920, according to public tax records. The home contains living room, dining room, kitchen, bonus room and half bathroom, on first floor; two bedrooms and bathroom, on second floor; three bedrooms and bathroom, on third floor; unfinished basement. Central air conditioning is available throughout the home.
Cosmetic updates needed.
Published annual real estate taxes are $416.94, based on a full value assessment of $17,667.
In fee simple; sold free and clear of liens. Baltimore City Deed Book Liber MB 20137, folio 304.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $5,000 deposit, or 10% of the purchase price (whichever is greater), payable by cashier’s check or wire transfer, will be required of the Purchaser by 4:30 P.M. on the day of the auction at the Auctioneer’s office, 6500 Falls Road, Baltimore, MD 21209. 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, 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 Property will be sold subject to Baltimore City violation notices, if any. 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.