"Hollins Market"

REAL ESTATE AUCTION

Immediately South of the Market

End-Of-Group
TOWNHOME

Sale On Premises
30 S. ARLINGTON AVENUE
Near Hollins Street
Baltimore City, MD 21223

TUESDAY, NOVEMBER 28, 2017
AT 11:15 A.M.

– Suggested Opening Bid: $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.

LOCATION:
30 S. Arlington Avenue is located in the Hollins Market neighborhood in southwest Baltimore City. The home is within the local Union Square Historic District and Union Square – Hollins Market National Historic District. The well-known Hollins Market, for which the neighborhood is named, is one-half block north of the property. The market and surrounding blocks feature restaurants, arts facilities, retail stores and service businesses. The University of Maryland Baltimore campus is about 4 blocks east, and many of the City’s best known attractions are also within a short distance. Surrounding properties include historic rowhomes, mixed-use and commercial properties.

For more information about Hollins Market, please visit:
https://livebaltimore.com/neighborhoods/hollins-market/

SITE:
Rectangular lot 12′ x 60′, more or less

Zoning R-8, residential

All public utilities

IMPROVEMENTS:
Two story brick end-of-group townhome.

TITLE:
$30 annual ground rent (due in semi-annual installments on 1/1 & 7/1); and sold free and clear of liens.

TAXES:
Published annual real estate taxes are $542.80 based on a full value assessment of $23,000.

TERMS OF SALE:
A $5,000 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. 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!