"Irvington"

REAL ESTATE AUCTION

TWO STORY BRICK
PORCHFRONT TOWNHOME

Sale On Premises
312 MARYDELL ROAD
Off Frederick Avenue
Baltimore City, MD 21229

THURSDAY JUNE 6, 2019
AT 12:00 NOON

– Suggested Starting 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:
312 Marydell Road is located in the Irvington neighborhood of southwest Baltimore City. Surrounding neighborhoods include Ten Hills, Allendale, Saint Agnes and Yale Heights. Frederick Avenue runs north of the home and has dining, retail and entertainment options. The home is within walking distance to Irvington Park, which includes baseball diamonds and recreational space. Commuters have easy access to Frederick Avenue for east/west traffic and I-695 (1.8 miles) for access to other major highways. Major employers in the area include University of Maryland Baltimore County (UMBC) and Saint Agnes Hospital.

For more information, please see:
https://livebaltimore.com/neighborhoods/irvington/

SITE:
Lot – 18′ x 80′, more or less

Zoned Residential

All public utilities

IMPROVEMENTS:
Two story inside group, brick porchfront townhome – according to public tax records the home was constructed in 1927. The home is currently arranged for two bedrooms on the second floor but can be converted to the original three bedrooms.

EXTERIOR:

• Brick facade
• Porch
• Vinyl replacement windows
• Rear deck with partially fenced rear yard
• Possibility for a one car parking pad
• Flat built up roof

INTERIOR:

First floor:

• Living room – wood
• Dining room – wood
• Kitchen – laminate

Second floor:

• Bedroom – wood
• Bedroom – wood
• Bathroom – tile

Basement/mechanical:

• Unfinished basement
• Full bathroom (partially finished)
• Bonus room (partially finished)
• Washer/dryer area
• 50 gallon gas water heater
• 100 amp electrical
• Gas forced air heat

TITLE:
In fee simple; sold free and clear of liens.

TAXES:
Published annual real estate taxes are $1,807.76, based on a full value assessment of $76,600. 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 REFER TO THE CONTRACT FOR THE COMPLETE 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. 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 the date of the contract of sale 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. 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!