"Mayfield Historic District"

REAL ESTATE AUCTION

TWO STORY SEMI-DETACHED
PORCHFRONT HOME

Sale On Premises
3515 HARFORD ROAD
Near Chesterfield Avenue
Baltimore City, MD 21218

TUESDAY, NOVEMBER 27, 2018
AT 12:00 NOON

– Suggested Starting Bid: $25,000 –

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:
3515 Harford Road is located in the Mayfield neighborhood in northeast Baltimore City. Surrounding neighborhoods include Belair-Edison, Beverly Hills, Coldstream-Homestead-Montebello and Arcadia. The home is situated within close proximity to Lake Montebello, Clifton Park and Herring Run Park, for outdoor recreation. Harford Road provides grocery stores, dining, retail and entertainment options. For commuters, Harford Road, 33rd Street (0.5 miles), and Belair Road (1 mile) offer public transportation. Major employers in the area include Morgan State University and Johns Hopkins University.

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

SITE:
Lot – 21′ x 125′, more or less

Rear fenced yard

Parking for 1-2 cars

Zoned Residential

All public utilities

IMPROVEMENTS:
Two story porchfront semi-detached townhome – according to public tax records, the house was constructed in 1920, contains 1,320 square feet of living area and 660 square feet of basement space. The house contains living room, dining room, kitchen and laundry area, on the first floor; 3 bedrooms and bath, on the second floor; full basement.

INTERIOR:

First floor:

• Living room – hardwood
• Dining room – laminate floor
• Eat-in Kitchen – laminate floor, gas range, laminate counter tops

Second floor:

• Bedroom/Den – carpet with no closet
• Bedroom – carpet
• Bedroom – carpet
• Full bath – ceramic tile and shower

Basement/Mechanical:

• Flush
• 40 gallon gas water heater
• Utility sink
• 2 sump pumps
• Rear storage with walkout to yard

EXTERIOR:

• New roof (2015)
• New furnace/central AC
• New water line to road
• Rear 2nd story porch

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

TAXES:
Published annual real estate taxes are $2,772, based on a full value assessment of $117, 467. 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:
http://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 $2,500 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, 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. The Purchaser waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the Purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. 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!