"Mid-Town Belvedere"

Patrick A.U. Opara, Attorney
Baltimore, MD 21207

 ATTORNEY’S AUCTION 

$75,000 Suggested Opening Bid

2 Bedroom ◆ 2.5 Bath
CONDOMINIUM UNIT
1,476± Square Feet ◆ Parking

Sale On Premises
13A W. BIDDLE STREET
Between Charles Street & Maryland Avenue
Baltimore, MD 21201

TUESDAY, JANUARY 7, 2020
AT 2:30 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:
13A W. Biddle Street is located in the heart of the Mid-town Belvedere neighborhood of Downtown Baltimore. The building is within walking distance of the University of Baltimore, Maryland Institute College of Art, Peabody Conservatory, Meyerhoff Symphony Hall, State Center and Penn Station. The area is a mixture of commercial and residential land uses. Grand neighborhood townhomes, converted to apartments and offices are typical of the area. Mid-town Belvedere buildings are a mixture of old and new construction. Shops, dining, employers and entertainment are within walking distance. Extensive MTA bus service is along arterial roadways.

BUILDING:
The unit is located in the Symphony Hall Condominium, consisting of five, large, three-story stone townhomes, converted to condominium units. Monthly condominium fee is $388.99. Secure entry system. Condominium Resale Package.

Zoning OR-2, office residential

UNIT:
Two story condominium unit, located on the first and ground levels of the building. First floor comprises 638 square feet, lower level comprises 838 square feet, total 1,476 square feet. An assigned parking space (Space #4) is located in the rear of the building and is accessible from the lower level. The unit features high ceilings and wood floors. Unit 13A was used for many years as a law office and was most recently used as a rental apartment. Lead Property Rental Registry

Upper Level

• Living Room – wood floor
• Dining Room – wood floor, fireplace (ornamental)
• Half-Bath – ceramic tile
• Kitchen – vinyl floor, wood cabinets, electric range/oven, stainless steel sink, dishwasher, breakfast bar
• Large Coat Closet

Lower Level

• Bedroom #1 – carpeting, en-suite ceramic tile Full Bathroom, walk-in closet
• Bedroom #2 – carpeting, en-suite ceramic tile full bathroom
• Utility Room
• Exit to rear courtyard and parking lot

Mechanical – electric heat pump and central air conditioning, electric water heater, washer/dryer hookup

TITLE:
The property is sold free and clear of liens. Baltimore City Deed Book 18765, Page 1.

TAXES:
Published annual real estate taxes are $4,526, based on a full value assessment of $191,800. 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 $7,500 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, condominium fees, 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, and subject to the Declaration and By-laws of the Symphony Hall Condominium. 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.