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This Auction has been CANCELED.
Sold prior to the auction.
Rob Goldman Legal Solutions
6800-B Holabird Avenue, Dundalk, MD 21222
Featuring Live & Online Simulcast Bidding
$65,000 Opening Bid
TWO STORY TOWNHOME
3 Bedrooms ◆ 2+ Baths ◆ Garage
– Some Repairs Needed –
1417 NORTHGATE ROAD
Off 4400 Loch Raven Boulevard
Baltimore, MD 21218
– CANCELED –
Online Bidding Opens
FRIDAY, JULY 9, 2021
Live Onsite Auction
TUESDAY, JULY 13, 2021
AT 2:00 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.
1417 Northgate Road is located in the New Northwood neighborhood of northern Baltimore City. The surrounding area is a mixture of well kept townhomes, single family homes and garden apartments. The neighborhood is homeowner and tenant occupied, providing an excellent opportunity to rehabilitate a substantially built home for yourself, for resale or for use as a high quality rental.
Rectangular lot, approximately 36′ x 95′. Plat
All public utilities
Zoning R-5, residential
Fenced rear yard
Lot is graded for basement walk-out and built-in garage (one car)
Parking pad (one car)
Two story brick and stone end-of-group townhome, built in 1941, containing 1,492 square feet of living area, and 740 square feet of basement space, according to public tax records.
Exterior – open front and rear porches, stone foundation, vinyl-clad double hung replacement windows, composition shingle roof, aluminum rainspouts, built-in basement level garage.
First Floor – wood floors, plaster walls
Mechanical – oil hot water heat, 100-amp. electrical service, gas 40-gallon water heater
The home needs updating and cosmetic repairs.
The property is in fee simple and sold free and clear of liens. Baltimore City Deed Book RHB 2796, Page 16.
Published annual real estate taxes are $3,049, based on a full value assessment of $129,500.
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: Assessment Appeal Process.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
In Person Bidders – 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.
Online Bidders – A 10% deposit by wire transfer or cashier’s check, delivered to the Auctioneer’s office by 4:30 p.m. on the day of auction.
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. 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.
Estate of Ralph Wendell Sanders