Will Hudson, Attorney
1537 Light Street 21230
ONLINE REAL ESTATE AUCTION
TWO STORY BRICK
4520 SAINT GEORGES AVENUE
Off E. Cold Spring Lane
Baltimore City, MD 21212
MONDAY, AUGUST 9, 2021
WEDNESDAY, AUGUST 11, 2021 AT 1:00 P.M.
– Starting Bid: $30,000 –
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.
4520 Saint Georges Avenue is located in the Kenilworth Park neighborhood in north Baltimore City. Surrounding neighborhoods include Winston-Govans, Cameron Village and New Northwood. Kenilworth Park is a small, welcoming neighborhood consisting of a mix of single-family and semi-detached homes. The highly convenient area, just off York Road, offers various shopping, dining and public transportation options. The property stands within a 1.5-mile radius of Morgan State University, Loyola University Maryland, Notre Dame of Maryland University and Johns Hopkins University. Other major employers in the area include MedStar and Union Memorial Hospital. Commuters have easy access to York Road for north/south travel and Cold Spring Lane for east/west travel.
For more information, please see:
Neighborhoods – livebaltimore.com
Lot – 31′ 6″ x 89′, more or less. Plat
Zoned R-4, Residential
All public utilities
Two story brick, semi-detached, porchfront townhome – according to public tax records, the home was constructed in 1951, contains 1,327 square feet of living area and 646 square feet of basement space.
Subject to an annual $120 ground rent, paid in semi-annual installments on June 1st & December 1st; sold free and clear of all liens.
Published annual real estate taxes are $2,308.08, based on a full value assessment of $97,800. 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: Assessment Appeal Process.
SUMMARY TERMS OF SALE – Please see the contract of sale for complete terms.
A $3,000 deposit, or 10% of the purchaser price (whichever is greater), payable by cashier’s check or wire transfer, will be required of the purchaser by 4:00 P.M. on August 11, 2021. 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, 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, subject to easements, agreements, restrictions or covenants of record affecting same, if any. The Property will be sold subject to Baltimore City violation notices, 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 preauction offers will be accepted.
No Buyer’s Premium!
Will Hudson, Personal Representative
The Estate of Gerry McCall