"North Baltimore - Wrenlane"

Holloway & Sullivan, LLC, Solicitors
One North Charles Street – Suite 2525
Baltimore, MD 21201

GUARDIAN’S SALE

“Wrenlane”

Two Story Semi-Detached
BRICK TOWNHOME

Sale On Premises
4724 ALHAMBRA AVENUE
Baltimore City, MD 21212

TUESDAY, DECEMBER 5, 2017
AT 10:30 A.M.

– SUGGESTED OPENING BID: $10,000 –

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:
4724 Alhambra Avenue is located in the Wrenlane neighborhood in northeast Baltimore City. Surrounding neighborhoods include Wilson Park, Kernewood, Richnor Springs and Kenilworth Park. Wrenlane is situated along York Road, a short distance from Loyola University of Maryland, Notre Dame, Morgan State University and Johns Hopkins University. Towson and Downtown Baltimore are each about 4 miles away to the north and south, respectively. Shopping, dining and public transportation are all along York Road.

For more information about Baltimore City neighborhoods, please visit:
https://livebaltimore.com/neighborhoods/

SITE:
Rectangular lot: 25′ x 77’9″, more or less

Zoning R-6, Residential

Fenced rear yard

Street parking

All public utilities

IMPROVEMENTS:
Two story semi-detached brick covered porchfront townhome – according to public tax records, the home was constructed in 1910 and contains 1,224 square feet of living area and 612 square feet of basement space. The home features gas forced air heat, 40 gallon gas water heater and is arranged as follows: living room, dining room and kitchen on the first floor; 2 bedrooms and bath on the second floor; full unfinished basement. 

TAXES:
Current annual real estate taxes are $1,897.44 based on a full value assessment of $80,400. 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

TITLE:
The property is in fee simple; and is being sold free and clear of all liens.

TERMS OF SALE:
A $2,500 deposit, payable by certified check or 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. 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, 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. 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!

Sale by Order of Michael Holloway, Esquire
Guardian of the Property of Benigno Ortiz