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The property will be open 1 hour prior to the live onsite auction and is also available to view per the following instructions:
For Agents: please schedule online via ShowingTime.
For Individuals: Request Access to Property. Once the completed form has been received, you will receive inspection instructions via email. Inspection requests are normally answered Mon.-Fri. 9 am – 4 pm.
Live Auction Bidders – a $10,000 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 by 11:00 A.M., Friday, October 21, 2022, at the Auctioneer’s office. Online Auction Bidders – a 10% deposit, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:00 p.m. on the day of auction, at the Auctioneer’s office. When you register for an online auction, a “ping” will be placed on your credit card and immediately voided, you will not be charged the deposit amount. A 5% buyer’s premium will be added to the final bid price. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page and see the Sample Contract.
Featuring Live & Online Simulcast Bidding
$75,000 Opening Bid
3016 OAKCREST AVENUE
Off Harford Road
Baltimore City, MD 21234
Online Bidding Opens
TUESDAY, OCTOBER 18, 2022
Live Onsite Auction
THURSDAY, OCTOBER 20, 2022
AT 11:00 A.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.
3016 Oakcrest Avenue is located in the North Harford Road neighborhood of northeast Baltimore City. The surrounding area is often referred to as Parkville or Hamilton, both references to nearby neighborhoods in the County and City, respectively. As described by LiveBaltimore.com, “North Harford Road is a large neighborhood with a suburban feel in the Northeast of Baltimore City, bordering Baltimore County. Navigating the walkable and quiet streets is easy due to the grid-like layout. Single-family homes and brick duplexes are the predominant housing styles in this neighborhood.” Sitting off Harford Road, the property has terrific proximity to grocery stores, restaurants, bars, retail shops and cafes. Commuters can take advantage of Harford Road for north/south travel and Northern Parkway for east/west travel. I-695 is within 1.5 miles and I-95 is within 4 miles. The surrounding community has several parks, ball fields, a golf course and several shopping centers. Major employers in the area include Morgan State University, Medstar Good Samaritan Hospital and Greater Baltimore Medical Center.
For more information, please see:
North Harford Road – livebaltimore.com
Lot – 44’10” x 151’1″, more or less. Plat
Concrete driveway for 2+ vehicles Rear storage shed
Zoned R-3, Residential
All public utilities
Two story frame porchfront bungalow – according to public tax records the property was constructed in 1929, contains 1,200 square feet of living area and 560 square feet of basement space. The property is contains three bedrooms and one and one-half bathrooms.
In fee simple; sold free and clear of liens. Baltimore City Deed Book SEB Liber 3455, folio 337.
Published annual real estate taxes are $3,156.90, based on a full value assessment of $133,767.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – a $10,000 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 by 11:00 A.M., Friday, October 21, 2022, at the Auctioneer’s office.
Online Auction Bidders – a 10% deposit, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:00 p.m. on the day of auction, 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, ground rent and 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. 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 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. 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. A 5% buyer’s premium will be added to the final bid price.