"Patterson Park"

Rob Goldman Legal Solutions
6800-B Holabird Avenue
Dundalk, MD 21222

ATTORNEY’S AUCTION
– $50,000 Suggested Opening Bid –

TWO STORY TOWNHOME

Sale On Premises
32 N. CURLEY STREET
Baltimore, MD 21224

WEDNESDAY, MARCH 20, 2019
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.

LOCATION:
32 N. Curley Street is located one block east of Patterson Park, between Baltimore Street and Fairmount Avenue. Neighborhood housing consists primarily of two story brick townhomes. Many of the homes along the block have been renovated.

As published on LiveBaltimore.com, “Tucked away between Canton and Johns Hopkins Medical Center, you’ll find Baltimore’s up-and-coming neighborhood — Patterson Park. A designated historic district, Patterson Park is within walking distance of a variety of the city’s best restaurants, nightlife, and cultural activities. But what it really boasts is a true sense of community. Patterson Park is a small town in the heart of the city–where neighbors greet each other on the streets, socialize and play together, and work together to create Baltimore’s next great neighborhood. Patterson Park and its surrounding neighborhoods have been the hub of southeast Baltimore since the mid-nineteenth century. Boasting attractive, solid housing stock and a lush 155-acre city park, the area was for decades home to a mix of working class families, many of Eastern European descent. Many of those families were drawn to the neighborhood due to its proximity to the Baltimore waterfront, with its thousands of well paying blue-collar jobs. Today, Patterson Park is the city’s most vibrant, family-friendly park. The surrounding neighborhoods are thriving again. Neighbors know one another and are proud of their community. And with the continuing revitalization of southeast Baltimore and the creation of thousands of new jobs, we expect the quality of life to continue increasing in this up-and-coming neighborhood.”

SITE:
Rectangular lot, 12’6″ x 65′
Zoning R-8, residential
Public utilities
Fenced, rear concrete courtyard – potential for parking pad

IMPROVEMENTS:
Two story inside-group brick townhome, constructed circa 1920, containing 936 square feet of living area and 468 square feet of basement space, according to published tax records.

Exterior – Brick construction with Formstone front, built-up roof, double-hung replacement windows and rear open porch.

Interior – First floor contains a foyer, living/dining room combination with wood floor and kitchen with linoleum floor and wood cabinets. Second floor has 3 bedrooms with wood floors and full bath. Full basement is unfinished and comprises two rooms, flush (not operating), laundry area and outside exit. Gas forced air heat and central air conditioning; gas water heater; 100 amp. electric. High ceilings.

The home needs renovation.

TITLE:
The property is sold free and clear of liens, subject to an annual $60 ground rent, payable half-yearly on the 15th days of February and August, in each and every year. Baltimore City Deed Book 18871, Page 405.

TAXES:
Published annual real estate taxes are $2,473, based on a full value assessment of $104,800. 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 refer to the contract of sale for complete terms.
A $5,000 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 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, 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. 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.