This Auction has been CANCELED.
Sold prior to the auction.
ONLINE REAL ESTATE AUCTION
– $50,000 Opening Bid –
TWO STORY TOWNHOME
– Rented for $1,357/Month –
112 AISQUITH STREET
Near E. Fayette Street
Baltimore, MD 21202
– CANCELED –
FRIDAY, JUNE 18, 2021
TUESDAY, JUNE 22, 2021 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.
112 Aisquith Street is located in the Pleasant View Gardens neighborhood in east Baltimore. Pleasant View Gardens comprises a collection of rental and owner-occupied townhomes largely designed and developed in the mid to late 1990s with the goal of additional affordable housing in the heart of Baltimore. Also within the community are a senior living facility, Baltimore City government offices and part of the former Sojourner Douglass College complex. The latter campus has been discussed as a potential redevelopment site over the last couple of years. Additional significant development projects are planned, under construction or have already been completed throughout the nearby Jonestown, Oldtown Mall, Washington Hill and Dunbar-Broadway Neighborhoods. The well-known Dunbar High School is approximately two blocks northeast, and the expansive Johns Hopkins Hospital East Baltimore campus is centered approximately one-half mile east. A playground is located immediately behind the property.
Lot size – 16′ x 71′, more or less. Plat
All public utilities
Zoned R-8 Residential
Two story brick inside-of-group townhome – constructed in 1997, containing 896 square feet of living area above grade and 448 square feet of basement space. The home is arranged for 6 rooms (2 bedrooms), bath and basement. Finishes include drywall, carpet, vinyl and ceramic tile floors. The condition is mostly original with new carpets having been recently installed. The home is currently rented for $1,357/month on a Section 8 lease. Lead certificate not required based on the age of the home.
Please complete a Waiver and Confidentiality Agreement form to view the lease.
In fee simple; sold free and clear of liens.
Published annual real estate taxes are $2,513.40, based on a full value assessment of $106,500.
SUMMARY TERMS OF SALE – PLEASE REFER TO THE CONTRACT FOR THE COMPLETE TERMS OF SALE:
A $5,000 deposit, or ten percent (10%) of the Purchase Price (whichever is greater), in a cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer, by 4:30 P.M. on the day of the 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. All adjustments, including taxes, ground rent, 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 settlement and assumed thereafter by the purchaser. The property will be sold in “AS IS” condition, and subject to the rights of the existing tenant, 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. 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.