Featuring Live & Simulcast Online Bidding
-Off Street Parking-
1122 SEMINOLE AVENUE
Near Edmondson Avenue
Baltimore, MD 21229
ONLINE BIDDING OPENS:
MONDAY, JULY 18, 2022
LIVE ONSITE AUCTION:
WEDNESDAY, JULY 20, 2022
AT 12:30 P.M.
– Starting Bid: $60,000 –
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.
1122 Seminole Avenue is located in the Rognel Heights neighborhood in Southwest Baltimore City. Surrounding neighborhoods include Edmondson Village, Allendale and Hunting Ridge. The neighborhood offers the access of city living with the comforts of suburban life – being located within a mile of several grocery stores, restaurants, retail shops, churches and public libraries. The property is a commuter’s dream located just minutes off of I-70, I-695 and Route 40. The home faces Gwynns Falls Park, second largest woodland park in the U.S., and nothing short of a nature lover’s dream. It offers a wide variety of recreational activities such as a 15-mile hiking/biking trail, tennis courts, baseball and football fields. Major employers in the area include the Social Security Administration, Saint Agnes Hospital and University of Maryland Baltimore County.
Lot size – 19′ x 143’1″, more or less. Plat
Off Street Parking
Front and Rear Yards
Zoned R-6, residential
All public utilities
Two story brick inside-group porchfront townhome – constructed in 1951, containing 1,152 square feet of living area and 576 square feet of basement space, according to public tax records.
Subject to an annual $96 ground rent (payable in semi-annual installments on 05/19 and 11/19); sold free and clear of liens. Baltimore City Deed Book RHB 2404, folio 174.
Published annual real estate taxes are $2,565.32, based on a full value assessment of $108,700.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – a $7,500 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.
Online Auction Bidders – a $7,500 deposit, or 10% of the purchase price (whichever is greater), payable by cashier’s check or wire transfer, will be required of the purchaser by 4:30 P.M. on the day of the auction at the Auctioneer’s office, 6500 Falls Road, Baltimore, MD 21209.
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, rents, 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 settlement and assumed thereafter by the purchaser. Security deposits, if any, shall be adjusted at the time of settlement. The property will be sold in “AS IS” condition, and subject to the existing leases of the tenants in place, 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. Purchaser acknowledges that he/she has received all due diligence information from Auctioneer, including but not limited to the lease, lead certificate, notice of tenant delinquency and tenant forfeiture of security deposit. Time is of the essence. No buyer’s premium.