Holloway & Sullivan, LLC
One North Charles Street – Suite 2525
Baltimore, MD 21201
– $10,000 Suggested Opening Bid –
STONE & SIDING TOWNHOME
3 Bedrooms ◆ 1.5 Baths
Sale On Premises
5008 PIMLICO ROAD
At Cylburn Avenue
Baltimore, MD 21215
THURSDAY, MAY 17, 2018
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.
5008 Pimlico Road is located in the “Central Park Heights” neighborhood of northwest Baltimore, one block south of Belvedere Avenue. Neighborhood housing is a mixture of tenant and owner-occupied townhomes and single family homes. The home is within walking distance of neighborhood shopping, public transformation, Sinai Hospital and Levindale.
Lot 20′ x 82′
Zoning R-6, residential
All public utilities
Fenced front and rear yards
Concrete front and rear patios
Two story, stone and vinyl siding, inside-group townhome, built in 1940, containing 1,406 square feet of living area and 703 square feet of basement space. The home features plaster walls and carpeting over wood floors.
First floor contains a foyer, living room, dining room and kitchen with vinyl floor, wood cabinets, laminate counters, gas range/oven and refrigerator. Second floor has 3 bedrooms and full ceramic tile bath. Basement comprises knotty pine club room with vinyl floor, laundry utility room with sink, washer, dryer and outside exit and flush. Gas hot water radiators, 40 gallon gas water heater, 100 amp. electrical service, security alarm.
The property is in fee simple and sold free and clear of liens. Baltimore City Deed Liber No. JFC 2285, folio 265.
Published annual real estate taxes are $802, based on a full value assessment of $34,000. 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:
A $3,000 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. 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, 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.
Terry K. Sullivan, Guardian of the Property for Cassie Stewart