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$5,000 Opening Bid
4 RESIDENTIAL LOTS
– Sold as an Entirety –
2638, 2652, 2654 & 2656
Baltimore City, Maryland 21223
– POSTPONED –
MONDAY, MARCH 21, 2022
TUESDAY, MARCH 22, 2022
AT 11:15 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.
The lots are located in the Millhill neighborhood in southwest Baltimore City. Surrounding neighborhoods include Wilhelm Park, Gwynns Falls, Shipley Hill and Carrollton Ridge. Among the best known parts of Millhill is St. Benedicts Church and Parish, a congregation with approximately 130 years of history in the neighborhood. The area is convenient to a number of major thoroughfares, providing good access to major employment centers in the surrounding commercial areas, Downtown Baltimore and points south and west.
The auction comprises four lots, three of which are adjoining. A senior living facility is at the end of the block, and St. Benedicts is one block away. Other surrounding properties are predominantly townhomes.
Each lot comprises a level, rectangular lot in an R-8 residentially zoned district, and are further described below. Lot sizes are based on tax records. Deed and plat records indicate lot depths of 104’7″ and 105′.
|Property||Lot Size||Annual Taxes||Assessment||Fee Simple or Ground Rent|
|2638 Dulany Street||17’6″ x 100′||$23.60||$1,000||$35 (unreg.)|
|2652 Dulany Street||17’6″ x 100′||$23.60||$1,000||Fee simple|
|2654 Dulany Street||13′ x 100′||$23.60||$1,000||Fee simple|
|2656 Dulany Street||13′ x 100′||$23.60||$1,000||Fee simple|
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $3,000 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 4:00 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. 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 Property will be sold subject to Baltimore City violation notices, if any. 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% or $1,500 buyer’s premium, whichever is greater, will be added to the final bid price.