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This Auction has been CANCELED.
Sold prior to the auction.
ONLINE REAL ESTATE AUCTION
TWO STORY
SEMI-DETACHED HOME
Known As:
1002 PINE HEIGHTS AVENUE
Off Wilkens Avenue
Baltimore City, MD 21229
This Auction has been CANCELED.
Sold prior to the auction.
BIDDING OPENS:
MONDAY, JULY 13, 2020
BIDDING CLOSES:
THURSDAY, JULY 16, 2020 AT 12:00 NOON
– Suggested Starting Bid: $20,000 –
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.
LOCATION:
1002 Pine Heights Avenue is located in the Violetville neighborhood in southwest Baltimore City. Proximity to both Wilkens Avenue and Caton Avenue provides excellent access to the Baltimore Beltway (I-695), I-95 and major employment centers throughout the area. St. Agnes Hospital is across the street, UMBC is 2.5 miles west, and the BWI commercial corridor is 7.5 miles south. Options for groceries, shopping and dining are along Wilkens Avenue, Southwestern Boulevard and Caton Avenue. Nearby homes are comprised predominantly of townhomes, with a mix of single family and semi-detached homes along Haverhill Road and Pine Heights Avenue.
For more information about the area, please visit:
Violetville – livebaltimore.com
SITE:
Lot – 25′ x 240′, more or less
Large rear yard. Alley access with potential for off-street parking.
Zoned R-6 Residential
All public utilities
IMPROVEMENTS:
Two story brick semi-detached home – constructed in 1926, containing 1,425 square feet of living area and 765 square of basement space, according to public tax records. The home needs a full renovation.
EXTERIOR:
INTERIOR:
First floor:
Second floor:
Basement/mechanical
TITLE:
In fee simple; sold free and clear of liens.
TAXES:
Published annual real estate taxes (2019/2020) are $2,414.28, based on a full value assessment of $102,300. 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: Assessment Appeal Process.
SUMMARY TERMS OF SALE – PLEASE REFER TO THE CONTRACT FOR THE COMPLETE TERMS OF SALE:
A $2,500 deposit, or ten percent (10%) of the Purchase Price (whichever is greater), in cash or cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer, within 24 hours of Thursday, July 16, 2020 at 12:00 Noon (the bid closing). 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. A 5% buyer’s premium will be added to the final bid price.