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3308 WALBROOK AVENUE
Baltimore City, MD 21216
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.
3308 Walbrook Avenue is located in the Walbrook neighborhood of west Baltimore City. Surrounding neighborhoods include Mount Holly, Hanlon-Longwood and Panway- Braddish. The property is located near Gwynns Falls Parkway, which features dining, retail and entertainment options. Commuters can take advantage of North Avenue (0.1 mile) for east/west travel and I-83 (2.5 miles) for north/south travel. Outdoor and nature lovers can take advantage of Leakin Park (0.5 mile) for nature trails and hikes and Druid Hill Park (1.7 miles) for its lake, disc golf courses, trails and the Maryland Zoo in Baltimore. Major employers in the area include Coppin State University (0.7 mile), the shops at Mondawmin Mall (0.9 mile) and Baltimore City Community College (1.5 miles).
For more information, please see:
Neighborhoods – livebaltimore.com
Lot – 46′ x 150′, more or less
Zoned R-6 residential
All public utilities
Three story traditional home – according to public tax records, the house was constructed in 1920 and contains 2,584 square feet of living area and 1,024 square feet of basement space. Recent updates include new front porch, siding, paint and landscaping.
In fee simple; sold free and clear of liens.
Published annual real estate taxes are $1,453, based on a full value assessment of $61,400.
SUMMARY TERMS OF SALE – PLEASE REFER TO THE CONTRACT FOR THE COMPLETE TERMS OF SALE:
A deposit of ten percent (10%) of the Purchase Price, 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. 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, 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.