$60,000 Suggested Opening Bid
CAPE COD BUNGALOW
3-4 Bedrooms ◆2 Baths
3105 BATAVIA AVENUE
Off 5100 Harford Road
Baltimore, MD 21214
TUESDAY, MAY 26, 2020
THURSDAY, MAY 28, 2020
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.
3105 Batavia Avenue is situated one block east of the 5100 block of Harford Road in the Waltherson neighborhood of northeast Baltimore.
As described by LiveBaltimore.com, “Waltherson is a beautiful residential community in Northeast Baltimore. With more than 2,500 homes in its boundaries, it is one of the largest neighborhoods in the city. The community is made up primarily of single-family, detached homes and duplexes. Neighbors love that their homes have spacious yards for children or gardening and access to thriving, main-street businesses within easy walking distance.”
Public transportation is along Harford Road. Batavia Avenue is a quiet residential street with ample on-street parking.
Rectangular lot – 75′ x 110′, comprising 0.189 acre
All public utilities
Zoning R-3, residential
One-car metal garage
One and one-half story home, built in 1923, comprising 1,649 square feet of living area and 1,075 square feet of basement space, according to public tax records.
Exterior – aluminum siding, composition shingle roof, wood double-hung windows, concrete block foundation, covered rear porch
Interior – inlaid hardwood floors throughout, plaster walls, original architectural details. Some updating is needed.
Mechanical – gas hot water heat with radiators, 40 gallon gas water heater, electric panel needs updating
The property is in fee simple and sold free and clear of liens. Baltimore City Deed Book 992, Page 60.
Published annual real estate taxes are $3,575, based on a full value assessment of $151,500. 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 see the contract of sale for complete terms.
A $5,000 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, May 28, 2020 at 11:00 A.M. (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, 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.