"Washington Village - Pigtown"

 REAL ESTATE AUCTION 

$50,000 Suggested Opening Bid

TWO STORY TOWNHOME
3 Bedrooms ◆ 2.5 Baths ◆ Courtyard

Sale On Premises
1326 WASHINGTON BOULEVARD
Near Carroll Park, Baltimore, MD 21230

FRIDAY, NOVEMBER 8, 2019
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.

LOCATION:
1326 Washington Boulevard is located in the Washington Village/Pigtown neighborhood of southwest Baltimore, within walking distance of M&T Bank Stadium, Camden Yards, University of Maryland Campus, Downtown Baltimore and Carroll Park. The home is opposite Charles Carroll Barrister Elementary School, which provides additional on-street parking.

SITE:
Lot size 15′ x 70′
Zoning R-8, residential
Fenced rear courtyard

IMPROVEMENTS:
Two Story Inside-Group Brick Townhome, built in 1900, containing 1,160 square feet of living area and 580 square feet of basement space, according to public tax records.

Exterior – formstone front, built-up roof, vinyl-clad replacement windows, security storm door, white granite steps

First Floor

• Entry Vestibule
• Living Room – wood floor, marble fireplace mantle
• Dining Room – wood floor
• Eat-in Kitchen – ceramic tile floor, granite counters, backsplash, wood cabinets, stainless steel appliances – gas range/oven, refrigerator, dishwasher, sink with disposer, exit to fenced rear courtyard
• Half-Bath – ceramic tile

Second Floor

• Master Bedroom – carpeting, full en-suite Master Bath – ceramic tile
• Bedroom #2 – carpeting
• Bedroom #3 – carpeting
• Full Hall Bathroom – ceramic tile

Basement

• Full unfinished basement with epoxy floor

Mechanical – gas forced air heat, central air conditioning, 100 amp. electrical service

TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore City Deed Book 19429, Page 322.

TAXES:
Published annual real estate taxes are $1,069, based on a full value assessment of $45,300. 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:
https://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $5,000 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 by 11:00 A.M., Monday, November 11, at the Auctioneer’s office. 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.