"Little Italy"

Spacious Two Story End-Of-Group Townhome
Roof Deck with Panoramic Views
3 Bedrooms, 4.5 Baths, Garage
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Listing Details

Auction Date
Auction Time
11:30 AM
Address
1002 Fawn Street, Baltimore, MD, 21202
County
Baltimore City
Neighborhood
Little Italy
Please click the above link to open the Waiver, Indemnity and Premises Use Certification form, fill it out, sign it, and return it to the office of the Auctioneer by fax to 410-296-4420 or email info@ajbillig.com. Once the completed form has been received, you will receive inspection instructions via email. Inspection requests are normally answered Monday-Friday 9 am-4 pm.
Additional Documents
Financing
See our Financing Page for a list of auction-oriented lenders.
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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 REAL ESTATE AUCTION 

- $200,000 Suggested Opening Bid -

LITTLE ITALY

TWO STORY TOWNHOME
Former Confectionary Store
3 Bedrooms ◆ 4.5 Baths ◆ Garage
Roof Deck with Panoramic Views
Zoning B-3-2, Commercial

Sale On Premises
1002 FAWN STREET
Corner S. Exeter Street
Baltimore, MD 21202

THURSDAY, DECEMBER 15, 2016
AT 11:30 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:
1002 Fawn Street, also known as 241 S. Exeter Street is situated at the northeast corner of Fawn and S. Exeter Streets, in the Little Italy neighborhood of eastern Downtown Baltimore. Little Italy adjoins the east side of Baltimore’s Inner Harbor and the north side of “Harbor East.”

LiveBaltimore.com states, “Little Italy is located in the heart of the downtown renaissance in Baltimore. Nestled between the Inner Harbor and Historic Fells Point, you will find a warm and inviting neighborhood where most residents in the community are of Italian descent. The personalities found are always warm, welcoming and colorful. The area boasts more than 20 of Maryland's best Italian restaurants and trattorias. Walking distance from the fine neighborhood is Fells Point, Camden Yards, and, of course, the Inner Harbor. In addition, the water taxi provides shuttle service from Fells Point to/from Little Italy. Little Italy was founded in 1849 to serve the growing Italian population. It has flourished and the restaurants have grown from one to over 20. The neighborhood strives to maintain the Italian heritage and traditions while embracing the revitalization of Baltimore. Little Italy is a true jewel in Baltimore City.”

Metro Light Rail and bus service are within walking distance, as are upscale and neighborhood shopping, restaurants, a movie theater, dozens of restaurants and bars. The neighborhood is convenient to the Jones Falls Expressway (I-83), providing access to the Baltimore Beltway (I-695) and the metropolitan area. I-95 is less than one mile west of the neighborhood.

For additional information:
http://www.littleitalymd.org

SITE:
Rectangular lot fronting 94'10" along the north side of Fawn Street by 16'8" along the east side of S. Exeter Street. A 10' alley bounds the rear of the site.

Zoning B-3-2, Commercial - permitting residential, retail, office and a variety of other uses. For additional zoning information: see the Baltimore City Zoning Code.

All public utilities are in the site.

The building and garage encompass most of the site, with an interior courtyard between the main structure and garage.

The roof deck has a nearly 360̊ view of Downtown Baltimore, including the business district skyline, Inner Harbor, Harbor East, Camden Yards and Johns Hopkins Hospital.

 

 

IMPROVEMENTS:
Two Story Brick End-of-Group Building, constructed in 1934, containing 2,112 square feet of gross building area and 1,056 square feet of basement space, according to published tax records. The building was formerly used as a confectionary store and residence. A commercial entry is located at the corner of Fawn and S. Exeter Streets.

Exterior
Brick construction
One-car brick detached garage
Rubber roof (new 2006)
Vinyl-clad double-hung replacement windows
Trex-type first floor, second floor and roof decks
Spiral stairway to roof deck

Interior
Plaster and drywall
Stained glass transoms
Hardwood floors in hallways
Some original woodwork and trim

First Floor

  • The former store was approximately 15' x 30' and has been divided into a living room and library. The library walls are not load bearing and could be removed to create a larger space. As currently configured, the home contains:
  • Living Room (15' x 15') - carpeting over terrazzo floor, large windows on two walls

     

     

  • Library (11' x 13') - carpeting over terrazzo floor, built-in bookcases

     

     

  • Half-Bath - vinyl floor, vintage sink
    fawn1002 bath half 1stfl
  • Dining Room - ceiling fan, wood floor
    fawn1002 dining
  • Kitchen (9' x 15') - ceramic title floor, wood cabinets, quartz counters, ceramic backsplash, gas range/oven, dishwasher, microwave oven, refrigerator, exit to courtyard and garage

     

     

Second Floor

  • Master Bedroom (11'10" x 13'4", plus alcove) - wood floor, en-suite Master Bath (9'6" x 10'10") with ceramic tile floor and wainscot, whirlpool tub, shower stall

     

     

  • Bedroom #2 (11'9" x 15') - wood floor, en-suite Shower Bath with ceramic tile floor
    fawn1002 bed2
  • Bedroom #3 (12'7" x 11'6") - wood floor
    fawn1002 bed3
  • Hall Bath/Laundry - ceramic tile floor and wainscot, washer and dryer
    fawn1002 bath hall 2ndfl

Full Basement

  • Former club room with concrete floor
  • Shower Bath
  • Utility and storage areas
  • Outside exit

Mechanical
Gas forced warm air heat
Central air conditioning
Security alarm
200 ampere electrical service
Electric water heater

TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore City Deed Liber 8576, folio 250.

TAXES:
Published annual real estate taxes are $5,129.06, based on a full value assessment of $226,000. 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:
http://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx

TERMS OF SALE:
A $20,000 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 within 24 hours at the Auctioneer’s office. 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.