"Patterson Park - Highlandtown National Historic District"

Two Story Townhome
- One Block from Patterson Park"
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Listing Details

Sold Price
$125,000
Auction Date
Auction Time
1:30 PM
Address
246 S. Robinson Street, Baltimore, MD, 21224
County
Baltimore City
Neighborhood
Patterson Park - Highlandtown National Historic District
Inspection
The home may be inspected 30 minutes prior to the auction, and by appointment, per the instructions below.
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 and Terms of Sale.

Arthur L. Drager, Attorney
Law Offices of Arthur L. Drager, LLC
One North Charles St. - Suite 1200
Baltimore, Maryland 21201

ESTATE AUCTION

PATTERSON PARK - HIGHLANDTOWN
National Historic District

TWO STORY TOWNHOME
- One Block from Patterson Park -

Sale On Premises
246 S. ROBINSON STREET
Baltimore City, MD 21224

TUESDAY, JUNE 21, 2016
AT 1:30 P.M.

 - Suggested Opening Bid: $50,000 -

    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:
246 S. Robinson Street is located in the Patterson Park neighborhood, part of the Patterson Park - Highlandtown National Historic District, in southeast Baltimore City. Southeast Baltimore includes the neighborhoods of Canton, Fells Point, Butcher's Hill, Brewer's Hill, Highlandtown and Patterson Park, and is among the most rapidly redeveloping areas in the City. Large scale commercial projects, construction of new mixed use facilities, new townhomes and many renovations of existing homes typify the activity in the area. Patterson Park, which features extensive recreational opportunities, green spaces and exceptional community events, is only one block to the west. Johns Hopkins Bayview campus is one mile to the east, and the Johns Hopkins East Baltimore campus is approximately 1.3 miles to the northwest. The home is within easy walking distance of shopping, restaurants and public transportation.

For more information about Patterson Park and other City neighborhoods, please visit:
http://livebaltimore.com/neighborhoods/

SITE:
Rectangular lot 12'6" x 62'6"

Concrete patio - potential for off-street parking (10' rear alley)

Zoning R-8, residential

Public water, sewer, gas, electricity, telephone, cable TV

IMPROVEMENTS:
Two story inside-group townhome - according to public tax records, the home was constructed in 1906, contains 1,032 square feet of living area and 516 square feet of basement space. The home features vinyl-clad replacement windows, and contains 6 rooms (3 bedrooms), 2 baths and basement. Needs renovation.

TITLE:
In fee simple;  and sold free and clear of liens.

TAXES:
Published annual real estate taxes are $3,134.86 based on a full value assessment of $132,833.  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 informationhttp://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx

TERMS OF SALE:
A $5,000 deposit, payable by certified check or 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!

The Estate of Bok Hee Kim, by:
Arthur L. Drager, Esquire, Personal Representative