"Patterson Park - Highlandtown National Historic District"

Two Story Townhome
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Listing Details

Sold Price
$135,000
Auction Date
Auction Time
12:00 PM
Address
404 S. Clinton Street, Baltimore, MD, 21224
County
Baltimore City
Neighborhood
Patterson Park - Highlandtown National Historic District
Inspection
The home may be inspected one hour prior to the auction.
The property will also be available to inspect prior to the auction. 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 within 24 business hours.
Additional Documents
Concept Floor Plan
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

PATTERSON PARK - HIGHLANDTOWN
National Historic District

Two Story Shell
TOWNHOME
- 1,394± Square Feet & Basement -

Sale On Premises
404 S. CLINTON STREET
Baltimore, MD 21224

THURSDAY, DECEMBER 29, 2016
AT 12:00 NOON

- Suggested Opening Bid: $75,000 -

      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:
404 S. Clinton Street is located in the Highlandtown - Patterson Park National Historic District in southeast Baltimore City. Situated immediately north of Canton and east of Patterson Park, the area has been among the most demanded in Baltimore City over the last several years. Significant development is happening throughout the area, including the development of the former Haussner’s site at the southern end of the block. Significant numbers of new businesses, restaurants and home renovations characterize the area, while still maintaining the charm that this part of Baltimore has always been known for. The vibrant area has many attractions within walking distance, including the Creative Alliance within two blocks, the center of Highlandtown’s commercial district within two blocks, Patterson Park within four blocks and the Canton Square within one-half mile.

For more information about Baltimore City neighborhoods, please visit:
http://livebaltimore.com/neighborhoods/

SITE:
Rectangular lot 14' x 85', more or less

10' vehicle accessible alley in the rear

Concrete patio with parking potential

Zoning R-8, residential

All public utilities

IMPROVEMENTS:
Two story brick formstone front townhome - the home was constructed in 1920, contains 1,394 square feet of living area and 672 square feet of basement space, according to public tax records. The home has been partially gutted, and is arranged as follows: open floor plan living room, dining room and kitchen with walk-out, on the first floor; three rooms and full bath on the second floor; unfinished basement (5-6'). Needs full renovation.

Concept Floor Plan

TITLE:

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

TAXES:
Published annual real estate taxes are $3,322.88 based on a full value assessment of $140,800. 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 $7,500 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, ground rent, 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!