"Upper Fells Point National Historic District"

Two Story Townhome
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Listing Details

Sold Price
$60,000
Auction Date
Auction Time
11:00 AM
Auction Note
Sale price to be disclosed at settlement.
Address
416 S. Duncan Street, Baltimore, MD, 21231
County
Baltimore City
Neighborhood
Upper Fells Point National Historic District
Inspection
Please email info@ajbillig.com or call 410.296.8440 to arrange an inspection.
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.
UPPER FELLS POINT
NATIONAL HISTORIC DISTRICT

Two Story
TOWNHOME

Sale On Premises
416 S. DUNCAN STREET
Off 2100 Block Eastern Avenue
Baltimore City, MD 21231

    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:
416 S. Duncan Street is located at the corner of the Upper Fells Point, Fells Point and Canton neighborhoods in southeast Baltimore City. The extraordinarily convenient location offers amazing access to three of the most popular neighborhoods anywhere in Baltimore. The Fells Point waterfront, Canton Waterfront, Broadway Market and Patterson Park are all within a short walk. Major employers, including Johns Hopkins Hospital, Constellation Energy and Morgan Stanley, are also within walking distance.

For more information, please see:
http://livebaltimore.com/neighborhoods/list/upperfellspoint/
http://livebaltimore.com/neighborhoods/fells-point/
&
http://livebaltimore.com/neighborhoods/canton/

SITE:
Rectangular lot 11' x 38', more or less

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 1920, contains 528 square feet of living area and features vinyl-clad replacement windows, gas forced air heat and rear enclosed patio. The home is arranged as follows: living room and kitchen with walk-out to rear patio, on the first floor; two rooms and bath, on the second floor. Needs renovation.

TITLE:
According to the deed, the property is subject to a $30 irredeemable ground rent originally reserved for a larger lot, and with this property no longer being responsible. No ground rent is registered. Sold free and clear of liens.

TAXES:
Published annual real estate taxes are $2,466.98 based on a full value assessment of $104,533.  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

INSPECTION:
Please email info@ajbillig.com or call 410.296.8440 to arrange an inspection.

TERMS OF SALE:
A 10% deposit, payable by certified check or cashier's check, will be required of the Purchaser at time and place of sale. 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.  The Purchaser waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the Purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. 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.  Time is of the essence.

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