"Hollins Market" Three Story Townhome 5 Bedrooms/3.5 Baths On Triple Lot with Off-Street Parking

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Listing Details

Sold Price
$120,000
Auction Date
Auction Time
2:00 PM
Address
107 Parkin Street, Baltimore, MD, 21201
County
Baltimore City
Neighborhood
Hollins Market
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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REAL ESTATE AUCTION
Within Walking Distance of
University of MD Campus & Hospital
Camden Yards Stadiums and Inner Harbor
                                  
HOLLINS MARKET

5 Bedroom ◆ 3.5 Bath
THREE STORY TOWNHOME
On Triple Lot with Off-Street Parking

Sale On Premises
107 PARKIN STREET
Off 800 Block W. Lombard Street
Baltimore, MD 21201

WEDNESDAY, MAY 22, 2013
AT 2:00 P.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 & DIRECTIONS:

107 Parkin Street is located on the west side of Downtown Baltimore, south of the 800 block of W. Lombard Street and north of the 800 block of W. Pratt Street.  The surrounding neighborhood, known as Hollins Market, is located about two blocks west of the University of Maryland Downtown Professional School Campus and Hospital and three blocks south of the new University of Maryland BioTech Center. Known for The Hollins Market neighborhood food market, the neighborhood is also home to the B&O Railroad Museum.  Oriole Park at Camden Yards, M&T Bank Stadium (Ravens), the Inner Harbor, MTA metro subway and light rail service are within walking distance.

For directions from your location, visit: maps.google.com

 

SITE AREA

Situated at the northeast corner of Parkin and Lemmon Streets, the property is known as 107-111 Parkin Street and is comprised of three contiguous lots, fronting  approximately 43' along the east side of Parkin Street by 48' along the north side of Lemmon Street.  107 Parkin Street is improved by a three story townhome.  109 and 111 Parkin Streets are fenced enclosed courtyards with a carport, gardens and space for additional off-street parking.


All public utilities are in the property.


Zoning R-9, residential


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Three story brick semi-detached townhome - according to public tax records the home contains 1,452 square feet of living area and 490 square feet of basement space.  The home was renovated in 1980.


Exterior
Stockade fenced yard with ornamental fish pond
Carport
Brick facade
Built-up roof
Vinyl double-hung replacement windows


First Floor


Second Floor

  • Master Bedroom - parquet floor
    Photos of auction property
     
  • Master Bathroom - ceramic tile shower, vinyl floor
    Photos of auction property
     
  • Bedroom #2 - parquet floor, currently used as an office
    Photos of auction property
     
  • Bedroom #3 - carpeting
    Photos of auction property
     
  • Full Hall Bath - ceramic tile floor and wainscot


Third Floor

  • Bedroom #4 - carpeting
    Photos of auction property
     
  • Bedroom #5 - carpeting, ceiling fan
    Photos of auction property
     
  • Hall Bathroom - ceramic shower stall, vinyl floor
    Photos of auction property


Basement

  • Unfinished - concrete floor, brick walls
  • Laundry area with utility sink
  • Two interior stairways, one with outside exit


Mechanical
Trane gas forced air heat and central air conditioning (new 2007)
Security alarm
150-ampere electrical service
50-gallon gas water heater

 

REAL ESTATE TAXES

Published annual real estate taxes for 2012-2013:

 

107 Parkin Street (assessed for $141,500)     

$3,368

109 Parkin Street (assessed for $1,000) 

24

111 Parkin Street (assessed for $5,300)

     126

Total  

$3,518

 


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://www.dat.state.md.us/sdatweb/appeal.html

 

TITLE

The property is sold free and clear of all liens, subject to an annual $24 ground rent.  Baltimore City Deed Liber 1364, folio 473.

 

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 sale to date of settlement.  All adjustments, including taxes, ground rent, all other public charges and assessments payable on an annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of sale 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 sale 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.

 

FINANCING

 See our Financing Page for a list of auction-oriented lenders.