"Washington Village - Pigtown - National Historic District" Two Story Brick Rental Townhome

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Listing Details

Sold Price
$34,000
Auction Date
Auction Time
1:10 PM
Address
1214 Glyndon Avenue, Baltimore, MD, 21223
County
Baltimore City
Neighborhood
Washington Village, Pigtown, National Historic
Scroll down for Complete Details, including: property description and Terms of Sale.

REAL ESTATE AUCTION
                                                            
WASHINGTON VILLAGE - PIGTOWN
     NATIONAL HISTORIC DISTRICT     

Two Story Brick
RENTAL TOWNHOME
Rented for $900 Per Month

Sale On Premises
1214 GLYNDON AVENUE
Off 900 Block S. Carey Street
Baltimore City, MD 21223

TUESDAY, JULY 9, 2013
AT 1:10 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:

The property is located in the Washington Village - Pigtown neighborhood, and is within the Pigtown National Historic District. The area is well known for its proximity to M&T Bank Stadium and Oriole Park at Camden Yards, which are about a mile to the east. The B&O Railroad Museum is about three blocks to the northeast, and Carroll Park, which features numerous recreational facilities, is two blocks to the southwest. The neighborhood is very close to major employers, including State of Maryland and private employers located at Montgomery Park and Carroll - Camden Industrial Area. Downtown Baltimore is a short distance to the northeast, and I-395, I-95 and I-295 are all within a mile. The neighborhood has undergone a large amount of renovation over the last 10 years. Nearby properties are comprised mostly of two story townhomes, and are occupied by a mix of owner-occupants and renters.


For more information about the Washington Village - Pigtown Neighborhood, please see:
http://www.livebaltimore.com/neighborhoods/list/washingtonvillagepigtown/

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

 

SITE AREA

Rectangular lot - 12'6" x 60', more or less
Zoning R-8, residential
All public utilities


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two story brick inside-group townhome features vinyl replacement windows and MDE Full Risk Reduction Certificate. The home contains living room, dining room and kitchen, on the first floor; three bedrooms and bath, on the second floor; basement. The property is currently rented for $900 per month on a one year lease though January 20, 2014.


MDE CERTIFICATE (pdf)


LEASE (pdf)

 

REAL ESTATE TAXES

Published real estate taxes for 2012-2013 are $2,194, based on a full value assessment of $92,200.  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

Annual $42 ground rent due in semi-annual installments on 1/1 and 7/1;  and sold free and clear of liens.  Baltimore City Deed Liber FMC 14427, folio 386.

 

INSPECTION TIME

The home may be inspected 30 minutes prior to the auction.

 

TERMS OF SALE

A $2,500 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. All adjustments, including taxes, rent, 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 settlement. The property will be sold in "AS IS" condition, without express or implied warranty as to the nature and description of the improvements as contained herein;  and subject to easements, agreements, building violation notices, 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.