REAL ESTATE AUCTION
Two Story Brick
- Opposite Herring Run Park -
Sale On Premises
3803 BELAIR ROAD
Baltimore City, MD 21213
WEDNESDAY, MAY 4, 2016
AT 11:50 A.M.
- Suggested Opening Bid: $10,000 -
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.
3803 Belair Road is located in the Belair-Edison neighborhood in northeast Baltimore City. Belair-Edison is a large neighborhood, situated along Belair Road, Erdman Avenue and Sinclair Lane. The home sits opposite Herring Run Park, and a short distance north of Clifton Park, each of which provide ample recreational facilities. Shopping, dining, neighborhood services and public transportation are all along Belair Road. Erdman Avenue and Moravia Road provide direct access to I-895 and I-95. Surrounding homes are primarily brick townhomes, with some single family homes to the northwest.
For more information about Baltimore City neighborhoods, please visit:
Rectangular lot 14' x 89'1", more or less
Zoning R-8, residential
Public water, sewer, gas, electricity, telephone, cable TV
Two story brick inside-group covered porchfront townhome - according to public tax records, the home was built in 1928, contains 1,258 square feet of living area and 602 square feet of partially finished basement space. The home features vinyl-clad replacement windows, ceramic tile floors, wood floors (under carpet), updated kitchen and contains: living room, dining room, kitchen with walk-out to rear patio and garage, on the first floor; 3 bedrooms and full ceramic tile bath, on the second floor; basement with club room, utility area and flush; gas fired hot water heat; 30 gallon gas water heater.
Subject to a $90 annual ground rent (due in semi-annual installments on 4/12 & 10/12); and sold free and clear of liens.
Published annual real estate taxes are $2,508.68 based on a full value assessment of $106,300. 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:
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. 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 a monthly or 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!