Gilbert Rosenthal, Attorney
Arnold, MD 21012
- $500,000 Suggested Opening Bid -
Stately, Center Hall
BRICK COLONIAL HOME
6+ Bedrooms ◆ 3 Full Baths ◆ 2 Half-Baths
6,900+ Sq. Ft. ◆ Two-Car Garage
- Renovation Needed -
Sale On Premises
4001 N. CHARLES STREET
Corner Wendover Road, Baltimore, MD 21218
WEDNESDAY, APRIL 20, 2016
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.
4001 N. Charles Street is situated in the Guilford neighborhood of north Baltimore, a planned community designed by the Olmstead Company and developed by the Roland Park Company in the early 1900s. The neighborhood features a variety of grand, architecturally significant homes and is convenient to Johns Hopkins University, Loyola University, numerous public and private schools and places of worship. Guilford is on the National Register of Historic Places and is subject to the covenants of the Guilford Association. The neighborhood has tree-line streets, community parks and an elegance of a bygone era. Guilford is about ten minutes north of Downtown Baltimore with convenient access to I-83, the Jones Falls Expressway.
Link for Guilford Association:
The property is located at the northeast corner of N. Charles Street and Wendover Road. The home is elevated above street grade. The lot is modestly landscaped with mature trees and shrubs, brick and flagstone walks. All public utilities are in the site.
Lot fronts 116' along N. Charles Street by 146' along Wendover Road and comprises 0.415 acre of land.
Zoning - R1, single family residential
An asphalt driveway leads from Wendover Road to a two-car brick detached garage.
Two and One-Half Story Brick Colonial Home - according to public tax records, the home contains 6,912 square feet of gross living area and 2,832 square feet of basement space. The National Register of Historic Places lists the home as commissioned in 1926.
All brick construction
Slate roof with copper rain spouts
2 - brick chimneys
6 - roof dormers - 3 front and 3 rear
Wood double-hung windows, storm sashes, black wood shutters
Covered front and rear entry porches
Sun Room extension with large balcony above
Full basement foundation
Wood floors throughout
Quality finishes, including ornamental millwork, moulding and trim
Front and rear stairways
Gas, hot water heat with radiators
Gas, 75-gallon water heater
Assorted electrical service
The home needs painting, updating and cometic repairs.
The Guilford Homeowners Association
The Guilford homeowners association dues were $434.42 for 2016.
Guilford Association documents
Letter from the Guilford Association regarding covenant compliance.
The property is in fee simple and will be sold free and clear of liens. Baltimore City Deed Liber 127, Folio 443.
2016 published real estate taxes are $18,589.72, based on a full value tax assessment of $787,700. 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 $50,000 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 sale 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 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, including those of the Guilford Association. 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, and agrees to waive any right of rescission under the Maryland Homeowners Act. Purchaser acknowledges receipt of the Constitution and Bylaws of the Guilford Association. 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 except where otherwise mandated by local, State or Federal law. Time is of the essence.
No buyer's premium.
Auction by order of:
Gilbert Rosenthal, Personal Representative of the Estate of Sidney Grollman