David H. Cohen, Attorney ◆ Cohen & Forman, LLC
334 St. Paul Place, Baltimore, MD 21202
4 - BALTIMORE CITY
- Currently Rented to Long-Term Tenants -
Sales On Respective Premises
THURSDAY, JANUARY 7, 2016
At 10:30 A.M.
415 E. 28TH STREET
$15,000 suggested opening bid - two story covered porchfront brick inside-group townhome, 6 rooms (3 bedrooms), bath, basement, oil heat, lot size 15' x 80'7", subject to an annual $75 ground rent, rented for $725/month. Published real estate taxes are $2,650 based on a full value assessment of $112,300. Block Plat
At 11:15 A.M.
1626 HOMESTEAD STREET
$5,000 suggested opening bid - two story covered porchfront brick end-of-group townhome, 6 rooms (3 bedrooms), 1.5 baths, basement, gas heat, lot size 15' x 90', in fee simple, rented for $700/month. Published real estate taxes are $637 based on a full value assessment of $27,000. Block Plat
At 12:00 Noon
667 DUMBARTON AVENUE
"Pen Lucy” 21218
$10,000 suggested opening bid - two story covered porchfront brick end-of-group townhome, 6 rooms (3 bedrooms), 1.5 baths, basement, updated gas heat, lot size 14' x 90', in fee simple, rented for $830/month. Published real estate taxes are $2,528 based on a full value assessment of $107,100. Block Plat
At 12:30 P.M.
3947 WILSBY AVENUE
"Pen Lucy" 21218
$10,000 suggested opening bid - two story covered porchfront brick inside-group townhome, 6 rooms (3 bedrooms), bath, basement, gas heat, lot size 19' x 90', in fee simple, rented for $700/month. Published real estate taxes are $2,300 based on a full value assessment of $97,467. Block Plat
NOTE: All properties are rented on a month-to-month basis to long term tenants and have MDE registration. 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.
TAX INFORMATION: If any real property is transferred after January 1 and before the beginning of the next taxable year to a new owner, the new owner may submit a written appeal as to a value or classification on or before 60 days after the date of the transfer.
TERMS OF SALE: A $2,500 deposit on each property, 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. All adjustments, including taxes, ground rent, rents, 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 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.
Auction by order of:
The Trust Created under item Fourth of the
Last Will and Testament of Joseph M. DiDomenico