#3 • 109 S. Carey Street
Part of Scattered Townhomes (timed auction by A.J. Billig & Co. Auctioneers)
Starting at $5,000.00
Status: No sale
ONLINE REAL ESTATE AUCTION $5,000 Opening Bid HOLLINS MARKET THREE STORY SHELL TOWNHOME Known As: 109 S. CAREY STREET Near W. Lombard Street Baltimore City, Maryland 21223 BIDDING OPENS: TUESDAY, JULY 9, 2024 BIDDING CLOSES: THURSDAY, JULY 11, 2024 AT 11:10 A.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: 109 S. Carey Street is located in the Hollins Market neighborhood of southwest Baltimore City. Surrounding neighborhoods include Barre Circle, Washington Village – Pigtown, Poppleton and Union Square. Neighborhood attractions include Hollins Market itself, which is about a half-mile northeast of the property, and the B & O Railroad Museum, a half-mile southeast. Nearby major employers include the University of Maryland, whose Baltimore Campus and Biotech Park are both within a half-mile. The location also affords excellent proximity to I-395, I-95 and MD-295, providing excellent access throughout the area. For more information, please see: Hollins Market – livebaltimore.com Southwest Partnership – swpbal.org CityView Map – cityview.baltimorecity.gov SITE: Rectangular lot – 11’6″ x 80′, more or less. Plat Zoning R-8, residential All public utilities IMPROVEMENTS: Three story end-of-group townhome, constructed in 1920, according to public tax records. The home is believed to contain three bedrooms and one bathroom. Full renovation required. TITLE: $120 annual ground rent; Sold free and clear of all liens. Baltimore City Deed Book XAC 26757, folio 243. TAXES: Published annual real estate taxes are $165.20, based on a full value assessment of $7,000. SUMMARY TERMS OF SALE: Please see the contract of sale for complete terms. A $3,000 deposit, or ten percent (10%) of the Purchase Price (whichever is greater), in a cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer, by 4 P.M. on the day of auction. Deposit funds shall be held by A. J. Billig & Co., LLC. 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 contract to date of settlement. All adjustments, including taxes, ground rent and 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 contract 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. The Property will be sold subject to Baltimore City violation notices, if any. Purchaser assumes the risk of loss from the date of contract forward. 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. 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. A 5% or $2,500 buyer’s premium, whichever is greater, will be added to the final bid price. Auction Registration Agent/Broker Registration