Ashland Auction Group

1608 Olive St. Baltimore, MD 21230

3

1

Zoning

R-8

Reserve Has Been Met! Property Will Sell!
Online
This Auction has Ended

Current Bid:

$112,000.00

Reserve has been met

Highest Bidder:

b****9

Initial Deposit:

$10,000

Bidding complete
Reserve Has Been Met! Property Will Sell!
Auction Begins 10/28 10:00 AM Auction Ends 10/29 12:10 PM

Federal Hill | South Baltimore
2 Story Townhouse located in the South Baltimore area.
In close proximity to both M&T Bank Stadium and Riverside Park.
Easy access to major traffic arteries I-95 and I-395.
Property is leased month to month.

Property is believed to contain:
• 2 Bedrooms
• 1 Bathroom
• Unfinished Basement

Occupancy: Property is Rented.
Year Built: 1900
Lot Size: 11-6X37
Real Estate Taxes (2020-2021): $3,082.16
Title: Fee Simple. Sold free and clear of all liens.
Inspection Time: Call Office for Details.
Deposit: The initial deposit amount is listed above. All deposits must be cash or certified funds.

There are no bids for the lot at this time

No donations for this lot

Pre-Auction Offers can be submitted via:
 an online form: https://www.ashlandauction.com/pre-auction
• Phone: 410-488-3124
 Email: Sales@AshlandAuction.com

Pre-Auction Offers can only be submitted before the start of the online auction.


• 10% Buyer's Premium will be added to the high bid.
 Settlement: 30 days from date of contract ratification.
 Winning Bidder is required to tender deposit within 24 hours.
 Winning Bidder is required to sign and return a contract of sale within 24 hours.
 If either the deposit or contract is not received the bid will be voided and Ashland Auction Group reserves the right to terminate the bidder’s account.
• Bidders are bound by AshlandAuction.com’s Terms of Use.
• Ashland Auction Group will not be responsible for any errors in bidding, website failure, or internet disruption.
• Each bid made on a property in the last two minutes of an auction will add more time to the auction. This will continue indefinitely until the time expires without new bids being placed. A soft close ensures fairness and allows the highest bidder to win.


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, restrictions, or covenants of record affecting same. The purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law. Property is sold subject to any Local, State or Federal Government Housing Code Violation Notices or Vacant House Notices issued by Local, State or Federal Government. In addition, the purchaser shall independently verify if a use and occupancy permit exists on the subject property by Local, State or Federal Government. It is the purchaser’s responsibility to obtain any use and occupancy permit, if needed. The purchaser waives and releases the Trustee, 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 Trustee/ 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 Trustee/ Seller or Auctioneers. All expenses, including real estate taxes, sanitary and/or metropolitan district charges, special assessment and private utility charges are to be adjusted to date of contract settlement date and assumed thereafter by the purchaser.

Recordation costs, transfer taxes and all other costs incident to settlement, to be paid by the purchaser. However, if the Property is improved residential real property, and if Buyer is a first time Maryland home buyer as defined in MD Tax Property Code §13-203(b), as from time to time amended, who will occupy the Property as Buyer's personal residence, then Seller shall pay the state transfer tax of 0.25% to the extent required by law. Seller agrees to give rights of possession at time of contract settlement.

If payment of the additional deposit, if any, or the balance of the purchase price is not made within the specified periods, the deposit will be forfeited and the property may be resold at the risk and expense of the defaulting purchaser. Time shall be of the essence.

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. Property dimensions, square footage, number of bedrooms, number of bathrooms, number of levels in property, and acreage are more or less and should be independently verified by the bidder. Photos placed on website are for information purposes only and shall be independently verified by buyer.

If the property is rented the bidder shall independently verify all lease documents. Ashland Auction Group, LLC does not guarantee if the tenants are current on rental payments. All properties are being sold subject to any ground rent of record. In the event there is an error in the advertised ground rent or the contract states “Fee Simple”, the Buyer shall take title with the existing ground rent of record and there shall not be a monetary penalty to the seller. Prospective purchasers are encouraged to perform their own due diligence and inspections in advance of the auction.

Ashland Auction Group, LLC is acting as agent for the Seller in this transaction and or Auction.  Ashland Auction Group, LLC is not acting as agent for any bidder or any successful bidder regarding pre-auction offers, offers online, onsite auction or post-auction offers.

Any person or real estate agent submitting bids on behalf of a buyer, corporation, or other entity agrees to be personally liable for the payment of the purchase price and any related charges and the performance of all Buyer obligations under the Terms of Sale.

Registered Brokers or Agents who represent bidders for pre-auction, onsite auctions, online auctions, or post-auction listings are acting as an agent for the buyer and not a sub-agent for Ashland Auction Group, LLC.

2.5% Broker Co-Op. Agents must register 48 hours in advance of the start of the auction. Additional terms and conditions are listed at https://www.ashlandauction.com/broker

This is a Reserve Auction sale, being sold subject to seller confirmation. The auctioneer, seller, and seller's agents have the right to place consecutive bids up to the reserve amount. The high bid amount will be placed into reserve pending seller confirmation.

1608 Olive St.
Baltimore, Maryland 21230
United States