Property Address: 40 and 42 S Pulaski Street, Baltimore, MD 21223
Property Owner (40): This property’s SDAT record is incorrect. The property was foreclosed on by Fidelity Tax, LLC via Delaurentis Reiff and Reid, in 2010. As per Circuit Court case number 24C07006190, the plaintiffs were granted “…an absolute and indefeasible leasehold title” on March 5 of that year.
Property Owner (42): Senedou Habtou, 430 Lincoln Avenue, Takoma Park, MD 20912 (Purchased in 2008 from the City via tax sale.)
This property has been owned by Jefferson Holding, LLC since 2001, and has remained unoccupied since. At one point, the owners were maintaining the yard, but have stopped, and it’s become a nuisance to the neighbors. Considering all of the other homes on the block are reasonably well maintained, it appears to be a good candidate for receivership.
A shame, though, that it has to go into receivership and the owner can’t be bothered to maintain the home. Perhaps Baltimore Housing should start sending property owners a bill for court time.
These two homes illustrate a common dilemma with Vacants to Value properties. Because so many homes in Baltimore are connected, either as rowhomes or duplexes (as the properties below), if the city is able to obtain one property (3208), it’s difficult to sell when the adjoining property is a blighted mess, as 3210 is. There are no current permits available for 3210, the last one expired in October of 2015.
Walbrook is a community that has that fun mishmash of architectural styles, with large homes and lots. Small and medium apartment buildings are integrated into blocks with single-family homes. Most of the homes are well-maintained, as are the yards. Walking through and talking to neighbors, you get a sense of pride when people start talking about their community. However, there are some vacant structures, including this apartment building that sits on a hill overlooking some lovely homes — I can’t imagine the neighbors are too happy about this looming eyesore. There are no current permits on file for this property, the last one expired in 2007.
The City filed for receivership of this building in 2015, yet the case was dismissed in February of this year. Hopefully the City will try again and the building will go to an owner who appreciates this community.
Property Address: 4317 Old York Road, Baltimore, MD 21212
Property Owner: DLJ Mortgage Capital, Inc., 3815 S West Temple, Salt Lake City, UT 84115
Registered Agent for DLJ Mortgage Capital, Inc.: CSC Lawyers Incorporating Service Company, 7 St. Paul Street, Suite 820, Baltimore, MD 21202
Note: DLJ Mortgage Capital operates as a subsidiary of Credit Suisse USA, Inc. and has an officially registered address as 11 Madison Avenue, New York, NY 10010. They were sued in 2012 for selling bad mortgages — see link. They were also ordered to pay hefty fines to the SEC for securities violations. See link. (Link opens a PDF)