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The Gift That Keeps On Giving: 2036 E Preston Street

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January 24, 2014 by Baltimore Slumlord Watch

Property Address:  2036 E Preston Street, Baltimore, MD 21213

Property Owner:  Lori Armbruster, 3301 Toone Street, Baltimore, MD 21224

City Council District and Contact: District 13, Warren Branch

State Senator: Nathaniel McFadden

State Delegates: Talmadge Branch, Nina R. Harper, Cheryl Glenn

2036 E Preston Street

2036 E Preston Street

Interesting information from a 2010 Board of Estimates Meeting (link opens a PDF):

ACTION REQUESTED OF B/E:
The Board is requested to approve the acquisition of the leasehold property interest, in 2036 E. Preston Street, as a gift from Ms. Lori Armbruster, owner, SUBJECT to outstanding municipal liens, except for current water bills that are not in tax sale.

AMOUNT OF MONEY AND SOURCE:
Ms. Armbruster agrees to pay for any title work and all associated settlement costs, not to exceed $600.00.

BACKGROUND/EXPLANATION:
The DHCD’s Land Resources Division strategically acquires and manages vacant or abandoned properties, ultimately enabling these properties to be returned to productive use and improving Baltimore’s neighborhoods. Ms. Armbruster has offered to donate to the City title to the property located at 2036 E. Preston Street. The City will receive clear and marketable title to the property SUBJECT only to certain City liens. Ms. Armbruster will pay all current water bills up through the date of settlement. Acceptance of this donation is less costly than acquiring the property by tax sale foreclosure or eminent domain.

Cumulative Real Property Taxes 2001-2010
Total Tax $ 1,240.92
Interest/Penalties 831.80
Other 92.33
Tax Sale Interest 6,364.50
Miscellaneous Bills 1,892.54
Metered Water (Tax Sale) 16,411.26
Rental Registration 0.00
Total Municipal Liens $26,833.35

The municipal liens, other than current water bills, will be administratively abated after settlement. UPON MOTION duly made and seconded, the Board approved the acquisition of the leasehold property interest, in 2036 E. Preston Street, as a gift from Ms. Lori Armbruster, owner, SUBJECT to outstanding municipal liens, except for current water bills that are not in tax sale.

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