"Dundalk - Turner Manor"

A $5,000 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 September 13, 2023 at 4:00 P.M. When you register for an online auction, a “ping” will be placed on your credit card and immediately voided, you will not be charged the deposit amount. A 5% buyer’s premium will be added to the final bid price.  For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page or see the Sample Contract.

To The Highest Bidder Over $50,000

DUNDALK
– Turner Manor-

TWO STORY
TOWNHOME

Known As:
224 CHESTNUT STREET
Off Sollers Point Road
Baltimore County, Maryland 21222

BIDDING OPENS:
MONDAY, SEPTEMBER 11, 2023

BIDDING CLOSES:
WEDNESDAY, SEPTEMBER 13, 2023 AT 11:30 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:
224 Chestnut Street is located in the Turner Manor area of Dundalk in Baltimore County, Maryland. The water rich community provides residents with access to Bear Creek, a tributary of the Chesapeake Bay. Many waterfront parks, fields and even a boat ramp are located within a short distance of the home. The Sollers Point Multi-Purpose center is located at the end of the street and gives residents access to a high school sized gymnasium, 300 seat auditorium, computer area and more. Nearby on Dundalk Avenue, residents have multiple restaurants, shops and other entertainment venues. Public transportation is available on Dundalk Avenue, and I-695 is a mile away. Major employers in the area include Amazon Fulfilment, Mid-Atlantic Terminal and Seagirt Marine Terminal. According to the Baltimore County Public Schools locator, the area public schools include Dundalk Elementary School and Dundalk High School.

For more information, please see:
Baltimore County Government – www.baltimorecountymd.gov
Schools – www.bcps.org

SITE:
Rectangular lot – 14′ x 76′, more or less, or 0.025 acre. Plat

15′ wide alley in the rear

Zoned residential

All public utilities

IMPROVEMENTS:
Two story townhome, constructed in 1944, comprising 812 square feet of living area, according to public tax records. The home contains living room, kitchen, rear bonus room with flush, on the first floor; bedroom, bathroom and bonus room, on second floor; two rooms on third level; no basement. Square footage is believed to be greater based on the addition of the third level.

TITLE:
In fee simple; Sold free and clear of all liens.

TAXES:
Published annual real estate taxes are $1,187.26, based on a full value assessment of $52,600.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $5,000 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 September 13, 2023 at 4:00 P.M. 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. 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% buyer’s premium will be added to the final bid price.