Email: info@ajbillig.com
6500 Falls Road, Baltimore, MD 21209
Click 'AJ' icon to access map directions.
The property will be open 1 hour prior to the live onsite auction and is also available to view per the following instructions:
For Agents: please schedule online via ShowingTime.
For Individuals: Request Access to Property. Once the completed form has been received, you will receive inspection instructions via email. Inspection requests are normally answered Mon.-Fri. 9 am – 4 pm.
Live Auction Bidders – A $10,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. If necessitated by price, the deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office (company or personal checks for the increased deposit will be accepted at the sale site or wiring instructions will be provided).
Online Auction Bidders – A 10% deposit, payable by wire transfer or cashier’s check, is required by 4:00 p.m. on the day of auction. No exceptions. 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.
No buyer’s premium. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page and see the Sample Contract.
Rob Goldman Legal Solutions
6800-B Holabird Avenue
Dundalk, MD 21222
Remainderman’s Sale
Live Onsite & Simulcast Online Bidding
$100,000 Opening Bid
DUNDALK
Monumental Terrace
BUNGALOW
3-4 Bedrooms & Bath
Known As
3940 NORTH POINT ROAD
Baltimore County, MD 21222
Online Bidding Opens
WEDNESDAY, JUNE 19, 2024
Live Onsite Auction
THURSDAY, JUNE 20, 2024
AT 11:00 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:
3940 North Point Road is located in eastern Dundalk, east of North Point Boulevard (MD-151), west of I-695 and Back River and south of Cove Road. The neighborhood is comprised of tidy detached homes of varying age. The neighborhood is convenient to employment centers and shopping. Nearby public schools are Charlesmont Elementary, Sparrows Point Middle and Sparrows Point High, according to the Baltimore County government web site.
SITE:
Level lot 63′ x 150′, comprising 9,450 square feet or 0.22 acre.
Zoning DR 5.5, residential
All public utilities
5-car driveway
Fenced rear yard
Mature landscaping
Rear concrete patio
IMPROVEMENTS:
One and one-half story bungalow, built in 1942, containing 1,284 square feet of living area and 768 square feet of basement space, plus an enclosed rear sun porch. The home has vinyl siding, a composition shingle roof, wood double-hung windows with storm sash, full concrete block basement foundation and a covered front entry porch.
First Floor
Second Floor
Basement
Mechanical– oil hot water baseboard heat, window air conditioners, 100 amp. electric, sump pump
TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore County Deed Book JLE 35094, Page 44. The property is comprised of two contiguous lots.
TAXES:
The property has two tax bills. Total published annual taxes are $1,780, based on a total assessment of $146,900.
Purchasers may petition for a reduction in the assessment of their property in conjunction with a purchase price substantially less than the currently assessed value of the property. Purchasers are encouraged to contact the Maryland State Department of Assessments & Taxation concerning the appeals process, and may see the following link for helpful information: Assessment Appeal Process – dat.maryland.gov
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – A $10,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. If necessitated by price, the deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office (company or personal checks for the increased deposit will be accepted at the sale site or wiring instructions will be provided).
Online Auction Bidders – A 10% deposit, payable by wire transfer or cashier’s check, is required by 4:00 p.m. on the day of auction. No exceptions.
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, 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, WHERE IS” condition, 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 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.
No buyer’s premium.
