"Eastwood Heights"

Featuring Live & Online Simulcast Bidding
– $65,000 Opening Bid –

REMAINDERPERSON’S SALE
– One Family Since 1962 –

TWO STORY TOWNHOME
– End-Of-Group – Corner Lot –

Known As
7900 LANSDALE ROAD
Baltimore County, MD 21224

Online Bidding Opens
FRIDAY, NOVEMBER 26, 2021

Live Onsite Auction
TUESDAY, NOVEMBER 30, 2021
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:
7900 Lansdale Road is located in the Eastwood Heights neighborhood in eastern Baltimore County, immediately east of the Baltimore City line. Surrounding neighborhoods include Colgate, Eastwood, East View, and, more generally, Dundalk. The location features exceedingly convenient access to commuter routes and major employers. The Baltimore Beltway (I-695) is within 3/4 mile, I-95 and I-895 are within 2 miles. Johns Hopkins Bayview campus is a short distance to the west, Point Breeze, Port Dundalk and Sparrows Point port and industrial areas are a short distance south. Nearby Eastern Avenue/Boulevard and North Point Boulevard provide convenient access to retail, dining and neighborhood services. According to the Baltimore County Public Schools website, nearby schools are Colgate Elementary, Holabird Middle and Dundalk High.

For more information about the area, please visit:
Baltimore County Government – www.baltimorecountymd.gov
Baltimore County Public Schools – www.bcps.org

SITE:
Lot size – 3,333 square feet, more or less, according to public tax records. Plat

Known as lot 60, block 4, on Plat 2 Eastwood Heights, recorded at Baltimore County Plat Book GLB 20, page 84.

Approximately 37′ front and rear, with depths of approximately 101′

Fenced front, side and rear yards. Large shed. Off-street parking potential.

All public utilities

Zoned DR 10.5 Residential

IMPROVEMENTS:
Two story end-of-group brick and siding townhome – constructed in 1956, containing 896 square feet of living area and 448 square feet of mostly finished basement space. The home features front and rear covered porches, replacement windows, recoated roof, updated forced air furnace and CAC.

Exterior:
Brick and vinyl siding facade
Vinyl-clad and wood replacement windows
Flat built-up roof
Aluminum down spouts and rain gutters

Interior:
First floor –

• Living room – wood tile
• Kitchen – laminate floor, walk-out to rear deck and yard

Second floor –

• Bedroom – carpet
• Bedroom – carpet
• Bedroom – carpet
• Full bath – laminate floor, shower/tub combo

Basement/Mechanical –

• Paneled club room
• Powder room
• Laundry area
• Utility area
• Gas fired Trane XR80 forced air furnace
• CAC
• Gas fired 30 gallon water heater

TITLE:
In fee simple; sold free and clear of liens. Deed reference book SM 23567, page 658 et al.

TAXES:
Published annual real estate taxes are approximately $1,618.79, based on a full value assessment of $98,633.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – a $7,500 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office.

Online Auction Bidders – a 10% deposit, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:30 p.m. on the day of auction, at the Auctioneer’s office.

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. Property being sold pursuant to partnership disillusion, with individual partners retaining the right to bid on their own behalf. A 5% buyer’s premium will be added to the final bid price.