"Dundalk - Inverness"

Rob Goldman Legal Solutions
6800-B Holabird Avenue, Dundalk, MD 21222

Featuring Live & Simulcast Online Bidding
$100,000 Opening Bid

BUNGALOW
With Large Unfinished Attic

Sale On Premises
108 BAYSIDE DRIVE
Off Wise Avenue
Baltimore County, MD 21222

Online Bidding Opens
MONDAY, NOVEMBER 16, 2020

Live Onsite Auction Begins
THURSDAY, NOVEMBER 19, 2020
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.

The auction will be open for online bidding beginning on Monday, November 16. Once the simulcast begins, both online and in-person bidders will be able to place bids on the property. The simulcast will end approximately 15 minutes after the live auction begins, at which time online bidding will close. If you encounter a problem placing online bids, please refresh the page.

LOCATION:
108 Bayside Drive is located in the Dundalk area of southeastern Baltimore County. The home is situated in the Inverness neighborhood of Dundalk, east of Merritt Boulevard, south of Wise Avenue and west of the Bear Creek bridge. The neighborhood is bounded by Chink Creek and Bear Creek, which lead to the Patapsco River and Chesapeake Bay. Homes in the immediate neighborhood are predominantly tidy, one and two story bungalows, built in the 1940s and 1950s.

According to the Baltimore County government website, nearby public schools are Sandy Plains Elementary, General John Stricker Middle and Patapsco High. The neighborhood is convenient to shopping, community amenities, and the Baltimore Beltway (I-695). Inverness Park is within walking distance. Major area employers include Amazon and UPS. The neighborhood is about 10 minutes west of the Tradepoint Atlantic Sparrows Point redevelopment, via nearby North Point Boulevard.

Inverness has a community waterfront park and recreation center.

SITE:
Level, rectangular lot – 50′ x 100′. Plat
Zoning DR 5.5, residential
Public water and sewer, gas, electricity
Fenced yard
Asphalt driveway and carport – off-street parking for two cars
Wooden storage shed

IMPROVEMENTS:
One and one-half story home, built in 1937, containing 1,013 square feet above grade and 675 square feet of basement space, according to public tax records.

Exterior
Vinyl siding, brick trim, composition shingle roof, aluminum rainspouts, concrete block basement foundation, vinyl-clad double-hung windows

First Level

• Enclosed front porch
• Living Room – carpeting
• Eat-in Kitchen – vinyl floor, wood cabinets, laminate counters, gas range, wall oven (needs replacement), refrigerator
• Bedroom #1 – carpeting
• Bedroom #2 – carpeting
• Full Bathroom – ceramic tile

Second Level

• Large unfinished space suitable for an additional bedroom and bath or two bedrooms – wood flooring

Basement

• Unfinished, outside exit
• Laundry Area with washer, dryer and utility sink

Mechanical
Carrier gas forced air heat and central air conditioning
Gas, 40-gallon water heater
100-amp. electrical service
Sump pump

The home has been owned and well cared for by the same family since the 1940s. It needs updating and could be easily expanded.

TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore County Deed Book RDA Jr. 30117, Page 0357.

TAXES:
Published annual real estate taxes are $2,077, based on a full value assessment of $131,500. 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.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $10,000 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. If the high bidder is an online purchaser, 10% of purchase price is due by wire transfer or cashier’s check at the Auctioneer’s office, by 4:30 P.M. on the day of the auction. 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” 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 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.