"Middle River - Stansbury Manor"

J. Michael Holloway, Attorney
HOLLOWAY & SULLIVAN, LLC
7 St. Paul Street – Suite 625
Baltimore, MD 21202

Absolute Guardian’s Sale

To The Highest Bidder Above $50,000

“Stansbury Manor”

ONE STORY BUNGALOW
Near Wilson Point Park

Sale On Premises
1410 2^ND ROAD
Baltimore County, MD 21220

TUESDAY, MAY 3, 2022
AT 12:30 P.M.

Pursuant to an Order of the Circuit Court for Baltimore County, passed in the manner of James Bales, Case No. C-03-FM-20-004621, the undersigned will sell at Public Auction, on the premises the property described above.

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:
The property is situated in the Wilson Point area of southeastern Baltimore County, on a peninsula between Middle River and Stansbury Creek. Stansbury Manor, the surrounding neighborhood is comprised of tidy World War II era bungalows. Many have been updated and enlarged. Nearby public schools are Hawthorne Elementary, Stemmers Run Middle and Kenwood High, according to the Baltimore County government web site. The neighborhood is secluded, but convenient to Martin Airport, shopping along Eastern Avenue (MD-150), and MD-702, which leads to the Baltimore Beltway (I-695).

SITE:
Level lot 64′ x 104′, comprising 0.158 acre. Plat
Zoning DR 5.5, residential
Public water and sewer
Fully fenced yard
Two-car parking pad with carport
2 – storage sheds
Wood sun deck
Concrete patio

IMPROVEMENTS:
One story bungalow, built in 1942, and containing 672 square feet, according to public tax records.

Exterior – vinyl siding, composition shingle roof, vinyl-clad double-hung windows

Interior

• Living Room – paneling, carpeting
• Eat-in Kitchen – vinyl floor, wood cabinets, laminate counters, refrigerator, electric range/oven
• Bedroom – carpeting
• Office/Den – carpeting
• Full Bathroom – vinyl floor
• Laundry Room – vinyl floor, washer and dryer

Mechanical – oil forced air heat and central air conditioning (condition unknown), electric water heater, circuit breakers

The home needs updating and cosmetic repairs. Furniture may remain in the house.

TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore County Deed Book SM 11604, page 153.

TAXES:
Published annual real estate taxes are $1,827, based on a full value assessment of $120,200.
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.
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. 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.

Terry K. Sullivan, Guardian of the Property of James Wesley Bales