"Overlea"

This Auction has been CANCELED.
Sold prior to the auction.

Douglas C. Lauenstein, Attorney
8900 Belair Road, Nottingham, MD 21236

– $75,000 Opening Bid –

BRICK CAPE COD HOME
4 Bedrooms ◆ 1.5 Baths ◆ Garage
– Renovation Needed –

Known As
206 HENRY AVENUE
Off 7500 Belair Road
Baltimore County, MD 21236

CANCELED

BIDDING OPENS:
MONDAY, OCTOBER 26, 2020

BIDDING CLOSES:
THURSDAY, OCTOBER 29, 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.

LOCATION:
206 Henry Avenue is located east of 7500 Belair Road and about four blocks south of Beltway (I-695) Exit 32. The surrounding neighborhood, known as Linhigh, is comprised of a variety of detached homes, primarily built in the 1940s and 1950s. Many have been updated and expanded. The neighborhood is within walking distance of shopping and public transportation. Nearby public schools are Fullerton Elementary, Parkville Middle and Overlea High, according to the Baltimore County government web site.

SITE:
Level lot – 50′ x 140′, comprising 0.161 acre
Public water and sewer
Zoning DR 5.5, residential

IMPROVEMENTS:
One and one-half story Cape Cod-style bungalow, built in 1950, containing 1,391 square feet of living area and 962 square feet of basement space.

Exterior
Brick facade, aluminum trim, composition shingle roof, aluminum rainspouts, concrete block basement foundation, aluminum and wood double-hung windows, 3 dormers

Detached brick one-car garage with access from the rear alley

First Floor

• Living Room – carpeting over wood floor, brick fireplace
• Dining Room – carpeting over wood floor
• Kitchen – vinyl floor, original wood cabinets with laminate counters, gas range, double wall oven, refrigerator
• Bedroom #1 – carpeting over wood floor
• Bedroom #2 – carpeting over wood floor
• Full Bathroom – ceramic tile, linen closet

Second Floor

• Bedroom #3 – vinyl tile floor
• Bedroom #4 – vinyl tile floor
• Half-Bath – linoleum floor

Basement

• Paneled Recreation Room – concrete floor
• Workshop/Storage Room/Laundry – concrete floor
• Outside Exit

Mechanical
Gas forced air heat with central air conditioning (air conditioning is not operating), gas water heater, circuit breakers

Cleanout, updating and cosmetic repairs are needed.

TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore County Deed Book JLE 42235, Page 38.

TAXES:
Published annual real estate taxes are $2,998, based on a full value assessment of $205,700. 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% deposit, payable by cashier’s check or wire payment, will be required of the purchaser by 5:00 P.M. on the date of auction closing. 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 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.

Estate of Walter A. Sadzenski, Jr.