"Eldersburg - Sweet Air Estate"

Louis J. Weinkam, Jr., Attorney
1002 Frederick Road
Catonsville, MD 21228

 ESTATE AUCTION 

$150,000 Suggested Opening Bid

“Sweet Air Estate”

BRICK RANCHER
3 Bedrooms ◆ 1.5 Baths ◆ Garage
– Needs Renovation –

Sale On Premises
6523 SUNSET DRIVE
Sykesville, Carroll County, MD 21784

THURSDAY, DECEMBER 5, 2019
AT 2:00 P.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:
6523 Sunset Drive is located in the Sweet Air Estate neighborhood of eastern Carroll County, along the western edge of the Liberty Reservoir Watershed. The surrounding area is predominantly comprised of custom detached homes on large lots. The neighborhood is about 0.25 mile south of Liberty Road (MD-26). Shopping and community services are close by in Eldersburg. Nearby public schools are Freedom Elementary, Oklahoma Road Middle and Liberty High, according to the Carroll County Public Schools website.

SITE:
Rectangular lot – approximately 150′ x 122.5′, comprising 0.42 acre
Public water and sewer
Asphalt driveway with parking for 4-6 cars
Mature landscaping

IMPROVEMENTS:
One story brick ranch home, built in 1956, containing 1,334 square feet of living area, 1,334 square feet of basement space and 252 square foot garage, according to public tax records.

Exterior – all brick facade, composition shingle roof, vinyl-clad double-hung replacement windows, vinyl trim, full concrete block basement foundation, one-car frame garage with breezeway to house and electric door opener.

First Floor

• Living Room – brick fireplace, wood floor
• Dining Room – wood floor
• Kitchen – vinyl floor, original wooden cabinets, laminate counters, electric range/oven, refrigerator
• Bedroom #1 – wood floor
• Bedroom #2 – wood floor
• Bedroom #3 – wood floor

Basement

• Unfinished – concrete floor
• Laundry Area – washer, dryer, utility sink
• Half-Bath – linoleum floor

Mechanical
Oil hot water heat (baseboard and radiators), 100 amp. electrical service, 2 sump pumps

The home needs updating and cosmetic repairs.

TITLE:
The property is in fee simple and sold free and clear of liens. Carroll County Deed Book 6800, Page 406.

TAXES:
Published annual real estate taxes are $2,846, based on a full value assessment of $246,567. 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:
https://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $15,000 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.

Estate of John Richard Taylor

Sale in Collaboration with Keller Williams Integrity Realtors