"Parkville-Carney - Ronleigh Heights"

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

 REAL ESTATE AUCTION 

$100,000 Suggested Opening Bid

“Ronleigh Heights”

BRICK SPLIT-LEVEL HOME
3 Bedrooms ◆ 1.5 Baths

Sale On Premises
2911 2^ND AVENUE
Off Harford Road north of I-695
Baltimore County, MD 21234

WEDNESDAY, AUGUST 14, 2019
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:
2911 2nd Avenue is located west of the 9400 block of Harford Road (MD-147), four blocks north of Beltway (I-695) Exit 31. The surrounding neighborhood is a mixture of subdivision-type housing built in the 1950s and 1960s. Neighborhood homes appear well-kept and many have been expanded and improved. Shopping and public transportation are within walking distance. According to the Baltimore County government web site, nearby public schools are Harford Hills Elementary, Pine Grove Middle and Parkville High.

SITE:
Rectangular lot – 40′ x 130′
All public utilities

IMPROVEMENTS:
Split-Level Home, built in 1956, comprising 1,581 square feet of living area, plus 323 square feet of basement space, according to public tax records.

Exterior – all brick facade, aluminum siding trim, wood double-hung and vinyl clad replacement windows, composition shingle roof, aluminum rain gutters

Entry Level

• Living Room – carpeting over wood floor, closet

Upper Level

• Bedroom #1 – wood floor
• Bedroom #2 – wood floor
• Bedroom #3 – carpeting over wood floor
• Full Bathroom – ceramic tile floor

Lower Level

• Dining Room / Family Room – carpeting, ceiling fan
• Kitchen – vinyl floor, original metal cabinets, laminate counters, electric wall oven, electric range, refrigerator
• Half-Bath – carpeting

Basement

• Laundry Area with washer, dryer and utility sink
• Storage

Mechanical – Updated gas forced air heat and central air conditioning, 100 amp. electrical service, sump pump, 40-gallon gas water heater

The home needs some updating and cosmetic repairs.

TITLE:
The property is sold free and clear of liens, subject to an unregistered $120 ground rent, payable on the 25th days of April and October in each and every year. Baltimore County Deed Liber 26190, Page 703.

TAXES:
Published annual real estate taxes are $2,604, based on a full value assessment of $173,100. 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 $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, ground rent, 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.