"Catonsville - Meridale Little Farms"

 ESTATE AUCTION 

$75,000 Suggested Opening Bid

“Meridale Little Farms”

Two Story
COLONIAL HOME
4 Bedrooms ◆ 2 Baths
– Needs Renovation –

Sale On Premises
621 PLYMOUTH ROAD
Off Edmondson Avenue
Baltimore County, MD 21229

THURSDAY, JUNE 6, 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:
621 Plymouth Road is located in the Meridale Little Farms subdivision at the eastern edge of Catonsville in Baltimore County. The neighborhood sits a short distance west of the Baltimore City line. Surrounding neighborhoods include Academy Heights, Braeside, Westowne and Westbrook. Nearby Edmondson Avenue provides access to the Baltimore Beltway (I-695), Baltimore National Pike (US-40) and Frederick Avenue (MD-144) via Edmondson Ridge Road and Prospect Avenue. I-70 is also a short distance north. The proximate location to major area highways and thoroughfares provides exceptional commuter access and retail options. According to the BCPS.org school locator, nearby schools are Westowne Elementary, Catonsville Middle and Catonsville High.

For more information about the area, please visit:
https://www.baltimorecountymd.gov/
https://bcgis.baltimorecountymd.gov/myneighborhood/
http://www.bcps.org/

SITE:
Rectangular lot – 50′ x 109′, comprising approximately 0.125 acre

Driveway and detached garage

All public utilities

Zoning DR 5.5, residential

IMPROVEMENTS:
Two story colonial home – constructed in 1925, containing 1,612 square feet of living area and 781 square feet of basement space, according to public tax records.

Exterior
Covered front porch
Aluminum siding
Slate roof, asphalt shingle porch roof
Wood windows
Aluminum down spouts and rain gutters

First Floor

• Living room – wood floor, fireplace with brick mantle
• Kitchen – laminate floor
• Laundry room and pantry
• Bedroom – wood floor
• Full Bath

Second Floor

• Bedroom with enclosed sleeping porch (or walk-in closet) – wood floor
• Bedroom – wood floor
• Bedroom – wood floor
• Full bath – laminate floor

Basement

• Unfinished
• Utility area

Mechanical
Oil radiant heat

Needs full renovation

TAXES:
Published annual real estate taxes are $2,395.49, based on a full value assessment of $164,200. 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:
https://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx

TITLE:
The property is in fee simple and sold free and clear of liens.

SUMMARY TERMS OF SALE:
Please see contract of sale for complete terms – A $7,500 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.

Auction by order of Lauren Williford, Personal Representative of the Estate of Joe Vance Williford