"Havre de Grace"

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

ATTORNEY’S AUCTION
– $40,000 Suggested Opening Bid –

Two Story Porchfront
SEMI-DETACHED TOWNHOME
3 Bedrooms ◆ 2 Baths

Sale On Premises
659 BOURBON STREET
Harford County, MD 21078

THURSDAY, JANUARY 24, 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:
659 Bourbon Street is located in historic Havre de Grace in northeastern Harford County. The home is seven blocks west of the Susquehanna River, within walking distance of the business district. The surrounding neighborhood is predominantly comprised of two story townhomes. Nearby public schools are Havre de Grace Elementary, Middle and High, according to the Harford County Schools web site.

SITE:
Level rectangular lot – 22′ x 120′
Zoning R2, residential
Public water, sewer, gas, electricity, telephone and cable
Freestanding workshop with electricity in rear

IMPROVEMENTS:
Two story aluminum sided semi-detached townhome, built in 1930 and containing 1,562 square feet of living area, according to public tax records.

Exterior – covered front porch, open rear deck, wooden double-hung windows with aluminum storm sash in front, updated vinyl-clad double-hung windows on the side and rear, built-up roof, crawl space foundation.

First Floor

• Living Room – wood floor
• Dining Room – wood floor
• Eat-in Kitchen – vinyl floor, wood cabinets, laminate counter, refrigerator, gas range/oven
• Shower Bathroom – vinyl floor
• Rear Room – vinyl floor
• Laundry Room – vinyl floor

Second Floor

• Master Bedroom – carpeting over wood floor, ceiling fan
• Bedroom #2 – carpeting over wood floor
• Bedroom #3 – wood floor
• Full Bathroom – claw foot tub, vinyl floor
• Linen Closet

Mechanical – gas hot air heat, gas water heater, 100 amp. electrical service

The home needs updating and cosmetic repairs.

TITLE:
The property is in fee simple and sold free and clear of liens. Harford County Deed Book 13077, page 392.

TAXES:
Published annual real estate taxes are $2,080, based on a full value assessment of $132,400. 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 $5,000 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.

Auction by order of:
Robert E. Hankins, Attorney-in-fact for Nancy E. Hankins