"Campfield Area - Pacebrook"

Sarah V. Schabes, Attorney
Schabes Law Group, LLC
2650 Quarry Lake Drive – Suite 160
Baltimore, MD 21209

ESTATE AUCTION
$60,000 Suggested Opening Bid

“Pacebrook”

BRICK RANCHER
– Renovation Needed –

Sale On Premises
6610 MAROTT DRIVE
Off Patterson Avenue
Baltimore County, MD 21207

THURSDAY, JANUARY 18, 2018
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:
6610 Marott Drive is located in western Baltimore County, off Patterson Avenue, south of Wabash Avenue and north of Liberty Road. Housing in the immediate neighborhood is predominantly comprised of single family subdivision-type homes, built in the 1950s. According to the Baltimore County Schools website, nearby schools are Wellwood Elementary, Pikesville Middle and Woodlawn High. Shopping is nearby on Reisterstown and Liberty Roads. MTA subway service and public bus service is within one-half mile.

SITE:
Level lot, approximately 65′ x 121′ or 0.19 acre
Zoning DR 5.5, residential
All public utilities
3-car driveway

IMPROVEMENTS:
One Story Brick Ranch Home – constructed in 1955, containing 1,090 square feet of living area and 1,090 square feet of basement space, according to public tax records.

Exterior
All brick facade
Composition shingle roof
Vinyl-clad replacement windows

First Floor

• Living Room – carpeting over wood floor, 2 closets
• Dining Room – carpeting over wood floor
• Kitchen – vinyl floor, original kitchen cabinets, gas range, gas oven, refrigerator
• 3 – Bedrooms – wood floors
• Full Bathroom – ceramic tile

Basement

• Recreation Room – vinyl floor
• Laundry Room – concrete floor, utility sink, washer and dryer
• Half-Bath rough-in

Mechanical
Gas forced air heat
Gas water heater
100 amp. electric
Sump pump

The home needs updating and cosmetic repairs.

TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore County Deed Book 26873, Page 165.

TAXES:
Published annual real estate taxes are $1,938, based on a full value assessment of $134,700. 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:
http://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx

TERMS OF SALE:
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 the Personal Representative of the Estate of Sylvia Rosen