"Eastwood"

Holloway & Sullivan, LLC
One North Charles Street – Suite 2525
Baltimore, MD 21201

GUARDIAN’S AUCTION
$50,000 Suggested Opening Bid

TWO STORY TOWNHOME

Sale On Premises
7005 E. BALTIMORE STREET
Baltimore County, MD 21224

TUESDAY, DECEMBER 19, 2017
AT 11:00 A.M.

Pursuant to an Order Appointing Guardian of the Property, in the Circuit Court for Baltimore County, passed in the matter of Joan Singletary, Case No. 03-T-17-0087, the undersigned Guardian will sell the property listed above.

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:
7005 E. Baltimore Street is located in the Eastwood neighborhood of eastern Baltimore County, north of Eastern Avenue, south and west of North Point Boulevard and east of I-95. The neighborhood is convenient to shopping, public transportation and major highway access. Neighborhood housing consists of two story brick townhomes, built in the 1950s. Most appear to be very well maintained. According to the Baltimore County government website, nearby public schools are Colgate Elementary, Holabird Middle and Dundalk High.

SITE:
Rectangular lot – 16′ x 102′
All public utilities
Alley bounds rear of site
Fenced rear concrete yard – potential parking pad

IMPROVEMENTS:
Two Story Brick Inside-Group Townhome, constructed in 1954, containing 896 square feet of living area and 448 square feet of basement space, according to public tax records.

Exterior
All brick facade
Vinyl-clad double-hung windows
Built-up roof
Full basement foundation

First Floor
● Living Room – carpeting over wood floor, coat closet
● Dining Room – carpeting over wood floor
● Kitchen – vinyl floor, original metal kitchen cabinets, gas range/oven, refrigerator

Second Floor
● Bedroom #1 – carpeting over wood floor
● Bedroom #2 – carpeting over wood floor
● Full Bath – ceramic tile floor, fiberglass wainscot, skylight

Basement
Unfinished, utility sink, washer, dryer
Outside exit

Mechanical
Gas forced air heat
Central air conditioning
100 amp. electrical service
Gas, 30-gallon water heater
Sump pump

The home appears well maintained but dated.

TITLE:
The property is sold free and clear of liens, subject to an annual $87 ground rent (could be redeemed for $1,450). Baltimore County Deed Book GLB No. 2181, Page 28.

TAXES:
Published annual real estate taxes are $1,494, based on a full value assessment of $98,000. 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 $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. 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.

Auction by order of Terry K. Sullivan, Guardian of the Property of Joan Singletary