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REAL ESTATE AUCTION
– $450,000 Suggested Opening Bid –
Near Lake Roland
Circa 2004
COLONIAL HOME
4 Bedrooms ◆ 3.5 Baths ◆ Garage
First Floor Master Bedroom Suite
Walk to Shops & Restaurants
Sale On Premises
1104
WASHINGTONVILLE DRIVE
– A Gated Community –
Off Falls Road south of Lake Avenue
Baltimore, MD 21210
TUESDAY, SEPTEMBER 12, 2017
AT 11:00 A.M.
Pre-Auction offers will be considered.
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.
1104 Washingtonville Drive is located in North Baltimore, east of Falls Road and one block south of Lake Avenue. The Washingtonville neighborhood is legally known as “Washington Addition,” formerly “Poplar Mills,” consisting of 18 single family executive homes built in the 2000’s, with a gated entrance. Neighborhood homes are immaculately maintained. Monthly HOA fee of $350 includes grounds maintenance, including lawn and front gardens, snow removal and water.
Washingtonville is conveniently located to the Jones Falls Expressway (I-83) and the Baltimore Beltway (I-695). MTA light rail service is within walking distance, as are restaurants and community shopping. The Mount Washington School (public, K-8) and numerous private schools are nearby. Washingtonville is convenient and private, with the feel of a small village.
Level, rectangular lot – 62′ x 103′ or 0.18 acre
Mature landscaping
Large rear sun deck
Side sun deck
Front walkway
Asphalt driveway
Public water, public sewer, gas, electricity, telephone, cable
Zoning R1, single family residential
Two Story Colonial Home, built in 2004, containing 3,250 square feet of living area, 1,850 square feet of basement space and 400 square foot garage, according to published tax records.
Exterior
Stone front, Hardiplank-type siding
Architectural shingle roof
Wood, vinyl-clad double hung windows with decorative shutters
Two-car side entry Garage with two doors
First Floor
Second Floor
Lower Level
Mechanical
2- zone gas forced air heat and central air conditioning
2 – 200 amp. electrical panels
Gas, 75-gallon water heater
Sump pump
Security alarm
The property is in fee simple and sold free and clear of liens. Baltimore City Deed Book 4875, Page 98.
Published annual real estate taxes are $15,227, based on a full value assessment of $645,200. 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:
http://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx
A $25,000 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, homeowners association fees, 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 rescission under the Maryland Homeowners Association Act, having reviewed the HOA documents in advance of the auction. 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 conducted in cooperation with