"Lansdowne"

Bryan H. Potts, Attorney
Potts & Potts, P.A.
8621 Philadelphia Road
Baltimore, MD 21237

ESTATE AUCTION
$40,000 Suggested Opening Bid

Circa 1887
PORCHFRONT COTTAGE
3 Bedrooms ◆ 2 Baths

Sale on Premises
21 LAVERN AVENUE
Corner Baltimore Avenue
Baltimore County, MD 21227

TUESDAY, MAY 23, 2017
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:
21 Lavern Avenue is located in the Joshua neighborhood, Lansdowne area, of southwestern Baltimore County. Lavern Avenue is situated off of Hollins Ferry Road, north of Hammonds Ferry Road and south of Lansdowne Road. Surrounding housing primarily consists of single family detached homes of varying age and styles. Nearby public schools are Lansdowne Elementary, Middle and High, according to the Baltimore County government web site. The neighborhood is convenient to I-695, I-95 and I-895, providing good highway access to employment centers in the surrounding metropolitan area.

SITE:
Rectangular lot fronts 48′ along Lavern Avenue by 100′ along Baltimore Avenue
14′ alley in rear
All public utilities
Zoning DR 5.5
Concrete parking pad
Fenced yard

IMPROVEMENTS:
Two story cottage, built in 1887, containing 1,562 square feet of living area and 712 square feet of basement space.

Exterior
Vinyl siding
Composition shingle roof, aluminum rain spouts
Covered front and side porches

First Floor

• Foyer
• Living Room – carpeting
• Dining Room – carpeting
• Galley Kitchen – vinyl floor, gas range/oven, refrigerator, freezer, washer and dryer
• Breakfast Room – vinyl floor
• Bathroom with Shower – vinyl floor, ceramic tile wainscot
• Cedar Closet

Second Floor

• 3 Bedrooms
• Full Bathroom – vinyl floor, fiberglass enclosure

Partial Basement
Gas forced air heat and central air conditioning
Gas water heater
100-amp. electrical service

TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore County Deed Liber 4770, Folio 229.

TAXES:
Published annual real estate taxes are $2,199, based on a full value assessment of $148,833. 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, 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:
Bryan H. Potts, Successor Personal Representative
of the Estate of Mary P. Silcox