"Woodmoor"

REAL ESTATE AUCTION

RANCH HOME
– On 0.18 Acre –

Sale On Premises
3104 DONNA ROAD
Gwynn Oak, Baltimore County, MD 21207

WEDNESDAY, MAY 3, 2017
AT 12:00 NOON

– SUGGESTED OPENING BID: $50,000 –

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:
3104 Donna Road is located in the Woodmoor Estates subdivision in the Gwynn Oak area of western Baltimore County. The home is situated between Liberty Road and Windsor Mill Road, just east of the Baltimore Beltway. Access to I-695 and I-70 is good, and major employers are located nearby along Lord Baltimore Drive, Rolling Road and Security Boulevard. Surrounding homes are comprised predominantly of single family homes constructed in the 1950’s and early 1960’s.

For more information about the area, please visit:
https://www.baltimorecountymd.gov/

SITE:
Lot size: 0.18 acre, more or less

The lot fronts 68′ on Donna Road, with depths of 114′

Curb cut on Donna Road

Fenced rear yard

Off street parking potential

IMPROVEMENTS:
Ranch home – constructed in 1955 and containing 1,569 square feet of living area, according to public tax records. The home features off street parking potential, a fenced rear yard and is arranged as follows: living room, dining room, kitchen, extra room, 3 bedrooms and bath. The home is in need of renovation.

TAXES:
Current annual real estate taxes are $2,001.38 based on a full value assessment of $140,100. 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

TITLE:
In fee simple; and will be sold free and clear of liens.

TERMS OF SALE:
A $7,500 deposit, payable by certified check or 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!