"Dundalk"

Rob Goldman Legal Solutions
6800-B Holabird Avenue
Dundalk, MD 21222

ATTORNEY’S AUCTION
$50,000 Suggested Opening Bid

Two Story Porchfront
BRICK TOWNHOME
With Garage

Sale On Premises
2551 LIBERTY PARKWAY
Off Dundalk Avenue
Baltimore County, MD 21222

THURSDAY, MARCH 2, 2017
AT 12:00 NOON

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:
2551 Liberty Parkway is located in the Dundalk area of eastern Baltimore County, east of Dundalk Avenue. Neighborhood housing is a mixture of single family detached homes and townhomes. Nearby public schools are Dundalk Elementary, Dundalk Middle and Dundalk High, according to the BCPS web site. Parks and shopping are within walking distance. The neighborhood is convenient to the Baltimore Beltway (I-695), I-95 and I-895, providing good highway access to employment centers throughout the metropolitan area. Public bus transportation is nearby.

SITE:
Rectangular lot – 30.42′ x 119.62′
Zoning DR 5.5, residential
All public utilities

IMPROVEMENTS:
Two Story Brick End-of-Group Townhome, built in 1942, containing 1,230 square feet of living area and 615 square feet of basement space, according to public tax records.

Exterior
All brick construction
Composition shingle roof (new 2014)
Vinyl-clad double-hung windows
Covered front and rear porches
One-car brick detached garage (new door 2014)
Fenced rear yard
Shed

First Floor
Living Room – wood floor, artificial fireplace, coat closet
Dining Room – wood floor
Kitchen – vinyl floor, wood cabinets, laminate counters, gas range/oven, refrigerator

Second Floor
3 Bedrooms – wood floors
Full Ceramic Tile Bath

Attic – storage, exhaust fan

Basement
Recreation Room – knotty pine paneling, vinyl tile floor
Laundry/Utility Room – outside exit, washer and dryer

Mechanical
Oil fired furnace (new 2010) with hot water radiators and summer/winter hook-up
Buss fuse electrical system
Window air conditioners

The home features plaster walls, original woodwork and trim. Updating and cosmetic repairs are needed.

TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore County Deed Book 8313, Page 513.

TAXES:
Published annual real estate taxes are $1,473, based on a full value assessment of $97,167. 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:
Eric Collins, Attorney-in-Fact for Edith A. Collins