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The property will be open 1 hour prior to the live onsite auction and is also available to view by appointment. Please contact the Auctioneer’s office, by phone: 410-296-8440 or email: info@ajbillig.com. Inspection requests are normally answered Monday-Friday 9 am-4 pm.
Live Auction Bidders – A $50,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale.
Online Auction Bidders – A $50,000, payable by wire transfer or cashier’s check, is required before the start of the live auction. Deposit Escrow Agreement
The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office (company or personal checks for the increased deposit will be accepted at the sale site or wiring instructions will be provided). A 5% buyer’s premium will be added to the final bid price. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page and see the Sample Contract.
Live Onsite & Simulcast Online Bidding
$700,000 Opening Bid
SPARKS GLENCOE
EXCEPTIONAL
BRICK COLONIAL HOME
3,742 SF ◆ 4 Bedrooms ◆ 4.5 Baths
3-Car Garage ◆ 4.99 Acre Private Lot
Known As
1036 UPPER GLENCOE ROAD
Baltimore County, MD 21152
Online Bidding Opens
TUESDAY, SEPTEMBER 24, 2024
Live Onsite Auction
THURSDAY, SEPTEMBER 26, 2024
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:
Sparks Glencoe, located in Baltimore County, Maryland, is a charming unincorporated community known for its picturesque landscapes and suburban appeal. Situated approximately 20 miles north of Baltimore, it offers a tranquil escape from the bustling city life while still providing convenient access to urban amenities. The area is characterized by its rolling hills, lush greenery, and a mix of historic and modern homes, making it an attractive place for families and professionals alike.
The area offers a variety of attractions that cater to different interests. One of the highlights is the Basignani Winery, where visitors can enjoy wine tastings and tours of the vineyard. It’s a great spot for a relaxing afternoon, especially during events like live music performances. Another notable attraction is the USA Lacrosse Hall of Fame, which showcases the history and evolution of lacrosse with interactive exhibits and memorabilia. For nature enthusiasts, the Prettyboy Reservoir is a must-visit, offering scenic views, hiking trails, and opportunities for fishing and boating. Additionally, the Sparks Bank Nature Center provides educational programs and a chance to explore local wildlife. Whether you’re into wine, sports history, or outdoor activities, Sparks Glencoe has something to offer.
1036 Upper Glencoe Road is located near the Big Gunpowder Falls, east of York Road (MD-45) and I-83. According to the Baltimore County government web site, excellent nearby public schools are Sparks Elementary, Hereford Middle and Hereford High.
SITE:
Wooded lot, 4.99 acres, located on a private cul de sac. Plat
Zoning RC-7, residential – resource conservation
Private well and septic – Well Yield and Test Report
Landscaped areas, playground, bluestone walkway
Wood sun deck
IMPROVEMENTS:
Two Story Colonial Home, built in 2003, containing 3,742 square feet of living area, 1,985 square feet of basement space, of which approximately 50% is finished area, and 690 square foot attached garage, according to public tax records. The home has a brick facade, composition shingle roof, double-hung windows, poured concrete foundation, covered front porch and rear wood deck. The three-car attached garage has three separate doors and openers. Interior ceiling heights are approximately 9′.
First Floor
Second Floor
Lower Level
Mechanical – oil forced air heat and two heat pumps for central air conditioning, two 200-amp. electrical panels, central vacuum cleaner system, water softener system
Some furniture may be available by negotiation with the seller.
TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore County Deed Book SM 21332, Page 403.
TAXES:
Published annual real estate taxes are $11,439, based on a full value assessment of $1,085,000.
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: Assessment Appeal Process – dat.maryland.gov
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – A $50,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale.
Online Auction Bidders – A $50,000, payable by wire transfer or cashier’s check, is required before the start of the live auction. Deposit Escrow Agreement
The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office (company or personal checks for the increased deposit will be accepted at the sale site or wiring instructions will be provided). Deposit funds shall be held by A. J. Billig & Co., LLC. 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. 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 settlement and assumed thereafter by the purchaser. The property will be sold in “AS IS, WHERE IS” condition, subject to easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser agrees to waive any right of rescission under the Baltimore County Code regarding well water requirements. 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. A 5% buyer’s premium will be added to the final bid price.