"Randallstown"

This Auction has been CANCELED.
Sold prior to the auction.

A $20,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. If necessitated by price, the deposit shall be increased to 10% of the purchase price within 24 hours, at the Auctioneer’s office (wire or cashier’s check). No Buyer’s Premium. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page or see the Sample Contract.

Substitute Trustee’s Sale

$200,000 Suggested Opening Bid

RANDALLSTOWN

Circa 1917
PORCHFRONT FARMHOUSE
4-5 Bedrooms ◆ 1.5 Baths
4-Car Garage/Barn & Outbuildings
Situated on 1.02± Acres

Known As
10418 LIBERTY ROAD
Baltimore County, MD 21133

– CANCELED –
Sale On Premises
TUESDAY, SEPTEMBER 12, 2023
AT 11:00 A.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:
10418 Liberty Road is situated in western Baltimore County. The property is on the north side of Liberty Road, east of Lyons Mill Road and west of Deer Park Road. While convenient to nearby shopping, major highways (I-795 and I-695) and Metro subway, the immediate surroundings are scenic and rural in nature. Nearby public schools are New Town Elementary, Deer Park Middle and New Town High, according to the Baltimore County government web site. The property is near the Baltimore Ravens Training Camp (Under Armor Performance Center) and Soldier’s Delight Natural Environmental Area.

SITE:
The property fronts approximately 201′ along the north side of Liberty Road, with depths of 139′ and 340′ and a rear lot line of 209′ along the south side of Lynos Mill Road, in the rear, comprising 1.02 acres of land. Plat.

Zoning RC-5, residential

Private well and septic

Asphalt driveway with parking for 8-10 cars

Stone barbecue

4-car detached vinyl sided garage/barn with storage loft

HOME:
Two Story Farmhouse, built in 1917, according to public tax records.  The home is believed to comprise approximately 2,324 square feet of living area (according to a recent appraisal).

Exterior – covered front entry porch with enclosed entry vestibule, architectural shingle roof (approximately 5 years old), aluminum siding, wooden double-hung windows with storm sashes, stone basement foundation.

First Floor

• Living Room – wood floor, wood-burning fireplace
• Dining Room – wood floor
• Kitchen – vinyl floor, wood cabinets, laminate counters, electric range/oven, refrigerator, walk-in pantry
• Half-Bath – ceramic tile
• Office (or bedroom) – carpeting, separate outside entrance
• Bonus Room, vinyl floor

Second floor

• 4 Bedrooms – wood floors and carpeting over wood
• Full Bathroom – ceramic tile
• Walk-up Attic – unfinished

Basement

• Unfinished – two exterior exits

Mechanical – Oil fired hot water radiators, central air conditioning, water treatment system, electric water heater, attic exhaust fan

The home retains original character, but could use some updating.

TITLE:
The property is in fee simple and sold free and clear of liens.  Baltimore County Deed Book 16188, Page 169.

TAX INFORMATION:
Published annual real estate taxes are $3,048, based on a full value assessment of $251,333.  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.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $20,000 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.  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 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, and waive the well yield and water chemical quality requirements under the Baltimore County Code. The Purchaser waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the Purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof.  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.

Michael L. Snyder, Substitute Trustee of
The Residuary Trust Under the Will of William B. Martin