Email: info@ajbillig.com
6500 Falls Road, Baltimore, MD 21209
Online Bidding Coming Soon
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The property will be open 1 hour prior to the live onsite auction and will be available to view prior to the day of the auction. Please check back for more info.
Live Auction Bidders – A $30,000 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 by cashier’s check or wire transfer by the next business day (company or personal checks for the increased deposit will be accepted at the sale site or wiring instructions will be provided).
Online Auction Bidders – A $30,000 deposit, payable by cashier’s check or wire, will be required of all online bidders prior to the start of the live auction. The deposit will be held in escrow until the completion of the auction and will be retained from the winning bidder. Other bidder deposits will be returned within one business day. Interested parties who do not provide a deposit in advance as stated above will not be permitted to bid. If necessitated by price, the deposit shall be increased to 10% of the purchase price by cashier’s check or wire transfer by the next business day. Deposit Escrow Agreement
A 5% buyer’s premium will be added to the final bid price and shall become part of the contract price. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page and please check back for the Sample Contract to be posted.
Jeffrey L. Forman, Attorney
Kauffman and Forman, P.A.
406 W. Pennsylvania Avenue
Towson, MD 21204
★Absolute ★
To the Highest Bidder Above $300,000
Live Onsite & Simulcast Online Bidding
GREENE TREE
TWO STORY TOWNHOUSE
3 Bedrooms ● 2.5 Baths ● Garage
Known As
12 RIVER OAKS CIRCLE
Pikesville, Baltimore County, MD 21208
Online Bidding Opens
WEDNESDAY, DECEMBER 10, 2025
Live Onsite Auction
THURSDAY, DECEMBER 11, 2025
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:
Greene Tree is located in the Pikesville area of northwestern Baltimore County, between Beltway (I-695) Exits 20 and 21. The gated community is east of Reisterstown Road (MD-140), west of Park Heights Avenue (MD-129), north of Hooks Lane. Community amenities include extensively landscaped grounds, outdoor swimming pool with clubhouse, tennis and pickleball courts and gatehouse. 12 River Oaks Circle is located opposite the pool and tennis complex.
The neighborhood is a short walk from Festival at Woodholme shopping center, Life Bridge Health & Fitness, retail stores and professional buildings along Hooks Lane and Reisterstown Road, and public transportation. Although it is close to community services, Greene Tree is a quiet enclave of townhouses and condominium flats.
HOA:
The community association is professionally managed. Monthly Homeowners Association fee of $675, includes common area maintenance, exterior building maintenance, community center, master insurance policy, reserve funds, road maintenance, security, sewer, trash removal, pool and tennis courts.
SITE:
Rectangular lot – 26′ front, 26.98’ rear with depths of 112.99 and 120.08’. Plat
Concrete driveway leads to one-car garage
Public utilities
Zoning DR 3.5, Density Residential
IMPROVEMENTS:
Two Story Inside Group Townhouse, built in 1986, containing 2,099 square feet of living area, 938 square feet of basement space and 240 square foot garage, according to public tax records. The home is brick and cement siding, with architectural shingle roof, double-hung windows, concrete block foundation and a rear wood sun deck (recently refurbished).
First Floor
Second Floor
Basement
Mechanical – electric heat pump, central air conditioning, electric 80-gallon water heater, 200-amp. electrical service, sump pump, security alarm.
The home needs updating and cosmetic repairs.
TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore County Deed Book 7076, Page 216. The home was occupied by the original property owner.
TAXES:
Published annual real estate taxes are $4,072, based on a full value assessment of $355,400.
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 $30,000 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 by cashier’s check or wire transfer by the next business day (company or personal checks for the increased deposit will be accepted at the sale site or wiring instructions will be provided).
Online Auction Bidders – A $30,000 deposit, payable by cashier’s check or wire, will be required of all online bidders prior to the start of the live auction. The deposit will be held in escrow until the completion of the auction and will be retained from the winning bidder. Other bidder deposits will be returned within one business day. Interested parties who do not provide a deposit in advance as stated above will not be permitted to bid. If necessitated by price, the deposit shall be increased to 10% of the purchase price by cashier’s check or wire transfer by the next business day. Deposit Escrow Agreement
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. 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, homeowners association fees, 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, WHERE IS” condition, subject to easements, agreements, restrictions or covenants of record affecting same, if any, and subject to the Declaration, By-Laws, Rules and Regulations of the Greene Tree Homeowners Association. Purchaser assumes the risk of loss from the date of contract forward. The purchaser agrees to waive any right of rescission under the Maryland Homeowners Association Act, having reviewed the HOA resale package prior to bidding. 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 and shall become part of the contract price.
