"Towson - Loch Raven Village Area"

Live Auction Bidders – 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 by 11:00 A.M., Monday, March 13, 2023, at the Auctioneer’s office. Personal checks for the difference in the deposit will be accepted at the sale site or wiring instructions will be provided.

Online Auction Bidders – A 10% deposit, payable by wire transfer or cashier’s check is due by 3:00 p.m. on the day of auction at the auctioneers office. When you register for an online auction, a “ping” will be placed on your credit card and immediately voided, you will not be charged the deposit amount.

No Buyer’s Premium. 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
– Suggested Opening Bid: $150,000 –

TOWSON
– Loch Raven Village Area –

THREE STORY BRICK
END-OF-GROUP TOWNHOME
5 Bedrooms & 2 Baths ✦ 0.19± Acre Lot ✦ Off-Street Parking

Sale On Premises
1661 MUSSULA ROAD
Towson, Baltimore County, MD 21286

– CANCELED –

Online Bidding Opens
WEDNESDAY, MARCH 8, 2023

Live Onsite Auction
FRIDAY, MARCH 10, 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:
1661 Mussula Road is located in the Brookland subdivision in east Towson. Surrounding neighborhoods include Loch Raven Manor, Loch Raven Village, Ridgeleigh and Knettishall. The general area is often referred to as Loch Raven Manor or Loch Raven Village, including among those who live in Brookland. The immediate subdivision is relatively small, comprising roughly 50 townhomes between Pleasant Plains Road and Loch Raven Boulevard, north of Putty Hill Avenue.

The location is exceedingly convenient, with Putty Hill Avenue, Loch Raven Boulevard, Perring Parkway and E. Joppa Road providing immediate access throughout the surrounding area. The Loch Raven Boulevard exit from the Baltimore Beltway (I-695) is approximately one-half north, and the Providence Road and Perring Parkway exits are also within a short distance. There are extensive options for shopping, dining and entertainment throughout the area, with a number of retail centers within one mile. A number of major employers, including Stanley Black & Decker and Towson University, are also nearby. According to the Baltimore County Public Schools locator app, nearby schools are Pleasant Plains Elementary, Loch Raven Technical Academy (middle) and Loch Raven High.

The auction provides an opportunity to purchase a home with larger square footage and acreage than most properties in the area, with plenty of opportunity for easy updating to one’s own taste. New windows, new roof and a variety of other updates make the home move-in ready, with plenty of bright light and cozy details. The lot is impressive at 0.19 acres, and boasts mature landscaping, covered deck, fruit trees and off-street parking, among the property’s expansive rear yard. Pre-auction offers will be considered.

For more information about the area, please visit:
Baltimore County Government – www.baltimorecountymd.gov
Baltimore County Public Schools – www.bcps.org

SITE:
Lot size – 8,112 square feet, or 0.186 acre, according to public tax records. Plat records show a total square footage of 8,180.64 square feet, or 0.188 acre. Plat

The lot fronts 39.33′ on Mussula Road and a 16′ rear alley, with depths of 208′. The well sized lot features front, side and rear yards, most of which is fenced. Tidy landscaping is featured throughout. A parking pad for 2 vehicles, and further room for expansion, is located at the rear of the property.

All public utilities

Zoned DR 10.5 Residential

IMPROVEMENTS:
Three story brick end-of-group townhome constructed in 1962. Interior square footage is estimated to be 1,940 above grade and 720 of mostly finished basement space (tax record square footage does not include third floor). Total finished square footage is estimated to be 2,260.

The home has been well-maintained, and features a new asphalt architectural shingle roof (2020), new vinyl-clad replacement windows (2020), wood floors, two fireplaces, forced air heat, central air conditioning and a covered rear deck. Additional details are as follows:

Exterior:

• All brick exterior
• Asphalt architectural shingle roof (2020)
• Vinyl-clad replacement windows (2020)
• Aluminum down spouts and rain gutters
• Storm doors

Interior:

First floor –

• Entry foyer
• Hall closet
• Living room – wood floor, fireplace
• Dining room – wood floor, bay window
• Kitchen – laminate floor, original cabinets, walk-out to rear deck and yard

Second floor –

• Bedroom – wood floor
• Bedroom – wood floor
• Bedroom – wood floor
• Full hall bath

Third floor –

• Bedroom – new carpet
• Bedroom – new carpet
• Ample under-eave storage

Basement/Mechanical –

• Club room – laminate floor, fireplace with brick mantle
• Full bath – shower stall not fully functional
• Laundry and utility area with washer, dryer and utility sink
• Gas forced air heat
• CAC
• Gas water heater
• 100 amp electrical service

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

TAXES:
Published annual real estate taxes are $3,501.01, based on a full value assessment of $245,100.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.

Live Auction Bidders – 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 by 11:00 A.M., Monday, March 13, 2023, at the Auctioneer’s office. Personal checks for the difference in the deposit will be accepted at the sale site or wiring instructions will be provided.

Online Auction Bidders – A 10% deposit, payable by wire transfer or cashier’s check is due by 3:00 p.m. on the day of auction at the auctioneers office.

Deposit funds shall be held by A. J. Billig & Co., LLC. Balance to be paid in cash at settlement, which shall take place ON April 24, 2023, or sooner if agreed to in writing by Seller and Purchaser. 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” 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. 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!