"Monkton - My Lady’s Manor Historic District"

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 with 24 hours at the Auctioneer’s office (wire or cashier’s check).

Online Auction Bidders – a $20,000 or 10% deposit, whichever is greater, payable by cashier’s check or wire, will be required of the purchaser by 4:00 P.M. on the day of auction. 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.

Featuring Live & Simulcast Online Bidding
$125,000 Opening Bid

MONKTON
– My Lady’s Manor Historic District –

0.56± ACRE
COMMERCIAL PROPERTY
2 Homes Requiring Full Renovation
Zoned BL-CR ● Next to NCR Trail

Commercial or Residential Use

Sale On Premises:
1905 MONKTON ROAD
Monkton, Baltimore County, Maryland 21111

Online Bidding Opens
MONDAY, NOVEMBER 11, 2024

Live Onsite Auction Begins
WEDNESDAY, NOVEMBER 13, 2024
AT 2:00 P.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:
1905 Monkton Road is located in the Monkton area of northern Baltimore County. The property sits about 150 feet from the NCR/Torrey C. Brown Rail Trail, a well-frequented recreational trail for cyclists and hikers. The trail was originally a rail line linking York and Baltimore, and the associated railroad station helped spur the architecture and quaint feel of the area existing into the modern day. The overall surrounding area is known as My Lady’s Manor on the National Register of Historic Places, and other listed (National, Maryland or both) historic buildings in the immediate area include The Monkton Railroad Station, Monkton Hotel, Monkton Hall, Station Master’s House, Owen House, Mrs. William A. Codd House, Willow Glen and many others.

The property sits opposite the Monkton Hotel and Café, next to Pedego Electric Bike Rentals, and within a few hundred feet of Monkton Station. Other nearby properties include single family homes, religious facilities, farms and farmettes. I-83 is approximately 3.5 miles west. In addition to the rail trail, a number of well-frequented destinations are nearby, including the Manor Tavern, Inverness Brewing and Gunpowder Falls State Park. According to Baltimore County Public Schools records, nearby schools include Sparks Elementary, Hereford Middle and High. St. James Academy and Oldfields School are also in the area.

For more information about the area, please visit:
Baltimore County Government – www.baltimorecountymd.gov
Baltimore County My Neighborhood – bcgis.baltimorecountymd.gov
Baltimore County Public Schools – www.bcps.org
Maryland Historic Property Search – Medusa – apps.mht.maryland.gov

SITE:
Lot size – 0.564 acre, more or less, according to public tax records

Rear yard. Parking area (front). Rear shed.

Serviced by private well and septic.

ZONING:
Zoned BL-CR – Business Local – Commercial, Rural

According to the Baltimore County Citizen’s Guide to Zoning, typical uses permitted by right in the Business Local district include “retail sales, personal services, restaurant, bank, office, tavern, food store (and) medical clinic. The Commercial, Rural designation references back to the underlying zoning (BL) with respect to permitted uses and with limitations as to “size and appearance… to ensure development is compatible with the rural setting.”

For more information about Baltimore County Zoning, please visit:
Zoning Review – www.baltimorecountymd.gov

IMPROVEMENTS:
The property is improved by two structures believed to have been constructed in the mid to late 1800s. Both properties need comprehensive renovation. The secondary structure may require demolition.

Primary structure –

• Located at the northwest corner of the property (closer to Old Monkton Road)
• Constructed in 1878 containing 1,116 square feet above grade, according to public tax records
• Exterior features include a screened porch, covered side entry, vinyl siding, asphalt shingle roof, vinyl clad replacement windows and aluminum down spouts and rain gutters.
• The interior is arranged as follows: living room, kitchen and bath, on the first floor; 3 rooms on the second floor; cellar basement; forced air heat (propane); central air conditioning.

Secondary structure –

• Located at the center of the property (closer to Garfield Avenue)
• Age unknown. Original structure believed to be older than primary structure and with subsequent addition.
• Exterior features include brick and clapboard exterior, covered front porch, wood windows and asphalt shingle roof.
• The interior is arranged as follows: two rooms and bath, on the first floor; two rooms on the second floor.

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

TAXES:
Current annual real estate taxes are $3,654.20 based on a full value tax assessment of $299,267.

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 with 24 hours at the Auctioneer’s office (wire or cashier’s check).

Online Auction Bidders – a $20,000 or 10% deposit, whichever is greater, payable by cashier’s check or wire, will be required of the purchaser by 4:00 P.M. on the day of auction.

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, ground rent and 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, Baltimore County notices and zoning, or covenants of record affecting same, if any. The Purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law, and agrees to waive any right of rescission under the Baltimore County Code regarding well water requirements. Purchaser assumes the risk of loss from the date of contract forward. The Purchaser waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns form 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!