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The property will be open 1 hour prior to the live onsite auction.
Live Auction Bidders – 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 (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 10% deposit, payable by wire transfer or cashier’s check, is required by 4:00 p.m. on the day of auction. No exceptions. 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.
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.
Jeffrey L. Forman, Attorney
Kauffman and Forman, P.A.
406 W. Pennsylvania Avenue
Towson, MD 21204
Estate Sale
Live Onsite & Simulcast Online Bidding
$150,000 Opening Bid
PARKVILLE
“Harford Hills”
CAPE COD HOME
3 Bedrooms ◆ 2.5 Baths ◆ Garage
Known As
2530 E. JOPPA ROAD
Corner Forest Road
Baltimore County, MD 21234
Online Bidding Opens
WEDNESDAY, NOVEMBER 20, 2024
Live Onsite Auction
THURSDAY, NOVEMBER 21, 2024
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:
2530 E. Joppa Road is located in the Parkville area of central Baltimore County. The home is about one mile east of Perring Parkway (MD-41) and one-half mile west of Harford Road (MD-147), with excellent access to the Baltimore Beltway (I-695). Shopping and community services are within walking distance. The surrounding neighborhood is comprised of well-kept mid-century detached homes. According to the Baltimore County government website, nearby public schools are Harford Hills Elementary, Pine Grove Middle and Loch Raven High.
SITE:
0.169 acre, located at the northwest corner of E. Joppa Road and Forest Road. Plat
Zoning DR 5.5, residential
Public utilities
Three-car driveway leads to garage
Partially fenced rear yard
Paver patio and walkways
IMPROVEMENTS:
Stone and vinyl sided Cape Cod-style home, built in 1952, containing 1,512 square feet of living area, 992 square feet of basement space and 240 square foot garage, according to public tax records. The home has a covered walkway leading to the one-car garage with electric opener, vinyl-clad double-hung windows, an architectural shingle roof and covered front entry porch.
First Floor
Second Floor
Basement
Mechanical – gas forced air heat and central air conditioning, gas water heater, 200-amp. electrical service, sump pump
The house is clean and dry, but needs updating and cosmetic repairs. A previous water issue in the basement has been repaired – see remediation report.
TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore County Deed Book SM 25747, Page 338.
TAXES:
Published annual real estate taxes are $3,036, based on a full value assessment of $267,100.
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 $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 (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 10% deposit, payable by wire transfer or cashier’s check, is required by 4:00 p.m. on the day of auction. No exceptions.
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, 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. Purchaser shall be responsible for obtaining physical possession of the Property and assumes the risk of loss or damage to the Property 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. 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.
Bruce E. Kauffman, Personal Representative
of the Estate of Eric Thomas Johnson