"Overlea - Blackthorn"

Live Auction Bidders – A $10,000 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.

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.

Holloway & Sullivan, LLC
7 St. Paul Street – Suite 625
Baltimore, MD 21202

Guardian’s Sale

Live Onsite & Simulcast Online Bidding
$50,000 Opening Bid

OVERLEA AREA

“Blackthorn”

SPLIT-FOYER HOME
3 Bedrooms ◆ 1.5 Baths

Renovation Required

Known As
5604 DAYBREAK TERRACE
Off Hazelwood Avenue
Baltimore County, MD 21206

Online Bidding Opens
MONDAY, JUNE 24, 2024

Live Onsite Auction
TUESDAY, JUNE 25, 2024
AT 11:00 A.M.

Pursuant to an Order of Circuit Court for Baltimore City, passed in the matter of Beverley Vigna (aka Beverly Vigna), Case No. 24-T-23-000415, the undersigned Guardian of the Property will sell at public auction the above-captioned property.

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:
The property is situated in eastern Baltimore County, west of I-95, south of Hazelwood Avenue, north of Chesaco Avenue and east of McCormick Avenue. Homes in the surrounding neighborhood are tidy, single family houses, built in the 1960s. Nearby public schools are McCormick Elementary, Golden Ring Middle and Overlea High, according to the Baltimore County government website. Access to shopping and the Baltimore Beltway (I-695) is nearby off Golden Ring Road.

SITE:
Level lot – 65′ x 110′, comprising 0.164 acre of land. Plat
Zoning DR 5.5, residential
Public utilities
Fenced rear yard
Concrete driveway for two cars
Substantial landscaping which is overgrown

IMPROVEMENTS:
Split-Foyer Home, built in 1963, containing 1,072 square feet on each level, according to public tax records. The home is frame with shingle siding, has a composition shingle roof and aluminum sliding windows. The house is in poor condition and needs complete rehabilitation.

Home contains a foyer, living room with wood floor, dining room with wood floor, kitchen, 3 bedrooms, 1.5 baths and partially finished basement with fireplace and sliding door walkout to rear yard.

TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore County Deed Book EHK 5577, Page 282.

TAXES:
Published annual real estate taxes are $2,133, based on a full value assessment of $191,400.

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 $10,000 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, and subject to housing violation notices. 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. 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.

J. Michael Holloway, Guardian