"Catonsville"

Live Auction Bidders – A $5,000 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. 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 4:00 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.

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.

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

CATONSVILLE

PRISTINE OFFICE
Condominium Unit
680 SF ◆ Zoned OR-1

Known As
5707 CALVERTON STREET
Unit #2D, Calverton Office Condominium
Off Ingleside Avenue
Baltimore County, MD 21228

Online Bidding Opens
MONDAY, AUGUST 7, 2023

Live Onsite Auction
TUESDAY, AUGUST 8, 2023
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.

GENERAL INFORMATION:
Calverton Office Condominium is an eleven unit, two story office building, located off Beltway (I-695) Exit 15. The property is located off Ingleside Avenue, one block south of Baltimore National Pike (US-40). Situated in a landscaped, park-like setting, the office building has ample on-site parking. The building was constructed circa 1987, has wood siding, casement windows and composition shingle roof. Monthly condominium fees are $159. Condominium Documents

UNIT:

• Second floor Unit #2D – 680 square feet, in absolutely move-in condition
• Reception Area – luxury vinyl plank flooring
• Private Office/Copier Room – carpeting
• Private Office/Conference Room – carpeting
• Large Conference Room – carpeting, floor to ceiling windows
• Rest Room – luxury vinyl tile
• Storage/Utility Room
• Electric forced air heat, central air conditioning, electric water heater, individually metered

Plat

The unit is fully furnished. The furniture and office equipment are not included in the sale of the real estate, but are available by negotiation with the seller.

TITLE:
The property is sold free and clear of liens. Baltimore County Deed Book 38699, Page 246.

TAXES:
Published annual real estate taxes are $1,837.

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

Live Auction Bidders – A $5,000 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. 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 4:00 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 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, condominium fee, 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” 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 Calverton Office Condominium. The Purchaser waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from 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. Purchaser waives any right of rescission under the Maryland Condominium Act, having reviewed the condominium resale documents prior to bidding. 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. Time is of the essence. A 5% buyer’s premium will be added to the final bid price.