Email: info@ajbillig.com
6500 Falls Road, Baltimore, MD 21209
Click 'AJ' icon to access map directions.
The property will be open 1 hour prior to the live onsite auction and is also available to view per the following instructions:
For Agents: please schedule online via ShowingTime.
For Individuals: Request Access to Property. Once the completed form has been received, you will receive inspection instructions via email. Inspection requests are normally answered Mon.-Fri. 9 am – 4 pm.
Live Auction Bidders – A $25,000 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.
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.
Jeffrey L. Forman, Attorney
Kauffman and Forman, P.A.
406 W. Pennsylvania Avenue
Towson, MD 21204
Estate Sale
Live Onsite & Online Simulcast Bidding
$200,000 Opening Bid
REISTERSTOWN
“Chartley”
RANCHER
3-5 Bedrooms ◆ 2 Baths
Known As
602 ZELL COURT
Baltimore County, MD 21136
Online Bidding Opens
MONDAY, NOVEMBER 27, 2023
Live Onsite Auction
THURSDAY, NOVEMBER 30, 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:
602 Zell Court is situated in the Chartley neighborhood of Reisterstown, off Chartley Drive, four blocks east of Main Street (MD-140). Chartley is a 1950-1960s era subdivision, predominantly comprised of detached, single family homes. Nearby public schools are Reisterstown Elementary, Franklin Middle and Franklin High, according to the Baltimore County government website. Shopping and community services are convenient on nearby Main Street and Reisterstown Road. The neighborhood is convenient to I-795 and Metro Subway.
SITE:
Level lot – 0.218 acre. Subdivision Plat
Zoning DR 3.5, residential
Public utilities
2-car concrete driveway
Chain link fenced rear yard
Above-ground swimming pool
IMPROVEMENTS:
One story ranch home, built in 1959, containing 1,040 square feet of living area and 1,140 square feet of basement space
Exterior – brick and vinyl siding, composition shingle roof, concrete foundation, rear wooden sun deck, vinyl-clad double hung windows
First Floor
Lower Level
Mechanical – Lennox gas forced air heat and central air conditioning (installed 2017), gas water heater, circuit breakers, sump pump
TITLE:
The property is sold free and clear of liens, subject to an annual $150 ground rent, payable half-yearly on the 15th days of April and October, in each and every year (statutory redemption is $2,500). Baltimore County Assignment Deed recorded in Book SM 15516, Page 225.
TAXES:
Published annual real estate taxes are $3,089, based on a full value assessment of $223,133.
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 $25,000 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, ground rent, 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, 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. 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.
Bruce E. Kauffman, Personal Representative
of the Estate of Patricia A. Folks
