"West Towson"

Live Auction Bidders – A $30,000 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 $30,000 deposit, payable by cashier’s check or wire, will be required of all online bidders prior to the start of the live auction. The deposit will be held in escrow until the completion of the auction and will be retained from the winning bidder. Other bidder deposits will be returned within one business day. Interested parties who do not provide a deposit in advance as stated above will not be permitted to bid. The deposit shall be increased to 10% of the purchase price by cashier’s check or wire transfer by 4:00 P.M. on the day of auction.
Deposit Escrow Agreement

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 & Online Simulcast Bidding
$300,000 Opening Bid

WEST TOWSON

TWO STORY COTTAGE
3 Bedrooms ◆ Den ◆ 1.5 Baths

Known As
613 W. JOPPA ROAD
Baltimore County, MD 21204

Online Bidding Opens
MONDAY, JANUARY 15, 2024

New Auction Date:
Live Onsite Auction
MONDAY, JANUARY 22, 2024
AT 12:00 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:
613 W. Joppa Road is located three blocks west of Bosley Avenue in the West Towson area of central Baltimore County. The home is within walking distance to Baltimore County courts and government buildings, shops, restaurants and attractions. The surrounding neighborhood is predominantly comprised of well-maintained single family homes of varying styles and ages. Nearby public schools are West Towson Elementary, Dumbarton Middle and Towson High, according to the Baltimore County government website. The neighborhood is convenient to GBMC, UM St. Joseph’s and Sheppard Pratt Hospitals, Towson University, and is less than one mile south of the Baltimore Beltway (I-695).

SITE:
Beautifully landscaped rectangular lot, approximately 64′ x 150′, comprising 0.191 acre
Zoning DR 3.5, residential
Public utilities
4-car asphalt driveway
Brick front walk
Wood fenced rear yard

Record Plat

IMPROVEMENTS:
Two Story Cottage, built in 1938, containing 1,544 square feet of living area and 772 square feet of basement space, according to public tax records.

Exterior – vinyl siding, slate roof, wood and vinyl-clad double hung windows, concrete block foundation, covered concrete porch, rear wood sun deck

Interior – plaster walls and wood floor throughout, original architectural details

Main Level

• Foyer – wood floor
• Living Room – brick fireplace
• Dining Area – sliding doors to rear deck
• Updated Kitchen – white wood cabinets, granite counters, stainless steel gas range/oven, microwave, dishwasher, refrigerator
• Half-Bath – ceramic tile floor

Upper Level

• Den – wood floor
• Primary Bedroom – carpeting over wood floor, double closets
• Bedroom #2 – carpeting over wood floor
• Bedroom #3 – carpeting over wood floor, double closets
• Full Bathroom – ceramic tile
• Walk-up Attic

Lower Level

• Paneled Recreation Room – vinyl tile, outside exit
• Laundry Room – utility sink
• Utility Room – large storage area

Mechanical – gas hot water heat with radiators, central air conditioning (approximately 5 years old), gas water heater, 200 amp. electrical services, sump pump

The home needs some updating and cosmetic repairs.

TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore County Deed Book 33812, Page 348.

TAXES:
Published annual real estate taxes are $4,767, based on a full value assessment of $314,900.

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 $30,000 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 $30,000 deposit, payable by cashier’s check or wire, will be required of all online bidders prior to the start of the live auction. The deposit will be held in escrow until the completion of the auction and will be retained from the winning bidder. Other bidder deposits will be returned within one business day. Interested parties who do not provide a deposit in advance as stated above will not be permitted to bid. The deposit shall be increased to 10% of the purchase price by cashier’s check or wire transfer by 4:00 P.M. on the day of auction.
Deposit Escrow Agreement

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” 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. A 5% buyer’s premium will be added to the final bid price.

Estate of Janis Cochran-Thomas