"Woodlawn - Windsor Mill Cooperative"

Live Auction Bidders – a $7,500 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office (wire or cashier’s check).

Online Auction Bidders – a $7,500 or 10% deposit, whichever is greater, payable by cashier’s check or wire, will be required of the purchaser by 4:30 P.M. on the day of auction. 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 & Simulcast Online Bidding
$50,000 Opening Bid

WOODLAWN
Windsor Mill Cooperative

GARDEN STYLE
COOPERATIVE UNIT
2 Bedrooms & Bath

Known As:
6703 WILMONT DRIVE UNIT #104
Corner Essex Road
Baltimore County, Maryland 21207

Online Bidding Opens:
MONDAY, MARCH 18, 2024

Live Onsite Auction Begins:
TUESDAY, MARCH 19, 2024
AT 12:30 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:
The unit is located in the Windsor Mill Cooperative (“Co-Op”) in the Woodlawn area of western Baltimore County, just inside of the Baltimore Beltway (I-695). The area is also generally referred to as Gwynn Oak or Windsor Mill. The Co-Op is conveniently situated a short distance north of Windsor Mill Road, and near both Security Square Boulevard and Liberty Road, providing ample options for groceries, dining and recreation. A significant collection of major employers, including the US Social Security Administration, are in the immediate area. According to the Baltimore County Public Schools locator app, nearby schools are Woodmoor Elementary, Woodlawn Middle and Woodlawn High.

The Windsor Mill Cooperative comprises five garden style buildings situated at the corner of Wilmont Drive and Essex Road. The project was originally constructed as apartments and subsequently converted to a cooperative corporation. The project features ample surface parking and landscaped grounds.

The auction comprises the sale of 329 shares in the cooperative corporation as specified within the Occupancy Agreement linked below.

For more information about the area, please visit:
Baltimore County Government – www.baltimorecountymd.gov
Baltimore County Public Schools – www.bcps.org

UNIT INFORMATION:
Single story garden-style cooperative unit containing:

Living Room – carpeting, sliding doors to Balcony with Storage Room
Dining Room – carpeting
Kitchen – vinyl floor, laminate cabinets and counters, gas range/oven, refrigerator, dishwasher
Primary Bedroom – carpeting, walk-in closet
Bedroom #2 – carpeting
Full Bathroom – ceramic tile floor

Mechanical – Forced air heat and central air conditioning, electric water heater

COOP FEES:
Monthly cooperative fees are believed to be $376.76. Fees include utilities, taxes, common area maintenance, trash services, management, insurance and other details as specified in the Occupancy Agreement. The sale is subject to the approval of the Cooperative Board.

Occupancy Agreement

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

Live Auction Bidders – a $7,500 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office (wire or cashier’s check).

Online Auction Bidders – a $7,500 or 10% deposit, whichever is greater, payable by cashier’s check or wire, will be required of the purchaser by 4:30 P.M. on the day of auction.

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, co-op fees, 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, and the Occupancy Agreement and bylaws of the Windsor Mill Corporation – Cooperative Corporation. Purchaser assumes the risk of loss from the date of contract forward. 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. 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.