"Dundalk - Del Ray Park"

Live Auction Bidders – A $15,000 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 by 11:00 A.M., Monday, October 21, 2024, 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. 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.

Live Onsite & Simulcast Online Bidding
$150,000 Opening Bid

DUNDALK

“Del Ray Park”

Attractive, Enclosed Porchfront
TWO STORY COTTAGE
3-4 Bedrooms ◆ 2 Baths ◆ Garage

Known As
6805 YOUNGSTOWN AVENUE
Baltimore County, MD 21222

Online Bidding Opens
THURSDAY, OCTOBER 17, 2024

Live Onsite Auction
FRIDAY, OCTOBER 18, 2024
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:
6805 Youngstown Avenue is located in the Dundalk area of southeastern Baltimore County, east of Dundalk Avenue, south of German Hill Road, west of Delvale Avenue and north of Holabird Avenue. Del Ray Park, the surrounding neighborhood, is comprised of well-maintained single family and semi-detached homes and townhomes. Nearby public schools are Norwood Elementary, Holabird Middle and Dundalk High, according to the Baltimore County government web site. The neighborhood is convenient to I-95, providing access to employment centers throughout the area.

SITE:
Level lot – 50′ x 125′, comprising 0.14 acre. Plat
Zoning DR 5.5, residential
Public utilities
Fenced yard
4 – car concrete driveway leading to garage

IMPROVEMENTS:
Two Story Cottage, built in 1928, containing 1,360 square feet of living area, 644 square feet of basement space and 441 square foot garage, according to public tax records. The home has an enclosed front porch, concrete block foundation, aluminum siding, double hung windows, rear wood sun deck, and one-car concrete block garage with work area. Interior finishes are plaster walls and carpeting over wood floors.

First Floor

• Enclosed Sun Porch – carpeting
• Living Room (currently used as a bedroom) – carpeting over wood floor
• Dining Room – carpeting over wood floor
• Kitchen – ceramic tile floor, white cabinets, laminate counters, gas range/oven, refrigerator, pantry
• New Shower Bath – ceramic tile

Second Floor

• 3 Bedrooms – carpeting over wood floors
• Full Bathroom – carpeting and ceramic tile
• Access to Floored Attic

Basement

• Recreation Area – carpeting, paneling, acoustical tile ceiling
• Laundry/Storage Room – washer, dryer, laundry sink

Mechanical – gas forced air heat, central air conditioning, gas water heater, 100-amp. electrical service, 2 sump pumps, Verizon Fios

TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore County Deed Book 30701, Page 473.

TAXES:
Published annual real estate taxes are $1,902, based on a full value assessment of $176,700.

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 $15,000 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 by 11:00 A.M., Monday, October 21, 2024,  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. 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.