Email: info@ajbillig.com
6500 Falls Road, Baltimore, MD 21209
Sold prior to the auction
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A 10% deposit, payable by wire transfer or cashier’s check, will be required of the purchaser by 4:00 p.m. on the day of auction at the Auctioneer’s 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.
This Auction has been CANCELED.
Sold prior to the auction.
Randi Bocanegra, Attorney
BZ ELDER LAW
P.O. Box 399, Severn, MD 21144
$75,000 Opening Bid
EASTPOINT AREA
“Braddock Heights”
3 BEDROOM BUNGALOW
With Carport and Garage
Known As
7709 BRADDOCK AVENUE
Off North Point Road
Baltimore County, MD 21224
CANCELED
Online Bidding Opens
FRIDAY, APRIL 5, 2024
Online Bidding Closes
MONDAY, APRIL 8, 2024
AT 12:00 P.M.
Pursuant to an Order of the Circuit Court for Baltimore City, passed in the Matter of James Krug, Case No. 24-T-23-000323, the undersigned Guardian will sell the above-captioned property as noted.
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:
7709 Braddock Avenue is located in the Eastpoint area of eastern Baltimore County, off North Point Road, south of Eastern Avenue and west of Merritt Boulevard and Back River. Braddock Avenue is a quiet residential street, ending in a cul de sac. Nearby public schools are Berkshire Elementary, Holabird Middle and Patapsco High, according to the Baltimore County government web site. Public transportation, shopping, restaurants and community services are within walking distance of the home. The neighborhood is less than one mile from I-95 and I-695, providing access to employment centers throughout the region.
SITE:
Rectangular lot, approximately 42′ x 120′, comprising 0.129 acre
Zoning DR 5.5, residential
Public utilities
Fenced yard
IMPROVEMENTS:
One and one-half story cottage, built in 1933, containing 780 square feet of living area and 520 square feet of basement space, according to public tax records. The home has an enclosed front porch, vinyl siding, rear wooden deck, vinyl-clad double-hung windows, composition shingle roof and full concrete block basement foundation.
The house is occupied by a squatter and interior access is not available. It shall be the responsibility of the buyer to obtain possession.
According to a prior listing, the interior is believed to contain –
First Floor
Second Floor
Basement, gas forced air heat and central air conditioning, gas water heater
TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore County Deed Book SM 18568, Page 192.
TAXES:
Published annual real estate taxes are $1,746, based on a full value assessment of $144,100.
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.
A 10% deposit, payable by wire transfer or cashier’s check, will be required of the purchaser by 4:00 p.m. on the day of auction at the Auctioneer’s 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, 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 subject to the rights of the party in possession, if any. Purchaser shall be responsible for obtaining physical possession of the property and assumes the risk of loss or damage to the property 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.
The auction must be authorized by the court and said authorization will be obtained prior to opening the online auction. The sale is not contingent on final ratification by the court.
Randi Bocanegra, Guardian of the Property of James Krug
