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 $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 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.
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 & Forman, P.A.
406 W. Pennsylvania Avenue
Towson, MD 21204
Remaindermens’ Sale
Live Onsite & Online Simulcast Bidding
$150,000 Opening Bid
PIKESVILLE
“Laydon Park”
3 BEDROOM RANCHER
Known As
8327 SCOTTS LEVEL ROAD
Corner Setonhurst Road
Baltimore County, MD 21208
Online Bidding Opens
SUNDAY, DECEMBER 3, 2023
Live Onsite Auction
MONDAY, DECEMBER 4, 2023
AT 2:00 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:
8327 Scotts Level Road is situated in the Laydon Park neighborhood of Pikesville, in western Baltimore County. The neighborhood of well-maintained 1960s detached homes is west of the Baltimore Beltway (I-695), east of Winands Road and north of Old Court Road. Winand Elementary School is one block east of the home. Other nearby schools are Northwest Academy Middle and Randallstown High, according to the Baltimore County government website. The neighborhood is convenient to shopping in Pikesville, Owings Mills and Randallstown. Metro Subway service is nearby, as is access to I-795 and I-695.
SITE:
Landscaped, rectangular lot fronts approximately 78′ along Scotts Level Road and 105′ along Setonhurst Road, comprising 0.22 acres. Plat
Zoning DR 5.5, residential
Public utilities
Two-car concrete driveway
Rear concrete patio
IMPROVEMENTS:
One story ranch home, built in 1965, containing 1,317 square feet of living area and 1,317 square feet of basement space
Exterior – brick and vinyl siding, composition shingle roof, vinyl-clad double-hung windows, covered front entry porch
Upper Level
Lower Level
Mechanical – Lennox gas forced air heat and central air conditioning, 40-gallon gas water heater, circuit breakers, sump pump
The property appears well maintained, but could use updating and cosmetic repairs.
TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore County Deed Book JLE 30309, Page 186.
TAXES:
Published annual real estate taxes are $2,893, based on a full value assessment of $209,333.
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 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, 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.
