"Randallstown - Kings Point"

Live Auction Bidders – A $20,000 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 (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.

Daniel D. Harvey, Attorney
921 W. 36th Street, Baltimore, MD 21211

Live Onsite & Simulcast Online Bidding
$200,000 Opening Bid

RANDALLSTOWN

“Kings Point”

STONE & SIDING RANCHER
5 Bedrooms ◆ 3 Bathrooms

Previously Used as a 5-Bed
Senior Care Facility

Known As
9700 AMES COURT
Baltimore County, MD 21133

Online Bidding Opens
MONDAY, JULY 1, 2024

Live Onsite Auction
TUESDAY, JULY 2, 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:
9700 Ames Court is situated in the Kings Point neighborhood of Randallstown, in western Baltimore County. The home is west of Liberty Road (MD-26) and south of Marriottsville Road. Kings Point is a quiet neighborhood of well-maintained single family homes, built in the 1960s and 1970s. The neighborhood is convenient to shopping and community services on Liberty Road, I-795, I-695 and Metro subway service in Owings Mills. Nearby public schools are Hernwood Elementary, Deer Park Middle and New Town High, as per the Baltimore County government web site. According to Bright MLS, home sales in Kings Point ranged from $270,000 to $444,000, during the past six months.

SITE:
The property is located at the end of a cul de sac and comprises 0.497 acre. The lot bounds woodlands in the rear. Plat

Zoning DR 3.5, residential

Public utilities

Six-car asphalt driveway

IMPROVEMENTS:
One story ranch home, built in 1965, containing 1,496 square feet on the first floor and 1,045 square feet on the lower level, according to public tax records. The home has a stone facade, aluminum siding, aluminum sliding windows and concrete block foundation with walkout at grade in the rear.

Upper Level

• L-Shaped Living-Dining Combination – wood floor
• Den – LVT floor
• Kitchen – ceramic tile, table space, wood cabinets, laminate counters, gas range/oven, refrigerator, dishwasher, pantry
• Primary Bedroom – wood floor, en-suite ceramic tile Bathroom with shower
• Bedroom #2 – wood floor
• Bedroom #3 – wood floor
• Bedroom #4 – wood floor
• Hall Bathroom – LVT flooring, shower
• Linen Closet

Lower Level

• Bedroom #5 – painted concrete floor
• Full Bathroom – ceramic tile, bathtub
• Office – painted concrete floor
• Sitting Area – vinyl title floor, sliding door walk-out to rear yard
• Storage Room – drywall, painted concrete floor
• Storage Closet
• Unfinished Laundry/Mechanical Room – washer, dryer

Mechanical – gas forced air heat, central air conditioning, gas 50-gallon water heater, 200-amp. electrical service, Sunnova solar panels

The Sunnova solar panel lease commenced on December 10, 2019 and runs for 25 years. The monthly payment is $93.85. The buyer will assume the solar panel lease.

TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore County Deed Book JLE 37988, Page 1.

TAXES:
Published annual real estate taxes are $2,846, based on a full value assessment of $234,833.

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 $20,000 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 (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 shall assume the lease by and between Sunnova Energy Corporation and John Fitts, dated December 10, 2019, Agreement ID NB002725006. 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.