Absolute Above $10,000 - "Ruxton - West Towson"

Holloway & Sullivan, LLC, Solicitors
One North Charles Street – Suite 2525
Baltimore, MD 21201

ABSOLUTE ESTATE AUCTION
To The Highest Bidder Over $10,000

★ 2.7± ACRE PARCEL ★
– Zoned DR-2 – Residential –

Known As
N. CHARLES STREET
Tax ID: 09-04-750670
Between Towsontown Boulevard
and Boyce Avenue
Baltimore County, MD 21204

Sale To Be Held:
End of Southwind Court
Towson, MD 21204
Directions from Google Maps

THURSDAY, MARCH 2, 2017
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:
The parcel is located along Charles Street, formerly Charles Street Avenue, between Boyce Avenue and Towsontown Boulevard in the West Towson area of Baltimore County. Surrounding neighborhoods include Ruxton, Four Winds, Malvern Hill, Dogwood Valley and Charles Terrace. The Greater Baltimore Medical Center (GBMC) and Towson University are immediately to the southeast. The Baltimore Beltway (I-695) is approximately 1.5 miles north, and the Jones Falls Expressway is approximately 2.5 miles west. The center of Towson is within 1.5 miles, offering ample shopping, dining and entertainment. According to bcps.org, nearby schools are Riderwood Elementary, West Towson Elementary, Dumbarton Middle and Towson High.

For more information about Baltimore County, please visit:
baltimorecountymd.gov
bcps.org
and
myneighborhood.baltimorecountymd.gov

SITE:
According to public records, the site comprises 2.7 acres, more or less. A deed mosaic for the property states the total acreage as 2.4989 acres, more or less. The lot is wooded and sloping. Public water and sewer are believed to be in Southwind Court, Southwind Road and N. Charles Street.

Known as parcel 1136, on Baltimore County tax map 69, grid 18. Also known by Baltimore County Tax ID: 09-04-750670

Survey/Deed Mosaic

Boundary Description

Aerial Photo with Survey Overlay

Baltimore County’s MyNeighborhood Zoning Map

Baltimore County’s MyNeighborhood Environmental Map

Tax Map

Zoned DR-2 – Residential
For more information, please see Baltimore County Zoning Code.

NOTE: The sale comprises the entirety of the seller’s legal title to the property. There will be no price adjustment for any variance in acreage a survey or other lot size determination may reveal. Purchasers are responsible for conducting their own due diligence in advance of the auction. Please email info@ajbillig.com or call 410.296.8440 if you plan to inspect the property.

TAXES:
Published annual real estate taxes are $3,456.52, based on a full value tax assessment of $285,200. 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:
http://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx

TITLE:
The parcel is in fee simple and sold free and clear of liens

TERMS OF SALE:
A $5,000 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. 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 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.

No Buyer’s Premium!

Sale by Order of the Estate of Marion L. Conley, by:
Terry K. Sullivan, Personal Representative