"Middle River"

– Opening Bid: $35,000 –

MIDDLE RIVER

RESIDENTIAL LOT
0.21± Acre ● Zoned DR 5.5

Known As:
BALLARD AVENUE
Tax ID: 1506451821
Between 1513 & 1519 Foltz Avenue
Baltimore County, Maryland 21220

BIDDING OPENS:
WEDNESDAY, MAY 8, 2024

BIDDING CLOSES:
FRIDAY, MAY 10, 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:
The subject property is located in the Middle River area of eastern Baltimore County. The lot fronts on Foltz Avenue a short distance east of Ballard Avenue, positioned between 1513 and 1519 Foltz Avenue. The location is exceptionally convenient, with proximate access to Martin Boulevard (MD-700), Eastern Boulevard (MD-150), Pulaski Highway (US-40), I-95 and the Baltimore Beltway (I-695). Retail shopping and dining options are available within one-half mile at Martin Plaza Shopping Center, with many more options nearby. There are plenty of recreational facilities in the area also, many of which are waterfront and maritime oriented. According to the Baltimore County Public School locator app, nearby schools are Martin Boulevard Elementary, Middle River Middle and Kenwood High.

For more information, please see:
Baltimore County Government – www.baltimorecountymd.gov
Baltimore County Public Schools – www.bcps.org
Baltimore County My Neighborhood – bcgis.baltimorecountymd.gov
Middle River – www.niche.com

SITE:
Lot size: 0.212 acre, more or less

The lot is mostly level and clear. Fronts approximately 100′ on Foltz Avenue with depths of approximately 93′.

Public water and sewer are believed to be in adjoining properties

ZONING:
DR 5.5 Residential

For more information about Baltimore County Zoning, please visit:
Permits, Approvals and Inspections (PAI) – www.baltimorecountymd.gov

TITLE:
In fee simple; and sold free and clear of liens.

TAXES:
Published annual real estate taxes are $736.90 based on a full value assessment of $60,800.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $5,000 deposit, or ten percent (10%) of the Purchase Price (whichever is greater), in a cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer, by Friday, May 10, 2024 at 4 P.M. (Eastern). 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, ground rent and 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. The Property will be sold subject to Baltimore County violation notices, 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 except where otherwise mandated by local, State or Federal law. Time is of the essence. A 5% or $2,500 buyer’s premium, whichever is greater, will be added to the final bid price.