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Robert C. Lidston, Attorney
1334 Sulphur Spring Road
Halethorpe, MD 21227
– $50,000 Suggested Opening Bid –
– On 0.14± Acre –
Sale On Premises
404 TOWNSEND AVENUE
Off Ritchie Highway
Anne Arundel County, MD 21225
WEDNESDAY, OCTOBER 2, 2019
AT 10:00 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.
404 Townsend Avenue is located in the Brooklyn Park area of northern Anne Arundel County. Brooklyn Park is situated immediately east of the Baltimore City line. The location is one of the most convenient in the area, with excellent proximity to several major highways, including I-695 (Baltimore Beltway), I-895, I-97, I-95 and I-195. Major employers are nearby, including those surrounding the Baltimore Washington International Thurgood Marshall Airport (approximately 8 miles) and the Port of Baltimore Fairfield Marine Terminal (approximately 3 miles). Shopping, dining and neighborhood services are along Ritchie Highway (MD-2), approximately one-half mile west.
According to the Anne Arundel County public schools website, nearby schools are Park Elementary, Brooklyn Park Middle and North County High.
Lot size: 6,250 square feet, or 0.143 acre, more or less
Partially fenced yard
Asphalt parking area for 1-2 vehicles
Zoning R-5, residential
One and one-half story bungalow – the home was constructed in 1940, contains 888 square feet of living area and 888 square feet of basement space, according to public tax records. The home contains a front porch, living room, dining room, kitchen, 2 bedrooms, 1 bath and basement.
In fee simple; sold free and clear of all liens.
Published annual real estate taxes are $1,828, based on a full value assessment of $159,600. 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:
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. 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, 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.
No Buyer’s Premium!
Auction by order of the Estate of Clifford Lewis