Holloway & Sullivan, LLC
One North Charles Street – Suite 2525
Baltimore, MD 21201
$50,000 Suggested Opening Bid
4 Bedroom ◆ 2.5 Bath
– Needs Complete Renovation –
Sale On Premises
4330 DANLOU DRIVE
Baltimore County, MD 21207
TUESDAY, JANUARY 16, 2018
AT 11:00 A.M.
Pursuant to an Order of the Circuit Court for Baltimore County passed in the matter of Brenda Farmer, Case No. 03T17000057, the undersigned will sell at Public Auction, on the premises, the above-captioned property.
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.
4330 Danlou Drive is located in western Baltimore County, in the Milford Mill – Villa Nova area. Neighborhood housing is a mixture of single-family home styles, townhomes and some garden apartments. According to the Baltimore County government web site, nearby public schools are Bedford Elementary, Pikesville Middle and Woodlawn High. The home is within walking distance of the MTA Milford Mill subway station.
Rectangular lot 55′ x 110′
Public water, sewer, electricity, telephone, cable
Zoning DR 5.5, residential
Two-car concrete driveway
Two Story Aluminum Siding Colonial Home, built in 1976, containing 1,824 square feet of living area and 864 square feet of basement space. The home has a composition shingle roof, vinyl double hung windows, a rear wooden sun deck and full basement with outside exit. The home contains a foyer, living room, dining room, eat-in kitchen, family room with brick fireplace, 4 bedrooms, 2.5 baths, basement, electric heat pump and central air conditioning. The home has water damage and needs renovation.
The property is in fee simple and is sold free and clear of liens. Baltimore County Deed Liber 6874, folio 275.
Published annual real estate taxes are $2,543, based on a full value assessment of $184,667. 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 $7,500 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 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.
Terry K. Sullivan, Guardian of the Property of Brenda Farmer