"Catonsville"

Louis J. Weinkam, Jr., Esquire
1002 Frederick Road
Catonsville, MD 21228

$75,000 Opening Bid

TWO STORY HOME
– On 0.12± Acre –

Known As:
32 WINTERS LANE
Catonsville, Baltimore County, MD 21228

BIDDING OPENS:
MONDAY, MARCH 28, 2022

BIDDING CLOSES:
TUESDAY, MARCH 29, 2022
AT 12:00 NOON

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:
32 Winters Lane is located in the Catonsville area of western Baltimore County. Frederick Road, Catonsville’s “Main Street” is less than one-quarter mile south, and features an excellent variety of retail businesses and events throughout the year. There are also a great collection of restaurants nearby, including Franco’s Italian Bistro, Jennings Café and Catonsville Gourmet. Major employers in the area include UMBC, CCBC, Social Security and those situated in Downtown Baltimore and the BWI Commercial Corridor. The Baltimore Beltway (I-695) is easily accessible via either Frederick Road or Edmondson Avenue (ramps within 1 mile). According to the Baltimore County Schools website, nearby schools are Hillcrest Elementary, Arbutus Middle and Catonsville High. The property has been owned by the same family for approximately 63 years. The auction provides an opportunity to purchase a home that has been well-loved, but needs renovation, in a well-demanded and convenient location.

For more information about the area, please visit:
Baltimore County Government – www.baltimorecountymd.gov
Baltimore County Public Schools – www.bcps.org
Greater Catonsville Chamber of Commerce – catonsville.org

SITE:
Lot size – 5,532 square feet, or 0.127 acre, according to tax records
Curb cut and gravel driveway with parking for 3+ vehicles
All public utilities
Zoned DR 5.5 Residential

IMPROVEMENTS:
Two story traditional home – constructed in 1899, containing 888 square feet of living area above grade and 384 square feet of basement space. The home is vinyl-sided, with mixed windows and an asphalt shingle roof, and is arranged as follows: living room, dining room and kitchen with walk-out to rear yard, on the first floor; two bedrooms and bath, on the second floor; pull-down attic; unfinished basement.

TAX INFORMATION:
Published annual real estate taxes are $2,341.73, based on a full value assessment of $145,900.

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

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $7,500 deposit, or 10% of the purchaser price (whichever is greater), payable by cashier’s check or wire transfer, will be required of the purchaser by 4:30 P.M. on the day of the auction at the Auctioneer’s office, 6500 Falls Road, Baltimore, MD 21209. 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, 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!