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Louis J. Weinkam, Jr., Attorney
1002 Frederick Road
Catonsville, MD 21228
ONLINE ESTATE AUCTION
819 EDMONDSON AVENUE
Baltimore County, MD 21228
FRIDAY, AUGUST 7, 2020
MONDAY, AUGUST 10, 2020 AT 12:00 PM
$90,000 Opening Bid
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.
819 Edmondson Avenue is located just west of I-695 and south of Baltimore National Pike (US-40) in western Baltimore County. The home is situated just one block away from Frederick Road, the “Main Street” of Catonsville, where residents can enjoy dining, retail, farmers markets, concerts, such as Frederick Road Fridays, and different festivals throughout the year. Within close proximity of the home are local restaurants, Franco’s Italian Bistro, Catonsville Gourmet and the Caton Tavern, coffee shops, Atwater’s, and many other local dining and entertainment venues. Nature lovers can enjoy the trails and scenic views from Patapsco Valley State Park, within 2.5 miles. Major employers in the area include University of Maryland Baltimore County (UMBC), Community College of Baltimore County (CCBC) and Saint Agnes Hospital. According to the Baltimore County Public Schools locator, nearby schools include Hillcrest Elementary School, Arbutus Middle School and Catonsville High School.
Triangular lot, comprising 0.104 acre of land
All public utilities
2-car asphalt driveway
Fenced rear yard
One and one half story brick and siding bungalow, built in 1955, containing 1,311 square feet of living area and 886 square feet of basement space.
The property is in fee simple and sold free and clear of liens. Baltimore County Deed Book 8568, Page 144.
Published annual real estate taxes are $3,145.37, based on a full value assessment of $199,500 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: Assessment Appeal Process.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $7,500 deposit, or ten percent (10%) of the Purchase Price (whichever is greater), in cash or cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer, within 24 hours of Monday, August 10, 2020 at 12:00 Noon (the bid closing). 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, 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:
Estate of Charles A. Eder