"Catonsville - Paradise Area"

$75,000 Opening Bid

BRICK & STONE
END UNIT TOWNHOME
– Arranged for 3 Dwelling Units –

KNOWN AS
6211 FREDERICK ROAD
Near Cherrydell Road
Catonsville, Baltimore County, MD 21228

BIDDING OPENS:
WEDNESDAY, OCTOBER 21, 2020

BIDDING CLOSES:
FRIDAY, OCTOBER 23, 2020 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:
6211 Frederick Road is located in the Paradise area of Catonsville in western Baltimore County. Paradise is located along Frederick Road between the Baltimore City line and Baltimore Beltway (I-695). The neighborhood has a village center on Frederick Road, about one-quarter mile west of the property, which features restaurants, retail shopping, offices and neighborhood services. The surrounding Catonsville area features an array of additional dining and shopping options. There are a number of major employers nearby, including UMBC, the Social Security Administration and Charlestown Senior Living Community. The Baltimore Beltway is less than 1 mile west, I-95 is a little over 3 miles south and I-70 is about 3 miles north, all providing excellent commuter options throughout the area. According to the BCPS school boundary search, nearby schools are Westowne Elementary, Arbutus Middle and Catonsville High.

For more information about the area, please visit:
Catonsville – www.visitmaryland.org
Catonsville – www.catonsville.org
Catonsville – www.niche.com
School Boundaries – www.bcps.org

SITE:
Lot size – 19′ x 100′, more or less

Fronts 19′ along Frederick Road, and 100′ along a vehicle accessible alley. The rear of the property is bound by another vehicle accessible alley.

Attached rear garage. Mature landscaping. All public utilities.

Zoning: DR 10.5, residential. Please contact Baltimore County regarding approved use.

For more information about zoning, please visit:
A Citizen’s Guide to Zoning – www.baltimorecountymd.gov

IMPROVEMENTS:
Brick and stone end-of-group townhome with attached garage – constructed in 1937, containing 1,292 square feet of living area and 624 square feet of mostly finished basement space, according to tax records. The home is arranged for three full floor dwelling units. Needs updating and cosmetic repair.

Exterior:

• Brick and stone construction
• Mostly slate roof, asphalt shingle along a rear bump-out
• Mostly vinyl-clad replacement windows
• Front and rear terraces
  Aluminum down spouts and rain gutters
• Steel fire escape (rear)

First Floor:

• Living room – wood floor
• Bedroom – wood floor
• Kitchen – laminate floor
• Full ceramic tile bath

Second Floor:

• Living room – wood floor
• Bedroom – wood floor, walk-out to front terrace
• Kitchen – laminate floor, walk-out to rear deck
• Full ceramic tile bath

Basement/Mechanical:

• Bedroom – carpet
• Living room/kitchen combo
• Full updated bath
• Oil radiant heat
• 4 electric meters

TITLE:
The property is in fee simple and sold free and clear of liens.

TAXES:
Published annual real estate taxes are $2,809.07, based on a full value assessment of $167,333.

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 $10,000 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, by Monday, October 26, 2020 at 12 P.M. 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. A 5% buyer’s premium will be added to the final bid price.