$40,000 Opening Bid
0.20± Acre Corner Lot – Needs Full Renovation
1325 DENBRIGHT ROAD
Corner of Burnt Oak Road
Catonsville, MD 21228
FRIDAY, JULY 16, 2021
TUESDAY, JULY 20, 2021 AT 1:00 P.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.
1325 Denbright Road is located in the Catonsville area of western Baltimore County. The highly convenient location offers proximate access to I-695 (Baltimore Beltway), I-70, and Baltimore National Pike. Major employers in the area include the University of Maryland Baltimore County (UMBC), the Social Security Administration, and many more easily accessible via the surrounding commuter routes. Nearby parks include the Patapsco Valley State Park, which extends along 32 miles of the Patapsco River and offers an array of recreational opportunities such as hiking, fishing, camping, canoeing, and many more, according to DNR. Catonsville is a charming, small town with a very close-knit community and various dining and retail options located in the “Main Street” corridor. According to the Baltimore County Public Schools locator, nearby schools include Woodbridge Elementary School, Southwest Academy and Woodlawn High School.
Corner lot comprising 9,030 square feet or 0.207 acre, more or less. Plat
Zoning: DR 5.5, Density Residential
For more information about zoning, please visit:
A Citizens Guide to Zoning – www.baltimorecountymd.gov
Brick and vinyl siding ranch home – constructed in 1963, containing 1,500 square feet of living area and 1,500 square feet of basement space, according to public tax records. The property has substantial fire damage and needs complete renovation.
The property is in fee simple; and sold free and clear of liens.
Published annual real estate taxes are $3,360.48, based on a full value assessment of $209,900.
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 Tuesday, July 20 at 4:30 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.
No Buyer’s Premium!