"Cedar Beach"

Featuring Live & Online Simulcast Bidding
$250,000 Opening Bid

WATERFRONT HOME
3 Bedrooms ◆ 2.5 Baths
150′ Pier with Boat Lift
2 Lots – Total 0.499± Acre

Known As
2304 POPLAR ROAD
Baltimore County, MD 21221

Online Bidding Opens
MONDAY, MAY 10, 2021

Live Auction Begins
THURSDAY, MAY 13, 2021
AT 12:00 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.

LOCATION:
2304 Poplar Road is located along Sue Creek, in the Essex area of southeastern Baltimore County, north of Back River and south of Middle River. Sue Creek is a protected cove leading from Middle River to Chesapeake Bay. The area is rural-residential in character with a wide variety of home styles. Nearby public schools are Middleborough Elementary, Deep Creek Middle and Chesapeake High, according to the Baltimore County government web site. Cedar Beach has good access to the metropolitan area from nearby MD-702. The area abounds with water-oriented recreational activities. Rocky Point Golf Course is nearby and a small marina is located next door.

SITE:
The property is comprised of two contiguous lots, each 50′ wide. Total lot size is approximately 100′ x 219′, comprising 0.449 acre of land. Plat

Mean low water is approximately 5′, according to the NOAA depth chart.

Public water and sewer

Zoning RC-5, resource conservation residential

Partially stockade fenced
Patio with ornamental fish pond
Second patio facing Sue Creek
Wood deck overlooking Sue Creek
150′ pier with boat lift and electricity
Wood seawall and boardwalk with swim ladder
Asphalt driveway with 10-car parking
Detached two-car garage
Attached two-car garage with Half-Bath

IMPROVEMENTS:
One story bungalow with finished attic and partial basement. The home was built in 1924 and expanded through the years. According to public tax records, the house comprises 1,844 square feet of living area and 420 square feet of basement space.

Exterior
Vinyl siding, recently installed architectural shingle roof, vinyl-clad double-hung and casement windows, concrete block foundation

First Floor

• Large Living Room – wood burning fireplace, vinyl laminate flooring, 3 ceiling fans, open to
• Sun Room – vinyl laminate flooring
• Eat-in Kitchen – vinyl floor, wood cabinets, laminate counters, electric range/oven, dishwasher, refrigerator
• Master Bedroom – vinyl laminate flooring, ceiling fan, en-suite Master Bathroom with shower and stacking washer/dryer
• Bedroom #2 – carpeting
• Full Bathroom – vinyl floor, linen closet

Attic

• Bedroom #3 – wood floor
• 2 Additional Rooms – wood floor

Basement – Unfinished

Mechanical – Oil forced air heat, central air conditioning, electric water heater, sump pump, 150-amp. electrical service

The home is clean and habitable “as is”. The property is also suitable for renovation or redevelopment.

TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore County Deed Book JLE 34872, Page 210.

TAXES:
Published annual real estate taxes are $4,730, based on a full value assessment of $326,533.
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 $20,000 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. If purchased by an Online Bidder, the 10% deposit, by wire transfer or cashier’s check, is due by 4:30 p.m. on the day of the auction, at the Auctioneer’s office. 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 to settle the Estate of Kathryn A. Wright