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Onsite & Online Simulcast Bidding
$200,000 Opening Bid
ONE STORY BUNGALOW
3-4 Bedrooms ◆ 2 Baths
Large Detached Garage with Carport
& ADDITIONAL 0.69± ACRE LOT
Known As
2419 POPLAR ROAD
Essex, Baltimore County, MD 21221
Online Bidding Opens
MONDAY, AUGUST 15, 2022
Live Onsite Auction
WEDNESDAY, AUGUST 17, 2022
AT 2:00 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:
Cedar Beach 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 and several marinas are nearby.
SITE:
The property is comprised of three lots on two tax bills. Total lot size is 1.042 acres
The homesite is situated on two lots, approximately 100′ x 150′, comprising 0.344 acre of land. To the rear of the homesite is an undeveloped parcel, approximately 150′ x 228′, comprising 0.698 acre.
Zoning RC-5, resource conservation residential
Public water and sewer
Macadam driveway with parking for approximately 8 vehicles
IMPROVEMENTS:
One Story Porchfront Bungalow, built in 1959, containing 1,122 square feet of living area, plus full basement and 1,140 square foot garage, according to public tax records. Recent updates include: new carpeting, new cabinets, and updated bathroom.
Exterior – vinyl siding, covered front porch, vinyl-clad double-hung windows, composition shingle roof, concrete block basement foundation, two-car garage with carport and storage room
First Floor
Basement
Mechanical – oil forced air heat, central air conditioning, electric baseboard heat in basement, 200-amp. electrical service, electric water heater, sump pump
TITLE:
The property is in fee simple and sold free and clear of liens.
TAXES:
Published tax assessment information:
Tax Account #0415170001105, 0.344 acre with improvements, $3,348 annual taxes, based on a full value assessment of $175,867.
Tax Account #04151513401393, 0.698 acre, $92 annual taxes, based on a full value assessment of $7,600.
Total annual real estate taxes are $3,440.
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 – dat.maryland.gov
TITLE:
The property is in fee simple and sold free and clear of liens. See Baltimore County Deed Book 46901, Page 146 for metes and bounds description, or refer to the plat link above.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – 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.
Online Auction Bidders – A 10% deposit, payable by cashier’s check or wire transfer is due by 4:00 p.m. on the day of auction.
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, and subject to any encroachments that might be revealed by a survey of the property, 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.