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Rob Goldman Legal Solutions
6800-B Holabird Avenue, Dundalk, MD 21222
$60,000 Opening Bid
Raze or Rehabilitate
Sale On Premises
3163 BAYBRIAR ROAD
Off Sollers Point Road
Baltimore County, MD 21222
THURSDAY, AUGUST 26, 2021
AT 12:00 NOON
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.
3163 Baybriar Road is located in a water-oriented community along Bullneck Creek, located near the end of Merritt Boulevard, adjacent to Starr Marina. The surrounding neighborhood is comprised of single family detached homes. Many have been substantially updated and expanded. Nearby public schools are Logan Elementary, Dundalk Middle and Dundalk High, according to the Baltimore County government web site. Shopping and community services are nearby on Merritt Boulevard, as is public transportation.
0.24 acre lot, irregularly shaped, fronting 28′ along the cul de sac of Baybriar Road, by a depth of 176′ and a rear lot line of 120′. See plat.
Zoning DR 5.5, residential
All public utilities
One story stucco bungalow, built in 1942, containing 952 square feet of living area, according to public tax records.
The home has an asphalt shingle roof, wood double-hung windows and contains a living room, kitchen, two bedrooms, bath, office, attic and basement. The house needs complete renovation and cleanout.
The property is in fee simple and will be sold free and clear of liens. Baltimore County Deed Book JLE 31756, Page 118. Also known as Lot 32, Block 8, Plat 7, Dundalk, recorded among the Plat Records of Baltimore County in Plat Book CHK 13, Page 22.
Published annual real estate taxes are $1,873, based on a full value assessment of $126,533.
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 $6,000 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. 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, as well as existing housing violation notices. 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.
Rob Goldman, Personal Representative of the Estate of August M. Wagner