"Dundalk - Willow Spring Park"

 REAL ESTATE AUCTION 

$100,000 Suggested Opening Bid

“Willow Spring Park”

TWO STORY
CONTEMPORARY HOME
4 Bedrooms ◆ 2.5 Baths

– REPAIRS NEEDED –

Sale On Premises
1909 JACKSON ROAD
Off Sollers Point Road
Baltimore County, MD 21222

WEDNESDAY, MAY 31, 2017
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:
1909 Jackson Road is situated in southeastern Baltimore County, east of Dundalk Avenue, south of Holabird Avenue, west of Sollers Point Road and north of Delvale Avenue. The surrounding neighborhood is a mixture of housing types and styles. Nearby public schools are Norwood Elementary, Holabird Middle and Dundalk High, according to the Baltimore County government web site. The neighborhood is within walking distance to shopping and public transportation and is convenient to the Baltimore Beltway (I-695).

SITE:
Rectangular lot 50′ x 95′
All public utilities
Zoning DR 5.5, residential
Off-street parking for 5 cars
Fenced rear yard with paver patio and covered deck

IMPROVEMENTS:
Two Story Contemporary Home, originally constructed in 1941 (according to public tax records) and extensively remodeled and improved in the early 2000’s. The home is believed to contain approximately 2,200 square feet of living area.

Exterior
Vinyl siding
Composition shingle roof, aluminum rain spouts
Vinyl-clad double hung windows

First Floor – wood-look vinyl laminate floors, except as noted

• Foyer with coat closet
• Office
• Living Room
• Dining Room, exit to covered deck
• Kitchen, ceramic title floor, wood cabinets, granite counters, pantry
• Laundry Room
• Half-Bath, ceramic tile floor

Second Floor – carpeting, except as noted

• Large Master Bedroom, walk-in closet
• En-Suite Full Master Bathroom, ceramic tile
• Bedroom #2
• Bedroom #3
• Bedroom #4
• Full Hall Bathroom, ceramic tile

Mechanical
200 ampere electrical service
Ducted for forced air heat, air conditioning removed

The home needs cosmetic repairs and replacement of some plumbing fixtures.

TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore County Deed Liber 27403, Page 160.

TAXES:
Published annual real estate taxes are $2,722, based on a full value assessment of $170,100. 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:
http://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx

TERMS OF SALE:
A $10,000 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. 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.