"Essex"

REAL ESTATE AUCTION

BUNGALOW
On 1.35± Acres

– SUBDIVISION POTENTIAL –

Sale On Premises
211 HOMBERG AVENUE
Near North Avenue
Baltimore County, MD 21221

THURSDAY, SEPTEMBER 7, 2017
AT 11:00 A.M.

– Suggested Opening Bid: $120,000 –

      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:
211 Homberg Avenue is located in Essex in eastern Baltimore County. Essex is a water oriented community, surrounded by Middle River, Back River and several smaller creeks. There are marinas, waterfront restaurants and marine businesses located close-by. The property is situated a short distance south of Eastern Boulevard, within one mile of Southeastern Boulevard (MD-702). The Baltimore Beltway (I-695) and I-95 are easily accessible via Southeastern Boulevard and Eastern Boulevard. There are restaurants, service businesses, offices, government services and a grocery store within one-half mile. Homberg Avenue runs for approximately one-half mile between Old Eastern Avenue and E. Homberg Avenue, ending at Martindale Park. According to Baltimore County My Neighborhood, nearby schools are Deep Creek Elementary, Deep Creek Middle and Kenwood High.

For more information about the area, please visit:
http://bcgis.baltimorecountymd.gov/myneighborhood/
and
http://www.baltimorecountymd.gov/

SITE:
Lot size: 1.35 acres, more or less, according to public tax records

The lot fronts 100′ on Homberg Avenue, with approximate depths of 519′ and 570′, with a rear lot line of 111′.

Gravel driveway

Two car carport

Shed

Rear deck

Zoned DR 5.5 (5.5 units/acre), residential
Baltimore County Citizen’s Guide to Zoning:
http://www.baltimorecountymd.gov/Agencies/planning/zoning/citizensguide.html

All public utilities

IMPROVEMENTS:
Bungalow with covered front porch – according to public tax records, the home was constructed in 1939. The home features vinyl clad replacement windows, asphalt architectural shingle roof, updated flooring and finished basement.

Interior
First floor:
Living room – laminate, wood-like flooring
Dining room – laminate flooring
Kitchen – laminate flooring, laminate counter tops, stainless appliances and walk-out to rear deck
Bedroom – laminate flooring
Bedroom – carpet
Full bathroom – ceramic tile flooring

Finished basement:
Family room – composite floor, wood stove
Powder room – ceramic tile floor
Laundry and utility area

Storage attic

Mechanical
Gas fired hot water heat
40 gallon gas water heater

TITLE:
In fee simple; and sold free and clear of liens.

TAXES:
Published annual real estate taxes are $2,167, including a special assessment of $575, based on a full value assessment of $132,000.

TERMS OF SALE:
A $10,000 deposit, payable by certified check or 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. All adjustments, including taxes, ground rent, 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 settlement 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!