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Holloway & Sullivan, LLC
7 St. Paul Street
Baltimore, MD 21202
To the Highest Bidder Above $50,000
“Fox Ridge Manor”
TWO STORY TOWNHOME
3 Bedrooms ◆ 1.5 Baths
Live Onsite Auction
948 KAYDEN LANE
Baltimore County, MD 21221
FRIDAY, OCTOBER 22, 2021
AT 12:30 P.M.
Pursuant to an Order of the Circuit Court for Baltimore County, passed in the matter of Joanne Machniak, Case No. C-03-FM-21-002570, the undersigned Guardian will sell the above-captioned property to the highest bidder on the premises as noted.
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.
The property is located in the Essex area of southeastern Baltimore County, southwest of MD-702, west of Middleborough Road, north of Marlyn Avenue and east of Back River. The surrounding neighborhood, Fox Ridge Manor, is comprised of well-maintained brick townhomes, built in the 1960s. Nearby public schools are Sandalwood Elementary, Deep Creek Middle and Chesapeake High, according to the county government web page. The property is close to shopping and all public amenities, including a nearby marina. Kayden Lane is a quiet cul de sac with about eight houses.
Level lot – 18′ x 115′. Plat
Concrete rear parking pad
Fenced rear yard
All public utilities
Two Story Inside-Group Covered Porchfront Townhome, built in 1962, containing 1,152 square feet of living area and 576 square feet of basement space, according to public tax records.
Exterior – all brick facade, composition shingle roof, vinyl-clad double-hung windows, full concrete block basement foundation
Mechanical – gas forced air heat and central air conditioning, 30-gallon gas water heater, 100-amp. electrical service, sump pump
The home is dated, but appears clean and well maintained. Some personal property will remain.
The property is sold free and clear of liens, subject to an annual $150 ground rent, payable half-yearly on the 20th days of March and September in each and every year. Baltimore County Deed Book OTG 4938, Page 181.
Published annual real estate taxes are $2,217, based on a full value assessment of $115,400.
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
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $10,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. If necessitated by price, the deposit shall be increased to 10% of the purchase price by 12:00 Noon, Monday, October 25, 2021, 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.
Terry K. Sullivan, Guardian of the Property of Joanne Machniak