Andrew G. Bailey, Attorney
409 Washington Avenue – Suite 300
Towson, MD 21204
Featuring Live & Online Simulcast Bidding
To The Highest Bidder Over $90,000
CAPE COD HOME
0.23± Acre ✦ Garage
– Needs Full Renovation –
393 BUTLER ROAD
Reisterstown, Baltimore County, MD 21136
Online Bidding Opens
WEDNESDAY, JULY 6, 2022
Live Onsite Auction
FRIDAY, JULY 8, 2022
AT 11:00 A.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.
393 Butler Road is located in the Glyndon area of Resiterstown in northwestern Baltimore County. The property sits about one block west of the Glyndon National Historic District. The surrounding community has more than 150 years of history, and has included such famous residents as T. Rowe Price. The Glyndon commercial district is less than one-quarter mile east, and features such well known establishments as Santoni’s, Glyndon Grill and Italiano’s J&P. The Reisterstown Main Street commercial district is about 0.7 mile south, providing groceries, restaurants, retail shopping and a variety of services. Surrounding homes have a significant variety of ages, sizes and styles, largely owing to the areas long, rich history. According to the Baltimore County Public Schools website, nearby schools are Franklin Elementary, Middle and High.
For more information about the area, please visit:
Baltimore County Government – www.baltimorecountymd.gov
Baltimore County Public Schools – www.bcps.org
Historic Glyndon, Inc. – historicglyndon.org
Reisterstown Improvement Association – www.reisterstown.com
Lot size – 0.23 acre, more or less, according to public tax records
The irregularly shaped lot fronts 75′ on Butler Road, and backs to a 20′ alley with access to a rear parking pad and detached garage. The lot is mostly level with some mature trees and landscaping.
All public utilities are believed to be in the property
Zoned DR 3.5 residential
One and one-half story Cape Cod home and detached 2 car garage. The home was constructed in 1951 and contains 1,080 square feet of living area, according to tax records. The home features a covered rear porch and vinyl clad replacement windows, and is arranged as follows:
First Floor –
Second floor –
1. The property is currently occupied by an associate of the decedent. No rent is being paid. The occupant has expressed an intention to move prior to closing. It shall be the purchaser’s responsibility to obtain physical possession of the property.
2. The property was previously the subject of a real property inspection. The inspection suggested possible structural support issues and/or floor joist damage.
In fee simple; and sold free and clear of liens.
Published annual real estate taxes are $2,188.50, based on a full value assessment of $141,200.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – 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 by 11:00 A.M., Monday, July 11, 2022 at the Auctioneer’s office.
Online Auction Bidders – a 10% deposit, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:30 p.m. on the day of auction, 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. All adjustments, including taxes, ground rent and 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. 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 waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the Purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. 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!
Sale by Order of the Estate of Leslie Dorothy Johnston