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REAL ESTATE AUCTION
– On 1.33± Acres –
Sale On Premises
1304 WOODSHOLE ROAD
Near E. Seminary Avenue
Towson, Baltimore County, MD 21286
WEDNESDAY, JUNE 26, 2019
AT 11:00 A.M.
– SUGGESTED OPENING BID: $375,000 –
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.
1304 Woodshole Road is located in the Hampton neighborhood in Towson. Hampton sits just north of the Baltimore Beltway (I-695), and is named for the Hampton National Historic Site, which is situated at the southwest corner of the neighborhood. Neighborhood homes were constructed primarily in the 1950’s and 1960’s, and consist of a variety of architectural styles. The community is well known for its historical roots, well sized lots, amply sized homes and excellent proximity to I-695, I-83 and central Towson. The Loch Raven Reservoir area, which includes the Pine Ridge Golf Course, walking trails and other recreational opportunities, is immediately north of the neighborhood. According to bcps.org, nearby schools are Hampton Elementary, Ridgely Middle and Loch Raven High.
Lot size: 1.33 acres, more or less, according to public tax records
Known as lot 35, Plat Number 2, Section “C”, in the Hampton subdivision, recorded in the Baltimore County Land Records at Plat Book GLB 19, page 130
The lot features approximately 210′ of frontage along Woodshole Road
Concrete driveway and parking area for multiple vehicles (potential use as sports court)
Mature landscaping with architectural elements, planter beds, herb garden and yard space
Public water and private septic
Stone and siding ranch home with three car attached garage – constructed in 1963, containing 2,376 square feet of living area above grade and 2,376 square feet of mostly finished basement space. The home has been substantially updated over the last 15 years, featuring an attractive approach, multiple zone heat and air conditioning, in-law suite, master suite and extensive entertaining space.
Stone and siding facade
Asphalt architectural shingle roof
Vinyl-clad replacement windows
Attached two car garage and one car garage
Front patio and rear deck
The property is in fee simple and sold free and clear of liens.
Published annual real estate taxes are $5,335, based on a full value assessment of $479,600.
Please refer to the contract of sale for complete terms and conditions. A $35,000 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. 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, including agricultural transfer tax, if any, 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.
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