"Hydes"

REAL ESTATE AUCTION

c. 1954
TRADITIONAL HOME
– On 1.85± Acres –

Sale On Premises
13301 BOTTOM ROAD
Near Fork Road
Hydes, Baltimore County, MD 21082

TUESDAY, OCTOBER 30, 2018
AT 11:00 A.M.

– Suggested Starting Bid: $250,000 –

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:
13301 Bottom Road is located in the Hydes – Baldwin area of northeastern Baltimore County. The property is situated approximately one-quarter mile west of Fork Road, and two miles north of the Fork commercial district. Bel Air is approximately 7 miles northeast, I-95 and I-695 are approximately 9 miles away to the southeast and south, respectively. The area retains an agrarian appeal with suburban access to major employers throughout the area. Surrounding properties are a mix of traditional home sites, farms and wooded tracts. According to the BCPS.orh school locator, nearby schools are Carroll Manor Elementary, Cockeysville Middle and Loch Raven High.

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

SITE:
The property is comprised of two lots comprising 1.85 acres, more or less

• Tax ID 1118072750: 1.39 acres
• Tax ID 2200027512: 0.46 acre

The lot is mostly clear, with mature trees and landscaping

In-ground pool with patio surround

Detached 3 car garage

Garage & workshop building

Gazebo, brick retaining walls & planter beds

The property is serviced by private well and septic. Well Test Report

Zoning – RC-2 – Agriculture
For more information, see:
http://bcgis.baltimorecountymd.gov/ZoningReports/RC%202.pdf
https://www.baltimorecountymd.gov/Agencies/planning/zoning/citizensguide.html

IMPROVEMENTS:
Expanded one and one-half story brick traditional home – the home was constructed in 1954, contains 2,138 square feet of living area and 1,092 square feet of basement space, according to public tax records. The home has been expanded incrementally over the family’s 45+ years of ownership, with total finished square footage likely in excess of what is stated in the tax records. The home features a two car detached garage, in-law suite with separate, exterior entrance, enclosed sun porch, ample living and dining spaces.

Exterior
Brick and siding exterior
Mixed windows
Asphalt shingle roof
Aluminum downspouts and rain gutters

Interior

In-law apartment:

• Bedroom – carpet
• Bathroom – laminate
• Electric baseboard heat

First floor:

• Sun room – carpet
• Family room – carpet
• Dining room – carpet
• Bedroom – carpet
• Full bathroom – ceramic tile
                 Shower/bath ceramic tile
• Living room – carpet
                 Brick wood burning fireplace
• Kitchen – laminate floors and counter top
                 Electric range oven, fridge/freezer, dishwasher and built in microwave

Second floor:

• Bedroom – carpet over hardwood
                 Sitting room and built in storage
• Bedroom – carpet over hardwood
                 Sitting room and built in storage
• Full bathroom – ceramic tile floor
                 Large vanity and shower stall

Basement/mechanical:

• Club room – tile floor
• Laundry utility area
                 Washer/dryer, utility sink, flush
• Workshop with one bay garage
• 150 amp electrical service
• Baseboard heat
• Oil boiler

TITLE:
The property is in fee simple and sold free and clear of liens.

TAXES:
Published annual real estate taxes:

• Tax ID 1118072750: $1,867.16 based on a full value tax assessment of $343,000
• Tax ID 2200027512: $60.60 based on a full value assessment of $5,000

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

SUMMARY TERMS OF SALE – PLEASE REFER TO THE CONTRACT FOR THE COMPLETE TERMS OF SALE:
A $20,000 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 on December 14, 2018, or earlier if agreed to in writing by the parties. 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, 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. Purchaser agrees to waive any right of rescission under Baltimore County well yield requirements.  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!