"Lansdowne - Riverview"

Robert C. Lidston, Attorney
1334 Sulphur Spring Road
Halethorpe, MD 21227

ESTATE SALE
– $30,000 Suggested Opening Bid –

“RIVERVIEW”

TWO STORY
PORCHFRONT TOWNHOME

Sale On Premises
445 CALEDONIA AVENUE
Near Hollins Ferry Road
Baltimore County, MD 21227

TUESDAY, FEBRUARY 18, 2020
AT 2:00 P.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.

LOCATION:
445 Caledonia Avenue is located in the Riverview neighborhood of southwestern Baltimore County. The neighborhood is predominantly comprised of two story townhomes, built in the 1950s. The property is just off of Hollins Ferry Road, which provides public bus service along with dining, retail and entertainment options for residents. According to the Baltimore County government web site, nearby public schools include Riverview Elementary, Lansdowne Middle and Lansdowne High School. For commuters, the home is located within a mile of I-695, a mile and a half of I-895 and within three miles of the Baltimore Washington Parkway (US 295).

For more information about the area, please visit these pages:
Baltimore County Government – baltimorecountymd.gov
School Boundaries Search – bcps.org

SITE:
Lot size: 3,776 square feet, or 0.087 acre, more or less
Partially fenced yard
Public utilities
Concrete driveway

IMPROVEMENTS:
Two story brick end-of-group porchfront townhome – the home was constructed in 1957 and contains 1,024 square feet of living area, according to public tax records. The home is arranged for a living room and kitchen on the first floor; 3 bedrooms and bath on the second floor; basement. Needs renovation.

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

TAXES:
Published annual real estate taxes are $1,983, based on a full value assessment of $97,800. 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.

SUMMARY TERMS OF SALE (Please see the contract of sale for complete terms):
A $5,000 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, 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 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!

Auction by order of the Estate of Clifford Lewis