Douglas C. Lauenstein, P.A.
9414 Belair Road, Suite 203, Nottingham, MD 21236
To The Highest Bidder Above $100,000
ONE STORY RANCHER
3 Bedrooms ◆ 2 Baths
– Renovation Needed –
Sale On Premises
4103 CLIFFVALE ROAD
Opposite Perry Hall Swim Club
Baltimore County, MD 21236
WEDNESDAY, MARCH 23, 2022
AT 11:00 A.M.
Open for Viewing at 10:00 A.M.
No Prior Inspections or Pre-Auction Offers
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.
4103 Cliffvale Road is located in the Nottingham area of northeastern Baltimore County, west of Belair Road (US-1). The surrounding neighborhood is a mixture of detached single family homes, predominantly built in the 1950s and 1960s. Neighborhood home sales for the past six months ranged from $236,000 to $365,000. Nearby public schools are Gunpowder Elementary, Perry Hall Middle and Perry Hall High, according to the Baltimore County government web site. Restaurants, shopping and public transportation are within walking distance.
Level lot 72.88′ x 162.28′, comprising 0.268 acre. Plat
Zoning DR 3.5, residential
Utilities – public water, public sewer, gas, electricity, telephone, internet
One Story Rancher – built in 1957, comprising 1,218 square feet of living area, 1,218 square feet of basement space and 64 square foot screened porch, according to public tax records.
Exterior – aluminum siding, formstone trim, vinyl-clad double-hung windows, composition shingle roof, full concrete block basement foundation
First Floor – wood floors throughout
Mechanical – gas hot water baseboard heat (inoperable), central air conditioning (inoperable), gas water heater, 100 amp. electrical service.
The home needs updating, cleaning and contains personal property which will not be removed.
The property is in fee simple and will be sold free and clear of liens. Baltimore County Deed Book GLB 3259, Page 164.
Published annual real estate taxes are $3,565, based on a full value assessment of $231,900.
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 $15,000 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 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. A 5% buyer’s premium will be added to the final bid price.
Estate of Audrey M. Smith