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REAL ESTATE AUCTION
$125,000 Suggested Opening Bid
Situated on Two Lots Totaling
Sale On Premises
9435 BELAIR ROAD
(U.S. ROUTE 1)
Baltimore County, MD 21236
FRIDAY, DECEMBER 20, 2019
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.
9435 Belair Road is situated on the east side of Belair Road (US-1), north of Joppa Road and south of Honeygo Boulevard, in the Nottingham area of northeastern Baltimore County. Surrounding properties are a mixture of residential and commercial land uses, including professional offices, automobile service, retail, restaurants and medical facilities.
Similar homes along Belair Road have been converted to office space, while others remain residential. Recent traffic counts near the property on Belair Road put vehicle traffic volume at more than 30,000 cars per day. According to the Baltimore County GIS website, nearby public schools are Gunpowder Elementary, Perry Hall Middle and Perry Hall High.
The property is comprised of two contiguous lots totaling 1.06 acres of land, as follows:
9435 Belair Road – Tax ID# 1101050050 is 0.225 acre, fronting approximately 50′ along Belair Road by a depth of approximately 200′.
Tax ID#1101050051 is 0.835 acre, situated in the rear of 9435 Belair Road and is approximately 54′ wide by 420′ deep.
The two lots will be sold together as an entirety.
The front portion of the property is improved by the home, a garage and has an asphalt driveway with parking for approximately 8 cars. The rear portion is grassy open space.
Utilities – public water, public sewer, gas, electricity, telephone, internet
Zoning – According to the Baltimore County GIS map, 9435 Belair Road is zoned ROA, residential office with a small portion in the rear zoned DR 3.5. The majority of the rear parcel is located in a DR 3.5 zoning district, with a small portion zoned DR 5.5.
Explanation of zoning classifications:
One and one-half story concrete block home, built in 1933, containing 1,516 square feet of living area and 936 square feet of basement space, according to public tax records.
Covered front porch
Vinyl-clad double hung windows
Full basement foundation
Architectural shingle roof (installed in 2019)
Vinyl trim on dormers
Open rear porch
Two-car concrete block detached garage
Wood floors throughout the first and second levels
Original architectural details including lead glass transom and windows
Gas hot water heat with radiators
Gas water heater
200 amp. electrical service
The property is in fee simple and sold free and clear of liens. Baltimore County Deed Book 14869, Page 723.
(derived from published public tax records):
|Property||Full Value Tax Assessment||Annual Real Estate Taxes|
|9435 Belair Road
Tax ID# 1101050050
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:
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 by 11:00 A.M., Monday, December 23, 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% buyers premium will be added to the final bid price.