"Parkville - Carney Grove"

Louis B. Price, Attorney
Brocato, Price & Janofsky, LLC
309 Allegheny Avenue
Towson, MD 21204

ESTATE AUCTION

“Carney Grove”

RESIDENTIAL LAND
0.849± Acre ◆ Zoned DR 5.5/DR 3.5
2 Houses & Garage

Sale On Premises
3309 E. JOPPA ROAD &
9534 BURTON AVENUE
Corner Joppa Road & Burton Avenue
Baltimore County, MD 21234

THURSDAY, APRIL 25, 2019
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:
The properties are located in the Parkville area of northeastern Baltimore County, east of Harford Road (MD-147) and west of Walther Boulevard, in the Carney Grove subdivision. Properties along Joppa Road are a mixture of residential and small commercial land uses. The neighborhood is within one mile of the Baltimore Beltway (I-695) and within walking distance of local shopping and services. Nearby public schools are Carney Elementary, Pine Grove Middle and Parkville High, according to the Baltimore County government web site. The property is comprised of a series of contiguous lots, as described below.

Suggested Opening Bid – $50,000 per Parcel.

3309 E. JOPPA ROAD:
Southwest corner of Joppa Road and Burton Avenue, comprising 0.289 acre of land, according to public tax records. Zoning DR 5.5, residential. Public utilities.

Baltimore County Deed reference Liber 7262, page 563, consisting of Lots 38, 39, 40 and 41, Plat of Carney Grove; saving and excepting the property described in the County Highway Deed recorded at Liber 8809, page 166. In fee simple.

The property is improved by a one and one-half story shake shingle Cape Cod home, with composition shingle roof, wood double-hung windows and enclosed front porch. First floor contains a living room, dining room, den, kitchen, rear room and full bath; second floor has one room; unfinished basement; oil forced air heat; wood floors. Home is in poor condition.

Published annual real estate taxes are $2,121, based on a full value assessment of $134,933 (Tax Account No. 04111120000300). 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

9534 BURTON AVENUE:
The property consists of two tax parcels, comprising 0.404 and 0.156 acre, respectively, or 0.56 acre, according to public tax records. Zoning DR 3.5, residential. Public utilities. The property is contiguous to the south side of 3309 E. Joppa Road.

Baltimore County Deed reference Liber 7314, page 292, consisting of Lots 42, 43, 44, 45, 46 and 47, Carney Grove. In fee simple.

The property is improved by a concrete block four-car detached garage with a second floor loft and a two story stucco home in shell condition.

Published annual real estate taxes are $3,315, based on a full value assessment of $207,200 (Tax Account No. 04111113075527 and 04111120000625). 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

MANNER OF SALE:
First Offering – 3309 E. Joppa Road (Deposit $5,000). Second Offering – 9534 Burton Avenue (Deposit $5,000). Third Offering – Entirety (Deposit $10,000). The sale will be made in the manner producing the greater amount.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Deposits as stated above under Manner of Sale, 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.

No buyer’s premium.

Estate of George Richard Moore