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Featuring Live & Online Simulcast Bidding
– $150,000 Opening Bid –
– Arranged for 3 Dwelling Units –
9616 MASON AVENUE
Parkville, Baltimore County, MD 21234
Online Bidding Opens
TUESDAY, JUNE 21, 2022
Live Onsite Auction
THURSDAY, JUNE 23, 2022
AT 1:00 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.
9616 Mason Avenue is located in the Carney View neighborhood in the Parkville area of Baltimore County. Carney View was originally developed in the early 1920’s, and comprises roughly 100 homes. Neighborhood architecture varies between age of construction, size and orientation, with many homes having been significantly updated and expanded since their original construction.
The location offers a number of conveniences. Several options for groceries, retail shopping and dining are nearby along E. Joppa Road. The Baltimore Beltway (I-695) is a little over one mile west via Perring Parkway. Major employment centers in White Marsh, Towson and Downtown Baltimore are all easily accessible.
According to the Baltimore County Schools website, nearby schools are Harford Hills Elementary, Pine Grove Middle and Loch Raven High.
For more information about the area, please visit:
Baltimore County Government – www.baltimorecountymd.gov
Baltimore County Public Schools – www.bcps.org
Lot size – 7,841 square feet, or 0.182 acre, more or less, according to public tax records
Roughly 44′ front and rear, with depths of 180′
Concrete driveway and asphalt parking pad suitable for 3+ vehicles
All public utilities
Zoned DR 5.5 Residential. Approved for one living unit in main structure, and one living unit in the rear accessory structure, according to Baltimore County Zoning.
Please see the link below for more information about Baltimore County Zoning.
What Is Zoning – www.baltimorecountymd.gov
The property is improved by two detached bungalows as further detailed below. Both homes have a lead free certificate, linked below. Total monthly rent for the two occupied units is $2,280.
Front Bungalow – constructed in 1945, containing 1,741 square feet of living area above grade and 768 square feet of mostly finished basement space. The home is arranged for two updated dwelling units, featuring wood and ceramic tile floors, vinyl-clad replacement windows and separate exterior entrances. The home contains a total of 4 bedrooms, 3 baths (one on each floor), 2 kitchens and 2 living rooms. The lower unit is rented for $1,030/month on a HAP lease, currently month to month.
Rear Bungalow – Believed to contain approximately 800 square feet. The home has been recently updated, and is arranged for a living room, kitchen, dining area, full bath and bedroom. The home is rented for $1,250/month on a Continuum of Care Housing Program lease, recently renewed through April 30, 2023.
There are two electric meters and one gas meter at the property.
$120 annual ground rent (due in semi-annual installments on 2/4 & 8/4); sold free and clear of liens.
Published annual real estate taxes are $4,121.75, based on a full value assessment of $228,600.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – 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.
Online Auction Bidders – a 10% deposit, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:30 p.m. on the day of auction, 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. All adjustments, including taxes, rents, 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 settlement and assumed thereafter by the purchaser. Security deposits, if any, shall be adjusted at the time of settlement. The property will be sold in “AS IS” condition, and subject to the existing leases of the tenants in place, 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 waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the Purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. 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.