Rob Goldman Legal Solutions
6800-B Holabird Avenue
Dundalk, MD 21222
Onsite & Online Simulcast Bidding
$75,000 Opening Bid
TWO STORY TOWNHOME
3-4 Bedrooms ◆ 3.5 Baths ◆ Large Deck
– RENOVATION NEEDED –
3 VALLES COURT
Baltimore County, MD 21234
Online Bidding Opens
MONDAY, JULY 4, 2022
Live Onsite Auction
WEDNESDAY, JULY 6, 2022
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.
3 Valles Court is located in the Doncaster Village neighborhood of Parkville, approximately 1.5 miles north of Beltway (I-695) Exit 30 – Perring Parkway. The site is opposite Pine Grove Elementary School. Other nearby schools are Pine Grove Middle and Loch Raven High, according to the Baltimore County government web site. Housing in the area is a mixture of townhomes, detached subdivision-type housing and garden apartments. Shopping and public services are nearby on Joppa Road and Harford Road.
Annual homeowners association fees are believed to be approximately $200. HOA Resale Package.
Rectangular lot – 20′ x 100′. Plat
Zoning DR 16
Fenced year courtyard with patio and awning covered sun deck
Two Story Inside-Group Townhome, built in 1989, containing 1,340 square feet of living area and 660 square feet of mostly finished basement space, according to public tax records.
Exterior – vinyl siding, composition shingle roof (installed 2020), vinyl-clad double-hung windows, full basement foundation with outside exit
Mechanical – Rheem electric heat pump and central air conditioning, 40-gallon electric water heater, 200 amp. electrical service
The home has some water damage and mold and requires cosmetic repairs.
The property is in fee simple and sold free and clear of liens. Baltimore County Deed Book SM 14852, Page 464.
Published annual real estate taxes are $4,646, based on a full value assessment of $202,500.
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.
Live Auction Bidders – A $10,000 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 is due by 4:00 p.m. on the day of auction.
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 rescission under the Maryland Homeowners Association Act, having reviewed the resale package prior to bidding. 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.
Robin M. Goldman, Personal Representative of the Estate of Michael J. Baker