"Parkville - Hillendale Farms"

Featuring Live & Online Simulcast Bidding
– $50,000 Opening Bid –

Fire Damaged
BUNGALOW
On 0.23± Acre – Detached Garage

Known As
8313 OAKLEIGH ROAD
Parkville, Baltimore County, MD 21234

Online Bidding Opens
TUESDAY, JANUARY 11, 2022

Live Onsite Auction
WEDNESDAY, JANUARY 12, 2022
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.

LOCATION:
8313 Oakleigh Road is located in the Hillendale Farms neighborhood in the Parkville area of Baltimore County. Hillendale Farms is situated south of E. Joppa Road, between Oakleigh Road and Perring Parkway. The neighborhood comprises a little over 200 single family homes with a variety of architectural styles and sizes, having been constructed from the 1930s through 2019.

The location offers a number of conveniences. Major employers in the general area include Stanley Black & Decker, Baltimore County Schools and Towson University. Nearby Loch Raven Boulevard and Perring Parkway provide good access to both the Baltimore Beltway and Downtown Baltimore, for those commuting throughout the area. Shopping, dining and entertainment are close-by, including along both Taylor Avenue and E. Joppa Road. Excellent crabcakes are about one-half mile south of the property at the well-known Pappas Restaurant and Sports Bar.

A variety of schools, both public and private, are in the immediate area. According to the Baltimore County Public Schools website, nearby schools include Oakleigh Elementary, Loch Raven Technical Academy (Middle) and Parkville High.

For more information about the area, please visit:
Baltimore County Government – www.baltimorecountymd.gov
Baltimore County Public Schools – bcps.org

SITE:
Lot size – 10,000 square feet, or 0.23 acre, more or less, according to public tax records. Plat

Known as lot 59 on the plat of Hillendale Farms, recorded at Baltimore County Plat Book GLB 8, pages 92 and 93.

50′ front and rear, with depths of 200′

Asphalt driveway and parking pad. Front and rear yards. Some mature landscaping.

All public utilities

Zoned DR 5.5 Residential

IMPROVEMENTS:
Bungalow – constructed in 1933, containing 1,098 square feet of living area and 320 square feet of basement space, according to public tax records. The home had a fire and has been partially gutted.

TITLE:
In fee simple; sold free and clear of liens.

TAXES:
Published annual real estate taxes are $2,305.02, based on a full value assessment of $141,267.

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, 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. 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 and 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 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. Seller to provide purchaser a $500 closing credit if purchaser uses Goldstar Title Company (826 Eastern Boulevard, Essex, MD 21221) for closing.