"Parkville - Joppa Heights Little Farms"

REAL ESTATE AUCTION

“Joppa Heights Little Farms”

BUNGALOW
– On 0.17 +/- Acre –

Sale On Premises
8701 LITTLEWOOD ROAD
Baltimore County, MD 21234

TUESDAY, NOVEMBER 14, 2017
AT 12:00 P.M.

– Suggested Opening Bid: $40,000 –

      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:
8701 Littlewood Road is located in the Joppa Heights Little Farms neighborhood in the Parkville area of Baltimore County. The home is one-half block from E. Joppa Road and is approximately 1 mile north of the Baltimore Beltway (I-695). The location is convenient to both Downtown Baltimore, Nottingham and Towson. Ample shopping and dining options are along E. Joppa Road, a short distance away. Neighborhood homes are predominantly traditional single family houses.

For more information about Baltimore County neighborhoods, please visit:
http://livebaltimore.com/neighborhoods/

SITE:
Rectangular lot 50′ x 150′ or 0.17 acre, more or less

Concrete parking pad with carport

Fenced rear yard

DR 5.5, Residential

All public utilities

IMPROVEMENTS:
One and one-half story bungalow – the home was constructed in 1952, contains 1,120 square feet of living area, according to public tax records. The home features vinyl replacement windows, gas forced air, 40 gallon gas water heater and is arranged as follows: living room, dining room, kitchen, 2 bedrooms, and full bath on the first floor; walk-up attic/extra room, on the second floor.

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

TAXES:
Published annual real estate taxes are $2,331.22 based on a full value assessment of $144,200. 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

TERMS OF SALE:
A $5,000 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. 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, housing code violation notices, 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!