Click 'AJ' icon to access map directions.
Douglas C. Lauenstein, Attorney
8900 Belair Road, Nottingham, MD 21236
$150,000 Suggested Opening Bid
“Perry Hall Farms”
2 Bedroom ◆ 2 Bath
In Elevator Building
Sale On Premises
13H BROOK FARM COURT
Baltimore County, MD 21128
WEDNESDAY, SEPTEMBER 30, 2020
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.
Unit 13H is located in the Garden Condominium at Perry Hall Farms, situated off Gunpowder Farm Road, just east of Honeygo Boulevard. The neighborhood is convenient to shopping, healthcare, I-95 and I-695. Nearby public schools are Chapel Hill Elementary, Perry Hall Middle and Perry Hall High, according to the Baltimore County government web site. The neighborhood is a mixture of garden apartments, townhomes and single family homes built in the 2000s.
Three story brick and vinyl siding building, constructed in 2000. The building has a composition shingle roof, vinyl-clad double-hung windows, paved parking area, secure entry foyer with intercom access and elevator. Monthly condominium fees are approximately $190.
Condominium Resale Package:
Second floor apartment is a short walk from the elevator. The unit comprises 1,214 square feet, according to public tax records, and contains:
Mechanical – gas forced air heat, central air conditioning, 40-gallon gas water heater
The property is sold free and clear of all liens. Baltimore County Deed Book SM 14751, Page 672.
Published annual real estate taxes are $3,147, based on a full value assessment of $175,000. 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.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
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. 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, condominium fees, 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 rescission under Maryland Condominium law, having received the condominium resale package prior to the auction. 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 Melba Jean Edsall