"Perry Hall - Perryvale"

Douglas C. Lauenstein, P.A.
8900 Belair Road, Baltimore, MD 21236

ESTATE AUCTION

$150,000 Suggested Opening Bid

“Perryvale”

3 Bedroom ◆ 2.5 Bath
SPLIT-LEVEL HOME
With Inground Swimming Pool

– Needs Updating –

And Remaining
HOUSEHOLD FURNISHINGS

Sale On Premises
4024 JACINTH WAY
Nottingham, Baltimore County, MD 21236

THURSDAY, AUGUST 23, 2018
AT 3:00 P.M.

Real Estate

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:
4024 Jacinth Way is located in the Perryvale neighborhood of northeastern Baltimore County, east of Belair Road (US 1) and one block north of Ebenezer Road. Neighborhood homes are typically single family residential houses, built in the 1970s and 1980s. Nearby public schools are Chapel Hill Elementary, Perry Hall Middle and Perry Hall High, according to the Baltimore County government web site. The middle and high schools are within walking distance.

Perryvale is convenient to shopping and community services on Belair Road and has nearby highway access to the Baltimore Beltway (I-695) and I-95. White Marsh Mall is approximately two miles south.

SITE:
Rectangular lot 56′ x 100′
Zoning DR 5.5, residential
All public utilities
One-car concrete driveway
Inground swimming pool with diving board
Wooden shed and fencing

IMPROVEMENTS:
Brick and vinyl siding split-level home, built in 1979 and containing 1,862 square feet of living area, according to public tax records. The home has vinyl double-hung windows, composition shingle roof, aluminum rainspouts and a covered entry porch. The lower level is at grade with the rear yard.

Main Level

• Foyer – ceramic tile, coat closet
• Living Room – carpeting, cathedral ceiling
• Dining Room – carpeting, cathedral ceiling
• Eat-in Kitchen – ceramic tile, wood cabinets, laminate counters, refrigerator, electric range/oven, dishwasher, trash compactor, disposal, hood

Upper Level

• Master Bedroom – wood parquet floor, full en-suite ceramic tile Master Bath
• Bedroom #2 – wood parquet floor
• Bedroom #3 – wood floor
• Full Hall Bath – ceramic tile

Lower Level

• Family Room – vinyl floor, brick fireplace, walk-out door at grade in rear
• Half-Bath – ceramic tile floor
• Laundry/Utility Room – washer and dryer

Mechanical
Electric heat pump and central air conditioning
Electric, 50-gallon water heater
Circuit breakers

TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore County Deed Book 5945, Page 838.

TAXES:
Published annual real estate taxes are $3,976, based on a full value assessment of $271,467. 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 $15,000 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, 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. 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.

HOUSEHOLD FURNISHINGS

      Remaining household contents, including living room, dining room and bedroom furniture, decorations, kitchenware, etc. will be sold as an entirety after the sale of the real estate. TERMS – full payment in cash or by cashier’s check will be required of the purchaser at time and place of sale. Company checks will be accepted with approved bank letter of guarantee – contact auctioneers for proper form. Immediate removal required pursuant to pre-sale announcement.

No buyer’s premium.

Auction by order of:
Douglas C. Lauenstein, Personal Representative of the
Estate of Veronica Livengood