REAL ESTATE AUCTION
-Online Auction Only-
1.83 Acres± ✦ DR-1 Zoning
Baltimore County Tax ID:1119008100
Adjacent to 4016 Schroeder Avenue
Perry Hall, MD 21128
THURSDAY, FEBRUARY 13, 2020
TUESDAY, FEBRUARY 18, 2020 AT 1:00 P.M.
– Suggested Starting Bid: $20,000 –
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.
The property is located in the Perry Hall area in northeast Baltimore County. Sitting off of Belair Road, a north/south thoroughfare of Baltimore City/County, it provides residents with an easy transportation route to navigate throughout the county or into the city. Close by is the town of White Marsh, known for its plentiful shopping locations and its convenience to major interstates. From the home site, I-95 is within 3 miles and I-695 is within 5 miles. The White Marsh Mall, featuring stores such as Macy’s and IKEA, is also within 5 miles. According to the Baltimore County Public School Locator, nearby schools include Kingsville Elementary, Perry Hall Middle School and Perry Hall High School.
For more information about the area, please visit these pages:
Baltimore County Government – baltimorecountymd.gov
Perry Hall – visitmaryland.org
Perry Hall – niche.com
Lot – 1.8316 acres, more or less
Public water is believed to be in surrounding properties. Septic is believed to be required.
Lot fronts approximately 145 feet on Schroeder Avenue
The property is within the Urban Rural Demarcation Line (URDL).
For more information about URDL zoning please see this page: Baltimore County, Maryland, Resource Conservation Zoning and Urban-Rural Demarcation Line.
In fee simple; sold free and clear of liens.
Published annual real estate taxes are $478, based on a full value assessment of $1,800. 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.
Please see the contract of sale for complete terms.
A $5,000 deposit, or ten percent (10%) of the Purchase Price (whichever is greater), in cash or cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer, within 24 hours of Monday, February 17, 2020 at 12:00 Noon (the bid closing). 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. No buyer’s premium.