Featuring Live & Online Simulcast Bidding
– $75,000 Opening Bid –
2 Bedrooms ◆ 2 Baths ◆ Patio ◆ Original Owner
Sale On Premises
4 CANDLEMAKER COURT
Pikesville, Baltimore County, MD 21208
Online Bidding Opens
TUESDAY, MARCH 22, 2022
Live Onsite Auction
THURSDAY, MARCH 24, 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.
Annen Woods is a gated community located at Hooks Lane and Park Heights Avenue, in the Pikesville area of western Baltimore County. Located just off Beltway (I-695) Exit 21, Annen Woods is convenient to shopping, restaurants and employment centers. Nearby public schools are Fort Garrison Elementary, Pikesville Middle and Pikesville High, according to the Baltimore County government web site.
The community consists of a high-rise apartment building, several mid-rise buildings, townhomes and garden apartments, built in the 1970s. The neighborhood is well landscaped and meticulously maintained. 4 Candlemaker Court is a four story brick mid-rise apartment building with elevator and secure lobby, built in 1978. Management is by WPM. Monthly condominium fee estimated to be $587, includes swimming pool, clubhouse, tennis courts, grounds maintenance, building insurance, roadways, snow removal, security, surface parking lots and gatehouse.
According to the Condominium Association, the following activities are not permitted:
There are currently no other units for sale at 2 or 4 Candlemaker Court.
Second floor condominium unit containing 1,300 square feet of living area, according to public tax records. The unit is arranged as follows:
Mechanical – electric heat pump, central air conditioning, electric water heater, separately metered electrical service
The property is in fee simple and sold free and clear of liens. Baltimore County Deed Book 5922, Page 170.
Published annual real estate taxes are $2,627.26, based on a full value assessment of $128,333.
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 4:00 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, condominium fees 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, and subject to the Declaration and By-Laws of the Annen Woods Condominium No. 2 Condominium Association. 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. The Purchaser agrees to waive any right of rescission under Maryland Condominium Law, having reviewed the condominium resale package prior to the auction and execution of the contract of sale. 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!
Sale by Order of the Estate of Naomi Baron