Featuring Live & Online Simulcast Bidding
– $325,000 Opening Bid –
– On 0.899± Acre –
2807 OLD COURT ROAD
Near Greenspring Avenue
Pikesville, Baltimore County, MD 21208
Online Bidding Opens
TUESDAY, AUGUST 16, 2022
Live Onsite Auction
THURSDAY, AUGUST 18, 2022
AT 1:00 P.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.
2807 Old Court Road is located in the Old Court Gardens neighborhood in the Pikesville area of Baltimore County. Old Court Gardens is comprised of 13 lots featuring 10 existing homes and 3 newly constructed homes planned (La Ciel at Pikesville). Neighborhood lots range mostly between one-half and a little over one acre, and home size and architecture varies based on age of construction and subsequent renovations and expansions.
The property location is exceedingly convenient, proving easy access to both the Baltimore Beltway (I-695, 0.2 mi) and Jones Falls Expressway (I-83, 1.3 mi.). Shopping and dining are also readily available, with excellent proximity to retail centers at Quarry Lake, Stevenson Village and Greenspring Station. According to the Baltimore County Public Schools locator, nearby schools are Fort Garrison Elementary, Pikesville Middle and High. A number of independent schools are also in close proximity, including the Park School and Beth Tfiloh.
For more information about the area, please visit:
My Neighborhood – bcgis.baltimorecountymd.gov
Baltimore County Government – www.baltimorecountymd.gov
Baltimore County Public Schools – bcps.org
Lot size – 0.899 acre, more or less, according to public tax records
Known as Lot 1 on “Revised Plat of Old Court Gardens” recorded among the Land Records of Baltimore County in Plat Book WJR No. 27, folio 77.
The lot is gently sloping from northeast to southwest, and features some mature trees and landscaping. The property is serviced by private well and septic. Public water service is believed to be in nearby properties.
Ranch home with basement at grade and two car garage – constructed in 1964, containing 2,186 square feet of living area above grade and 2,186 square feet of mostly finished lower level space space. The home recently had a new roof installed (7/22), and has been prepared for further renovation. Arranged as follows:
Brick, stone and siding facade
New, flat roof
Aluminum downspout and rain gutter
Partially attached two car garage (breezeway access)
In fee simple; sold free and clear of liens.
Published annual real estate taxes are $6,566.95, based on a full value assessment of $461,000.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – a $40,000 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 8% 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 agrees to waive any right of rescission under Baltimore County well yield requirements. 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.
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