REAL ESTATE AUCTION
On 0.55± Acre
Potential For: Single Family, Church, School,
Day Care, Group Housing or Assisted Living*
Sale On Premises
8611 CHURCH LANE
Near Old Court Road
Baltimore County, MD 21133
THURSDAY, NOVEMBER 9, 2017
AT 11:00 A.M.
– Suggested Opening Bid: $100,000 –
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.
8611 Church Lane is located in Randallstown in western Baltimore County. The home sits a short distance northwest of Old Court Road, north of Liberty Road and about two miles east of I-695 exit 18. I-795 is also a short distance to the northwest. The location is extremely convenient to major employers throughout the Baltimore Beltway area, as well as those west via I-70 and I-95. A grocery store, restaurants and other commercial services are within one-half mile. According to bcps.org, nearby schools are Church Lane Elementary Technology, Northwest Academy of Health Sciences and Randallstown High.
For more information about the area, please visit:
Level lot – 23,958 sq. ft., or 0.55 acre, more or less
Baltimore County Tax Map 77, Grid 9, Parcel 356
The lot is gently sloping from front to back, and features some mature trees and bushes
Asphalt driveway and parking area for 4+ vehicles
All public utilities
Zoned DR 5.5, residential, 5.5 units per acre
For more information, please visit: Baltimore County Zoning
The property is improved by a bungalow and adjoining annex building.
Bungalow – constructed in 1951 and containing 1,749 square feet of living area, according to public tax records. The building features a covered front porch, vinyl clad replacement windows, asphalt shingle roof and is arranged for a kitchen, 5 rooms and full bath. The building has most recently been used as offices and storage. Needs renovation.
Annex Building – single story vinyl sided building approximately 60′ x 35′, and containing 2,100 square feet, more or less. The interior is framed, with rough-ins for electric and plumbing. Currently arranged for 7 rooms and two powder rooms. The building was originally intended as offices and meeting space. Needs completion.
*The buildings may be suitable for single family, church, day care, school, group housing, assisted living or other permitted, ancillary or specially exempted uses as permitted by the Baltimore County Zoning code.
In fee simple; and sold free and clear of liens.
Published annual real estate taxes are $2,415.48 based on a full value assessment of $174,100. 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:
A $10,000 deposit, payable by certified check or 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. 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, 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 of inspection for lead paint, as provided under current Federal and State law. 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!