"Randallstown - Village of Twelve Trees"

Holloway & Sullivan, LLC
7 St. Paul Street, Suite 625
Baltimore, MD 21202

GUARDIAN’S AUCTION
$75,000 Suggested Opening Bid

“Village of Twelve Trees”

TWO STORY TOWNHOME

Sale On Premises
19 YUMA COURT
Baltimore County, MD 21133

WEDNESDAY, JANUARY 8, 2020
AT 2:00 P.M.

Pursuant to an Order of the Circuit Court for Baltimore County passed in the Matter of James Chapman, Case No. C-03-FM-19-003636, the undersigned Guardian of the Property will sell at public auction, the property as noted above.

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:
19 Yuma Court is located in the Village of Twelve Trees townhouse community, located north of Liberty Road, east of Deer Park Road, west of Marriottsville Road and south of Winands Road. Nearby public schools are Deer Park Elementary and Deer Park Middle, which are two blocks east of the home, and Newtown High, according to the Baltimore County Government web site. Twelve Trees is within walking distance of shopping and public transportation along Liberty Road and has good access to I-795 from Lyons Mill Road. Neighborhood homes appear to be well maintained.

HOA:
Twelve Trees has a community swimming pool and tennis courts, which are included in the monthly HOA fee of approximately $133. HOA Resale Package.

SITE:
Rectangular lot – 20′ x 78′
Zoning DR 5.5, residential
Public water and sewer
Wood fenced rear yard

IMPROVEMENTS:
Two Story Inside-Group Townhome, built in 1987, containing 1,220 square feet of living area and 600 square feet of basement space, according to public tax records.

Exterior – vinyl siding, composition shingle roof, wood double-hung windows, concrete block basement foundation

First Floor

• Foyer – vinyl floor, coat closet
• Half-Bath – vinyl floor
• Living Room – wood floor
• Eat-in Kitchen – vinyl floor, dining area, pantry, wood cabinets, laminate counters, refrigerator, electric range, dishwasher, double stainless steel sink

Second Floor

• Master Bedroom – carpeting, walk-in closet, dressing area
• Full Bathroom – vinyl floor, linen closet, open to master bedroom and hall
• Bedroom #2 – carpeting

Basement

• Unfinished, sliding door walk-out to fenced rear yard, ceiling height suitable for finishing
• Utility area

Mechanical – Carrier forced air electric heat pump and central air conditioning, 200-ampere electrical panel, Verizon Fios, 50-gallon electric water heater

TAXES:
Published annual real estate taxes are $2,394, based on a full value assessment of $120,600. 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:
https://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx

TITLE:
The property is in fee simple and sold free and clear of liens. Deed Book 7651, Page 603.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
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. 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, homeowners association fees, 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, subject to easements, agreements, restrictions or covenants of record affecting same, if any, and subject to the Declaration and By-Laws of the Village of Twelve Trees Homeowners Association. Purchaser assumes the risk of loss from the date of contract forward. The purchaser agrees to waive the right of rescission under the Maryland Homeowners Association Act, having received and reviewed the HOA resale package prior to the signing 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.

Terry K. Sullivan, Guardian of the
Property of James B. Chapman