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Holloway & Sullivan, LLC
7 St. Paul Street, Baltimore, MD 21202
To the Highest Bidder Above $100,000
BRICK & SIDING RANCHER
3 Bedrooms ◆ 2 Baths
Live Onsite Auction
227 CANDYTUFT ROAD
Baltimore County, MD 21136
THURSDAY, NOVEMBER 18, 2021
AT 11:00 A.M.
Pursuant to an Order of the Circuit Court for Baltimore County, passed in the matter of Courtis Baird, III, Case No. C-03-FM-20-004506, the undersigned Guardian will sell the above-captioned property to the highest bidder on the premises as noted.
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.
227 Candytuft Road is located in the Suburbia neighborhood of Reisterstown in northwestern Baltimore County. The property is located south of E. Cherry Hill Road and west of Reisterstown Road. Suburbia is predominantly comprised of single family detached homes, built in the 1960s. Most neighborhood homes are well maintained and many have been expanded. The neighborhood is convenient to shopping, dining, public transportation and community services. Nearby public schools are Timber Grove Elementary, Franklin Middle and Franklin High, according to the Baltimore County government web site.
Level lot – 58′ x 129′. Plat
Zoning DR 5.5, residential
Off-street parking for 5 cars – 4 in concrete driveway and one in carport
All public utilities
Brick and vinyl siding ranch home, built in 1965, containing 884 square feet of living area and 816 square feet of basement space, according to public tax records. The home has a composition shingle roof, vinyl-clad double-hung windows, a concrete foundation and one-car carport.
Mechanical – gas forced air heat, central air conditioning, gas water heater
The home needs updating and cosmetic repairs.
The property is in fee simple and is sold free and clear of liens. Deed Book 14943/721 and 17651/001.
Published annual real estate taxes are $2,483, based on a full value assessment of $183,800. 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 – dat.maryland.gov
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. If necessitated by price, the deposit shall be increased to 10% of the purchase price, by 11:00 A.M. on November 19, 2021, 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, 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.
Terry K. Sullivan, Guardian of the Property of Courtis Baird, III