"Rosedale - Chesaco Park"

POSTPONED
Please check back for updated auction date. 

 ONLINE REAL ESTATE AUCTION 

0.359 ± ACRE
WATERFRONT LOT

Known As:
EDGEWATER AVENUE
Baltimore County Tax ID: 1518100410
Between 8041 and 8047 Edgewater Avenue
Rosedale, Maryland, 21237

POSTPONED
Please check back for updated auction date. 

BIDDING OPENS:
MONDAY, FEBRUARY 7, 2022

BIDDING CLOSES:
WEDNESDAY FEBRUARY 9, 2022 AT 11:00 A.M.

$25,000 OPENING BID

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:
The Edgewater Avenue lot is located on the banks of the Back River in the town of Rosedale in Southeast Baltimore County. The Chesaco Park subdivision is conveniently situated between major roadways including I-695, I-95 and Rt-40. Residents have the luxury of traveling via surface roads or navigating through the Back River. Several restaurants, grocery stores, entertainment venues and marinas are located throughout the surrounding communities. Downstream through the Back River are several public parks including Cox Paint Park and Rocky Point Park. Both parks include beaches, boat ramps, play fields and spectacular views. According to the Baltimore County Public Schools locator, the zoned schools include Red House Run Elementary School, Golden Ring Middle School and Overlea High School.

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

SITE:
Lot size – 0.359 acre, more or less, according to public tax records. Plat

Public water and sewer are believed to be available.

The lot is believed to be wooded.

NOAA Chart 12278 – charts.noaa.gov

ZONING:
According to the Baltimore County Zoning GIS, the property overlaps 2 zoning districts. ML and DR 5.5.

ML: Manufacturing Light:
According to Baltimore County’s A Citizen’s Guide to Zoning:

• Typical Uses Permitted by Right: Industrial Uses Requiring Assembly, Production, Processing, Packaging, Or Treatment Of Various Elements, Laboratory, Office, Medical Clinic, Excavation Not Involving Explosives, Equipment And Material Storage Yard, Brewery.
• Typical Uses Permitted by Special Exception: Excavation Using Explosives, Landfill, Truck Stop And Trucking Facility

DR 5.5: Density Residential 5.5 Units/Acre:
According to Baltimore County’s A Citizen’s Guide to Zoning:

• Typical Uses Permitted by Right: Single Family, Semi-Detached, Duplex, Single Family Attached, And Multifamily Dwellings.
• Typical Uses Permitted by Special Exception: Convalescent Homes, Community Buildings, Class B (Up To 40 Children) Group Child Care, As

Zoning Map

For more information about zoning, please visit:
A Citizen’s Guide To Zoning – www.baltimorecountymd.gov

TITLE:
The property is in fee simple; and sold free and clear of liens.

TAXES:
Published annual real estate taxes are $859.91, based on a full value assessment of $71,600

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $3,000 deposit, or ten percent (10%) of the Purchase Price (whichever is greater), in a cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer, by Wednesday, February 9, 2022 at 4:30 P.M. 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. 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