Sold prior to the auction.
Live & Online Simulcast Bidding
$350,000 Opening Bid
Stone & Siding
CAPE COD HOME
3 Bedrooms ◆3 Baths◆Garage
On 0.63± Acre Landscaped Lot
500 HAMPTON LANE
Corner Dulaney Valley Road
Baltimore County, MD 21286
– CANCELED –
Online Bidding Opens
MONDAY, JULY 18, 2022
Live Onsite Auction
THURSDAY, JULY 21, 2022
AT 2:00 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.
500 Hampton Lane is located in the Hampton area of Towson, north of Beltway (I-695) Exit 27. The home is just west of the Hampton National Historic Site, Hampton Pool and Notre Dame Preparatory School. Nearby public schools are Hampton Elementary, Ridgely Middle and Loch Raven High, according to the Baltimore County government web site. The property is a short drive to Downtown Towson, Loch Raven Reservoir and employment centers throughout the region. Neighborhood housing is comprised of attractive custom homes on large lots.
Corner lot comprising 0.63 acre. Plat
Zoning DR-1, residential
Front and rear driveways with 10 car off-street parking
Landscaped grounds, ornamental fish pond
Cape Cod-style home, built in 1953, comprising 1,980 square feet of living area , 1,161 square feet of mostly finished basement space and 460 square foot garage, according to public tax records.
Exterior – stone, aluminum siding, wood double-hung windows, architectural shingle roof, two front dormers, shed dormer in rear, covered entry porch, two-car attached garage with electric opener
Interior – plaster walls, wood floors, well-kept traditional finishes
Mechanical – Lennox heat pump and central air conditioning, 200 amp. electrical service, 50-gallon electric water heater, sump pump, Ring doorbell
NOTE – SOME FURNISHINGS ARE AVAILABLE FOR SALE TO THE PURCHASER.
The property is in fee simple and sold free and clear of liens. Baltimore County Deed Book JLE 46138, Page 404.
Published annual real estate taxes are $5,385, based on a full value assessment of $297,800.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – A $25,000 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 is due by 4:00 p.m. on the day of auction.
Deposit funds shall be held by A. J. Billig & Co., LLC. Balance to be paid in cash at settlement, which shall take place on or before August 26, 2022, unless extended by mutual agreement. 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. 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 settlement 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.
Auction Conducted in Collaboration with O’Conor, Mooney & Fitzgerald