Email: info@ajbillig.com
6500 Falls Road, Baltimore, MD 21209
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Matthew J. Lidinsky, Esquire
Law Office of Frank G. Lidinsky, P.A.
8600 LaSalle Road, Suite 320
Baltimore, MD 21286
ESTATE SALE
“Cromwell Valley”
SPLIT-LEVEL HOME
– On 0.39± Acre –
Sale on Premises
805 ELDERBANK COURT
Off Beaverbank Circle, Near Cromwell Bridge Road
Towson, Baltimore County, MD 21286
WEDNESDAY, OCTOBER 16, 2019
AT 11:00 A.M.
– Suggested Opening Bid: $150,000 –
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.
LOCATION:
805 Elderbank Court is located in the Cromwell Valley subdivision in the eastern portion of Towson in Baltimore County. Cromwell Valley is situated along Cromwell Bridge Road and Providence Road, inside the Baltimore Beltway (I-695). Beltway access is within one mile via either Cromwell Bridge or Providence Roads. The Towson government Complex, Towson University, Goucher College and Stanley Black & Decker are all within approximately two miles. Shopping and dining options are nearby. I-83, I-95, York Road and Loch Ravel Boulevard offer multiple options for commuting to Downtown Baltimore. According to the Baltimore County Public Schools website, nearby schools are Cromwell Valley Elementary Magnet, Loch Raven Technical Academy and Loch Raven High.
For more information about the area, please visit:
https://www.baltimorecountymd.gov/
https://bcgis.baltimorecountymd.gov/myneighborhood/
https://www.bcps.org/apps/boundaries/
https://www.facebook.com/Cromwell-Valley-Community-Association-170113651862/
SITE:
Lot size: 0.39 acre, more or less, according to public tax records
Known as lot 34, block B on “Cromwell Valley Section South III” recorded among the land records of Baltimore County in Plat Book GLB 24, page 19.
Asphalt driveway for 2-3 vehicles
Partially fenced rear yard
All public utilities
IMPROVEMENTS:
Brick and siding split-level home – constructed in 1957 and containing 1,785 square feet of living area, according to public tax records.
Exterior:
Brick facade and aluminum siding
Asphalt shingle roof
Wood windows
Aluminum downspouts and rain gutters
INTERIOR:
Entry level:
Upper one:
Upper two:
Utilities:
The home needs full renovation.
TAXES:
Published annual real estate taxes are $3,252.70, based on a full value assessment of $237,100.
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:
https://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx
TITLE:
The parcel is in fee simple; sold free and clear of liens.
SUMMARY TERMS OF SALE:
Please refer to the contract of sale for complete terms and conditions. A $15,000 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, 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. It shall be the responsibility of the purchaser to obtain physical possession of the property. Purchaser waives the right of inspection for lead paint, as provided under current Federal and State law. The Purchaser waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the Purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. 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. Time is of the essence.
Note: An appeal relating to the former occupant’s possession of the property is pending before the court. The appeal will not impact the ability of the Estate to transfer good and marketable title, but may necessitate another eviction pending the determination of the court. An announcement regarding the status of the appeal will be made at the time of the auction.
No Buyer’s Premium!
Sale by order of the Estate of Evelyn Joan Jeffries
Matthew Lidinsky, Esq., Personal Representative
