"Woodlawn - Broad Acres"

 REAL ESTATE AUCTION 

$150,000 Suggested Opening Bid

“Broad Acres”

Fully Renovated
TWO STORY HOME
7 Bedrooms ◆ 5 Baths
Detached Garage with 2 Rooms

Sale On Premises
6414 DOGWOOD ROAD
Off Gwynn Oak Avenue
Baltimore County, MD 21207

TUESDAY, OCTOBER 29, 2019
AT 1:00 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.

LOCATION:
6414 Dogwood Road is located between Security Boulevard, Windsor Mill Road, Woodlawn Drive and Gwynn Oak Avenue, in the Woodlawn area of western Baltimore County. Neighborhood housing consists of single family homes of varying age and style. The property is convenient to the Social Security Administration complex, shopping, public transportation and the Baltimore Beltway (I-695). Nearby public schools are Featherbed Lane Elementary, Woodlawn Middle and Woodlawn High, according to the Baltimore County government website.

SITE:
Lot size 133′ x 164′, comprising 0.247 acre of land
All public utilities
Zoning DR 5.5 residential
Asphalt driveway with parking for 10+ cars, leads to detached garage
Stockade fenced rear yard

IMPROVEMENTS:
Completely renovated Two Story Home, originally built in 1952, according to public tax records. Baltimore County tax records indicate the home contains 1,560 square feet, plus a 780 square foot basement, but the home has been expanded since its original construction.

Exterior
Vinyl siding
Composition shingle roof with aluminum rainspouts
Vinyl-clad double-hung windows
Concrete block basement foundation

Detached one-car garage, vinyl siding, composition shingle roof, contains a two-room office, with potential for an apartment

The home has been freshly painted throughout. Renovations include new wood grain vinyl flooring, new kitchen, new bathrooms, new appliances, nice finishes.

First Floor

• Open Concept Living/Dining Combination – bow window, storage closet, open to kitchen
• Office area
• Kitchen – granite counters, white cabinets, stainless steel appliances, gas range/oven, refrigerator, dishwasher, disposal
• Bedroom #1
• Bathroom #1 – ceramic tile, shower, open to hall and Bedroom #1
• Bedroom #2
• Bathroom #2 – ceramic tile full bath
• Linen Closet

Second Floor

• Bedroom #3
• Bathroom #3 – ceramic tile shower, opens to hall and Bedroom #3
• Bedroom #4
• Bedroom #5
• Bedroom #6
• Bathroom #4 – ceramic tile shower, opens to hall and Bedroom #6

Lower Level

• Family Room
• Bedroom #7
• Bathroom #5 – ceramic tile shower
• Laundry Area – washer, dryer

Mechanical
2 – Zone HVAC – gas forced air heat and central air for the lower level and first floor, electric heat pump and central air conditioning for the second floor
Gas water heater
100 amp. electrical service
Verizon fios
Security system

TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore County Deed Book 40898, Page 500.

TAXES:
Published annual real estate taxes are $2,837, based on a full value assessment of $191,000 (pre-renovation assessment). 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

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
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. 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. A 5% buyers premium will be added to the final bid price.