Absolute Above $50,000 "Catonsville Heights"

2 Story Porchfront Colonial Home
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Listing Details

Sold Price
$150,000
Auction Date
Auction Time
11:00 AM
Address
712 Woodsdale Road, Catonsville, MD, 21228
County
Baltimore County
Neighborhood
Catonsville Heights
Inspection
The property will be open for inspection at 10:00 a.m. on the day of the auction only.
Financing
See our Financing Page for a list of auction-oriented lenders.
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Louis J. Weinkam, Jr., Esquire
Weinkam & Weinkam, P.A.
1002 Frederick Road
Catonsville, Maryland 21228

GUARDIAN'S SALE
AT ABSOLUTE AUCTION
To The Highest Bidder Above $50,000

CATONSVILLE HEIGHTS

2 Story, Porchfront
COLONIAL HOME
- In Need of Renovation -

Sale On Premises
712 WOODSDALE ROAD
Off Ingleside Ave., South of I-695
Baltimore County, MD 21228

FRIDAY, SEPTEMBER 12, 2014
AT 11:00 A.M.

NOTE:  The information contained herein has been obtained from sources deemed reliable and believed to be accurate.  However, no express or implied warranty is made as to the accuracy of these representations.  All dimensions contained herein are more or less.

GENERAL INFORMATION

LOCATION:
The Catonsville Heights subdivision of Catonsville is situated between Edmondson Avenue and Baltimore National Pike (US-40), two blocks south of I-695.   Abundant shopping and eateries are within minutes along Frederick Road and Baltimore National Pike.  The Downtown Baltimore business district lies just 10 minutes to the east and access to I-95 is less than one mile.

For more information about Catonsville, visit:
http://en.wikipedia.org/wiki/Catonsville,_Maryland

SITE:
Rectangularly shaped lot measuring 5,820 square feet or 0.13 acre, more or less (according to SDAT tax records)

Driveway

Public water and public sewer

IMPROVEMENT DESCRIPTION:
Two story colonial home constructed in 1923, comprising 1,382 square feet (plus 672 square feet of basement area) according to public tax records and in need of complete renovation.  The home is described as follows:

First Floor

  • Entry Foyer
  • Living Room
  • Dining Room
  • Country Kitchen
  • Powder Room

Second Floor

  • 4 - Rooms
  • Full Bathroom

Basement (unimproved)

  • Laundry Area

Features and Mechanical

  • Gas forced hot water heat
  • 40 gallon gas fired water heater

ANNUAL REAL ESTATE TAXES:
2013-2014 Annual Real Estate Taxes - $1,997 (based on a full value tax assessment of $153,800).  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 SDAT concerning the appeals process and may see the following link for helpful information: http://www.dat.state.md.us/sdatweb/appeal.html.

TITLE:
The property is being sold in fee simple, free and clear of all liens.

INSPECTION:
At 10:00 a.m. on the day of the auction only.

TERMS OF SALE:
Deposit payable by certified or cashier's check of $5,000 will be required of the purchaser at time and place of sale.  The deposit shall be increased to 10% of the purchase price within 72 hours at the office of the Auctioneers.  Balance to be paid in cash at settlement, which shall take place within 45 days. If payment of the balance does not take place within the specified time, the deposit will be forfeited and the property may be resold at the risk and expense of the defaulting purchaser. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of sale to date of settlement.  Taxes and all other public charges and assessments, payable on an annual basis, including sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of sale and assumed thereafter by the purchaser. The property will be sold in "AS IS" condition, without express or implied warranty as to the nature and description of the improvements as contained herein;  and subject to easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser assumes risk of loss from the date of sale forward.  The purchaser waives and releases the Guardian, 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 Auctioneer.  The purchaser agrees to waive the right of inspection for lead paint as provided under current Federal and State Law. 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!

Louis J. Weinkam, Jr., Guardian of Francis X. Rial