"Lansdowne - Riverview"

Brick Townhome
6432.jpg

Listing Details

Sold Price
$67,000
Auction Date
Auction Time
11:00 AM
Address
1025 Fredonia Court, Lansdowne, MD, 21227
County
Baltimore County
Neighborhood
Lansdowne, Riverview
Financing
See our Financing Page for a list of auction-oriented lenders.
Scroll down for Complete Details, including: property description and Terms of Sale.
REAL ESTATE AUCTION

Wednesday, September 24, 2014

LANSDOWNE

"Riverview"

2 - BRICK TOWNHOMES
Sales On Respective Premises

At 11:00 A.M.
1025 FREDONIA COURT
Baltimore County, MD 21227
- And -
At 11:20 A.M.
917 NIAGARA COURT
Baltimore County, MD 21227

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 properties are located in the Riverview neighborhood of southwestern Baltimore County.  The neighborhood is predominantly comprised of two story townhomes, built in the 1950s.  Baltimore Beltway (I-695) Exit 9 is about one mile west of the neighborhood.  Public bus service is one block from the home.  According to the Baltimore County government web site, nearby public schools are Riverview Elementary, Lansdowne Middle and Lansdowne High.  The neighborhood has good access to area employment centers, shopping and public services.  Homes in Riverview are owner and tenant occupied.


1025 Fredonia Court
fredonia1025 front2

SITE:
Rectangular lot - 16' x 235'
Zoning DR 10.5, residential
All public utilities

Baltimore County GIS Aerial:
fredonia1025 gisaerial

IMPROVEMENTS:
Two story inside-group brick and siding townhome - according to public tax records the home was constructed in 1955 and contains 1,024 square feet of living area, comprising living room, eat-in kitchen, three bedrooms and updated bath; gas forced air heat.  Updated flooring.

TITLE:
The property is sold free and clear of liens, subject to an annual $90 ground rent.  Baltimore County Deed Liber 30281, folio 214.

TAXES:
Published annual real estate taxes for 2013-2014 are $1,252, based on a full value assessment of $73,700.  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: http://www.dat.state.md.us/sdatweb/appeal.html


917 Niagara Court
niagara917 front2

SITE:
Rectangular lot - 16' x 105'
Zoning DR 10.5, residential
All public utilities

Baltimore County GIS Aerial Photo:
niagra917 gisaerial

IMPROVEMENTS:
Two story inside-group brick and siding townhome - according to public tax records the home was constructed in 1955 and contains 1,024 square feet of living area, comprising living room, eat-in kitchen, three bedrooms and updated bath; gas forced air heat.

TITLE:
The property is sold free and clear of liens, subject to an annual $90 ground rent.  Baltimore County Deed Liber 32336, folio 269.

TAXES:
Published annual real estate taxes for 2013-2014 are $1,277, based on a full value assessment of $69,700.  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: http://www.dat.state.md.us/sdatweb/appeal.html


General Information & Terms

INSPECTION:
One-half hour before the auction.

TERMS OF SALE:
A $3,000 deposit on each property, 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.  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 sale 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 sale 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 sale 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.