"White Marsh - Bird River"

Waterfront Home
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Listing Details

Sold Price
$185,000
Auction Date
Auction Time
11:00 AM
Address
6037 Loreley Beach Road, White Marsh, MD, 21162
County
Baltimore County
Neighborhood
White Marsh, Bird River
Inspection
The property will be open 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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REAL ESTATE AUCTION

WHITE MARSH
"Bird River"

WATERFRONT HOME
- In Need of Renovation -

Sale On Premises
6037 LORELEY BEACH ROAD
(a/k/a Beach Road)
Baltimore County, MD 21162

FRIDAY, NOVEMBER 7, 2014
AT 11:00 A.M.

    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.

LOCATION:
6037 Loreley Beach Road is located on the north bank of the Bird River, in White Marsh, northeast Baltimore County.  The property's position affords great views of the river, as well as the wooded wetlands on the opposite bank. The area is one of the most conveniently located in Baltimore County. The White Marsh Town Center is only 5-10 minutes to the southwest. The location offers quick access to I-95 (Exit 67 - approximately 3 miles southwest), I-695, Baltimore City (10 miles south), and Harford County (2 miles north).  The recently extended White Marsh Boulevard is convenient to the White Marsh Mall, The Avenue at White Marsh, AMC Loews White Marsh (16 movie theaters)  and the White Marsh Business Center (all within minutes).  Gunpowder Falls State Park is less than one mile to the east.

For a list of local public schools, visit the Baltimore County Public School Locator on their web site:
http://www.bcps.org/apps/boundaries

For more information on the Bird River Watershed:
http://www.baltimorecountymd.gov/Agencies/environment/watersheds/birdmain.html

For more information on White Marsh, visit:
http://en.wikipedia.org/wiki/White_Marsh,_Maryland

For more information on The Avenue at White Marsh, visit:
http://www.theavenueatwhitemarsh.com

SITE:
Mostly rectangular lot - comprising 0.24 acre, more or less, according to public tax records

The lot fronts approximately 48' on the Bird River, and 50' on Loreley Beach Road

Excerpt from NOAA Chart 12274:
loreleybeach6037 noaa chart closeup

Gravel 4-vehicle driveway and carport

Bulkhead (48'+/-)

Three concrete patios

Rear deck

Public water and sewer (County owned grinder pump)

Baltimore County GIS Aerial Photo:
loreleybeach6037 gisaerial

IMPROVEMENT DESCRIPTION:
Waterfront home - believed to be constructed in 1968, and containing 2,128 total interior square feet on two levels, according to public tax records. The home is arranged as follows:

Exterior & Amenities
Aluminum siding
Asphalt shingle roof with aluminum rain spouts
Double hung windows
Concrete block foundation

Upper Level

  • Living Room - hardwood floors
  • Dining Room - hardwood floors
  • Kitchen - laminate floor, oak cabinetry, 4-burner gas range/oven
  • 3 Bedrooms - hardwood floors
  • Bathroom - ceramic tile floor, shower/tub

Lower Level

  • Full height, gutted and framed
  • Arranged for family room, utility room, bedroom and powder room

Mechanical
Oil fired forced hot air furnace
Updated electric water heater

Note: The home is in need of renovation.

ANNUAL REAL ESTATE TAXES:
2014-2015 Annual Real Estate Taxes - $3,157.50 - (based on a full value tax assessment of $178,800).  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 in fee simple and is being sold free and clear of all liens.

ZONING:
RC2 - Resource Conservation

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 $10,000 will be required of the purchaser at time and place of sale.  The deposit shall be increased to 10% of the purchase price by Monday, November 10, 2014 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, ground rent 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 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 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!