"Perry Hall - Chapel Village"

Terrace Apartment Condominium Unit
2 Bedrooms & 2 Baths
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Listing Details

Sold Price
$85,000
Auction Date
Auction Time
11:00 AM
Address
14 Juliet Lane - Unit 103, Perry Hall, MD, 21236
County
Baltimore County
Neighborhood
Perry Hall, Chapel Village
Inspection
The property will be open 1 hour prior to the auction only.
Additional Documents
Financing
See our Financing Page for a list of auction-oriented lenders.
Scroll down for Complete Details, including: property description and Terms of Sale.

Douglas C. Lauenstein, P.A., Attorneys
8900 Belair Road, Baltimore, MD 21236

ESTATE AUCTION
$50,000 Suggested Opening Bid

PERRY HALL

"Chapel Village"

2 Bedroom ◆ 2 Bath
TERRACE APARTMENT
Condominium Unit

Sale On Premises
14 JULIET LANE - UNIT 103
Off 9500 Belair Road (US-1)
Baltimore County, MD 21236

WEDNESDAY, MAY 27, 2015
AT 11:00 A.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:
Chapel Village Condominium is a late-1980s garden apartment complex, situated east of the 9500 Block of Belair Road, north of Joppa Road and south of Chapel Road.  The apartment community appears to be well maintained.  Units are a mixture of owner-occupants and tenants.

According to the Baltimore County government web site, nearby schools are Gunpowder Elementary, Perry Hall Middle and Perry Hall High.  Shopping, public transportation and public amenities are within the community.  The neighborhood is convenient to employment centers.

BUILDING:
Brick garden apartment building, believed to have been constructed in 1987-1988.  Each unit owner has an assigned surface parking space.  There are ample guest parking spaces.  The building has a secure intercom lock entry system.

UNIT:
Terrace level apartment - according to published tax records, the unit contains 982 square feet of living area.  The apartment contains:

  • Foyer - vinyl floor, coat closet
  • Living Room/Dining Room combination - carpeting, door from living room to outside patio

     

     

  • Eat-in Kitchen - vinyl floor, dishwasher, electric range/oven, disposal, sliding doors to patio
    juliet14 u103 kitchen
  • Master Bedroom - carpeting, walk-in closet, ceramic tile Master Bathroom (shower)

     

     

  • Bedroom #2 - carpeting, double closet
    juliet14 u103 bed2
  • Full Hall Bathroom - ceramic tile
    juliet14 u103 bath
  • Linen Closet
  • Laundry and Utility Closet - stacking washer and dryer

Mechanical

  • Heat Pump and Central Air Conditioning
  • Electric 50-gallon water heater
  • Circuit Breakers
  • Security Alarm

The unit needs new carpeting and painting.

TITLE:
The property is in fee simple and sold free and clear of liens.  Baltimore County Deed Liber 33551, Page 348.

TAXES:
Published annual real estate taxes for 2015 are $1,834.53, based on a full value assessment of $100,000.  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

CONDOMINIUM INFORMATION:
Monthly condominium fees are $135 per month.
Condominium Documents

TERMS OF SALE:
A $5,000 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.  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, condominium fee, 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.  Purchaser agrees to waive any right of rescission under Maryland Condominium 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