Absolute Above $100,000 - "Arbutus - Arbour Manor"

Two Story Brick End-Of-Group Townhome
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Listing Details

Sold Price
$154,000
Auction Date
Auction Time
2:00 PM
Address
1020 Elm Road, Arbutus, MD, 21227
County
Baltimore County
Neighborhood
Arbutus, Arbour Manor
Inspection
The home will be open 45 minutes prior to the auction.
Additional Documents
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., Attorney
Karen Allen Nicolaus, Attorney
1002 Frederick Road
Catonsville, MD 21228

★ABSOLUTE★
ESTATE AUCTION
To the Highest Bidder Above $100,000

ARBUTUS

"Arbour Manor"

Two Story Brick
END-OF-GROUP
TOWNHOME

Sale On Premises
1020 ELM ROAD
Halethorpe, Baltimore County, MD 21227

THURSDAY, SEPTEMBER 29, 2016
AT 2:00 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:
1020 Elm Road is located in the Arbutus-Halethorpe area of southwestern Baltimore County.  Situated just off Rolling Road, I-195, I-95 and near the Baltimore Beltway (I-695), the neighborhood is convenient to employment centers throughout the metropolitan area.  BWI Airport and MARC trains are close by.  

Arbor Manor, the subject neighborhood, is a mixture of well-maintained two story brick townhomes and detached houses.  The neighborhood is within walking distance of neighborhood shopping, public library, senior center and a park.  University of Maryland Baltimore County is about one mile north.  

According to the Baltimore County government web site, nearby public schools are Relay Elementary, Arbutus Middle and Lansdowne High.

SITE:
Rectangular lot - 28.42' x 126'
Zoning DR 10.5, residential
All public utilities
Chain link fenced rear yard
3-car parking pad in rear

IMPROVEMENTS:
Two Story, Covered Porchfront, End-of-Group Brick Townhome was built in 1954, contains 1,116 square feet of living area and 558 square feet of basement space, according to published tax records.  The house was occupied by the original homeowner.  

Exterior
Brick facade
Pitched, composition shingle roof with aluminum rainspouts
Vinyl-clad double hung windows
Front and rear porches

Interior
Plaster walls
Wood floors below carpeting

First Floor

  • Foyer - vinyl floor
  • Living Room - carpet over wood
  • Dining Room - carpet over wood
  • Kitchen - vinyl floor, wood cabinets, laminate counters, dishwasher, electric range, wall oven, refrigerator, exit to rear porch

Second Floor

  • 3 - Bedrooms - wood floors
  • Full Bathroom - ceramic tile floor and wainscot
  • Pull-down Attic with floor
  • Linen Closet

Basement

  • Knotty Pine Club Room - vinyl floor
  • Shower Bathroom - vinyl floor, fiberglass shower
  • Laundry/Utility Room - washer and dryer, utility sink, outside exit

Mechanical
Updated gas forced air heat and central air conditioning
Gas, 40-gallon water heater
60 amp. electrical service
Sump pump

TITLE:
The property is sold free and clear of liens, subject to an annual $96 ground rent.  Baltimore County Deed Liber 2757, page 306.

TAXES:
Published annual real estate taxes are $2,073.78, based on the full value assessment of $148,600.  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://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx

TERMS OF SALE:
A $10,000 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 contract to date of settlement.  All adjustments, including taxes, ground rent, 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.

No buyer's premium.

Auction by order of the Personal Representative
of the Estate of Gloria V. Johnson