"Anneslie"

Circa 1922 California Bungalow
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Listing Details

Sold Price
$290,000
Auction Date
Auction Time
12:30 PM
Address
500 Murdock Road, Baltimore, MD, 21212
County
Baltimore County
Neighborhood
Anneslie
Please click the above link to open the Waiver, Indemnity and Premises Use Certification form, fill it out, sign it, and return it to the office of the Auctioneer by fax to 410-296-4420 or email info@ajbillig.com. Once the completed form has been received, you will receive inspection instructions via email. Inspection instructions will be provided on the afternoon of Friday, September 2 for inquiries received prior to that time.
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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Arthur L. Drager, Attorney
Law Offices of Arthur L. Drager, LLC
One North Charles St. - Suite 1200
Baltimore, Maryland 21201

GUARDIAN’S AUCTION

ANNESLIE

C. 1922
CALIFORNIA BUNGALOW
3,053+/- Sq. Ft. ✦ 2 Car Garage

Sale On Premises
500 MURDOCK ROAD
Baltimore County, MD 21212

THURSDAY, SEPTEMBER 15 , 2016
AT 12:30 P.M.

- Suggested Opening Bid: $175,000 -

    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:
500 Murdock Road is located in the Anneslie neighborhood in Baltimore County at the southern edge of Towson. Surrounding communities include Rodgers Forge, Stoneleigh, Idlewylde and Cedarcroft. Listed on the National Register of Historic Places, Anneslie has long been a desirable location based on its unique and varied architecture, abounding conveniences within walking distance, and an amazing proximity to both Towson and Downtown Baltimore. Anneslie fosters an active community association, which hosts a movie night, annual picnic, Halloween Parade and other seasonal activities. According to bcps.org, surrounding schools are Stoneleigh Elementary, Dumbarton Middle and Towson High.

For more information about the area, please visit:
http://www.baltimorecountymd.gov/
http://myneighborhood.baltimorecountymd.gov/
http://www.anneslie.org/
and
http://www.bcps.org/

SITE:
Rectangular lot 63' x 125', or 0.18 acre, more or less

Two car detached garage - cedar shingle exterior and asphalt shingle roof

Concrete Driveway

Zoning DR 5.5, residential

All public utilities

IMPROVEMENTS:
California Bungalow - according to public tax records, the home was constructed in 1922, contains 3,053 square feet of living area and 1,440 square feet of unfinished basement space. The home features a flagstone chimney, hardwood floors, some original windows, two staircases, an enclosed porch and second story covered porch.

Exterior:
Stucco facade
Asphalt shingle roof
Slate roof fascia
First story covered porch with glass doors for enclosure
Second story covered porch
Vinyl clad replacement windows
Some original windows
Some wood storm shutters

Interior:
First Floor -
•    Living room - hardwood floor, fireplace with brick mantle
•    Sun room - clay tile floor
•    Dining room - hardwood floor
•    Eat-in kitchen - wood floor, some updated cabinets
•    Mud area - walk-out to rear yard and garage
•    Bedroom - carpet over hardwood
•    Bedroom - carpet over hardwood
•    Full bathroom - ceramic tile, wainscot, shower-tub

Second Floor -
•    Bedroom - carpet over hardwood
•    Pass-through bedroom - hardwood
•    Bedroom - hardwood floor with inlay, access to second floor balcony
•    Bedroom - hardwood floor with inlay
•    Bedroom - carpet over hardwood
•    Full bathroom - ceramic tile floor and surround

Basement - unfinished
•    Laundry area - cast iron 3 vessel sink
•    Potential wine cellar
•    Flush

Utilities:
Gas fired boiler with expansion tank - hot water radiators
100 amp. electrical service
50 gallon gas water heater
One electric meter, two gas meters

Note: The home is in need of renovation. Basement pipes are insulated with what may be asbestos. No tests or formal inspections whatsoever have been conducted by the Guardian, owner or Auctioneer. Purchasers are responsible to conduct their own due diligence. Opportunities for home inspection, contractor estimates and environmental testing will be permitted prior to the auction at the sole cost of the prospective purchaser. Please see inspection information.

TITLE:
In fee simple;  and sold free and clear of liens.

TAXES:
Published annual real estate taxes are $4,159.07 based on a full value assessment of $305,400.  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
 
INSPECTION:
The home may be inspected one hour prior to the auction, and by appointment after Friday, September 2.

Note: The home is currently occupied. Please be courteous to the occupant if viewing the exterior of the property prior to September 3. Do not knock or attempt to gain entry to the property.

TERMS OF SALE:
A $20,000 deposit, payable by certified check or 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!
Sale by Order of:
Arthur L. Drager, Guardian of the Property
of Arthur L. Buist