"Greenspring Valley"

Locally Famous Underground Home
2,773 +/- Sq. Ft., Garage, In-Law Suite
1.15+/- Acre Wooded Lot
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Listing Details

Sold Price
$250,000
Auction Date
Auction Time
11:00 AM
Auction Note
Sale to be held: A.J. Billig & Co., Auctioneers Office, 6500 Falls Road, Baltimore, MD 21209
Address
1301 Hillside Road, Stevenson, MD, 21153
County
Baltimore County
Neighborhood
Greenspring Valley
Inspection
The property will be open from 9:45am - 10:45am on the day of the auction.
The property will also be available to inspect prior to the auction. 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 within 24 business hours.
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

GREENSPRING VALLEY

Locally Famous
UNDERGROUND HOME
2,773± Sq. Ft. ✦ Garage ✦ In-Law Suite
- 1.15± Acre Wooded Lot -

Suitable for Renovation
or Redevelopment

Known As
1301 HILLSIDE ROAD
Near Greenspring Avenue
Stevenson, Baltimore County, MD 21153

Sale To Be Held:
A.J. Billig & Co., Auctioneers Office
6500 Falls Road
Baltimore, MD 21209

FRIDAY, DECEMBER 16, 2016
AT 11:00 A.M.

- SUGGESTED OPENING BID: $99,000 -

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:
1301 Hillside Road is located in Stevenson in northwest Baltimore County. Stevenson is a well sought after location due to proximity to both I-83 and I-695, while retaining the character of a much more rural community. Surrounding properties include large estate homes, farms and school grounds. According to bcps.org, area public schools are Fort Garrison Elementary, Pikesville Middle and Pikesville High.

The home at 1301 Hillside Road has been a notable piece of architecture in the area for the last few decades. The unique aesthetic centers on the incorporation of the structure into the surrounding environment. The exterior of the home has a grass roof, and utilizes materials that blend with the wooded grounds. The interior layout fosters a mid-century modern feel. The home is in need of full renovation, and may be suitable for redevelopment.

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

SITE:
Mostly wooded lot comprising 50,094 square feet, or 1.15 acre, more or less

The lot fronts 280' along Hillside Road with depths of approximately 178' and 168'

Asphalt driveway with parking area

Split rail fence and landscaping retaining walls

Well and septic

IMPROVEMENTS:
Custom contemporary ranch home with two car attached garage - the home was constructed in 1982 and contains 2,773 square feet of living area, according to public tax records.

Exterior
Block and concrete construction
Wood siding
Green roof
Mixed windows
Skylights

Interior

First floor (right)

  • Living Room - ceramic tile floor, gas burning fireplace and built-ins
  • Dining Room - parquet wood floor
  • Galley Kitchen - laminate floor, laminate countertops
  • Laundry area - sink, washer/dryer, 2 closets

First floor (left)

  • Hallway - ceramic tile floor
  • Full hall Bath - ceramic tile floor, shower/tub
  • Den/Bedroom - parquet wood floor
  • Full Bath - ceramic tile floor
  • Family Room/Bedroom - ceramic tile floor, wood burning fireplace
  • Walk-in closet
  • Library - ceramic tile floor, wood burning fireplace, built-in shelves

In-law Suite

  • Kitchen - laminate floor, laminate countertops
  • Living Room
  • Bedroom - large closet
  • Full Bath - shower tub

Mechanical
Electric heat pump
CAC
80 gallon electric water heater

Note: The home is in need of complete renovation, with evidence of water damage, mildew and potentially mold. No environmental inspections have been made. Purchasers are encouraged to perform their own inspections of the property in advance of the auction.

TAXES:
Current annual real estate taxes are $5,203 based on a full value assessment of $422,200. 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

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

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 by 11:00 A..M., Monday, December 19, 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 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 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.

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