"Lansdowne - Riverview"

Two Story Brick Townhome
Currently Rented for $950 Per Month
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Listing Details

Sold Price
$64,000
Auction Date
Auction Time
11:00 AM
Address
4013 Hollins Ferry Road, Baltimore, MD, 21227
County
Baltimore County
Neighborhood
Lansdowne, Riverview
Inspection
The home will be open 45 minutes before the auction.
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  

- $35,000 Suggested Opening Bid -

LANSDOWNE

"Riverview"

TWO STORY BRICK TOWNHOME
Currently Rented for $950 Per Month

Sale On Premises
4013 HOLLINS FERRY ROAD
Baltimore County, MD 21227

WEDNESDAY, NOVEMBER 9, 2016
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:
The property is located in the Riverview neighborhood of southwestern Baltimore County. The neighborhood is predominantly comprised of two story townhomes, built in the 1950s. Baltimore Beltway (I-695) Exit 9 is about one mile west of the neighborhood. Public bus service is on Hollins Ferry Road. According to the Baltimore County government web site, nearby public schools are Riverview Elementary, Lansdowne Middle and Lansdowne High. The neighborhood has good access to area employment centers, shopping and public services. Homes in Riverview are owner and tenant occupied.

SITE:
Rectangular lot 16' x 105'
Zoning DR 10.5
Fenced yard
Public utilities

IMPROVEMENTS:
Two story inside-group brick townhome, built in 1955 and containing 1,024 square feet of living area, according to published tax records. The home has covered front and rear porches, vinyl-clad replacement windows, updated bath, gas heat and central air. First floor has a living room and eat-in kitchen; three bedrooms and bath on the second floor.

The home is currently rented for $950 per month under a month-to-month lease and has a current registration under the MDE lead rental registration program.

TITLE:
The property is sold free and clear of liens, subject to an annual $90 ground rent, due February 11 and August 11 in each and every year. Baltimore County Deed Liber 34687, folio 127.

TAXES:
Published annual real estate taxes are $1,495.22, based on a full value assessment of $88,800. 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 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 $4,000 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. All adjustments, including taxes, rents, 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 settlement 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.