"Rosedale - Rosedale Terrace"

4 Bedroom, Cape Cod Home
9808.jpg

Listing Details

Sold Price
$96,000
Auction Date
Auction Time
12:30 PM
Address
1019 Sumter Avenue, Rosedale, MD, 21237
County
Baltimore County
Neighborhood
Rosedale, Rosedale Terrace
Inspection
The property will be open for inspection 45 minutes prior to the auction.
The property is also 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.
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

Use Mobile?
9807.jpg
9807.jpg
9809.jpg
9810.jpg
9806.jpg
9808.jpg

Lawrence D. Adashek, Attorney
8 Reservoir Circle, Suite 104
Baltimore, MD 21208

TRUSTEE’S AUCTION
- $50,000 Suggested Opening Bid -

ROSEDALE

"Rosedale Terrace"

4 Bedroom
CAPE COD HOME

Sale On Premises
1019 SUMTER AVENUE
Baltimore County, MD 21237

WEDNESDAY, JUNE 22, 2016
AT 12:30 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:
From Pulaski Highway (U.S. 40) follow Chesaco Avenue south to Sumter Avenue, then left to property.  Rosedale Terrace is conveniently located south of Route 40, east of I-95 and west of the Baltimore Beltway (I-695), providing excellent access to area employment centers.  Neighborhood housing is a mixture of detached home styles.  According to the Baltimore County government web site, nearby public schools are Red House Run Elementary, Golden Ring Middle and Overlea High.

SITE:
Rectangular lot, 50' x 300', comprises 0.34 acre
Zoning DR 5.5, residential
Public utilities
One-car garage and three-car parking pad

IMPROVEMENTS:
Two level Cape Cod-style home, built in 1954 and containing 1,360 square feet of living area, according to published tax records.  

Exterior
Vinyl siding
Vinyl-clad double hung windows
Composition shingle roof, aluminum rain spouts
One-car detached garage
Rear Sun Deck

First Floor

  • Living Room - carpeting
    sumter1019 living
  • Eat-in Kitchen - ceramic floor, oak cabinets, ceramic counters, gas range/oven, refrigerator, built-in corner cabinets

     

     

  • Large Master Bedroom - carpeting
    sumter1019 mabed
  • Full Bathroom - ceramic tile
    sumter1019 bath
  • Bedroom #2 (used as a Dining Room) - carpeting
    sumter1019 dining bed
  • Laundry Room - washer, dryer, utility sink
    sumter1019 laundry

Second Floor

  • Bedroom #3 - carpeting, knotty pine paneling
    sumter1019 bed3
  • Bedroom #4 - carpeting, knotty pine paneling
    sumter1019 bed4

Mechanical
Gas, hot water heat
Gas, 40-gallon water heater
Circuit breakers

The home needs updating and cosmetic repairs.

TITLE:
The property is in fee simple and sold free and clear of liens.  Baltimore County Deed Liber 36447, Page 207.

TAXES:
Published annual real estate taxes are $1,609.07, based on a full value assessment of $121,400.
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://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx

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 contract to date of settlement.  All adjustments, including taxes, 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:
Laura A. Shiloh, Trustee of the Joseph T. Dausch Special Needs Trust