"Sparrows Point"

Ranch Home
On 0.129 +/- Acre
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Listing Details

Sold Price
$150,000
Auction Date
Auction Time
2:00 PM
Address
2404 Ketchum Avenue, Sparrows Point, MD, 21219
County
Baltimore County
Neighborhood
Sparrows Point, Edgemere
The property will 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. Inspection requests are normally answered Monday-Friday 9 am-4 pm.
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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Anthony E. Doyle, Attorney
1002 Frederick Road
Catonsville, MD 21228

REAL ESTATE AUCTION

SPARROWS POINT

RANCH HOME
- On 0.129 +/- Acre -

Sale On Premises
2404 KETCHUM AVENUE
Sparrows Point, MD 21219

THURSDAY, DECEMBER 22, 2016
AT 2:00 P.M.

- Suggested Opening Bid: $50,000 -

      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:
2404 Ketchum Avenue is situated in the Sparrows Point-Edgemere area of southeastern Baltimore County. The area is very close to the Baltimore Beltway (I-695) providing good linkage to employment centers throughout the Baltimore metropolitan area. The surrounding area is a mixture of residential and commercial land uses. The community is water-oriented, being located along Jones Creek and the Chesapeake Bay. Sparrows Point and North Point Roads comprise the community business district. North Point State Park is just east of the property.

For more information, see:
http://myneighborhood.baltimorecountymd.gov/

Zoning - DR 5.5 residential

SITE:
Rectangular lot 0.129 Acre, more or less

Front and rear yards

Public utilities

IMPROVEMENTS:
One story aluminum siding ranch home - according to public tax records, the home was constructed in 1972 and contains 1,248 square feet of living area. The home features a large bay window, wooden deck, wood stove and is arranged as follows: living room, dining room, kitchen, 3 bedrooms and 1.5 baths.

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

TAXES:
Published annual real estate taxes are $2,133.92 based on a full value assessment of $153,167. 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 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!