PUBLIC AUCTION
At The Risk And Expense
Of The Defaulting Purchaser


WOODLAWN
"Ripplewood/Hebbville"

Fire Damaged
STONE FARMHOUSE

& ADJACENT LOT


FRONT VIEW     SIDE VIEW

Sale On Premises
2204 PINE AVENUE
Off 7300 Windsor Mill Rd.
BALTO. CO., MD 21244

TUESDAY, SEPTEMER 27, 2005
AT 2:00 P.M.


       NOTE: The information contained herein has been obtained from sources deemed reliable and believed to be accurate. However, no express or implied warranty is made as to the accuracy of these representations. Prospective purchasers are encouraged to consult with the appropriate government authorities regarding the permitted uses of the property and perform their own due diligence in advance of the auction. All dimensions and acreage contained herein are more or less.

LOCATION

      Great location just minutes from Rutherford Business Center, Windsor Corporate Park, Meadows Industrial Park, Social Security Complex and I-695. The property is situated near the intersection of Rolling Road and Windsor Mill Road, off the 7300 block of Windsor Mill Road. A new housing development is underway on Pine Avenue. This is one of the few properties with open space in the area. Ample shopping is nearby along Liberty Road, Security Boulevard and Rolling Road. This property presents a great development opportunity.

LOCATION MAP & DIRECTIONS


2204 PINE AVENUE

SITE:

0.56 acre (according to Maryland Tax Records) - The lot is irregularly shaped and located at the end of Pine Avenue (which becomes Woodripple Road).

Public water and sewer are in the property

TAX MAP

LEGAL DESCRIPTION

(Requires Acrobat Reader to view)
Click Logo to get Adobe Acrobat Reader

ZONING:

Zoned D.R. 5.5, residential

IMPROVEMENT
DESCRIPTION:

Unique stone two story farm house comprising approximately 1,900 square feet, more or less. The home has been extensively fire damaged and is not habitable. There is an attached 2 car concrete block garage.

REAL ESTATE TAXES:


$1,581

TITLE:

In fee simple; sold free and clear of all liens. Deed recorded among the land records of Baltimore County in Liber 8772, Folio 809. Baltimore County Tax Map 87, Grid 5, Parcel 433.

DEPOSIT:

$5,000 payable by certified or cashier's check at time and place of sale. The deposit is to be increased to 10% of the purchase price within 24 hours at the office of the Auctioneers.

INSPECTION:

1:00 p.m. on the day of sale


PARCEL 574 - 0.10 AC. SES WOODRIPPLE ROAD

SITE:

0.10 acre, more or less.

Public water and sewer are available

Zoned D.R. 5.5, residential

Note: No warranty is being made as to the buildability of the lot

TAX MAP

LEGAL DESCRIPTION

(Requires Acrobat Reader to view)
Click Logo to get Adobe Acrobat Reader

REAL ESTATE
TAXES:


$54

TITLE:

In fee simple; sold free and clear of all liens. Deed recorded among the land records of Baltimore County in Liber 8772, Folio 809. Baltimore County Tax Map 87, Grid 5, Parcel 574.

DEPOSIT:

$1,500 payable by certified or cashier's check at time and place of sale. The deposit is to be increased to 10% of the purchase price within 24 hours at the office of the Auctioneers.

TERMS OF SALE

       Deposits as stated above payable by certified or cashier's check will be required of the purchaser at time and place of sale. The deposits are to be increased to 10% of the purchase price within 24 hours at the office of the Auctioneers. Balance to be paid in cash within 45 days. If payment of the balance does not take place within the specified time, the deposit will be forfeited and the property may be resold at the risk and expense of the defaulting purchaser. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of sale to date of settlement. Taxes and all other public charges and assessments, payable on an annual basis, including sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of sale and assumed thereafter by the purchaser. The property will be sold in "AS IS" condition, without express or implied warranty as to the nature and description of the improvements as contained herein; and subject to easements, agreements, restrictions or covenants of record affecting same, if any. Dimensions and acreage contained herein are more or less. Purchaser assumes risk of loss from the date of sale 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 Auctioneer. The purchaser agrees to waive the right of inspection for lead paint as provided under current Federal and State Law. Cost of all recordation and transfer taxes to be paid by the purchaser. TIME IS OF THE ESSENCE. NO BUYERS PREMIUM!