PUBLIC AUCTION

OWINGS MILLS
COMMERCIAL
DEVELOPMENT SITE

3 - Parcels1.48± Acres



2 HOUSES WITH GARAGES
& BUILDING LOT


1966 Corvair Convertible
& Personal Property


Sale On Premises
10803-10809 REISTERSTOWN ROAD
BALTIMORE COUNTY, MD 21117

THURSDAY, MARCH 23, 2006
AT 11:00 A.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.

GENERAL INFORMATION

LOCATION:

Great high traffic count location, on Owings Mills' main commercial thoroughfare. The site is on the Metro bus line, within minutes of the Metro Subway station and I-795, between Pleasant Ridge Road and Enchanted Hill Road. The property has numerous potential uses for either commercial development or renovation to the existing structures.

For demographics of Owings Mills (based on 2000 Census Data), visit:
http://www.city-data.com/city/Owings-Mills-Maryland.html

LOCATION MAP & DIRECTIONS

GENERAL SITE
INFORMATION:

Public water is in the site. The existing structures are serviced by a private septic system

AERIAL VIEW - CLOSE UP

AERIAL VIEW - OVERVIEW

BALTIMORE COUNTY TAX MAP

SITE SKETCH
(By Auctioneer - The site is being re-surveyed and staked prior to the auction. New survey plats will be posted when available.)

LOCATION SURVEY - 10803 (1988)

LOCATION SURVEY - 10807 (Date Unknown)


10803 REISTERSTOWN ROAD
(Tax Map 58, Grid 15, Parcel 226)

FRONT VIEW      REAR VIEW

PROPERTY DESCRIPTION:
Main House

Wood shake shingle 2-1/2 story home, Circa 1896 (according to tax records), features: wrap around front porch, covered rear porch and screened side porch; hardwood floors; gas hot water heat and 100 ampere housepower and is arranged as follows:

Entry foyer, living room with fireplace, dining room, eat-in kitchen and bathroom, on the first floor; 4 bedrooms and bathroom, on the second floor; walk-up floored attic; basement with laundry room and storage room.


DINING ROOM     LIVING ROOM     KITCHEN    
BEDROOM #1     BEDROOM #2     LAUNDRY/UTILITY ROOM

Detached
Garage/Apartment

4+ car oversized garage with 4 double door entry on the main level; apartment above which contains a living room, dining room, bedroom, kitchen and bathroom. Note: The garage has a mailing address of 10805 Reisterstown Road.


FRONT VIEW      LIVING ROOM      BEDROOM

Storage Building

Detached one story building (former chicken coop)



SITE:

1.05 acres, more or less, with approximately 168' road frontage along Reisterstown Road

Public water and private septic

LOCATION SURVEY (1988)

ANNUAL TAXES:

$3,187

TITLE:

In fee simple; sold free and clear of all liens

ZONING:

Zoned BL, business local

Visit the Baltimore County Web Site for additional zoning info:
http://gcp.esub.net/cgi-bin/om_isapi.dll?clientID=50316
&advquery=BR&infobase=baltimor.nfo&softpage=Browse_Frame_Pg42


DEPOSIT:

$30,000


10807 REISTERSTOWN ROAD
(Tax Map 58, Grid 15, Parcel 225)

FRONT VIEW      REAR VIEW

PROPERTY DESCRIPTION:
Main House

Shingle sided home, features: covered front porch; hardwood floors; newly installed gas forced hot air furnace and is arranged as follows:

Living room with gas fireplace, dining room, eat-in kitchen, bedroom and bathroom, on the first floor; 2 bedrooms and bathroom, on the second floor; full basement. Note: The home is in need of repairs.


DINING ROOM      LIVING ROOM      BEDROOM      FURNACE

Detached Garage

2+ car garage



SITE:

0.21 acre, more or less, with approximately 63' road frontage along Reisterstown Road

Public water and private septic

LOCATION SURVEY - (Date Unknown)

ANNUAL TAXES:

$1,211

TITLE:

In fee simple; sold free and clear of all liens

ZONING:

Zoned OR2, office/residential

Visit the Baltimore County Web Site for additional zoning info:
http://gcp.esub.net/cgi-bin/om_isapi.dll?clientID=50316
&advquery=BR&infobase=baltimor.nfo&softpage=Browse_Frame_Pg42


DEPOSIT:

$20,000


10809 REISTERSTOWN ROAD
(Tax Map 58, Grid 15, Parcel 224)

SITE:

Unimproved 0.22 acre lot, more or less, with approximately 90' road frontage along Reisterstown Road, with depths of 216' & 215', more or less. Note: The site was formerly improved by a home which has been torn down.

Public water is available to the site

ANNUAL TAXES:

$1,281

TITLE:

In fee simple; sold free and clear of all liens

ZONING:

Zoned OR2, office/residential

Visit the Baltimore County Web Site for additional zoning info:
http://gcp.esub.net/cgi-bin/om_isapi.dll?clientID=50316
&advquery=BR&infobase=baltimor.nfo&softpage=Browse_Frame_Pg42


DEPOSIT:

$10,000


MANNER OF SALE

       Each parcel with be offered individually, then as an entirety and sold in the manner producing the greater amount.

TERMS OF SALE FOR THE REAL ESTATE

       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 existing zoning, the exact lot sizes, and the nature and description of the improvements as contained herein; and subject to easements, agreements, restrictions or covenants of record affecting same, if any. 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!


1966 CORVAIR CONVERTIBLE



       Garage stored 2-door convertible, not currently operable. Terms: Cash or certified funds and immediate removal required. The vehicle must be inspected as provided by Maryland law.


PERSONAL PROPERTY

       Assorted household furniture, knick knacks, garden tools and equipment, antique washing machine, etc. Terms: Cash or certified funds only. Immediate removal required pursuant to announcement at the time of sale. Most items are being sold in bulk. Manner of sale of the personal property to be announced at the time of sale. For a complete list, download the CATALOGUE (pdf).

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