REAL ESTATE AUCTION

BACK RIVER

Recently Remodeled
WATERFRONT BUNGALOW
140' Deep Water Pier With Boat Lift
Excellent Bay AccessCommanding View

Photos of auction property
VIEW OF BACK RIVER      HOUSE VIEW- RIVER SIDE
HOUSE VIEW- STREET SIDE      ORNAMENTAL FISH POND

Sale On Premises
326 RIVERSIDE DRIVE
Off 400 Eastern Boulevard in Essex
Baltimore County, MD 21221

THURSDAY, OCTOBER 26, 2006
AT 2:00 P.M.


LOCATION:

326 Riverside Drive is located along the eastern shore of Back River, south of Eastern Boulevard and north of Cox Point Park. Access to the Baltimore Beltway (I-695) is five minutes drive providing an easy commute to regional employment centers. From Beltway (I-695) Exit 36 follow Route 702 to Eastern Boulevard (MD-150) west to 400 block and turn left on Riverside Drive. Follow Riverside Drive to 326 on right. While very convenient to all public amenities, the landscaped waterfront lot exudes a tranquil country serenity.

LOCATION MAP

SITE:

Nearly rectangular lot - 50' x 285' or 0.32 acre, more or less
Rip-rap bulkhead
Recent wood pier with boat lift, lighting, water and electricity
Approximately 5' water depth at end of pier
Landscaped gardens and large trees
Ornamental fish pond
Ample parking
Fenced yard
Storage Shed
Photos of auction property
PIER      BOAT LIFT      STORAGE SHED

TAX MAP

HOME:

Recently remodeled one and one-half story vinyl sided bungalow, circa 1950

Exterior
Covered waterfront porch
Composite sun deck
Double glazed replacement windows
Composition shingle roof, aluminum rain gutters and downspouts
Concrete block foundation
First Floor
Foyer - hardwood floor
Living Room - water view, hardwood floor, sliding doors to covered porch
Photo of
Dining Room - wood parquet floor, pellet stove, ceiling fan, open to kitchen
Photo of
Kitchen - Updated KraftMaid cabinets, garden window, island with gas range, stainless steel sink, dishwasher, duplex refrigerator, double wall oven
Photo of
Master Bedroom - carpeting, ceiling fan
Photo of
Master Bath - whirlpool tub, separate shower stall
Photos of auction property
MASTER BATH PHOTO #1      PHOTO #2

Bedroom #2 - carpeting
Full Bath #2
Laundry - washer and dryer
Photo of
Second Floor
Bedroom #3 - carpeting
Photo of
Basement - unfinished
Mechanical
Gas forced hot air heat
Central air conditioning
Gas 50-gallon water heater
200-ampere electrical service
Sump pump
Public water and sewer

TAXES:

2006 real estate taxes are estimated to be $1,862.30

TITLE:

In fee simple. The property is sold free and clear of liens. Deed Liber 23494, folio 77.

TERMS OF SALE: 

A $25,000 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 within 45 days. If payment of the 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 sale to date of settlement. All adjustments, including taxes, all other public charges and assessments payable on an annual basis, and 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, and subject to easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser assumes the risk of loss from the date of sale 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 and transfer taxes to be paid by the purchaser. Time is of the essence.

Broker participation is invited.
BROKER REGISTRATION FORM