Sale on Premises
3220 N. ROLLING ROAD
Between Windsor Mill and Liberty Roads
Baltimore County, Maryland 21244

THURSDAY, AUGUST 5, 2010
AT 11:00 A.M.

Suggested Opening Bid: $65,000

        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.  DIMENSIONS AND SQUARE FOOTAGE CONTAINED HEREIN ARE MORE OR LESS.

The property is located in the Windsor Mill neighborhood of western Baltimore County, just a few minutes west of Baltimore City. Proximate area neighborhoods are Randallstown, Lochearn and Woodlawn. The home is close to I-695, I-70 and I-795, offering good access to employment centers, including Social Security just a few miles to the east. Area properties are mainly newly built single-family and attached homes, with some older homes, and are substantially home-owner occupied. This property has an unusually large lot size for the area, and the home is a unique reflection of the farming past of this part of Baltimore County. Schools, entertainment and shopping are all nearby. According to the Baltimore County Public Schools website (www.bcps.org), neighborhood public schools are Winfield elementary, Windsor Mill Middle and Milford Mill Academy.

For directions from your location, visit: maps.google.com

Irregularly shaped, mostly level lot has approximate dimensions of 112' front, with depths of 331', and contains 41,544 square feet, or 0.95 acre, more or less.

Circular driveway and additional off street parking

Detached garage used as a storage building

Victorian era two story farmhouse contains 2,052 square feet above grade, and 1,324 of basement space, according to public tax records. The property features some architectural details, including stone surrounded well head, stone and hardwood floors, and ball and claw-foot tub. The property is in need of full restoration and is arranged as follows: living room, dining room, kitchen, sun porch, bedroom and bath, on the first floor; two rooms, bath and laundry room, on the second floor; basement.

The auction offers an opportunity for an investor looking to rehabilitate and resell a property with a nice, large lot, or for a home-buyer looking for a restoration project in a very convenient location.

DR 5.5, Residential.

Published 2010 real estate taxes are $2,001.97, based on a full value assessment of $208,200. The property may be able to be reassessed on the basis of a purchase price substantially less than the current assessed value. Prospective purchasers are encouraged to research assessment appeal procedures for Baltimore County.

Call for pre-qualification:

Mr. Craig Kessler
Freedmont Mortgage Funding
50 Scott Adam Road
Hunt Valley, Maryland  21030
410-654-3900 direct
410-702-4511 fax
craig@greatloanofficer.com

One hour prior to sale. Please contact Rachel@ajbillig.com for special inspection requests.

Deposit of $5,000, payable by certified or cashier's check, will be required of the purchaser 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.  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.  All adjustments, including taxes, ground rent, 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, 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. 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. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser. TIME IS OF THE ESSENCE.

NO BUYERS PREMIUM!

Broker participation is invited.
BROKER REGISTRATION FORM (pdf)