Outstanding Development Parcel "Milford Mill Swim Club" 18.762± Acres, Pools, Pavilions, Quarry Lake & Stream

15667_milfordmill3900_aerial.jpg

Listing Details

Sold Price
$775,000
Auction Date
Auction Time
2:00 PM
Address
3900 Milford Mill Road, Baltimore County, MD, 21244
County
Baltimore County
Neighborhood
Milford Mill
Scroll down for Complete Details, including: property description and Terms of Sale.

REAL ESTATE AUCTION
- Baltimore County, MD -

Outstanding Development Parcel
MILFORD MILL SWIM CLUB
18.762± Acres Zoned BM & DR 5.5

Featuring
Indoor & Outdoor Pools, Pavilions,
Quarry Lake & Stream

 

Potential Housing Subdivision,
Church/School Site, Camp or Club

 

 Sale On Premises
3900 MILFORD MILL ROAD
At Washington Avenue, 21244

THURSDAY, JUNE 27, 2013
AT 2:00 P.M.


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 & DIRECTIONS:

Milford Mill Swim Club has been a fixture in the Milford Mill area of western Baltimore County for more than 50 years.  The property is located north of Liberty Road (MD-26) in Woodlawn and southwest of Reisterstown Road (MD-140) in Pikesville, with access to Baltimore Beltway (I-695) Exit 18 less than one mile to the south.  An automated traffic signal is located at the intersection of Milford Mill Road and Washington Avenue, the property's well marked entrance drive.


Thousands of housing units are located within one-half mile of the site.  Community housing is a mixture of single family detached homes and garden apartments.  The swim club property is one of the last undeveloped parcels in the area.  Milford Mill Academy High School is opposite the property.

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

 

SITE AREA

Featured in John Water's 1990 cult classic film, "Cry Baby," starring Johnny Depp, Milford Mill Swim Club includes a former stone quarry lake with pier and zip lines, picnic pavilions, indoor and outdoor swimming pools and large shade trees on a scenic rolling site.  The property has a entry drive with security gate and large asphalt parking area.

Photos of auction property
ENTRANCE SIGN    SITE VIEW #1    SITE VIEW #2    STREAM
PARKING AREA - PHOTO #1    PHOTO #2    PHOTO #3


HISTORY (pdf)


The parcel comprises 18.762 acres of land more or less, fronting approximately 200' along Milford Mill Road.  The site is panhandle-shaped with a width of approximately 900' and a depth of approximately 900'.  A former stone quarry pond encompasses about two acres of the site.  The parcel is bisected by a meandering stream with steel bridge.
Photos of auction property


PLAT (pdf)


Utilities - Public water, public sewer, electricity and telephone service are in the property.  Bottled propane gas is used for cooking.


Zoning - Approximately 1/3 of the site is zoned BM, Business Major.  The balance is zoned DR 5.5, residential, 5.5 units per acre.


Zoning Map:
Photos of auction property


For more information, see the  Baltimore County Zoning Code.


Cell Tower - A Mobilite Cell Tower is located on the eastern corner of the site.  The tower lot is leased until September 30, 2026.  The prior property owner took a lump sum rent payment.  Therefore, the cell tower is not generating income.

Mobilite Cell Tower Lease (pdf)

Mobilite Estoppel Certificate (pdf)

Cell Tower Plat (pdf)

 

IMPROVEMENTS


The facility has not been operated for the past year and needs maintenance and updating for continued use as a swim club.

 

REAL ESTATE TAXES

Baltimore County Tax Account No. 04-02-0219071704


Tax Map 77, Grid 18, Parcel 430


Published full value tax assessment:

 

Land

Improvements

Total

$505,300

    484,800

$990,100

 

Published annual real estate taxes for 2012-2013 are $20,949.48.


Baltimore County Tax Map:
Photos of auction property

 

TITLE

The property is in fee simple and will be sold free and clear of liens.  Baltimore County Deed Liber 31521, folio 417.

 

INSPECTION TIME

 The property may be inspected one hour prior to the auction or by appointment with the Auctioneers, telephone 410-296-8440 or email info@ajbillig.com.

 

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 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 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 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. 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.  Time is of the essence.


No buyer's premium.

 

FINANCING

See our Financing Page for a list of auction-oriented lenders.