"Garrison Forest - Tilyard Farms" 7.5 Acre Wooded Home Site

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Listing Details

Sold Price
$197,000
Auction Date
Auction Time
11:00 AM
Address
3302 Serenity Way, Baltimore County, MD, 21117
County
Baltimore County
Neighborhood
Garrison Forest, Tilyard Farms
Scroll down for Complete Details, including: property description and Terms of Sale.

Michael I. Gordon, Attorney
Wright, Constable & Skeen, LLP
100 N. Charles Street, 16th Floor
Baltimore, MD 21201

ATTORNEY'S AUCTION
                                     
GARRISON FOREST
"Tilyard Farms"

7.5 Acre Wooded
HOME SITE

Sale On Premises
3302 SERENITY WAY
Off 11600 Garrison Forest Road
Owings Mills, MD 21117

WEDNESDAY, MAY 2, 2012
AT 11:00 A.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:

3302 Serenity Way (Lot 8) is located in the "Tilyard Farms" neighborhood of Owings Mills, in western Baltimore County.  Situated on a hillside overlooking Greenspring Valley, Caves Valley and Worthington Valley, Tilyard Farms consists of 17 multi-acre homesites.  Neighborhood homes are valued from $750,000 to $1,000,000. 


Serenity Way is located north of Caves Road and immediately south of Gwynnbrook Avenue. Access to the Baltimore Beltway (I-695) Exit 20 and Northwest Expressway (I-795) Exit 4 is within 5 miles.  The MTA Owings Mills Subway Station is about 3 miles south of Tilyard Farms, as is community shopping and professional services along Reisterstown Road.  Major commercial developments are slated for the Owings Mills retail areas, including a new Wegman's grocery store and upscale shopping.


According to the BCPS web site, assigned public schools are Fort Garrison Elementary, Pikesville Middle School and Owings Mills High School.  Numerous private schools, including Garrison Forest, McDonogh, St. Paul's and Jemicy are close by.  Stevenson University is within one mile.


Though convenient to all public amenities, Serenity Way is more than aptly named.  The neighborhood is bordered by mature hardwoods and wildlife abounds.  3302 Serenity Way is the final lot available in the neighborhood and was held by the developer for his contemplated personal use.

Neighboring Homes
Photos of auction property
HOME #1    HOME #2    HOME #3    HOME #4    DEER   
HOME #5    HOME #6    HOME #7

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

 

SITE AREA

7.513 Acres - erroneously listed as 6.604 acres in the Baltimore County Tax Records


Situated on the cul de sac of a private drive leading from Serenity Way


Private Well yields 11.53 gallons per minute


Large trees on site, bounded by forest conservation area


Zoning - RC-5, residential resource-conservation, one home site


Annual homeowners association fee is $950


Photos of auction property


Documents:
Click each link below to open each Adobe Reader PDF document.

 

REAL ESTATE TAXES

Published annual real estate taxes for 2012 are $825.37.

 

TITLE

The property is in fee simple and sold free and clear of liens.  Known as Lot 8, Tilyard Farms as shown on the Plat recorded among the Land Records of Baltimore County at Liber SM 72, folio 16.

 

TERMS OF SALE

A $15,000 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, and subject to the Declaration and Bylaws of the Tilyard Farms Homeowners Association, Inc.  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. Purchaser agrees to waive their right of rescission under the Maryland Homeowners Association Act.  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.


BIDDER PRE-REGISTRATION

Online pre-registration is now closed. Please register with the Auctioneer at the auction site.


BROKER COOPERATION:

Broker participation is invited. See our: BROKER REGISTRATION FORM (pdf). 

The completed form must be returned to the Auctioneer's office by 5:00 P.M. on Tuesday, May 1, 2012.

 

FINANCING

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