"Hampstead - Upperco" 15.2± Acre Residential Parcel

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Listing Details

Sold Price
$200,000
Auction Date
Auction Time
3:30 PM
Address
Trenton Mill Road, Baltimore County, MD, 21155
County
Baltimore County
Neighborhood
Hampstead, Upperco
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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R. Marc Goldberg, Solicitor
201 N. Charles Street, Suite 600
Baltimore, MD 21201

TRUSTEE'S AUCTION
                                            
HAMPSTEAD - UPPERCO

15.2± ACRE
RESIDENTIAL PARCEL
Adjoining Piney Branch Golf Club

Sale On Premises - South Side
TRENTON MILL ROAD
Just East of Carroll County Line
Baltimore County, MD 21155

MONDAY, NOVEMBER 15, 2010
AT 3:30 P.M.

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


      Under and by virtue of the power of sale contained in a certain Deed of Trust from Allender Property I, LLC to R. Marc Goldberg, Trustee, dated December 15, 2009, and recorded among the Land Records of Baltimore County, Maryland, in Liber 28980, folio 454, default having occurred under the terms thereof and at the request of the party secured thereby, the undersigned Trustee will sell at Public Auction, on the premises, the following:


      All that fee simple lot of ground and the improvements thereon, situate and lying in Baltimore County, State of Maryland and being more fully described in the above-referenced Deed of Trust.


      The property is identified as Parcel 120, Grid 22, on Baltimore County Tax Map 19, sometimes known as 5309 Trenton Mill Road, and is situated along the south side of Trenton Mill Road, immediately east of the Baltimore-Carroll County line.  From MD Route 30 (Main Street in Hampstead) follow Trenton Mill Road east to property on right side.  The parcel is located in an RC-2, agricultural zoning district.  Well and septic would be required for a homesite.  The property is mostly clear, fronting approximately 380.72' along Trenton Mill Road by a depth of approximately 1,977.75' and comprising approximately 15.2 acres of land.  The parcel shares a driveway with Piney Branch Golf and Country Club, Inc., leading from Trenton Mill Road to the Piney Branch Golf Clubhouse.


     LEGAL DESCRIPTION (pdf)           SITE PLAN (pdf)


      Dimensions 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.


      TERMS OF SALE:  A $10,000 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.  The holder of the indebtedness, if a bidder at the sale, shall not be required to post a deposit. Balance to be paid in cash at settlement, which shall take place within ten (10) business days following final ratification of the sale by the Circuit Court for Baltimore County at the offices of the Trustee.  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 stated in the foreclosed Deed of Trust Note, from date of sale to date of settlement.  If settlement is delayed for any reason, there will be no abatement of interest.  All adjustments as of date of sale.  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 nature and description of the improvements as contained herein;  and subject to easements, agreements, restrictions or covenants of record affecting same, if any.  Purchaser shall be responsible for obtaining physical possession of the property and assumes the risk of loss or damage to the property from the date of sale forward.  The purchaser waives and releases the Trustee, the holder of the indebtedness, 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 and present or prospective uses permitted under the existing zoning.  If the Trustee 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 Trustee, the holder of the indebtedness or Auctioneers.  Recordation costs, transfer taxes and all other costs incident to settlement, including a $300 document review fee by the Seller's attorney, to be paid by the purchaser.  Time shall be of the essence for the purchaser.


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R. Marc Goldberg, Trustee