ABSOLUTE AUCTION "Parkville" Porchfront Bungalow

13327_oak7701_front.jpg

Listing Details

Sold Price
$72,000
Auction Date
Auction Time
2:00 PM
Address
7701 Oak Avenue, Baltimore County, MD, 21234
County
Baltimore County
Neighborhood
Parkville
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

Use Mobile?
13327_oak7701_rear.jpg
13327_oak7701_rear.jpg
13327_oak7701_street.jpg
13327_oak7701_front.jpg

Frederick Raab, Attorney
Mignini & Raab, LLP
606 Baltimore Avenue - Suite 100
Towson, MD 21204

 ABSOLUTE
ESTATE AUCTION

To the Highest Bidder - Regardless of Price!
                     
PARKVILLE


PORCHFRONT BUNGALOW
- Renovation Needed -

Sale On Premises
7701 OAK AVENUE
A Quiet Cul de Sac off Taylor Avenue
two blocks west of Harford Road
Baltimore County, MD 21234


WEDNESDAY, DECEMBER 3, 2008
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 and square footage contained herein are more or less.

LOCATION & DIRECTIONS:

7701 Oak Avenue is located south of Taylor Avenue, west of Harford Road, east of Perring Parkway and north of the Baltimore City-County line.  Oak Avenue ends at the subject home, providing for a quiet "rural" setting, within minutes of the Baltimore Beltway (I-695), public transportation, shopping and employment centers.  Neighborhood homes are typically well maintained single family detached dwellings, in a variety of styles.



For directions from your location, visit: MapQuest

 

SITE AREA

Two contiguous rectangular lots - 43' x 180'
Zoning DR-5.5, residential
Public utilities
Several mature trees

 

IMPROVEMENTS

One and one-half story vinyl sided bungalow.  According to public tax records, the home was built in 1929 and contains 849 square feet of living area. 

First floor contains a wood paneled living room with wood floor, wood paneled dining room with wood floor, kitchen and full bathroom; two bedrooms on the second floor; full unfinished basement with outside exit; gas forced hot air heat; covered front porch.  The home needs extensive updates and repairs.

 

REAL ESTATE TAXES

2009 real estate taxes - $1,418.20 for both lots

 

TITLE

In fee simple.  Deed Liber 6442, folio 298 and Liber 6784, folio 342.  The property will be sold free and clear of liens.

 

INSPECTION TIME

One hour prior to sale

 

TERMS OF SALE

A $5,000 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, transfer taxes and all costs incidental to settlement to be paid by the purchaser.  Time is of the essence.

No buyer's premium.

Broker participation is invited.
BROKER REGISTRATION FORM (pdf)


Auction by order of:

Nancy Ann Chambers Campbell
and
Mary Ann Hubschmitt, Personal Representatives
of the
Estate of Carville Wayne Burris

 

FINANCING

Call for pre-qualification:
Mr. Craig Kessler
Greentree Mortgage Corporation

2 Park Center Court - Suite 200
Owings Mills, Maryland  21117
410-654-3900 direct
410-702-4511 fax
ckessler@loanofficer.com

Current Rates: 30 year fixed - 5.625% (owner occupied);  6.5% (investor loan).  Note:  Rates are subject to change.  Contact Craig Kessler for complete terms and details.