ABSOLUTE ESTATE AUCTION ABOVE $50,000 "Dundalk - Inverness" 4 Bedroom Bungalow

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Listing Details

Sold Price
$73,000
Auction Date
Auction Time
2:00 PM
Address
102 Delmar Avenue, Baltimore County, MD, 21222
County
Baltimore County
Neighborhood
Dundalk, Inverness,
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Rob Goldman Legal Solutions
6800-B Holabird Avenue
Dundalk, MD 21222

 ABSOLUTE
ESTATE AUCTION

To the Highest Bidder Above $50,000
                   
DUNDALK

"Inverness"

4 BEDROOM BUNGALOW
- Needs Renovation -

Sale On Premises
102 DELMAR AVENUE
Corner Avalon Avenue
Baltimore County, MD 21222

TUESDAY, AUGUST 3, 2010
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:

Delmar Road is located in "Inverness", off the 100 block of Wise Avenue in the Dundalk area of eastern Baltimore County.  Neighborhood housing predominantly consists of World War II-era bungalows, situated along or near Bear Creek.  Most are tidy and well kept.  Many have been enlarged over the years.  According to the BCPS web site, nearby public schools are Sandy Plains Elementary, General John Stricker Middle and Patapsco High, all of which are within walking distance.  The Baltimore Beltway (I-695) is within five minutes of the home, providing good access to area employers.

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

 

SITE AREA

Corner lot - 65' x 101', comprising 0.21 acre

Zoning DR 5.5, residential

All public utilities

Fenced rear yard with inground swimming pool (needs a liner)

Concrete patio

Storage Shed

 

IMPROVEMENTS

Circa 1945 one and one-half story aluminum sided bungalow:


Exterior

Vinyl-clad double-hung replacement windows

Security storm door

Composition shingle roof with aluminum rain gutters


First Floor

Living Room - vinyl floor

Eat-in Kitchen - wood cabinets, laminate counters, gas range/oven, ceramic tile floor

2 - Bedrooms

Sun Room

Full Bath - whirlpool tub


Second Floor

2 - Bedrooms


Basement

Unfinished


Mechanical

Gas forced air heat and central air conditioning - inoperable

100-ampere electrical service

Gas, 30-gallon water heater


The home has been poorly maintained and requires rehabilitation.

 

REAL ESTATE TAXES

Published annual real estate taxes are $2,525 (tax year 2009, including $205 special tax assessment), based on a full value tax assessment of $191,353.

 

TITLE

The property is in fee simple and will be sold free and clear of liens; Deed Liber 80444, Page 292.

 

INSPECTION TIME

From 1:15 p.m. on the day of 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:
Robin Goldman, Personal Representative
of the Estate of Linda A. Beyer

 

FINANCING

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