"Cockeysville" 2.541± Acre Lot

15484_hollow_aerial.jpg

Listing Details

Sold Price
$74,000
Auction Date
Auction Time
11:00 AM
Address
Hollow Road, Baltimore County, MD, 21030
County
Baltimore County
Neighborhood
Cockeysville
Scroll down for Complete Details, including: property description and Terms of Sale.

Stanley H. Hellman, Esquire
405 Allegheny Avenue
Towson, MD 21204

ESTATE AUCTION
                             
COCKEYSVILLE

2.541± ACRE LOT
Zoned DR-2, Residential

Sale On Premises
West Side
HOLLOW ROAD
Off Sherwood Road
Opposite 10829 Hollow Road
Baltimore County, MD 21030

WEDNESDAY, APRIL 3, 2013
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.


      Pursuant to an Order of the Orphans Court for Baltimore County passed in the matter of The Estate of Edna F. Foote a/k/a Edna F. Quinn, the Successor Personal Representatives will sell at Public Auction, the following:

LOCATION & DIRECTIONS:

The property is located north of Sherwood Road, east of York Road and west of Warren Road in the Cockeysville area of north-central Baltimore County. Housing in the surrounding area is comprised of a variety of detached homes on large lots.  The surrounding neighborhood is low-density with open spaces and woodlands, yet convenient to York Road shopping and I-83.  According to the Baltimore County web site, nearby public schools are Pot Spring Elementary, Cockeysville Middle and Dulaney High School.

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


Photos of auction property
NEARBY HOUSE #1    NEARBY HOUSE #2

 

SITE AREA

2.541 acres, situated along the west side of Hollow Road.  The lot fronts approximately 280' along the Hollow Road by a depth of approximately 415'.  A 12' strip, designated as a private driveway, extends from the property to the east side of Powers Avenue in the rear.


The property is sloping and wooded.  Well and septic are believed to be required for development.  Public water and sewer are more than 1,700' from the property, with no plans for extension. 


According to the Baltimore County web site, the property is located in a DR-2, residential zoning district, potentially permitting 2 dwelling units per acre.
For more information, see the: Baltimore County Zoning Code Online


METES AND BOUNDS DESCRIPTION (pdf)


PLAT (pdf)


TAX MAP (pdf)


Photos of auction property
LOT - PHOTO #1    PHOTO #2    PHOTO #3

 

REAL ESTATE TAXES

Baltimore County Tax Account No. 0806045602
Baltimore County Tax Map 42, Grid 24 Part of Parcel 150
Published annual real estate taxes are $1,654.38 for 2012-2013, based on a full value assessment of $136,500.  Purchasers may petition for a reduction in the assessment of their property in conjunction with a purchase price substantially less than the currently assessed value of the property.  Purchasers are encouraged to contact the Maryland State Department of Assessments & Taxation concerning the appeals process, and may see the following link for helpful information:
http://www.dat.state.md.us/sdatweb/appeal.html

 

TITLE

The property is in fee simple and will be sold free and clear of liens.  Deed Liber C.W.B. Jr. 1043, folio 148.

 

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 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.  Purchaser acknowledges that the seller makes no warranties of any kind, whether express or implied, including but not limited to the zoning of the property, or with respect to the property's use for any particular purpose. Purchaser waives the Baltimore County well yield and potability requirements and acknowledges that the property has no existing well.  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, agricultural transfer tax, if any, 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.