"Dundalk" Vinyl Sided Bungalow

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Listing Details

Sold Price
$55,000
Auction Date
Auction Time
11:00 AM
Address
7701 Meath Road, Baltimore County, MD, 21222
County
Baltimore County
Neighborhood
Dundalk
Scroll down for Complete Details, including: property description and Terms of Sale.

Real Estate Auction
                   
DUNDALK


Vinyl Sided Bungalow
Suggested Opening Bid: $40,000

Sale on Premises
7701 MEATH ROAD
Off Louth Road
Baltimore County, Maryland 21222

WEDNESDAY, APRIL 21, 2010
AT 11:00 A.M.


        NOTE: The information contained herein has been obtained from sources deemed reliable and believed to be accurate. However, no express or implied warranty is made as to the accuracy of these representations. All dimensions and acreage contained herein are more or less.

LOCATION & DIRECTIONS:

The property is located at the corner of Louth Road, just east of Sollers Point Road, and very close to the Dundalk Marine Terminal. The neighborhood sits between the Baltimore Beltway (I-695) and I-95, with good access and proximity to both. The neighborhood is made up of mostly owner occupied, well-maintained homes. Shopping, schools, entertainment and marinas are nearby.

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

 

SITE AREA

0.12 acre, more or less. Fenced rear yard. Public water and sewer are in the property.

 

IMPROVEMENTS

Vinyl sided bungalow has been gutted, framed and is arranged for a living-dining room combination, kitchen, bedroom and full bath, on the first floor; two bedrooms on the second floor. Gas forced air heat and central air conditioning. Two car parking pad. The property needs completion.

 

ZONING

DR 5.5, residential.

 

REAL ESTATE TAXES

Published real estate taxes for the 2009 tax year were $1,775, based on a full value assessment of $120,000.

 

TITLE

In fee simple; sold free and clear of all liens

 

INSPECTION TIME

10:00 a.m. on the day of the auction

 

TERMS OF SALE

Deposit payable by certified or cashier's check of $5,000 will be required of the purchaser at time and place of sale.  The deposit is to be increased to 10% of the purchase price within 24 hours at the office of the Auctioneers.  Balance to be paid in cash within 45 days. If payment of the balance does not take place within the specified time, the deposit will be forfeited and the property may be resold at the risk and expense of the defaulting 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.  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 assumes 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.  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 Auctioneer. The purchaser agrees to waive the right of inspection for lead paint as provided under current Federal and State Law. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser. TIME IS OF THE ESSENCE.


NO BUYERS PREMIUM!


Broker participation is invited.
BROKER REGISTRATION FORM (pdf)