"Edgemere - Lynch Point" 3 Bedroom Rancher

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Listing Details

Sold Price
$113,000
Auction Date
Auction Time
2:00 PM
Address
3103 Grace Road, Baltimore County, MD, 21219
County
Baltimore County
Neighborhood
Edgemere, Lynch Pointe
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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 Jerome T. Lambdin, Attorney
427-A Eastern Boulevard
Essex, MD 21221

ESTATE AUCTION
                     
EDGEMERE

"Lynch Point"

3 BEDROOM RANCHER

Sale On Premises
3103 GRACE ROAD
Off 7000 North Point Road
Sparrows Point, Baltimore County, MD 21219

TUESDAY, SEPTEMBER 14, 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:

Edgemere is a water-oriented community in eastern Baltimore County, surrounded by the Patapsco River, Back River and the Chesapeake Bay.  Edgemere is a quiet residential community, yet located within one mile of the Baltimore Beltway (I-695), with excellent access to employment centers and the Key Bridge.  Neighborhood schools include Edgemere Elementary, Sparrows Point Middle and Sparrows Point High School, which are within walking distance.


Homes along Grace Road vary as to age and style and appear to be well maintained.  Grace Road is macadam paved with concrete curbing, sidewalks and street lighting.

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

 

SITE AREA

Level, rectangular lot - 50' x 150', comprising 0.17 acre

Zoning DR 5.5, residential

Entirely fenced yard

Two-car concrete driveway


SUBDIVISION PLAT (pdf)

 

IMPROVEMENTS

One story ranch home, constructed in 1958 and occupied by the original owner.  According to public records, the home comprises approximately 1,064 square feet of living area and 1,064 square feet of basement space.


Exterior

Vinyl/aluminum siding

Vinyl double-hung replacement windows

Concrete block basement foundation

Composition shingle roof, aluminum rain gutters

Covered entry porch

Rear porch and concrete patio


Interior

  • Living Room - carpeting over wood floor
     
  • Country Kitchen - vinyl floor, maple cabinets, dining area, ceiling fan, gas range/oven, dishwasher, refrigerator
     
  • Master Bedroom - carpeting over wood floor
     
  • Bedroom #2 - carpeting over wood floor
     
  • Bedroom #3 - vinyl floor, currently used as a laundry room with washer and dryer
     
  • Full Updated Bathroom - large shower stall, vinyl floor
     
  • Basement - Paneled Recreation Room with vinyl floor; laundry/utility room;  storage room; outside exit


Mechanical

Ruud gas forced air heat and central air conditioning - age approx. 5 years

Gas water heater - age approx. 2 years

100-ampere electrical service

Sump pump

Roof - age approx. 6-7 years

 

REAL ESTATE TAXES

2010 real estate taxes are $791.40 with the Homestead Tax Exemption, based on a full value assessment of $176,820.

 

TITLE

The property is in fee simple and sold free and clear of liens.  Deed Liber 2759, Page 49.

 

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.  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:
The Estate of Pearl Irene Hausman

 

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