"Essex"

Bungalow
0.30 +/- Acre with Fenced Yard & Parking
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Listing Details

Sold Price
$91,000
Auction Date
Auction Time
11:00 AM
Address
103 Homberg Avenue, Essex, MD, 21221
County
Baltimore County
Neighborhood
Essex
Inspection
The home may be inspected 45 minutes prior to the auction.
Additional Documents
Financing
See our Financing Page for a list of auction-oriented lenders.
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Terry K. Sullivan, Attorney
Holloway & Sullivan, LLC
One North Charles Street - Suite 2525
Baltimore, MD 21201

GUARDIAN'S SALE

ESSEX

BUNGALOW
- 0.30+/- Acre Lot -
Fenced Yard & Parking

Sale On Premises
103 HOMBERG AVENUE
Near Old Eastern Avenue
Baltimore County, MD 21221

THURSDAY, NOVEMBER 10, 2016
AT 11:00 A.M.

- SUGGESTED OPENING BID: $30,000 -

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:
103 Homberg Avenue is located in the Essex area of eastern Baltimore County. The home is a short distance form Eastern Boulevard, providing access to Southeastern Boulevard (MD-702) and the Baltimore Beltway (I-695). There are ample shopping and dining options within walking distance. According to bcps.org, area schools are believed to be Deep Creek Elementary, Deep Creek Middle and Kenwood High.

For more information about the area, please visit:
http://www.baltimorecountymd.gov/
http://myneighborhood.baltimorecountymd.gov/
&
http://bcps.org

SITE:
Mostly rectangular lot: 0.30 acre, more or less

Fenced yard

Asphalt driveway for 1-2 vehicles

IMPROVEMENTS:
Bungalow - the home was constructed in 1939 and contains 864 square feet of living area. The home is believed to be arranged as follows: living, dining room, kitchen, two bedrooms and bath, on the first floor; two rooms on the second floor. Needs renovation.

TAXES:
Current annual real estate taxes are $1,731 based on a full value assessment of $114,700. 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://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx

TITLE:
In fee simple; and will be sold free and clear of liens

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 contract to date of settlement. All adjustments, including taxes, ground rent, all other public charges and assessments payable on a monthly or annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of contract 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 contract forward. 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 except where otherwise mandated by local, State or Federal law. Time is of the essence.

No Buyer's Premium!

Terry K. Sullivan, Guardian
Of The Property Of Patricia Mehring