"Lansdowne" 3 Bedroom Rancher

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Listing Details

Sold Price
$77,000
Auction Date
Auction Time
11:00 AM
Address
307 Fourth Avenue, Baltimore County, MD, 21227
County
Baltimore County
Neighborhood
Lansdowne
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Bryan A. Bishop, Attorney
Bishop, Daneman & Simpson, LLC
1400 S. Charles Street
Baltimore, MD 21230

 ABSOLUTE
ESTATE AUCTION
To the Highest Bidder Above $35,000
                         
LANSDOWNE

3 BEDROOM RANCHER

Sale On Premises
307 FOURTH AVENUE
a/k/a 307 4th Avenue, Baltimore County, MD 21227

FRIDAY, APRIL 1, 2011
AT 11 A.M.
(Inspection from 10 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.

LOCATION & DIRECTIONS:

307 Fourth Avenue is located in southwestern Baltimore County, just off Beltway (I-695) Exit 9.  The property is situated between Hollins Ferry and Hammonds Ferry Roads.  Nearby public schools are Lansdowne Elementary, Lansdowne Middle and Lansdowne High.  Neighborhood housing is comprised of a variety of detached home styles.  Due to its proximity to the Beltway, I-95, Harbor Tunnel (I-895) and Baltimore-Washington Parkway (MD-295), Lansdowne is convenient to employment centers throughout the region.

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

 

SITE AREA

 Rectangular lot - 55' x 100' m/l

Chain link fenced front and rear yards

Concrete, 4-car driveway

All public utilities

Zoning DR 5.5, residential


Tax Map:

 

IMPROVEMENTS

One story shingle rancher - according to public tax records, the home was constructed in 1965 and contains 1,040 square feet of living area and 1,040 square feet of basement space.


Exterior

Brick trim

Covered front porch

Composition shingle roof with aluminum rain spouts

Wood double hung windows with aluminum storm sash


Interior

Drywall

Carpeting over wood floors


Main Level

  • Living Room
  • Dining Room
  • Kitchen - vinyl floor, refrigerator, gas wall oven, gas range, wooden cabinets, laminate counters
  • 3 Bedrooms
  • Full ceramic tile Bath


Basement

  • Full basement with outside exit
  • Recreation Room with concrete floor and paneled walls
  • Toilet
  • Laundry Room
  • Utility Room


Mechanical

Gas forced air heat

Central air conditioning

Gas, 30-gallon water heater


The home is in fair to poor condition and needs extensive renovation.

 

REAL ESTATE TAXES

Published real estate taxes for 2010 at $2,268, including a special tax assessment of $198, based on the full value assessment of $170,800.

 

TITLE

In fee simple. The property is sold free and clear of lien. Deed Liber 6539, Folio 330.

 

INSPECTION TIME

One hour before auction on day of sale only.  No prior inspection.

 

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:
Bryan A. Bishop, Personal Representative
of the Estate of Betty Lois Kroll

 

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