"Middleborough" Waterfront Home On Norman Creek

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Listing Details

Sold Price
$287,000
Auction Date
Auction Time
11:00 AM
Address
334 Wye Road, Baltimore County, MD, 21221
County
Baltimore County
Neighborhood
Middleborough
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
Baltimore, MD 21221

Dominick A. Garcia, Attorney
1001 Northpoint Boulevard, Suite 506
Baltimore, MD 21224


ESTATE AUCTION 
                         
Middleborough


WATERFRONT HOME
Pier  Bulkhead  Garage
 

Fronting Approximately 72' On Norman Creek

Sale On Premises
334 WYE ROAD
Off 2000 Middleborough Road
Baltimore County, MD 21221

FRIDAY, JANUARY 22, 2009
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.

LOCATION & DIRECTIONS:

"Middleborough" is a residential maritime peninsula in eastern Baltimore County.  Though surrounded by Middle River, Hopkins Creek and Norman Creek, Middleborough is easily accessible to the Baltimore Beltway (I-695) via MD-702 (Southeast Boulevard), about one mile west of the site.  Shopping and recreational facilities are also close by.  According to the Baltimore County Public Schools web site, nearby public schools are Middleborough Elementary, Deep Creek Middle and Chesapeake High School.  Neighborhood homes are a mixture of former summer cottages and new construction on redeveloped lots.  Most appear to be well maintained.

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

 

SITE AREA

334 Wye Road is located along the northern bank of Norman Creek, immediately west of Middle River, leading to the Chesapeake Bay.  The lot is terraced so that the house is located approximately 6' above the water.  According to FEMA Flood Map Panel No. 2400100445C, dated November 17, 1993, the improvements are located in Zone C, beyond the 100-year flood plain.  The lot fronts approximately 72' along Norman Creek by a depth of 233', having approximately 25'  frontage along Wye Road.  According to public records, the lot comprises 0.25 acre.

  • Public water and sewer are in the property
     
  • Wooden seawall (bulkhead) along water frontage
     
  • Wooden Pier - needs new decking
     
  • Fenced Lot
     
  • Off-street parking for 4 cars, plus one in garage
     
  • Good water views to the south, east and west
     
  • Water depth is believed to be 3' - 5' 

  • Zoning DR 3.5, residential
     


TIDE CHART:


SUBIVISION PLAT (pdf)

PROPERTY SURVEY (pdf) - *NEW*

 

IMPROVEMENTS

One story all masonry rancher, constructed in 1956 and occupied by the original family.  According to public tax records, the home contains 1,340 square feet of living area and an additional 1,340 square feet of basement space.  The home appears solid, but updating and cosmetic repairs are needed.

Exterior
Concrete block construction
Composition shingle roof with aluminum rain gutters
Full concrete block basement foundation with outside exit
Detached concrete block garage, approximately 300 square feet


Interior
Plaster walls
Hardwood floors throughout, except as noted below

 

First Floor


Foyer with guest closet


Living Room - brick fireplace, coat closet, ceiling fan


Dining Room "L" - chandelier


Eat-in Kitchen - wood cabinets, vinyl floor, laminate counters, desk, electric rangetop, double wall oven, refrigerator


Master Bedroom with 2 closets


Bedroom #2


Hall Closet


Full Ceramic Tile Bathroom

Photos of auction property
LIVING ROOM    BEDROOM    BATH


Basement

Unfinished
Interior and exterior access


Mechanical
Updated oil hot water furnace with radiators
Electric, 50-gallon water heater
Buss fuse electric

 

REAL ESTATE TAXES

2009 real estate taxes were $2,514.57 with the Homestead Tax Exemption, approximately $4,112 without.

 

TITLE

The property is in fee simple and will be sold free and clear of liens.  Deed Liber 3826, folio 589.

 

INSPECTION TIME

One hour prior to auction and by appointment.

 

TERMS OF SALE

A $20,000 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 by Monday, January 25, 2010, 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.


Auction by order of the
Estate of Mary Semuta


Broker participation is invited.
BROKER REGISTRATION FORM (pdf)

 

FINANCING

Call for pre-qualification:

Mr. Craig Kessler
Greentree Mortgage Corporation

2 Park Center Court - Suite 200
Owings Mills, Maryland  21117
410-654-3900 direct
410-702-4511 fax
ckessler@loanofficer.com