"Overlea Manor" Brick Bungalow 3 Bedrooms, 1.5 Baths, Garage

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Listing Details

Sold Price
$131,000
Auction Date
Auction Time
2:00 PM
Address
110 W. Elm Avenue, Baltimore County, MD, 21206
County
Baltimore County
Neighborhood
Overlea Manor
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

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ESTATE AUCTION
To the Highest Bidder Above $50,000!
                                 
OVERLEA MANOR


BRICK BUNGALOW
3 Bedrooms ● 1.5 Baths ● Garage

Sale On Premises
110 W. ELM AVENUE
Off 7300 Belair Road (US-1)
Baltimore County, MD 21206

THURSDAY, JANUARY 7, 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:

110 W. Elm Avenue is located west of the 7300 block of Belair Road (U.S. Route 1), one block south of Taylor Avenue and 8 blocks south of the Baltimore Beltway (I-695).  Elm Avenue is a private, closed-end street, lined with tidy cottages and bungalows.  Its close proximity to the Baltimore Beltway provides easy access to employment centers throughout the metropolitan area.  Public bus transportation and shopping are within walking distance, along Belair Road.  Nearby public schools are Fullerton Elementary, Parkville Middle and Parkville High.

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

 

SITE AREA

45' x 110', comprising approximately 0.11 acre
One-car concrete driveway leads to built-in one car garage
Fenced rear yard
Concrete walkways
Public water and sewer
Zoning DR-5.5, residential

SUBDIVISION PLAT (pdf)

 

IMPROVEMENTS

One and one-half story brick bungalow, constructed in 1937, and occupied by the original family.  The house appears to be solid, but needs updating.


Exterior

Brick facade

Composition shingle roof

Vinyl-clad double-hung replacement windows


Interior

Plaster walls

Hardwood floors throughout

Original wood trim


First Floor

Enclosed Sun Porch

Living Room

Dining Room

Kitchen - wooden cabinets, range/oven

Bedroom #1

Bedroom #2

Full Ceramic Tile bath


Second Floor

Bedroom #3 - large finished attic room, also with wood floors, and additional scuttle storage


Basement

Paneled Family Room - vinyl floor

Half-Bath - vinyl floor

Laundry Room - vinyl floor

Storage Closets

Built-in Garage with access to basement


Mechanical

Updated gas hot water heat

100-ampere electric service

40-gallon gas water heater (1 year old)

 

REAL ESTATE TAXES

2009 real estate taxes were approximately $1,873 with the Homestead Tax Credit, $2,403 without.  Note - this home is ideal for the First Time Home Buyers Federal Tax Credit.

 

TITLE

The property is in fee simple and sold free and clear of liens.  Deed Liber 4525, page 367.

 

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 the Personal Representatives
of the Estate of Mary E. Jones

 

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