"Windsor Terrace" Stone and Stucco Porchfront Bungalow on 0.38 Acre Corner Lot

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Listing Details

Sold Price
$67,500
Auction Date
Auction Time
11:00 AM
Address
5501 Windsor Mill Road, Baltimore County, MD, 21207
County
Baltimore County
Neighborhood
Windsor Terrace
Scroll down for Complete Details, including: property description and Terms of Sale.

REAL ESTATE AUCTION

 

WINDSOR TERRACE
- Opposite Kernan Hospital -

 

Stone and Stucco
PORCHFRONT BUNGALOW
3,520+/- Sq. Ft.  0.38 Acre Corner Lot

Sale on Premises
5501 WINDSOR MILL ROAD
Corner of Kernan Drive
BALTIMORE COUNTY, MD 21207

THURSDAY, MARCH 17, 2011
AT 11:00 A.M.


 Suggested Opening Bid: $65,000


      NOTE: The information contained herein has been obtained from sources deemed reliable and believed to be accurate. However, no express or implied warranty is made as to the accuracy of these representations. All dimensions and acreage contained herein are more or less.

LOCATION & DIRECTIONS:

Windsor Terrace is located just west of the Baltimore City-County line, close to the Dickeyville Historic District, in an area of Baltimore County usually referred to as Gwynn Oak. The location is very proximate to I-70, Security Boulevard and the Baltimore Beltway (I-695), offering substantial commuter options. Major area employers include the Social Security Administration and Kernan Hospital. Nearby homes are mostly one and two story traditional single family homes. See BCPS.org for area schools.

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

 

SITE AREA

Irregularly shaped corner lot comprising 16,432 square feet, or 0.38 acre, more or less, according to public tax records. Fenced and partially landscaped side and rear yard.


SUBDIVISION PLAT (pdf)


LEGAL DESCRIPTION (pdf)

 

IMPROVEMENTS

One and one-half story stucco and stone bungalow with large covered front porch and terra-cotta roof is believed to have been constructed in 1916, and contains 2,084 square feet above grade and 1,436 square feet of basement space with walk-out at grade. The property features architectural details including stained glass, brick mantle with fireplace, bow windows, original balustrade and hardwood floors. The property is arranged for a living room, dining room, kitchen, two bedrooms and full bath, on the first floor; four bedrooms and full bath, on the second floor; partially finished basement; vinyl replacement windows; rear deck. The property has had some renovation work, but requires completion.

 

ZONING

DR 5.5 residential.

 

REAL ESTATE TAXES

2010 published real estate taxes are $2,542, based on a full value assessment of $193,400.

 

TITLE

In fee simple, sold free and clear of all liens.

 

INSPECTION TIME

One hour prior to sale on the day of the auction.

 

TERMS OF SALE

Deposit payable by certified or cashier's check of $5,000 will be required of the purchaser at time and place of sale.  The deposit is to be increased to 10% of the purchase price within 24 hours at the office of the Auctioneers.  Balance to be paid in cash within 45 days. If payment of the balance does not take place within the specified time, the deposit will be forfeited and the property may be resold at the risk and expense of the defaulting 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.  Taxes and all other public charges and assessments, payable on an annual basis, including 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, without express or implied warranty as to the nature and description of the improvements as contained herein;  and subject to easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser assumes risk of loss from the date of sale forward.  The purchaser waives and releases the Seller,  the Auctioneers, and their respective agents, successors and assigns from any and all claims the purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof.  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 Auctioneer. The purchaser agrees to waive the right of inspection for lead paint as provided under current Federal and State Law. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser. TIME IS OF THE ESSENCE.


NO BUYERS PREMIUM!


Broker participation is invited.
BROKER REGISTRATION FORM (pdf)