"Woodlawn - Broadacres Subdivision" Ranch Home - In Need of Renovation

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Listing Details

Sold Price
$50,000
Auction Date
Auction Time
2:00 PM
Address
6441 Gilmore Street, Baltimore, MD, 21207
County
Baltimore City
Neighborhood
Woodlawn, Broadacres Subdivision
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Sold Prior To The Auction: $50,000
This auction has been CANCELED.

                                           
WOODLAWN
- Broadacres Subdivision -

- RANCH HOME -
In Need of Renovation

Sale on Premises
6441 GILMORE STREET
Dogwood Road to Proctor Avenue,
Off 1900 Proctor Avenue
BALTIMORE COUNTY, MD 21207

Sold Prior To The Auction - Auction Canceled
WEDNESDAY, JANUARY 18, 2012
AT 2:00 P.M.


        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:

Broadacres is a subdivision located in the Woodlawn area of Baltimore County, just inside of the Baltimore Beltway (I-695). The neighborhood is made up of varying styles of single family homes, with some low-rise apartments nearby. According to public tax records, the subdivision has approximately 350 properties, most of which are owner-occupied. The location is very proximate to I-70, Security Boulevard and the Baltimore Beltway (I-695), each of which offer substantial commuter options, as well as access to shopping and entertainment. Major area employers include the Social Security Administration and Kernan Hospital. See BCPS.org for area schools.

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

 

SITE AREA

Rectangular lot 50' front and rear, with depths of 140', comprising 7,000 square feet or 0.16 acres, more or less.


Side flagstone patio. Mature trees and shrubs dot the property.


SUBDIVISION PLAT (pdf)

 

IMPROVEMENTS

Hacienda style stucco ranch home features replacement windows, hardwood floors (mostly under carpet), updated gas forced air heat and central air conditioning (2006). The home is arranged as follows: living room, dining room, kitchen, two bedrooms and hall bath, on the first floor; club basement with laundry area, work room and utility room. 100 amp. electric. The home is in need of renovation.

 

REAL ESTATE TAXES

2011-2012 published annual real estate taxes are $2,060, based on a full value tax assessment of $141,500, and includes a $345 special tax assessment.  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 SDAT concerning the appeals process, and may see the following link for helpful information: http://www.dat.state.md.us/sdatweb/appeal.html.

 

TITLE

In fee simple, sold free and clear of all liens. Deed Liber SM 23664, folio 552.

 

INSPECTION TIME

By appointment January 3rd through 15th, and 45 minutes 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!