To The Highest Bidder Above $100,000!
(Purchased in 2005 for $395,000)
"Milford Mill Area"
Circa 1800 - Historic Home
CENTER HALL COLONIAL
"Milford Meadows" in the Maryland Historic Trust
State Historic Sites Inventory
On 4.187± Acres ★ Subdivision Potential
Sale On Premises
7300 KATHYDALE ROAD
Off 7400 Prince George Road,
South From 900 Milford Mill Road
Baltimore County, MD 21207
THURSDAY, AUGUST 9, 2012
AT 11:00 A.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 contained herein are more or less.
7300 Kathydale Road is an historic hidden gem bordering Villa Nova Park. Known in the Maryland Historic Trust as "Milford Meadows", the site has a rich history. According to the Historic Trust, the home was constructed in 1800 (1861 according to state tax records) with a "lane of honey locust trees contains 14 pairs, one for each of the original states." The home is located less than one-half mile northeast of I-695 (Exit 18 - Liberty Road). Abundant shopping, eateries and work centers are within minutes along Liberty Road, Reisterstown Road and arterial roads. Nearby public schools include Bedford Elementary, Pikesville Middle and Milford Mill Academy High School. The Downtown Baltimore business district lies just 15 minutes to the east.
For directions from your location, visit: maps.google.com
Irregularly shaped parcel comprising 4.18 acres, more or less. (See the Baltimore County Survey Plat link)
YARD AREA - PHOTO #1 PHOTO #2 PHOTO #3
PHOTO #4 PHOTO #5
Historic center hall Southern Colonial home. The home is currently in need of renovation, although substantial improvements have been made since the purchase by the current owner in 2005.
Pillared covered front porch entry with brick flooring
Composition shingle roof
Vinyl double glazed windows (main house)
FIRST FLOOR - MAIN HOUSE:
FIRST FLOOR - SIDE ADDITION
(Can only be accessed from the exterior - previously through the now torn down rear addition)
SECOND FLOOR - MAIN HOUSE:
Unimproved with laundry area
D.R. 5.5 - Residential. Subdivision potential.
For additional Baltimore County zoning information, visit:
Annual Real Estate Taxes - $6,045 (based on a full value tax assessment of $482,400). 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.
In fee simple; sold free and clear of all liens
By appointment, or 10:00 a.m. on the day of the auction.
This property is listed on the Baltimore County Final Landmarks List (#255, Milford Mills) and the purchaser must comply with the requirements of Title 7. of the Baltimore County Code, which stipulates that any exterior changes are subject to Landmarks Preservation Commission (LPC) approval. The current owner has had a rear addition to the house removed, which previously serviced both the first and second floors. The purchaser must rebuild a new addition that will architecturally comply with the Secretary of the Interior Standards. As required by the Baltimore County Code, architectural drawings need to be submitted to the LPC and approved prior to construction. For more details, contact Karin Brown, at the Department of Planning for Baltimore County, at 410-887-3495 for terms of compliance." The rehabilitation work may be eligible for a tax credit. It is a 20 percent historic rehabilitation tax credit against the property tax for owner occupied properties. For more information on the tax credits, visit: http://www.baltimorecountymd.gov/Agencies/planning/historic_preservation/taxcredit_faq.html
Deposit payable by certified or cashier's check of $10,000 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 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, as well as restrictions required by the Maryland Historic Trust and Baltimore County. 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 Sellers are 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, except where otherwise mandated by local, State or Federal law. Time is of the essence. NO BUYERS PREMIUM!
Call for pre-qualification and financing options:
Mr. Craig Kessler
Freedmont Mortgage Funding
50 Scott Adam Road
Hunt Valley, Maryland 21030
For a list of additional auction-oriented lenders, see our Financing Page.
For all other information please call 410-296-8440
OR EMAIL email@example.com