Circa 1891 - Gothic Revival
HISTORIC VICTORIAN HOME
8 Bedrooms ◆ 5 Fireplaces ◆ Original Detail
“Butler House” in the Maryland Historic Trust
State Historic Sites Inventory
On 3.46+ Acres ★ Subdivision Potential
Sale On Premises
517 BOND AVENUE
Corner of Owings Mills Blvd. (Central Ave.)
Baltimore County, MD 21136
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.
517 Bond Avenue is located in Historic Glyndon (National Registry), just south of Reisterstown. Listed as Landmark #127 in the Maryland Historic Trust, the property is known as the “Butler House” . I-795 is within two miles of the property, providing easy access to the Baltimore Beltway (I-695) and employment centers throughout the region. Metro subway service is approximately 5 miles south of the home. Nearby public schools are Glyndon Elementary, Franklin Middle and Franklin High School. Numerous eateries and shopping areas are within minutes off Owings Mills Boulevard, Reisterstown Road and in various areas throughout Owings Mills and Reisterstown.
For directions from your location, visit: maps.google.com
Irregular quadrilaterally shaped parcel fronting 352.3' along Bond Avenue, rear lot line of 361.4', depth line of 433.07' along Owings Mills Boulevard and an additional depth line of 418.3', comprising 3.46 acres, more or less. (See the Tax Map link below). According to the Baltimore County Office of Planning, the property does have subdivision potential.
Historic Gothic Revival style three story home. The home is currently in need of complete renovation, and still maintains much of the original detail.
Renovation of the home may be eligible for a historic tax credit. For Maryland, it is a 20% historic rehabilitation tax credit against the property tax for owner occupied properties. Federal historic tax credits may also be available. For more information, potential purchasers can contact Karin Brown, at the Department of Planning for Baltimore County, at 410-887-3495 for terms of compliance and additional details.
Wrap-around covered front porch
Aluminum and shingle siding
Double hung windows
Front and rear staircases
Hardwood flooring throughout the whole home
Solid wood doors and original trim
Oil hot water radiant boiler furnace
Electric water heater (not connected)
Unimproved with laundry area
D.R. 3.5 - Residential
For additional Baltimore County zoning information, visit:
Annual Real Estate Taxes - $5,444 (based on a full value tax assessment of $446,700). 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.
Historic tax credits may also be available (see above).
In fee simple; sold free and clear of all liens
By appointment, or 10:00 a.m. on the day of the auction.
Deposit payable by certified or cashier's check of $25,000 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. Purchaser assumes risk of loss from the date of sale forward. The purchaser waives and releases the Owner, Attorney-In-Fact, 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, except where otherwise mandated by local, State or Federal law. Time is of the essence.
NO BUYERS PREMIUM!
Auction by order of:
John R. Reckord, Attorney-In-Fact for Suzanne Jean Butler
Mr. Craig Kessler
Freedmont Mortgage Funding
50 Scott Adam Road
Hunt Valley, Maryland 21030
See our Financing Page for a list of auction-oriented lenders.