Douglas C. Lauenstein, Attorney
8900 Belair Road, Nottingham, MD 21236
★ MIDDLE RIVER ★
Deep Water ◆ 2 Houses ◆ Pier & Bulkhead
325 ST. GEORGES ROAD
Baltimore County, MD 21221
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.
"Middleborough" is a residential maritime peninsula in eastern Baltimore County. Though surrounded by Middle River, Hopkins Creek and Norman Creek, Middleborough is easily accessible to the Baltimore Beltway (I-695) via MD-702 (Southeast Boulevard), about one mile west of the site. Shopping and recreational facilities are also close by. According to the Baltimore County Public Schools web site, nearby public schools are Middleborough Elementary, Deep Creek Middle and Chesapeake High School. Neighborhood homes are a mixture of former summer cottages and new construction on redeveloped lots. Most appear to be well maintained.
For directions from your location, visit: maps.google.com
325 St. Georges Road is located along the northern bank of Norman Creek, immediately west of Middle River, leading to the Chesapeake Bay. The lot is terraced so that the buildings are located approximately 4' above the water. According to FEMA Flood Map Panel No. 2400100445C, dated November 17, 1993, the improvements are located in Zone B. The lot fronts approximately 50' along Norman Creek by depths of 248' and 280' and a street-side lot line of 50', comprising approximately 0.30 acre.
To download the larger file, click: SUBDIVISION PLAT (pdf)
NOAA Depth Chart:
The property is improved by two, three-bedroom ranch homes, connected by a screened breezeway. Each house is aluminum sided, has an asphalt shingle roof, full basement, casement and double hung windows. Additional improvements include a vinyl siding storage building and a metal tool shed.
The property has been family-owned for at least 55 years. House #1 is believed to have been constructed in the 1970s. According to Baltimore County tax records, House #2 dates originally to 1919, but has been substantially enlarged over the years. The two houses and connecting breezeway present a large footprint, creating a potential redevelopment opportunity. Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the existing zoning and permitted uses of the site. Both houses are currently occupied but will be vacated before settlement.
Published real estate taxes for 2010 are $5,449, including a $768 special assessment, based on the full value tax assessment of $406,690. Note - If any real property is transferred after January 1 and before the beginning of the next taxable year to a new owner, the new owner may submit a written appeal as to a value or classification on or before 60 days after the date of the transfer.
The property is in fee simple and will be sold free and clear of liens. Baltimore County Deed Liber 12837, folio 68.
A $20,000 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. All adjustments, including taxes, all other public charges and assessments payable on a monthly or annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of settlement 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 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. 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)
See our Financing Page for a list of auction-oriented lenders.