Arthur L. Drager, Attorney
Law Offices of Arthur L. Drager, LLC
The Equitable Building - Suite 620
10 N. Calvert St. 21202
Brick and Shingle
3 Bedrooms ✦ 3 Baths
Sale On Premises
4537 MARYKNOLL ROAD
Off 8200 Scotts Level Road
BALTIMORE COUNTY, MARYLAND 21208
WEDNESDAY, JUNE 13, 2012
AT 11:00 A.M.
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.
The Old Court Estates subdivision is located in Northwest Baltimore County just west of the the Baltimore Beltway (I-695). Neighborhood homes are comprised of mostly owner occupied single story and split level homes with well maintained, maturely landscaped lots. Old Court Estates is a very short distance from the Baltimore Beltway, the Northwest Expressway (I-795) and the Old Court Road Metro Station, offering an array of commuter options. Shopping, dining and entertainment are nearby along Reisterstown and Liberty Roads. See www.bcps.org for Baltimore County Public School information.
For directions from your location, visit: maps.google.com
Irregularly shaped lot fronts approximately 83' along Maryknoll Road, and comprises a total of 10,251 square feet, or 0.24 acre, according to public tax records.
The lot is mostly level, with mature trees and shrubs. Fenced rear yard, rear deck and concrete patio. The lot backs up to a wooded conservation area owned by Baltimore County.
U-shaped asphalt driveway with additional parking area.
Zoning DR 3.5, residential
Public water, sewer, gas, electricity, telephone, cable are available
Traditional ranch home contains 1,696 finished square feet above grade, 235 finished square feet of basement space and an additional 1,461 square feet of unfinished basement area, all according to public tax records. Storage attic. The home is described as follows:
Frame construction with concrete block foundation
Brick and shingle facade
Asphalt shingle roof with aluminum rain spouts
Aluminum windows with storm windows.
Gas forced air furnace
Central Air Conditioning
100-amp. electric service
Updated 40 gallon gas water heater (installed 2006)
The house is in good condition, but could use some cosmetic work and updating.
Published annual real estate taxes for 2011 are $2,705, based on a full value assessment of $220,700. The purchaser may petition for a reduction in the assessment of their property in conjunction with a purchase price 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:
The property is sold free and clear of all liens and encumbrances. Subject to an annual ground rent of $210, due in semi-annual installments on 1/26 & 7/26. Deed reference Liber OTG 4578, folio 103.
One hour prior to sale on the day of the auction or by appointment. Contact Shannon Stamm at 410-296-8440 or Shannon@ajbillig.com for inspection requests.
A $10,000 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. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of sale to date of settlement. All adjustments, including taxes, all other public charges and assessments payable on an annual basis, and 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 the risk of loss from the date of sale forward. 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 except where otherwise mandated by local, State or Federal law. Time is of the essence.
No buyer's premium.
Auction by order of:
The Estate of Rhona S. Schneider, by:
Michael Schneider, Personal Representative
Online pre-registration is now closed. Please register with the Auctioneer at the auction site.
Broker participation is invited. See our: BROKER REGISTRATION FORM (pdf).
The completed form must be returned to the Auctioneer's office by 5:00 P.M. on Tuesday, June 12, 2012.
See our Financing Page for a list of auction-oriented lenders.