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The property will be open 1 hour prior to the live onsite auction and is also available to view per the following instructions:
For Agents: please schedule online via ShowingTime.
For Individuals: Request Access to Property. Once the completed form has been received, you will receive inspection instructions via email. Inspection requests are normally answered Mon.-Fri. 9 am – 4 pm.
Live Auction Bidders – A $20,000 deposit, payable by 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. Personal checks for the difference in the deposit will be accepted at the sale site or wiring instructions will be provided.
Online Auction Bidders – A $20,000 or 10% deposit, whichever is greater, payable by wire transfer or cashier’s check is due by 4:00 p.m. on the day of auction at the auctioneers office.
A 5% buyer’s premium will be added to the final bid price. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page and see the Sample Contract.
Live Onsite & Simulcast Online Bidding
– Suggested Opening Bid: $200,000 –
LANHAM
“Hynesboro Park”
RANCH HOME
– On 0.17± Acre –
Sale On Premises
9217 3rd STREET
A/K/A 9217 Third Street
Off Main Street, Near Lanham Severn Road
Lanham, Prince George’s County, MD 20706
Online Bidding Opens
MONDAY, DECEMBER 4, 2023
Live Onsite Auction
WEDNESDAY, DECEMBER 6, 2023
AT 12:30 P.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.
LOCATION:
9217 3rd Street, sometimes spelled out as Third Street, is located in the Hynesboro Park subdivision in the Lanham area of Prince George’s County. Nestled within the heart of Prince George’s County, Lanham’s prime location provides easy access to major employers, making it a commuter’s dream. Situated just a stone’s throw away from Washington, D.C., Lanham residents can seamlessly access the employment opportunities offered by the federal government, NASA’s Goddard Space Flight Center and nearby corporations. The nearby Woodmore Towne Centre and Largo Town Center are home to a variety of retail stores, restaurants, and entertainment venues. The Lanham Forest Recreation Center and Lanham Local Park provide excellent facilities for outdoor enthusiasts, including sports fields, playgrounds, and hiking trails. Residents can also explore the nearby Patuxent Research Refuge and its stunning natural landscapes.
Hynesboro Park is comprised of approximately 400 homes located north of Lanham Severn Road along Cipriano Road. The neighborhood was originally developed in the late 1800s in conjunction with proximity to the Baltimore and Potomac Railroad, with further development and home construction taking place for several decades thereafter. Most of the homes surrounding 9217 were constructed through the 1960’s.
According to the Prince George’s County Public School website, nearby schools are Gaywood Elementary, Thomas Johnson Middle and DuVal High. A number of public charter, Montessori and parochial schools are also in the area.
For more information about the area, please visit:
Prince George’s County, MD – www.princegeorgescountymd.gov
PGAtlas Map – www.pgatlas.com
Prince George’s County Public Schools – www.pgcps.org
SITE:
Lot size – 50′ x 150′, comprising 7,500 square feet or 0.172 acre, more or less
Known as lot number 9, block 6, in “Hynesboro Park” as per plat re-recorded in Plat Book A at Plat 99
The lot is gently sloping with some landscaping. Paved parking area for 1-2 vehicles. Front and rear yards.
All public utilities
Zoned RSF-65
IMPROVEMENTS:
Brick and siding ranch home – constructed in 1964, containing 1,008 square feet above grade and 1,008 square feet of mostly finished basement space. Further details are as follows:
Exterior:
Interior:
First floor –
Basement/Mechanical –
The home needs updating and cosmetic repair.
TITLE:
In fee simple; sold free and clear of liens.
TAXES:
Published annual real estate taxes are $4,897.41 (not including seller’s homestead tax credit), based on a full value assessment of $302,800.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – A $20,000 deposit, payable by 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. Personal checks for the difference in the deposit will be accepted at the sale site or wiring instructions will be provided.
Online Auction Bidders – A $20,000 or 10% deposit, whichever is greater, payable by wire transfer or cashier’s check is due by 4:00 p.m. on the day of auction at the auctioneers office.
Deposit funds shall be held by A. J. Billig & Co., LLC. Balance to be paid in cash at settlement, which shall take place within 45 days. If payment of the deposit or 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 contract to date of settlement. 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 contract 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 contract 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. A 5% buyer’s premium will be added to the final bid price.