"Silver Spring - Glenview"

Live Auction Bidders – A $25,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale.

Online Auction Bidders – A $25,000 deposit, payable by wire transfer or cashier’s check, is required prior to the start of the live auction. Auction Escrow Agreement

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.

Law Offices of Adam J. Roa
600 Washington Avenue – Suite 202, Towson, MD 21204

Estate Sale

Live Onsite & Simulcast Online Bidding
$250,000 Opening Bid

SILVER SPRING

“Glenview”

SPLIT-FOYER HOME
5 Bedrooms ◆ 3 Baths

Known As
10715 GEORGIA AVENUE
(MD-97). Enter from Windham Lane
Montgomery County, MD 20902

Online Bidding Opens
TUESDAY, OCTOBER 29, 2024

Live Onsite Auction
WEDNESDAY, OCTOBER 30, 2024
AT 12:00 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:
10715 Georgia Avenue (MD-97) is located in the Glenview neighborhood of Silver Spring, north of Beltway (I-495) Exit 31 and south of University Boulevard (MD-193). The surrounding area is a mixture of well-kept single family homes and apartments. Shopping and public transportation are within walking distance. According to the Montgomery County public school locator, nearby schools are Glen Haven Elementary, Sligo Middle and Northwood High.

SITE:
The property fronts approximately 60′ along the east side of Georgia Avenue, by a depth of approximately 116′, comprising approximately 0.17 acre. A 20′ easement from Windham Lane provides access to driveway parking in the rear of the home. Plat

Zoning R60, residential

Public utilities

Rear concrete patio

Storage shed

IMPROVEMENTS:
Split-Foyer Home, built in 1999, containing 1,294 square feet of upper level living area and 1,000 square feet on the lower level, according to public tax records. The home has vinyl siding, a poured concrete foundation, composition shingle roof, and vinyl-clad double-hung windows.

Upper Level

• Living Room – wood floor, ceiling fan
• Dining Room – wood floor, sliding door rear view
• Eat-in Kitchen – tile floor, range/oven, dishwasher, refrigerator
• Primary Bedroom – wood floor, En-Suite Bath with walk-in tub
• Bedroom #2 – wood floor
• Bedroom #3 – wood floor
• Full Bathroom – tile floor

Lower Level

• Bedroom #4 – carpeting
• Bedroom #5 – carpeting
• Family Room – LVP flooring
• Full Bathroom – tile floor
• Laundry/Utility Room – washer, dryer

Mechanical – gas forced air heat, central air conditioning, 200-amp. electric service, sump pump

TITLE:
The property is in fee simple and sold free and clear of liens. Montgomery County Deed Liber 17826, Page 101; driveway Easement Agreement Liber 17271, Page 126.

TAXES:
Published annual real estate taxes are $731.09, based on a full value assessment of $466,300.

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 the Maryland State Department of Assessments & Taxation concerning the appeals process, and may see the following link for helpful information: Assessment Appeal Process – dat.maryland.gov

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.

Live Auction Bidders – A $25,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale.

Online Auction Bidders – A $25,000 deposit, payable by wire transfer or cashier’s check, is required prior to the start of the live auction. Auction Escrow Agreement

The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office (company or personal checks for the increased deposit will be accepted at the sale site or wiring instructions will be provided). 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, WHERE IS” condition, 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. 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.

Adam J. Roa, Personal Representative of the Estate of Earl Wilkie Wright