"Glen Burnie - Twin Coves"

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 (company or personal checks for the increased deposit will be accepted at the sale site or wiring instructions will be provided).

Online Auction Bidders – A 10% deposit, payable by wire transfer or cashier’s check, is required by 4:00 p.m. on the day of auction. No exceptions. When you register for an online auction, a “ping” will be placed on your credit card and immediately voided, you will not be charged the deposit amount.

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.

Guardians’ Sale

Live Online & Simulcast Online Bidding
$200,000 Opening Bid

GLEN BURNIE

“Twin Coves”

RANCHER
4 Bedrooms ◆ 2 Baths
Large Sun Room ◆ In-Law Suite

Known As
7220 JUDY ROAD
Near Furnace Creek
Anne Arundel County, MD 21060

Online Bidding Opens
MONDAY, DECEMBER 2, 2024

Live Onsite Auction
TUESDAY, DECEMBER 3, 2024
AT 11:00 A.M.

Pursuant to Orders of the Circuit Court for Anne Arundel County, passed in the Matters of Clayette Sanger, Case No. C-02-FM-23-004233, Gilda Ohanes Karpouzian, Guardian of the Property and Marna Bornick, Case No. C-02-FM-23-004105, Karen Allen Nicolaus, Guardian of the Property, the above-captioned property will be offered for sale at Public Auction.

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:
7220 Judy Road is situated in the Twin Coves subdivision in northern Anne Arundel County. The property is located east of MD-10 and Furnace Branch Road, along the south shore of Furnace Creek. Highway access is excellent. Shopping and community services are nearby. According to the Anne Arundel County Public Schools Locator, nearby public schools are Point Pleasant Elementary, Marley Middle and Glen Burnie High. Neighborhood housing predominantly consists of well maintained single family homes, built during the 1960s. According to Bright MLS, home sales prices in Twin Coves ranged from $380,000 to $515,000 during the past twelve months.

SITE:
Landscaped lot 60′ x 130′. Plat
Zoning R5, residential
Public utilities
Two-car concrete driveway
2 – storage sheds
Open and covered concrete patios
Fenced rear yard

IMPROVEMENTS:
Brick and vinyl siding ranch-style home, built in 1963, containing 1,069 square feet of living area, plus sun room, on the first floor and 1,069 square feet of basement space, according to public tax records. The home has vinyl-clad double-hung windows, composition shingle roof, and concrete foundation.

Main Level

• Foyer – wood floor, coat closet
• L-Shaped Living/Dining Room – wood floor, ceiling fan
• Sun Room – tile floor
• Eat-in Kitchen – vinyl floor, wood cabinets, granite counters, gas range/oven, refrigerator, microwave, dishwasher
• Bedroom #1 – carpeting
• Bedroom #2 – wood floor
• Bedroom #3 – wood floor
• Full Bathroom – ceramic tile

Lower Level

• Family Room – carpeting, bar
• Bedroom #4 – carpeting
• Full Bathroom – ceramic tile
• Kitchenette – LVP flooring, wood cabinets, laminate counters, electric range/oven
• Laundry – washer, dryer, utility sink
• Outside Exit

Mechanical – gas forced air heat, central air conditioning, gas water heater, 200-amp. electrical service

TITLE:
The property is in fee simple and sold free and clear of liens. Anne Arundel County Deed Book RPD 32499, Page 325.

TAXES:
Published annual real estate taxes are $3,527, based on a full value assessment of $309,933.

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 $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 (company or personal checks for the increased deposit will be accepted at the sale site or wiring instructions will be provided).

Online Auction Bidders – A 10% deposit, payable by wire transfer or cashier’s check, is required by 4:00 p.m. on the day of auction. No exceptions.

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. 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.