"Pasadena"

Starting Bid: $15,000

RESIDENTIAL PARCEL
– 0.115± Acre –

Known As
201 MAPLE AVENUE
Pasadena, Anne Arundel County, MD 21122

Online Bidding Opens
MONDAY, JULY 11, 2022

Online Bidding Closes
TUESDAY, JULY 12, 2022
AT 12:15 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:
201 Maple Avenue is located in the Pasadena area of Anne Arundel County. The neighborhood, stated as Pasadena in plat and deed records, is comprised of single family homes constructed over the past 100 or so years. Most homes date from the 1950s through the 1970s, and many of the original homes have been substantially improved or expanded since their original construction.

The property is located a very short distance east of Ritchie Highway (MD-2) less than one mile south of the ramp to MD-100. Ritchie Highway and MD-100 provide excellent access to shopping, dining and major employers throughout the area, including those located in Pasadena, around BWI, Baltimore, Annapolis and Washington, D.C. According to the Anne Arundel County Public Schools website, nearby schools are Pasadena Elementary, Chesapeake Bay Middle and Chesapeake High.

For more information about the area, please visit:
Anne Arundel County – www.aacounty.org

SITE:
Lot size – 5,000 square feet, or 0.115 acre, more or less, according to public records.

Known as lot numbers 1 & 2, Block 27, on the Plat of Pasadena recorded in the Anne Arundel County Land Records in Plat Book Liber CCC 12, folio 11. Believed to be 50′ wide with depths of 100′.

Plat

Also known as Anne Arundel County tax IDs: 363409784600 & 363409786000

Public water and community septic service are believed to be in nearby properties.

ZONING:
R-2 Residential

For more information, please visit:
Planning and Zoning – www.aacounty.org

TITLE:
In fee simple; sold free and clear of liens.

TAXES:
Total published annual real estate taxes are $117.04, based on a full value assessment of $11,200.

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.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $5,000 or 10% deposit, whichever is greater, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:00 P.M. on the day of auction, at the Auctioneer’s 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. 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. The purchaser shall be required to use Calvert Title Company (90 Holiday Drive, Suite C, Solomons, MD 20688; 443.355.4663) to conduct the closing for the transaction.

No Buyer’s Premium!