"City of Westminster"

Featuring Live & Online Simulcast Bidding
– $95,000 Opening Bid –

1.67± ACRE
DEVELOPMENT PARCEL
Central Location – Ample Frontage

Known As
222 E. GREEN STREET
Westminster, Carroll County, MD 21157

Online Bidding Opens
MONDAY, NOVEMBER 29, 2021

Live Onsite Auction
THURSDAY, DECEMBER 2, 2021
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.

LOCATION:
222 E. Green Street is centrally located in the City of Westminster in Carroll County, Maryland. Westminster is the County Seat for Carroll County, representing a hub of government and business in the County. Main Street is 2 blocks east, and the Government and Court complexes are approximately 6 blocks northeast. Restaurants, retail business, entertainment venues, professional offices, government and neighborhood services are all within close proximity. Surrounding properties comprise of a mix of single family homes, semi-detached homes, apartment buildings and automotive businesses.

The property has been owned by the same family since the late 1940’s, and has been used for a variety of purposes over that period. The property is one of the largest undeveloped pieces within the City of Westminster. The combination of lot size, orientation along 4 different streets and general location make the site prime for a variety of development perspectives.

For more information about the area, please visit:
Westminster, MD – www.westminstermd.gov
Carroll County Government – https://www.carrollcountymd.gov
Carroll County Public Schools – https://www.carrollk12.org

SITE:
Lot size – 1.67 acres, according to public tax records. 1.857 acres, according to deed and survey records. No adjustment for price will be made for acreage larger or smaller than seller’s right, title and interest in the subject property.

The property fronts approximately 283′ on E. Green Street, 285′ on Sycamore Street, 277′ on Ralph Street and 316′ on Winchester Avenue. See legal description and survey below for specific dimensions.

The lot is mostly level and partially paved with both asphalt and gravel. The balance of the area is grass covered with a small handful of mature trees. Entrances at Sycamore and Ralph Streets are asphalt paved. A small outbuilding is situated towards the Sycamore Street entrance. There is a 10′ storm sewer easement on the property. Public water and sewer are in surrounding properties – check with city for availability.

Survey

ZONING:
R-7500 – Residential (City of Westminster) – Providing for single family homes on lots of 7,500 square feet or larger, semi-detached homes on lots of 3,500 square feet or larger, and other permitted uses and those available by special exception.

The property has been used for parking most recently, and may also be suitable for other uses available via conditional or non-confirming use.

For more information about Zoning in the City of Westminster, please visit:
Zoning – www.westminstermd.gov

Zoning Map – westminster-md.maps.arcgis.com

TITLE:
The property is in fee simple and sold free and clear of liens.

TAXES:
Published annual real estate taxes are $2,732.73, based on a full value assessment of $161,700.

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

Live Auction Bidders – a $10,000 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.

Online Auction Bidders – a 10% deposit, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:30 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. The Purchaser waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the Purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. 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.

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