"Laurel"

Karen Allen Nicolaus, Attorney
1002 Frederick Road – Suite 2
Catonsville, MD 21228

Featuring Live & Online Simulcast Bidding
ABSOLUTE TO THE HIGHEST
BIDDER ABOVE $375,000

TWO STORY
COLONIAL HOME
5 Bedrooms ◆ 3 Baths ◆ 1.5 Acres
Garage Parking for 4 Vehicles

Known As
8368 BROCK BRIDGE ROAD
Anne Arundel County, MD 20724

Online Bidding Opens
MONDAY, JUNE 7, 2021

Live Onsite Auction Begins
WEDNESDAY, JUNE 9, 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:
The property is located northeast of Downtown Laurel in northwestern Anne Arundel County. The surrounding area is rural in appearance, yet convenient to major highways, employment centers, dining, shopping and community services. Nearby public schools are Maryland City Elementary, Meade Middle and Meade High, according to the Anne Arundel County government web site.

SITE:
Level lot approximately 199′ x 310′, comprises 1.5 acres. Plat
Zoning R1, residential
Private well and septic
Shared entrance driveway
Asphalt paved parking for approximately 10 vehicles, leads to two detached garages

IMPROVEMENTS:
Two Story Colonial Home, built in 1987, contains 2,713 square feet of living area and 1,855 square feet of basement space, according to public tax records.

Exterior – vinyl siding, composition shingle roof, vinyl-clad double-hung windows, concrete block foundation, three-car vinyl siding detached garage, one-car vinyl siding detached garage, wood sun deck

First Floor

• Foyer – vinyl floor
• Living Room – vinyl woodgrain laminate floor, ceiling fan
• Dining Room – vinyl woodgrain laminate floor, ceiling fan
• Eat-in Kitchen – vinyl floor, ceiling fan, wood cabinets, granite counters, stainless steel appliances (electric range/oven, microwave, refrigerator, dishwasher), washer and dryer
• Bedroom #5 – vinyl floor
• Bathroom – ceramic tile, walk-in shower
• Family Room – vinyl woodgrain laminate floor, cathedral ceiling with 3 skylights, gas fireplace, 2 ceiling fans

Second Floor

• Master Bedroom – vinyl woodgrain laminate floor, ceiling fan, en-suite full Master Bathroom
• Bedroom #2 – carpeting
• Bedroom #3 – carpeting
• Bedroom #4 – carpeting
• Full Bathroom – ceramic tile
• Scuttle Attic
• Linen Closet

Full Basement

• Unfinished
• Outside Exit

Mechanical – propane forced air heat, central air conditioning, 200 amp. electrical service, 50-gallon electric water heater, Ecowater treatment system, John Deere tractor and accessories

TITLE:
The property is in fee simple and sold free and clear. Anne Arundel County Deed Book RPD 31809, Page 154.

TAXES:
Published annual real estate taxes are $4,482, based on a full value assessment of $410,233. 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 Onsite Bidders – A $40,000 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.

Online Bidders – A 10% deposit, payable by cashier’s check or wire transfer is required of the winning bidder 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. 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.

Karen Allen Nicolaus, Guardian of the Property of Diana L. Howard