"Southern Maryland - Longview Beach Club"

Joshua E. Zukerberg, Attorney
CHASE & CHASE
1190 W. Northern Parkway – Suite 124
Baltimore, MD 21210

– Absolute Over $20,000 –

“Longview Beach Club”

One Story Bungalow On
0.234± ACRE LOT

And Adjacent
0.234± ACRE LOT
Sold As An Entirety Only

Known as
36764 ROBERTO DRIVE
(Lot 22, Longview Beach Club)
And
LOT 21, LONGVIEW BEACH CLUB
Bushwood, St. Mary’s County, 20618

Online Bidding Opens
Monday, March 22, 2021

Online Bidding Closes
Thursday, March 25, 2021
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:
Longview Beach Club is located south of MD-238 and north of the Potomac River, along the eastern bank of the Wicomico River, in St. Mary’s County. The surrounding area is a mixture of standard detached homes, larger waterfront homes and agricultural land. 36764 Roberto Drive is two blocks walk from Mill Creek, a scenic waterfront cove. Leonardtown, Solomons, Lexington Park and Patuxent River Naval Air Station are a short drive to the east.

SITE:
The property is comprised of two adjacent residential lots, each 60′ x 170′ or 0.234 acre. Total site size is 0.468 acre. Plat

Lot 21 is unimproved.

Lot 22 is improved a house.

Well and septic are required.

Zoning RNC – residential neighborhood conservation

IMPROVEMENTS:
According to public tax records, Lot 22 is improved by a one story frame home, built in 1965 and containing 628 square feet, with living room, dining room, kitchen, 2 bedrooms, 2 baths, and an enclosed porch. The home is in poor condition.

HOMEOWNER’S ASSOCIATION:
Annual HOA fees are $235. Please see the attached Constitution and By-Laws, which are provided by the HOA in lieu of at resale package.

TITLE:
Known as Lots No. 21 and 22, Block 51 of Longview Beach Club, the properties will be sold together free and clear of all liens. Deed Book CBG 73, Page 366 and Book DBK 220, Page 164.

TAXES:
Lot 21 – Published annual real estate taxes are $108, based on a full value assessment of $4,500.

Lot 22 – Published annual real estate taxes are $1,309, based on a full value assessment of $108,333.

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 10% deposit, payable by wire transfer or cashier’s check, will be required of the purchaser by 4:30 p.m. on the day of auction. 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, HOA fees if any, 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 agrees to waive the right of inspection for lead paint, as provided under current Federal and State law, and agrees to waive any right of rescission under the Maryland Homeowner’s Act, if applicable. 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.

No buyer’s premium.