"Riverdale"

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 ONLINE REAL ESTATE AUCTION 

– $150,000 Opening Bid –

BRICK CAPE COD HOME

Known As
6133 KENILWORTH AVENUE
Prince George’s County, MD 20737

Bidding Opens – Friday, May 1, 2020

Bidding Closes
TUESDAY, MAY 5, 2020
AT 12:00 NOON

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:
6133 Kenilworth Avenue (MD-201) is located west of the Baltimore Washington Parkway (MD-295), south of the Capital Beltway (I-95/I-495), one block north of Riverdale Road and one block east of Riverdale Park. The MTA Metrorail Purple Line is under construction opposite the property. The Purple Line is a 16-mile light rail line that will extend from Bethesda in Montgomery County to New Carrollton in Prince George’s County. It will provide a direct connection to the Metrorail Red, Green and Orange Lines; at Bethesda, Silver Spring, College Park, and New Carrollton. The Purple Line will also connect to MARC, Amtrak, and local bus services. Shopping and community services are within walking distance of the home. On-street parking is at the door.

SITE:
Rectangular lot, approximately 40′ x 124′ comprising 0.114 acre
Zoning R55, residential
All public utilities
Fenced rear yard

IMPROVEMENTS:
One and one-half story Cape Cod home, built in 1950, containing 1,220 square feet of living area and 700 square feet of basement space.

Exterior – brick facade, vinyl siding trim, vinyl-clad double hung windows, composition shingle roof, aluminum rainspouts

Interior – wood floors. First floor contains a foyer with coat closet, living room with fireplace, kitchen, 2 bedrooms and full bathroom. Second floor has 2 rooms and shower-bath. Basement is unfinished, has a laundry with washer and dryer and utility sink. The home has gas hot water heat, a gas water heater and 100-amp. electrical service. The home is vacant. Some updating and cosmetic repairs are needed.

TITLE:
The property is in fee simple and sold free and clear of liens. Prince George’s County Deed Book 39439, Page 452.

TAXES:
Published annual real estate taxes are $3,655, based on a full value assessment of $266,333. 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 within 24 hours of the sale 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 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.

No buyer’s premium.