"Abingdon - Laurel Valley"

Rob Goldman Legal Solutions
6800-B Holabird Avenue, Dundalk, MD 21222

$100,000 Opening Bid

“Laurel Valley”

TWO STORY TOWNHOME
2 Bedrooms ◆1.5 Baths

Sale On Premises
2535 MERRICK COURT
Harford County, MD 21009

MONDAY, MAY 23, 2022
AT 1:00 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:
2535 Merrick Court is located in southeastern Harford County, off Emmorton Road, south of Bel Air and north of I-95. Laurel Valley, the surrounding neighborhood, is comprised of single family homes and townhomes, built in the 1980s. Nearby public schools are William S. James Elementary, Patterson Mill Middle and Patterson Mill High, according to the Harford County school locator web site. Shopping, restaurants and community services are all within one mile of the home.

HOA:
Homeowners association fees are $100 per quarter and include common area maintenance. HOA Resale Package

SITE:
Rectangular lot – 15′ x 100′. Plat
Public utilities
Common area parking lot
Fenced rear yard with small deck

IMPROVEMENTS:
Two story inside-group townhome, built in 1985, containing 946 square feet, according to public tax records. The home is constructed on a slab at grade.

Exterior – vinyl siding, composition shingle roof, vinyl-clad double hung windows

First Floor

• Foyer – ceramic tile floor, coat closet
• Half-Bath – ceramic tile floor
• Living/Dining Room – ceramic tile floor
• Galley Kitchen – ceramic tile floor, wood cabinets, laminate counters, electric range/oven, refrigerator, disposer, dishwasher

Second Floor

• Two Bedrooms – vinyl flooring
• Full Bathroom – vinyl flooring, laundry closet with washer and dryer

Mechanical – electric heat pump and central air conditioning, electric water heater

The home needs renovation.

TAXES:
Published annual real estate taxes are $1,551, based on a full value assessment of $137,933. 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

TITLE:
The property is in fee simple and sold free and clear of liens. It was owned by the original purchaser, as per Deed dated August 23, 1985, recorded among the Land Records of Harford County in Book 1284, Page 886.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $15,000 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. 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, homowners association fees, 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, and subject to the Declaration, By-Laws, Rules and Regulations of the Laurel Valley Homeowners Association. Purchaser assumes the risk of loss from the date of contract forward. The purchaser agrees to waive the right of rescission under the Maryland Homeowners Act, having reviewed the HOA Resale Package prior to bidding. 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.

Robin M. Goldman, Personal Representative
of the Estate of Stephen J. Skolnik