"Havre de Grace - Webster Village"

Gina D. Shaffer, Attorney
Shaffer, McLauchlin & Stover, LLC
836 S. Main Street – Suite 102
Bel Air, MD 21014

 ESTATE AUCTION 

$100,000 Suggested Opening Bid

“Webster Village”

BRICK RANCHER
3 Bedrooms ◆ 3 Baths ◆ Garage
Situated on Scenic Pond

Sale On Premises
119 SPRINGLAKE WAY
aka 119 Spring Lake Way
½ Mile West of I-95 Exit 89
Harford County, MD 21078

TUESDAY, OCTOBER 22, 2019
AT 12 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:
119 Springlake Way is located in the Havre de Grace area of northeastern Harford County. Situated just south of MD-155, west of I-95 Exit 89 and the Susquehanna River, the property is located in a custom home subdivision along scenic Deepshadow Lake (pond). The Webster Village subdivision is about four miles northwest of downtown Havre de Grace. According to the Harford County School Locator, nearby public schools are Meadowvale Elementary, Havre de Grace Middle and Havre de Grace High. Due to the close proximity to I-95, the home has excellent access to employment centers, while situated in a tranquil neighborhood setting.

SITE:
Corner Springlake Way and U Way
0.4692 acre fronting 70′ along Deepshadow Lake (pond)
Wooden pier
Private well and septic
Asphalt driveway with 10+ car parking
Landscaping

IMPROVEMENTS:
One Story Brick Ranch Home, built in 1959, containing 1,500 square feet of living area, 1,500 square feet of basement space, plus a large sun room.

Exterior
Covered front porch
Composition shingle roof, aluminum rainspouts
Concrete block basement foundation
Wood double-hung and casement windows

Main Level

• Foyer – slate floor, coat closet
• Living/Dining Room – carpeting over wood floor, brick wood burning fireplace, built-in bookshelves
• Sun Room – carpeting, 4 sliding doors, heated
• Eat-in Kitchen – carpeting, updated wood cabinets, Corian counter, work island with electric range, stainless steel refrigerator/freezer, dishwasher, JennAir wall oven, pantry
• Master Bedroom – carpeting over wood floor, En-Suite Bathroom with shower
• Bedroom #2 – carpeting over wood floor
• Bedroom #3 – carpeting over wood floor
• Full Hall Bathroom – vinyl floor, ceramic tile wainscot
• Linen Closet

Lower Level – at grade in rear

• Family Room – carpeting
• Full Bathroom – vinyl floor, fiberglass tub enclosure
• Two-Car Garage

Mechanical
Oil fired, hot water baseboard heat
Central air conditioning
Oil fired water heater
100 amp. electrical service
Well-X-Trol water softener

The home needs updating and cosmetic repairs. It is believed to have been occupied by the original owner.

TITLE:
The property is in fee simple and sold free and clear of liens. Harford County Deed Book 348, Page 33.

TAXES:
Published annual real estate taxes are $2,658, based on a full value assessment of $232,100. 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:
https://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx

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, 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.

Gina D. Shaffer, Personal Representative
of the Estate of Robert Lee Johnson