Email: info@ajbillig.com
6500 Falls Road, Baltimore, MD 21209
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Robert C. Lidston, Attorney
1334 Sulphur Spring Road
Halethorpe, MD 21227
ESTATE AUCTION
BUNGALOW
~Water views to Marley Creek~
Sale On Premises
1742 MARLEY AVENUE
Glen Burnie, MD 21060
FRIDAY, AUGUST 16, 2019
AT 11:00 A.M.
– Suggested Starting Bid: $25,000 –
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:
1742 Marley Avenue is located in the Point Pleasant neighborhood in Glen Burnie. The home is situated on a rectangular lot and features a one and one half story bungalow with a concrete rear shed. The home has water views to Marley Creek which feeds into the Patapsco River. For boat lovers, Marley Creek Marina is available within 3 miles of the home.
SITE:
Lot – 0.186 acre, more or less
Zoned C1 Local Commercial
All public utilities
Fenced rear yard
Gravel driveway
Rear shed
IMPROVEMENTS:
One and one half story vinyl siding bungalow. According to public tax records the home was constructed in 1940.
INTERIOR:
First floor:
Mechanical:
EXTERIOR:
TITLE:
In fee simple; sold free and clear of liens.
TAXES:
Published annual real estate taxes are $2,563.38, based on a full value assessment of $159,200. 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 REFER TO THE CONTRACT FOR THE COMPLETE TERMS OF SALE:
A $5,000 deposit, payable by certified check or 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 by 11:00 A.M., Monday, August 19, 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, ground rent, 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!
Auction by order of the Estate of Clifford Lewis
