"Havre de Grace"

REAL ESTATE AUCTION

BUNGALOW
With Workshop & Garage
– On 0.75± Acre –

Sale On Premises
1932 CHAPEL ROAD
Between Robinhood Road and Blenheim Farm Lane
Harford County, MD 21078

FRIDAY, NOVEMBER 16, 2018
AT 11:00 A.M.

– Suggested Starting Bid: $50,000 –

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:
1932 Chapel Road is located in the Havre de Grace area of northern Harford County. The property sits at the edge of the Bulle Rock development, which features one of the State’s best public golf courses and an array of residential communities. The location is convenient to I-95, with MD-155 (exit 89) approximately 2 miles to the north. The US-40 corridor is about 3 miles to the south, and features major employers, restaurants, retail businesses and community services. The towns of Havre de Grace, Aberdeen and Bel Air are also easily accessible. According to the Harford County Public Schools Finder, nearby schools are Meadowvale Elementary, Havre de Grace Middle and Havre de Grace High.

SITE:
Lot size – 0.75 acre, more or less

The lot is mostly level, partially fenced and features mature trees and landscaping

Driveway and parking area

The property is serviced by private well and septic

Well Yield Test Report

Potability Test Report

IMPROVEMENTS:
One and one-half story bungalow – the home was constructed in 1928, contains 863 square feet of living area and 863 square feet of basement space, according to public tax records. A living room and pantry addition were added after initial construction, and are likely to be in addition to the stated square footage on the tax record. The property also features a detached, heated garage and workshop building with overhead door.

HOME:

Exterior
Front and rear covered porches
Vinyl siding
Asphalt shingle roof
Casement and double-hung windows
Aluminum downspouts and rain gutters

Interior
First floor:
Entry foyer – tile floor
Open living room and dining room – wood tile floor
Kitchen – tile floor
Laundry and powder room
Pantry
Bedroom – wood tile floor
Bathroom – laminate floor

Second floor:
3 rooms and storage

Basement/Mechanical:
Unfinished basement
Oil fired forced air heat
CAC
150 amp. electrical service

Needs updating and cosmetic repair

GARAGE:
Overhead door and second entrance
Vinyl siding
Garage and workshop spaces
Propane heat

TITLE:
The property is in fee simple and sold free and clear of liens.

TAXES:
Published annual real estate taxes are $1,702.15, based on a full value assessment of $142,300. 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:
http://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 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, November 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, 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!