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Rob Goldman Legal Solutions
6800-B Holabird Avenue
Baltimore, MD 21222
ATTORNEY’S AUCTION
$290,000 Suggested Opening Bid
“High Point Estates”
TWO STORY
COLONIAL HOME
5 Bedrooms ◆ 3.5 Baths
Two-Car Attached Garage
Sale On Premises
1222 BONAIRE ROAD
Harford County, MD 21050
WEDNESDAY, DECEMBER 20, 2017
AT 2:00 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.
1222 Bonaire Road is located in the Forest Hill area of western Harford County, south of Jarrettsville Road, west of High Point Road, east of Baldwin Mill Road and north of East West Highway (MD-23). The neighborhood, High Point Estates, is about five miles northwest of downtown Bel Air and consists of custom single family homes, mostly built in the 1980s. Homes in the community appear well maintained. The surrounding area is a mixture of rural and residential land uses. Community shopping is nearby. According to the Harford County Public Schools web site, nearby public schools are North Bend Elementary, North Harford Middle and North Harford High.
146′ x 200′, comprising 0.73 acre
The lot is bordered by a forest conservation area in the rear and on the north side is an open lot which has not been developed.
Utilities – electricity, phone, cable, internet, private well and septic
Lot is landscaped and has an asphalt driveway, with additional parking area, leading to the garage.
Two Story Colonial Home – built in 1985 and originally 2,140 square feet of living area plus 1,180 square feet of basement space and 640 square foot garage, according to public tax records. The house was later expanded by adding a first floor family room and second floor master bedroom suite.
Exterior
Vinyl siding
Composition shingle roof with aluminum rain spouts
Vinyl-clad, double-hung windows
Concrete basement foundation
Covered front porch
Rear sun deck
First Floor
Second Floor
Basement
Mechanical
HVAC – two zones – electric heat pump and central air conditioning
Electric – 200 amp. and 100 amp. panels
50-gallon electric water heater
Verizon Fios
The property is in fee simple and sold free and clear of liens. Harford County Deed Liber 1317, folio 433. The property was occupied by the original homeowner.
Published annual real estate taxes are $4,329, based on a full value assessment of $332,400. 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
A $20,000 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. 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. 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 Charles Evans, Attorney-in Fact for Sharon E. Arnett