"North Laurel - Howard County"

REAL ESTATE AUCTION

RANCH HOME
On 0.46± Acre

Sale on Premises:
8719 SUSINI DRIVE
Off Scaggsville Road
Howard County, MD 20723

WEDNESDAY, SEPTEMBER 13, 2017
AT 1:00 P.M.

– Suggested Opening Bid: $250,000 –

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:
8719 Susini Drive is located in North Laurel in eastern Howard County. The home is within the Lakeview subdivision, south of Scaggsville Road. The Patuxent River is to the southwest. MD-216 is within one mile, providing excellent access to I-95 (approximately 1.5 miles away) and US-29 (approximately 2 miles away). Scaggsville and downtown Laurel are also accessible via MD-216, and provide extensive shopping, dining and other services. Nearby properties are comprised predominantly of single family homes constructed beginning in the 1950’s through recent years. According to hcpss.org and infofinderi.com, nearby schools are Fulton Elementary, Hammond Middle and Reservoir High.

For more information about the area, please visit:
https://www.howardcountymd.gov/
https://www.cityoflaurel.org/
http://www.hcpss.org/
&
https://www.infofinderi.com/ifi/?cid=HCP2IOASIJVW

SITE:
Lot size – 19,994 square feet, or 0.46 acre, more or less

The lot is mostly level and clear, fronting 105′ on Susini Drive, with depths of 192.21′ and 189.11′, and a rear lot line of 105.05′

Asphalt driveway and parking area for 4+ vehicles

Zoned R20 – Single Family Residential
For more information, please visit: Howard County zoning.

IMPROVEMENTS:
Brick ranch home – the home was constructed 1961 and contains 1,264 square feet of living area and 1,264 square feet of partially finished basement space, according to public tax records. An enclosed carport provides additional square footage.

Exterior
Brick and vinyl facade
Asphalt shingle roof
Vinyl-clad replacement windows
Aluminum downspouts and rain gutters

Interior
First Floor:
Living room – pergo floor, wood stove
Kitchen – laminate floor, updated cabinets, laminate countertops and stainless appliances
Family room (enclosed carport) – ceramic tile floor
Bedroom – pergo floor
Bedroom – pergo floor
Bedroom – pergo floor
Full hall bath – ceramic tile floor, updated vanity, shower/tub

Basement
Large, open finished room with ceramic tile floor
Full bath – shower
Utility area

Mechanical
Electric heat pump and CAC
40 gallon electric water heater
200 amp. electrical service
New sump pump

TAXES:
Published annual real estate taxes are $4,665.54, based on a full value tax assessment of $314,800.

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

TERMS OF SALE:
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. The Purchaser agrees to waive their right of inspection for lead paint, as provided under current Federal and State law. Purchaser assumes the risk of loss from the date of contract forward. The Purchaser waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the Purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. 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. Time is of the essence.

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