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A $5,000 or 10% deposit, whichever is greater, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:00 P.M. on the day of auction, at the Auctioneer’s office. When you register for an online auction, a “ping” will be placed on your credit card and immediately voided, you will not be charged the deposit amount. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page and see the Sample Contract.
$5,000 Starting Bid
Zoned AC – Agricultural Conservation
12755 SHILOH CHURCH ROAD
Charles County Tax ID: 0905008514
Off Rock Point Rd.
Newburg, Maryland 20664
ONLINE BIDDING OPENS:
MONDAY, JULY 24, 2023
ONLINE BIDDING CLOSES:
TUESDAY, JULY 25, 2023
AT 12:00 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.
12755 Shiloh Church Road is located in the town of Newburg in Charles County, Maryland. Newburg is a small, rural town known for its quiet and friendly atmosphere and its proximity to Washington DC and Alexandria. The Potomac River binds the western boundary of the peninsula, and the Wicomico River binds the east. The area is predominantly agricultural, including both large farms and expansive wooded tracts. Maritime businesses and waterfront communities are along each of the aforementioned bodies of water, as well as a few interior creeks. US-301 is situated approximately 3 miles northwest, providing excellent access to major employment centers in La Plata, Waldorf, Washington DC and a number of nearby military bases in both Maryland and Virginia. According to the Charles County school locator, the public schools are Dr. Thomas L. Higdon Elementary School, Piccowaxen Middle School and La Plata High School.
For more information about the area, please visit:
Charles County, MD – www.charlescountymd.gov
Lot size – 3 acres, more or less, according to public tax records. Plat
Well and septic are believed to be required.
AC – Agricultural Conservation
According to the Charles County zoning code, “the Agricultural Conservation Zone provides a full range of agricultural and farming activities, protects these established uses from encroaching development which might adversely affect the agricultural economy of the County and encourages the right to farm in the County without undue burden on the landowner.”
For more information:
Charles County Zoning Code – ecode360.com/27245721
In fee simple; and sold free and clear of liens.
Published annual real estate taxes are $1,132.62, based on a full value assessment of $86,000.
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: Assessment Appeal Process – dat.maryland.gov
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $5,000 or 10% deposit, whichever is greater, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:00 P.M. on the day of auction, 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 shall be responsible for obtaining physical possession of the property and assumes the risk of loss or damage to the property from the date of contract forward. 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, including agricultural transfer tax, if applicable, and all costs incidental to settlement to be paid by Purchaser except where otherwise required by local, State or Federal law.
NO BUYER’S PREMIUM