"Joppatowne - Rumsey Island"

Live Auction Bidders – A $30,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. If necessitated by price, the deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office. Personal checks for the difference in the deposit will be accepted at the sale site or wiring instructions will be provided.

Online Auction Bidders – A 10% deposit, payable by wire transfer or cashier’s check is due by 4:00 p.m. on the day of auction at the auctioneers 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.

A 5% buyer’s premium will be added to the final bid price. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page and see the Sample Contract.

Featuring Live & Online Simulcast Bidding
$300,000 Opening Bid
Pre-Auction Offers Will Be Considered

JOPPATOWNE

“Rumsey Island”

WATERFRONT HOME
3 Bedrooms ◆ 2.5 Baths ◆ Pier ◆ Pool

Known As
135 BREAKWATER COURT
Harford County, MD 21085

Online Bidding Opens
SUNDAY, OCTOBER 22, 2023

Live Onsite Auction
TUESDAY, OCTOBER 24, 2023
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.

LOCATION:
The property is located in the Joppatowne neighborhood of southern Harford County, south of US-40 and west of Joppa Farm Road. The surrounding neighborhood is a mixture of tidy detached homes, townhomes and apartments. According to the Harford County Public Schools website, nearby public schools are Joppatowne, Magnolia Middle and Joppatowne High. The neighborhood is convenient to I-95, providing good access to employment centers throughout the area. Shopping and community services are located within Joppatowne and larger big box stores and shopping centers are on nearby Pulaski Highway (US-40).

135 Breakwater Court is located on the Gunpowder River.

For additional information see:
Rumsey Island Resident Association – rumseyisland.com

SITE:
Lot fronts approximately 70.87′ along the Gunpowder River, 17.5′ along Breakwater Court, with a depth of approximately 152′, comprising 0.152 acre of land
Boundary Survey

Public Utilities

Zoning R3, Residential

Concrete Bulkhead

Wooden Pier with Electric and Recently Installed Boat Lift

According to the NOAA depth chart, water depth is approximately 15′ at MLW
Depth Chart

Wood Sun Deck

Paver Patio

Above-ground Swimming Pool with deck surround

Large Storage Shed

Concrete Driveway for 2+ Cars

IMPROVEMENTS:
Two story semi-detached home, built in 1977 and containing 1,584 square feet of living area.

Exterior – brick and vinyl siding, shingle roof, vinyl-clad replacement windows

Main Level

• Living Room – LVT flooring, sliding door to rear deck, wood-burning fireplace
• Dining Room – LVT flooring
• Kitchen – LVT flooring, wood cabinets, granite counters, electric range/oven, refrigerator, dishwasher
• Half Bath – ceramic tile flooring
• Laundry/Utility Room – washer and dryer

Upper Level

• Primary Bedroom – carpeting, en-suite ceramic tile shower Bath, sliding doors to waterfront balcony
• Bedroom #2 – carpeting
• Bedroom #3 – carpeting
• Full Hall Bathroom – ceramic tile, shower wall tile

Mechanical – electric heat pump and central air conditioning, electric water heater, 150 amp. electrical service

TITLE:
The property is in fee simple and sold free and clear of liens. Harford County Deed Book 15637, Page 259.

TAXES:
Published annual real estate taxes are $2,761, based on a full value assessment of $274,400.

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: Assessment Appeal Process – dat.maryland.gov

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.

Live Auction Bidders – A $30,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. If necessitated by price, the deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office. Personal checks for the difference in the deposit will be accepted at the sale site or wiring instructions will be provided.

Online Auction Bidders – A 10% deposit, payable by wire transfer or cashier’s check is due by 4:00 p.m. on the day of auction at the auctioneers 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. A 5% buyer’s premium will be added to the final bid price.