A $3,000 deposit, or ten percent (10%) of the Purchase Price, whichever is greater, payable by cashier’s check or wire transfer, will be required of the Purchaser by 4:30 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. A 5%, or $2,500 buyer’s premium, whichever is greater, 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 or see the Sample Contract.
MARYLAND EASTERN SHORE
– BELLEVUE AREA –
– On 0.172 Acre –
25790 DAWSON STREET
Off Gate Street
Royal Oak, Talbot County, MD 21662
TUESDAY, MARCH 28, 2023
THURSDAY, MARCH 30, 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.
25790 Dawson Street is located in the Royal Oak community of Talbot County on Maryland’s Eastern Shore. The water rich neighborhood of Bellevue is surrounded by the Tred Avon River and Tar Creek. The home is within walking distance (0.3 mile) to Bellevue Park where there is a beach, ball fields, basketball court and a boat ramp. Residents of the area have the convenience of taking the Bellevue-Oxford Ferry, located at Bellevue Park, to the Oxford Crabbing Pier across the Tred Avon River. There are various marinas, restaurants and activities in the town of Oxford. Royal Oak is a rural community surrounded by farms, creeks and rivers. Nearby, in St. Michael’s, are grocery stores, a museum, a winery and more entertainment venues. Area public schools include St. Michael’s Elementary School, St. Michael’s Middle School and St. Michael’s High School.
For more information, please see:
Talbot County, MD – talbotcountymd.gov
Bellevue Landing – www.delmarvatrailsandwaterways.com
Lot – 50′ x 150′, more or less
Public sewer is believed to be available. Well is believed to be required.
Two story single family detached home constructed in 1900 containing 912 square feet of living area with no basement, according to public tax records. The home is believed to contain living room, kitchen, two rooms and a bathroom. The property has damage to the rear. Razing or rehabilitation is required.
In fee simple; sold free and clear of liens. Talbot County Deed Book Liber KMD 3031, folio 199.
Published annual real estate taxes are $674.11, based on a full value assessment of $84,900.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $3,000 deposit, or ten percent (10%) of the Purchase Price, whichever is greater, payable by cashier’s check or wire transfer, will be required of the Purchaser by 4:30 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 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. A 5%, or $2,500 buyer’s premium, whichever is greater, will be added to the final bid price.