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The property will be open 1 hour prior to the live onsite auction and is also available to view per the following instructions:
For Agents: please schedule online via ShowingTime.
For Individuals: Request Access to Property. Once the completed form has been received, you will receive inspection instructions via email. Inspection requests are normally answered Mon.-Fri. 9 am – 4 pm.
A $20,000 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 (wire or cashier’s check). No Buyer’s Premium. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page or see the Sample Contract.
Louis J. Weinkam, Jr., Esquire
1002 Frederick Road
Catonsville, MD 21228
To The Highest Bidder Over $185,000
3-4 Bedrooms ✦ 1.5 Baths ✦ 0.17± Acre Lot
Sale On Premises
308 LAURA AVENUE
Off Colonial Drive, Near Nursery Road
Linthicum Heights, Anne Arundel County, MD 21090
THURSDAY, SEPTEMBER 14, 2023
AT 11:00 A.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.
308 Laura Avenue is located in the Colonial Drive subdivision in the Linthicum Heights area of northern Anne Arundel County. The Colonial Drive subdivision comprises approximately 188 homes originally developed and built in the early 1950’s. Most of the homes have been significantly updated and or expanded since their original construction. The location is exceedingly convenient, with exits to and from both I-695 and the Baltimore Washington Parkway within one mile. There are a significant number of major employers in the area, including those within and surrounding BWI – Thurgood Marshall International Airport. Retail, dining, shopping and neighborhood services are ample in the surrounding area, including G&M Seafood and an array of national chains. According to the Anne Arundel County Public Schools locator app, nearby schools are Overlook Elementary, Lindale Middle and North County High.
For more information about the area, please visit:
Anne Arundel County, MD – www.aacounty.org
Anne Arundel County Public Schools – www.aacps.org
Lot size – 0.172 acre, more or less. Plat
Full fenced yard. Curb cut with potential for driveway access. New concrete walkways and landscape structures. One large out-building and smaller storage shed.
All public utilities
Zoned R-5 Residential
One and one-half story bungalow – constructed in 1952, containing 1,402 square feet above grade and partial basement, according to public tax records.
First floor –
Second floor –
In fee simple; sold free and clear of liens.
Published annual real estate taxes are $3,322.74, based on a full value assessment of $260,900.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $20,000 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 (wire or cashier’s check). 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 waives the 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. 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!
Sale by Order of the Estate of Edward L. Newland