Email: info@ajbillig.com
6500 Falls Road, Baltimore, MD 21209
Sold prior to the auction
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Sold Prior To The Auction.
This Auction has been CANCELED.
Sold Prior To The Auction.
Live Auction Bidders – a $35,000 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 (wire or cashier’s check).
Online Auction Bidders – a $35,000 deposit, payable by cashier’s check or wire, will be required of all online bidders prior to the start of the live auction. The deposit will be held in escrow until the completion of the auction and will be retained from the winning bidder. Other bidder deposits will be returned within one business day. Interested parties who do not provide a deposit in advance as stated above will not be permitted to bid. The deposit shall be increased to 10% of the purchase price by cashier’s check or wire transfer by 4:00 P.M. on the day of auction. Deposit Escrow Agreement
No Buyer’s Premium! For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page and see the Sample Contract.
Live Onsite & Simulcast Online Bidding
– Opening Bid: $300,000 –
BEL AIR
3.69± ACRE FARMETTE
3,144+ Sq. Ft Home
5-6 Bedrooms & 3.5 Baths
Zoned R2 – Subdivision Potential
Sale On Premises
39 LAKE DRIVE
Off Emmorton Road
Bel Air, Harford County, Maryland 21014
This Auction has been CANCELED.
Sold Prior To The Auction.
Online Bidding Opens
FRIDAY, DECEMBER 15, 2023
Live Onsite Auction
TUESDAY, DECEMBER 19, 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.
LOCATION:
39 Lake Drive is located in the Bel Air area of Harford County. Nestled between the Evergreen Heights and Barrington Subdivisions, between Emmorton Road (MD-924) and Veterans Memorial Highway (MD-24), the location offers the very rare combination of agrarian seclusion while retaining excellent proximity to major employment centers and area conveniences. The Town of Bel Air, including both the historic Main Street district as well as the Baltimore Pike commercial corridor are only 2 miles north. The Emmorton commercial district, including Festival at Bel Air and surrounding retail and flex strips, are just one mile south. According to the Harford County Public School locator app, nearby schools are Ring Factory Elementary, Patterson Mill Middle and High Schools.
The property has been lovingly maintained as a home and small farm by one family for most of the past 50 years. Evidence of that history can be found throughout the site, including the paddock, field shelter and remaining fencing. A small stream bed lines the eastern boundary of the property. A tunnel beneath Veterans Memorial Highway provided access to the Bel Air Veterinary Hospital, the owner of the property prior to 1975. While development has been steady throughout the area over the time the current owners have resided in the home, it still retains the bucolic feel many people relate to Harford County.
Whether intended as a large home site in a convenient location, pursuit of subdivision or an in-line real estate investment, the auction provides an exceptional opportunity to acquire a unique property in a very well-demanded area.
For more information about the area, please visit:
Harford County, MD – www.harfordcountymd.gov
Town of Bel Air, MD – www.belairmd.org
Harford County Public Schools – www.hcps.org
SITE:
Lot size – 3.69 acre, more or less, according to public tax records. See legal description for complete dimensions.
The property is mostly clear with some mature trees. Tidy landscaping is featured around the home. Additional features include a riding ring, patio with barbeque, field shelter, mixed fencing, one large and one smaller shed.
A portion of the riding ring may be located within an easement provided to the current owners from the State Roads commission. There are currently stakes marking some of the property lines. These were not placed by a surveyor, and should be taken as approximate. See legal description and plat for a more complete description.
The property is served by 2 private wells and septic system.
ZONING:
R2 – Residential
According to the Harford County Zoning website, R1, R2, R3 and R4 “districts are intended to accommodate urban residential needs by providing for a wide range of densities and building types where public water and sewer are available. Conventional Development with Open Space (COS) and Planned Residential Development (PRD) are permitted where open space and environmental features are provided or preserved…R2 zoning permits single family residences on 7,500 – 10,000 square foot lots and may permit townhouses in 4 unit buildings.”
Buyers are strongly encouraged to perform their own due diligence as to subdivision and building requirements.
For more information about Harford County Zoning, please visit:
Planning & Zoning – www.harfordcountymd.gov
IMPROVEMENTS:
Two story traditional home with in-law suite addition. According to tax records, the home was constructed in 1974, with the addition coming later, and contains a total of 3,144 square feet above grade and 2,280 square feet of basement space enclosed in two sections. Further details are as follows:
Exterior
Interior
First Floor:
Second Floor:
Basements & Mechanical
TITLE:
In fee simple; sold free and clear of liens.
TAXES:
Published annual real estate taxes are $3,949.12, based on a full value assessment of $370,767.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – a $35,000 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 (wire or cashier’s check).
Online Auction Bidders – a $35,000 deposit, payable by cashier’s check or wire, will be required of all online bidders prior to the start of the live auction. The deposit will be held in escrow until the completion of the auction and will be retained from the winning bidder. Other bidder deposits will be returned within one business day. Interested parties who do not provide a deposit in advance as stated above will not be permitted to bid. The deposit shall be increased to 10% of the purchase price by cashier’s check or wire transfer by 4:00 P.M. on the day of auction. Deposit Escrow Agreement
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.
No Buyer’s Premium!
Sale Conducted in Collaboration with:
Laura Snyder Home Group of
American Premier Realty
