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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 and see the Sample Contract.
Louis J. Weinkam, Jr., Esquire
1002 Frederick Road
Catonsville, MD 21228
– Suggested Opening Bid: $150,000 –
3 Bedrooms ✦ 1.5 Baths ✦ Needs Renovation
Sale On Premises
522 FOUNTAIN DRIVE
Linthicum Heights, Anne Arundel County, MD 21090
TUESDAY, MARCH 7, 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.
522 Fountain Drive is located in the Linthicum Heights area of northern Anne Arundel County. The property is within the Glass Hill Manor subdivision, a small subdivision developed in the late 1950’s and early 1960’s, and comprises 22 homes. Surrounding subdivisions include Crestwood, Michaelton Manor and John E. Stoll. The location is exceedingly convenient, with proximate access to the Baltimore Beltway (I-695), Baltimore Washington Parkway (MD-295), I-895 and a number of other major commuter routes. The BWI commercial corridor, home to a significant number of major employers, is located immediately southwest of the neighborhood. Retail shopping, dining and neighborhood services are plentiful in the immediate area. According to the Anne Arundel County Public School locator app, nearby schools are Linthicum Elementary, Lindale Middle and North County High.
For more information about the area, please visit:
Anne Arundel County – www.aacounty.org
Anne Arundel County Public Schools – www.aacps.org
Lot size – 0.217 acre, more or less. Plat
The lot is irregularly shaped, and fronts a little over 38′ on Fountain Drive.
The lot features an asphalt driveway with parking for 2+ vehicles, mature trees and landscaping.
All public utilities.
Zoned R-5 Residential
Ranch home – constructed in 1960, containing 1,009 square feet of living area above grade and 1,009 square feet of mostly finished basement space with walk-out at grade in the rear. The property features a brick and siding facade, wood floors and updated HVAC (2019).
First floor –
Subject to an annual $150 ground rent (unregistered); sold free and clear of liens.
Published annual real estate taxes are $3,116.94, based on a full value assessment of $257,100.
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 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 Earl C. Klemm