Email: info@ajbillig.com
6500 Falls Road, Baltimore, MD 21209
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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.
Live Auction Bidders – a $50,000 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 by 12:00 Noon, Monday, September 11, 2023, at the Auctioneer’s office (wire or cashier’s check).
Online Auction Bidders – a $50,000 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 4:30 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 or see the Sample Contract.
Frank G. Lidinsky
Law Office of Frank G. Lidinsky, P.A.
8600 LaSalle Road – Suite 320
Baltimore, Maryland 21286
– Opening Bid: $400,000 –
STEVENSVILLE
“Kent Island Estates”
CHESAPEAKE BAY
WATERFRONT HOME
0.38± Acre ✦ 4-5 Bedrooms ✦ 2 Baths
Sale On Premises
606 BAY DRIVE
Two Blocks East of Romancoke Road
Stevensville, Queen Anne’s County, Maryland 21666
Online Bidding Opens
FRIDAY, SEPTEMBER 1, 2023
Live On-Site Auction
FRIDAY, SEPTEMBER 8, 2023
AT 12:00 NOON
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:
Nestled along the picturesque shores of the Chesapeake Bay, the Kent Island area in Maryland fosters an idyllic blend of natural beauty and modern conveniences. The charming waterfront communities of the Kent Island community, including Stevensville, Romancoke, Chester, Kent Narrows and Grasonville, offer a lifestyle defined by stunning sunsets, bay breezes, and endless opportunities for outdoor recreation. Steeped in history, Kent Island holds the distinction of being the largest island in the Chesapeake Bay and served as a crucial gateway for early settlers to the region. Its rich maritime heritage is celebrated through quaint museums, historic landmarks, and maritime festivals, offering residents a chance to connect with the past.
The allure of Kent Island extends beyond its historical significance, boasting a plethora of contemporary amenities that cater to every need. Quaint boutiques, art galleries, and locally-owned eateries dot the landscape, providing a vibrant tapestry of culture and culinary options. For those seeking outdoor adventures, the island’s marinas, nature trails, and water sports facilities offer endless excitement. Commuting to major metropolitan areas is a breeze, as Kent Island is strategically positioned within easy reach of Annapolis, Washington, D.C. and Baltimore. A convenient drive over the Chesapeake Bay Bridge places you at the heart of these bustling cities, allowing you to relish the tranquility of island life while still enjoying the cosmopolitan offerings of urban centers.
606 Bay Drive is located in the Kent Island Estate subdivision. The neighborhood was originally developed in the late 1940s and early 1950s, with homes having been constructed throughout the past 70+ years, including a handful of new homes being constructed currently. The neighborhood runs on both sides of Romancoke Road, with roughly 10% of the properties fronting on either the western or eastern sides of the Chesapeake Bay. Home styles vary as to size, architectural style and age. Public sewer service was added in the neighborhood in 2020.
For more information about the area, please visit:
Queen Anne’s County, MD – www.qac.org
Top Things To Do Stevensville – www.visitmaryland.org/list/top-things-to-do-stevensville
SITE:
Lot size – 0.382 acre, more or less, according to public tax records
The lot is believed to have approximately 90′ of frontage on the Chesapeake Bay and along Bay Drive. The lot is mostly level with some gentle sloping from the rear (street) to front (water).
There is a boat ramp (needing full rehabilitation) on the site. Wood bulkhead. Rip rap groins. Two wood decks, one at the home and one above the water. No pier or exposed pilings.
Asphalt paved parking area and driveway (3-4 vehicles). In-ground propane tanks.
According to FEMA flood maps, the home is not in a flood hazard zone. The front of the property near the waterfront deck, bulkhead and ramp is stated to be in a Zone AE special flood hazard area with a 10′ elevation.
Water depth near the property is stated to be 2-3′ (MLW), and is believed to be greater. Surrounding properties have piers, boats and boat lifts. Depths increase to 90′ or more in nearby channels.
The property is believed to feature public water and sewer service. Buyers are encouraged to contact Queen Anne’s County Public Works department for bill amounts and ongoing fees. Quarterly billing is believed to be $300.
NOAA Depth Chart – Map Number 12270
IMPROVEMENTS:
Two story frame home – constructed in 1965 and containing 1,560 square feet of living area, according to tax records.
Exterior:
Interior:
First floor –
Second floor –
Crawl Space
Mechanical –
TITLE:
In fee simple; sold free and clear of liens.
TAXES:
Published annual real estate taxes are $5,087.74, based on a full value assessment of $540,100.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – a $50,000 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 by 12:00 Noon, Monday, September 11, 2023, at the Auctioneer’s office (wire or cashier’s check).
Online Auction Bidders – a $50,000 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 4:30 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 8% per annum, from date of contract to date of settlement. All adjustments, including taxes, ground rent and 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. The Property will be sold subject to Queen Anne’s County violation notices, 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. 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!
