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A $3,000 or 10% deposit, whichever is greater, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:00 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 $1,500 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.
Starting Bid: $20,000
1.59± Acres – Zoned R-5 & OS
– Fronting on Stoney Creek –
817 202nd STREET
Anne Arundel County Tax ID:
Pasadena, Anne Arundel County, MD 21122
Online Bidding Opens
TUESDAY, JANUARY 17, 2023
Online Bidding Closes
THURSDAY, JANUARY 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.
The property is located in the Green Haven community in the Pasadena area of northern Anne Arundel County. Green Haven is a large community, with a couple of thousand homes spread mostly between Mountain Road (MD-177) and Stoney Creek. The neighborhood was originally developed in the 1920’s, with homes constructed in the neighborhood consistently since that time. Mountain Road, Solley Road and Raynor Boulevard each provide options for and access to shopping, dining and entertainment. The Green Haven Wharf, located at the end of Outing Avenue, provides water access to Stoney Creek and the surrounding coves. According to the Anne Arundel County school locator map, nearby schools are High Point Elementary School, Northeast Middle School and Northeast High School.
Lot size – 1.599 acres, more or less, according to public records.
The lot is wooded. The northeast portion of the property fronts along Stoney Creek, with tributaries thereof (Joy Harbor and Glen Lake) running along the east side of the property.
A portion of the property is believed to be in a “Zone AE” regulatory floodway designation on FEMA flood maps.
R-5 residential & OS – open space
Most of the property is zoned R-5. A portion along the streamline on the east side of the property is zoned OS – open space.
For more information, please visit:
Planning and Zoning – www.aacounty.org
In fee simple; sold free and clear of liens.
Published annual real estate taxes are $1,994.91, based on a full value assessment of $190,900.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $3,000 or 10% deposit, whichever is greater, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:00 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. 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. A 5% or $1,500 buyer’s premium, whichever is greater, will be added to the final bid price. Purchaser to use Progressive Title (1460 Ritchie Hwy., Suite 212, Arnold, MD 21012; 410-974-0670) for closing.