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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 and see the Sample Contract.
ABSOLUTE AUCTION TO THE
HIGHEST BIDDER ABOVE $10,000
0.50 ± ACRE
– Zoned Residential-
8316 LARK BROWN ROAD
Howard County Tax ID: 1406401996
Off Waterloo Road
Columbia, Howard County, Maryland 21045
MONDAY, APRIL 17, 2023
WEDNESDAY, APRIL 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.
8316 Lark Brown Road is located near the Painter’s Hill subdivision of Columbia in Howard County, Maryland. Columbia is one of the country’s oldest planned communities – with James Rouse, Columbia’s primary developer, being a pioneer for what is known as modern day “urban planning.” Daily life in Columbia was designed to revolve around its self-contained villages, each boasting shopping centers, recreation, walking/biking paths, schools and religious centers. The forethought into Columbia’s development has proven successful with the city having been named in the top 10 of Money magazine’s “100 Best Places to Live.” The lot on Lark Brown Road is well located near the intersection of Waterloo Road and Rouse Parkway. Grocery stores, restaurants, cafes, banks, retail and entertainment options are in abundance. Commuters are close to I-95, MD-295, MD-32 and MD-29. Columbia provides a central location to employment in both Washington DC and Baltimore. According to the Howard County Public Schools locator, the area public schools are Deep Run Elementary School. Mayfield Woods Middle School and Long Reach High School.
For more information about the area, please visit:
Howard County – www.howardcountymd.gov
Things to Do in Columbia, MD – www.visithowardcounty.com
Columbia, Maryland is the 6th Best Place to Live – money.com
Lot size – 0.5 acre, more or less, according to public tax records. Approximate lot size: 49′ x 390′ x 56′ x 488′
Public well and septic are believed to be available for hook up
The lot is believed to be wooded
Zoning R-12 Residential
In fee simple; and sold free and clear of liens.
Published annual real estate taxes are $71.95, based on a full value assessment of $5,100.
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. The Property will be sold subject to Howard County violation notices, 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.