"Annapolis"

– Starting Bid: $25,000 –

ANNAPOLIS

0.137 ± ACRE
UNIMPROVED LOT
– Sold as an Entirety –

Known As:
916 SMITHVILLE STREET &
36 JOHNSON PLACE
Near Spa Road
Annapolis, Maryland, 21401

BIDDING OPENS:
MONDAY, JULY 24, 2023

BIDDING CLOSES:
TUESDAY, JULY 25, 2023 AT 12:30 P.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:
916 Smithville Street and 36 Johnson Place are located in Annapolis, Maryland’s capital city. The lots are near the intersection of Spa Road and West Street, giving residents access to major commercial and residential arteries for both commuting and entertainment. There are several restaurants, retail shops, gyms and other shops located on West Street. Spa Road provides easy access to the surrounding community and water ways. As a waterfront city, the Annapolis area has a variety of waterfront restaurants, a fabulous harbor area and various marinas/wharfs for waterfront entertainment. For commuters, the site is proximate to both RT-50 and RT-2. Major employers in the area include several government offices, The US Naval Academy and the various shops at the Annapolis Mall. According to the Anne Arundel County public schools locator, the area public schools include Annapolis Elementary School, Bates Middle School and Annapolis High School.

For more information about the area, please visit:
Visit Annapolis, MD – www.visitannapolis.org
10 Things to do in Annapolis – www.visitmaryland.org
Locate Your School – www.aacps.org

SITE:
916 Smithville Street:
0.052 Acres ± or 2,254 square feet, more or less
Approximately 24′ of road frontage

36 Johnson Place:
0.085 Acres ± or 3,700 square feet, more or less
Approximately 70′ of road frontage

Public utilities are believed to be available for both lots.

Plat

SDAT Maps

ZONING:
According to the Anne Arundel County GIS, both properties are part of an R4-R and B3-CD zoning district within the city of Annapolis zoning code.

R4-R is general residence neighborhood revitalization.
B3-CD is general commercial corridor design.

More information about the zoning can be found within the code of ordinances for Annapolis using the link below:
Annapolis Zoning Code – library.municode.com

TITLE:
916 Smithville Street:
In fee simple; and sold free and clear of liens. Anne Arundel County Liber SAP 33518, Folio 35.

36 Johnson Place:
In fee simple; and sold free and clear of liens. Anne Arundel County Liber SAP 32789, Folio 420.

TAXES:
916 Smithville Street:
Published annual real estate taxes are $1,949.11, based on a full value assessment of $138,833.

36 Johnson Place:
Published annual real estate taxes are $1,949.11, based on a full value assessment of $138,833.

Purchasers may petition for a reduction in the assessment of their property in conjunction with a purchase price substantially less than the currently assessed value of the property. Purchasers are encouraged to contact the Maryland State Department of Assessments & Taxation concerning the appeals process, and may see the following link for helpful information:
Assessment Appeal Process – dat.maryland.gov

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $15,000 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.

No buyer’s premium