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Karen Allen Nicolaus, Attorney
1002 Frederick Road – Suite 2
Catonsville, MD 21228
Featuring Live & Simulcast Online Bidding
Large, Two Story
STONE & LOG HOME
3 Bedrooms ◆2 Baths ◆ Indoor Pool
Situated on 23.33± Acres
Sale On Premises
1517 CARSINS RUN ROAD
Harford County, MD 21001
Online Bidding Opens
MONDAY, NOVEMBER 16, 2020
Live Onsite Auction Begins
THURSDAY, NOVEMBER 19, 2020
AT 1:00 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. The auction will be open for online bidding beginning on Monday, November 16. Once the simulcast begins at 1:00 P.M. on Thursday, November 19, both online and in-person bidders will be able to place bids on the property. The simulcast will end approximately 15 minutes after the live auction begins, at which time online bidding will close. If you encounter a problem placing online bids, please refresh the page.
1517 Carsins Run Road is situated west of I-95, south of MD-22, north of MD-543 and east of MD-136 in a scenic area of eastern Harford County. Though rural in location, the home is convenient to I-95, Bel Air and Aberdeen. Nearby public schools are Churchville Elementary, Aberdeen Middle and Aberdeen High, according to the Harford County online school finder.
23.330 acres, fronting approximately 877′ along the north side of Carsins Run Road, by a depth of approximately 2,995′. The site is mostly wooded.
Zoning AG, agricultural
Private well and septic
Asphalt driveway with parking for about eight cars leads to garage
Stone & Log Siding Two Story Home, comprising 3,770 square feet of living area, according to public tax records. The original stone portion is believed to date to 1850. The log section was constructed in 2014.
Two-car attached garage, wood double-hung windows, composition architectural shingle roof, covered concrete front porch
Partial basement is unfinished and has an exterior entrance
Propane gas hot water baseboard heat, central air conditioning, tankless water heater, two 200-amp. electrical panels
The property is in fee simple and sold free and clear of liens. Harford County Deed Book HDC 1019, Page 732.
Published annual real estate taxes are $7,468, based on a full value assessment of $647,200. 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.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $40,000 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 within 24 hours at the Auctioneer’s office. If the high bidder is an online purchaser, 10% of purchase price is due by wire transfer or cashier’s check at the Auctioneer’s office, by 4:30 p.m. on the day of the auction. 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. 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, including agricultural transfer tax, if any, 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% buyer’s premium will be added to the final bid price.
Karen Allen Nicolaus, Guardian of the Property of Eugene David Heiss