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A 10% deposit, payable by wire transfer or cashier’s check, will be required of the purchaser by 3:00 p.m. on the day of auction at the Auctioneer’s office (wire transfer instructions will be provided). 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% buyer’s premium 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.
$50,000 Opening Bid
3.88± ACRE RESIDENTIAL
Zoned R5 ◆ Public Utilities
Tax Map 10, Parcel 592
Situated at the End of
Off Thompson Avenue
Anne Arundel County, MD 21060
Online Bidding Opens
MONDAY, APRIL 10, 2023
Online Bidding Closes
WEDNESDAY, APRIL 12, 2023
AT 11:00 A.M.
NOTE: The information contained herein has been obtained from sources deemed reliable and believed to be accurate. However, no express or implied warranty is made as to the accuracy of these representations. Prospective purchasers are encouraged to consult with the appropriate government authorities regarding the permitted uses of the property and perform their own due diligence in advance of the auction. All dimensions, square footage and acreage contained herein are more or less.
Well situated unimproved parcel located in the eastern Glen Burnie – Marley Creek area of northern Anne Arundel County. The property is immediately west of the Arundel Expressway (MD-10) and north of Mountain Road (MD-177). From the Baltimore Beltway (I-695) or MD-100 follow MD-10 to Furnace Branch Road (MD-270) east to N. Thompson Avenue west/south to Anon Lane. Turn right on Anon Lane to property at end of road on left side.
The parcel is located adjacent to the Anon Gardens subdivision of homes, constructed in 2003-2005 and immediately east of the well established Glen Gardens subdivision. According to Bright MLS, recent neighborhood sales during the last six months ranged from $275,000 to $400,000 and above. Shopping is nearby along Ritchie Highway (MD-2). Due to excellent highway linkage, the neighborhood is convenient to employment centers in Baltimore, Washington and Annapolis. According to the Anne Arundel County school locator website, nearby public schools are Glendale Elementary, Marley Middle and Glen Burnie High.
3.88 acres – wooded and rolling. A portion of the property may be located in a flood plain. The property is identified as Parcel 592 on Anne Arundel County Tax Map 10, Grid 7.
Public water, sanitary sewer, electricity, telephone and cable are in Anon Lane and are believed, but not warranted, to be available.
R5, Residential District is generally intended for low-medium density single-family detached residential development at an urban density of 5 dwelling units per acre. Minimum lot size is 7,000 square feet. Maximum lot coverage by structures is 40%. Maximum height is 35 feet.
For additional information:
Zoning Classifications Guide – www.aacounty.org
The property is in fee simple and sold free and clear of liens. Anne Arundel County Deed Book 7966, Page 537, saving and excepting therefrom that portion of the property previously developed as Anon Gardens.
Published annual real estate taxes are $381.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A 10% deposit, payable by wire transfer or cashier’s check, will be required of the purchaser by 3:00 p.m. on the day of auction at the Auctioneer’s office (wire transfer instructions will be provided). 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, ground rent, 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 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. Purchaser assumes the risk of loss or damage to the property 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% buyer’s premium will be added to the final bid price.