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REAL ESTATE AUCTION
ON 0.46± ACRE
– Raze or Full Rehabilitation –
Sale On Premises
2114 THOMAS RUN ROAD
Off Prospect Mill Rd.
Bel Air, Harford County, MD 21015
WEDNESDAY, NOVEMBER 3, 2021
AT 11:00 A.M.
– Suggested Opening Bid: $35,000 –
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.
2114 Thomas Run Road is located in the Bel Air area of Harford County. The property sits a short distance north of Prospect Mill Road, between N. Fountain Green Road and E. Churchville Road. The heart of the Town of Bel Air is approximately 4 miles south, and Harford Community College is about 3 miles east. Prospect Mill Park and Sandy Ridge Park are both in close proximity. The rural feeling area features a number of large farms and wooded tracts clustered together with subdivisions and suburban conveniences. According to the Harford County Public Schools website, nearby schools are Hickory Elementary, Southampton Middle and C. Milton Wright High.
For more information about the area, please visit:
Harford County Government – www.harfordcountymd.gov
Town of Bel Air, MD – www.belairmd.org
Harford County Public Schools – www.hcps.org
Rectangular lot containing 0.459 acre, more or less. The lot fronts 100′ on Thomas Run Road, with depths of 181.85′.
Serviced by private well and private septic
2-3 car concrete driveway
Fenced rear yard
AG – Agricultural
For more information about Harford County Zoning, please visit:
Planning & Zoning – www.harfordcountymd.gov
One story traditional home – constructed in 1962 and containing 776 square feet of living area according to public tax records. The property has been gutted to the studs, and requires full rehabilitation or new construction.
In fee simple; sold free and clear of all liens
Current annual real estate taxes are $1,965.91 based on a full value assessment of $167,200
SUMMARY TERMS OF SALE – PLEASE REFER TO THE CONTRACT FOR THE COMPLETE TERMS OF SALE:
A $5,000 deposit, payable by certified check or 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. 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. 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 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!