Karen Allen Nicolaus, Attorney
1002 Frederick Avenue – Suite 2
Catonsville, MD 21228
Featuring Live & Online Simulcast Bidding
– $250,000 Opening Bid –
Near Winters Run Golf Course
4 Bedroom ◆ 5 Bath
FRENCH PROVINCIAL HOME
On 1.01± Acre Lot ◆ 2-Car Attached Garage
Sale On Premises
1126 JADE DRIVE
One Block North of Tollgate Road
Harford County, MD 21014
Online Bidding Opens
MONDAY, MARCH 29, 2021
Live Auction Begins
FRIDAY, APRIL 2, 2021
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.
1126 Jade Drive is located in the Watervale neighborhood, just west of Downtown Bel Air and Route 1. The neighborhood is comprised of custom homes on large lots. Nearby public schools are Red Pump Elementary, Fallston Middle and Fallston High, according to the Harford County Public Schools website. The neighborhood is surrounded by beautiful woodlands and rolling hills. The Ma and Pa Recreational Trail, Tollgate Park, Harford County Farm Fair, and Winters Run Golf Course are within one-half mile. Shopping, dining, health care and automotive services are nearby. The neighborhood is about six miles north of I-95 Exit 77 (Route 24).
Corner lot fronts 205′ on Jade Drive by 190′ along Emerald Drive and comprises 1.01 acres of land. The site slopes upward from front to rear providing an elevated site for the stately home.
Zoning R1, residential
Private well and septic
Landscaped lot with enclosed brick courtyard and rear brick patio
Four-car concrete driveway leads to garage
Two Story Brick French Provincial-style Home, built in 1980, containing 3,510 square feet of living area and 1,923 square feet of basement space, according to public tax records.
Brick facade, built-up roof, casement windows, concrete block foundation, two-car attached garage
Front and rear interior stairways. Front has stair lift.
Propane hot water heat, Carrier central air conditioning, 200 amp. electrical service, intercom, security alarm, central vacuum cleaner system
The home needs updating and decorating.
The property is in fee simple and sold free and clear of liens. Harford County Deed Book HDC 1092, Page 815.
Published annual real estate taxes are $5,671, based on a full value assessment of $502,067. 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 $25,000 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 by 11:00 A.M. on Monday, April 5 at the Auctioneer’s office. Online bidders must post a 10% deposit by wire transfer or cashier’s check by 4:30 p.m. on the day of 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. 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.
Auction by order of the Guardians of the Property of Joseph Beran, Sr.