Louis B. Price, Attorney
Brocato & Price, LLC
309 Allegheny Avenue, Towson, MD 21204
– $150,000 Opening Bid –
BRICK & SIDING RANCHER
3 Bedrooms ◆ 2.5 Baths ◆ Garage
– Needs Renovation –
3101 ELLICOTT ROAD
Prince George’s County, MD 20705
Online Bidding Opens
FRIDAY, MAY 14, 2021
Online Bidding Closes
TUESDAY, MAY 18, 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.
3101 Ellicott Road is conveniently located off I-95 Exit 29 – MD 212. The surrounding area is comprised of single family homes, apartments and commercial land uses. Neighborhood shopping is within walking distance. Access to employment centers is excellent via major highway, bus or Metro. Nearby public schools are Calverton Elementary, Martin Luther King, Jr. Middle and High Point High, according to the Prince George’s County online school finder.
76′ x 141′ landscaped lot, comprising 0.271 acre. The lot is graded to allow for a basement walkout and patio. Plat
Zoning R80, single family
Public water and sewer
Concrete three-car driveway leads to one-car garage
Brick and wood siding ranch home with attached one-car garage, was built in 1963, contains 1,250 square feet of first floor living area, 1,250 square feet of basement space and 300 square feet of garage area, according to public tax records.
Exterior– composition shingle roof with aluminum rainspouts, wooden double-hung windows with storm sash, concrete block basement foundation, attached garage has electric opener
Mechanical – gas forced air heat and central air conditioning, 60-ampere electrical service, gas water heater.
NOTE – The home had a broken pipe and sustained damage to the basement rooms, including water penetration and mold. The water has been turned off. Updates are needed throughout the home and a clean out is required.
The property is in fee simple and sold free and clear of liens. Prince George’s County Deed Book NLP 6543, Page 903.
Published annual real estate taxes are $4,446, based on a full value assessment of $303,433.
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 10% deposit, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:30 p.m. on the day of the 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. 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.
Estate of Shellee Helene Degangi