BUY IT NOW - $100,000 "Bel Air"

BUY IT NOW – $100,000

RANCH HOME
– 0.46 Acre –

2114 THOMAS RUN ROAD
Off Prospect Mill Rd.
Harford County, MD 21015

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.

LOCATION:
2114 Thomas Run Road is located in the Bel Air area of Harford County. Just over three miles into Main Street, Bel Air, this location offers the serenity of a secluded rural lot while still offering the conveniences of dining and shopping in the city of Bel Air. Nestled between Churchville and Forest Hill, and situated between US Route 1 and I-95, the area provides easy access to employment centers of Baltimore City and surrounding metro areas. Nearby attractions include several local golf courses and Harford Mall. According to Harford County Public Schools website, this location would attend Hickory Elementary School, Southampton Middle School and C. Milton Wright High School, and is located just under three miles to Harford Community College.

SITE:
Mostly rectangular lot: 0.46 acre, more or less

Serviced by private well and private septic

2-3 car concrete driveway

Fenced rear yard

ZONING:
AG – Agricultural

For more information about Harford County Zoning, see the Harford County Zoning Code.

IMPROVEMENT DESCRIPTION:
One story porchfront Rancher – constructed in 1962 and containing 776 square feet of living area according to public tax records.

Exterior
Partial vinyl siding
Asphalt shingle roof
Aluminum down spouts and rain gutters
Fenced-in rear yard

Arranged for living room, kitchen, three bedrooms, and full bath. Home is framed and contains subfloor throughout.

The property is currently vacant and needs full renovation.

TITLE:
In fee simple; sold free and clear of all liens

TAXES:
Current annual real estate taxes are $2,152.97 based on a full value assessment of $184,800 according to public tax records. 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:
http://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx

SUMMARY TERMS OF SALE – PLEASE REFER TO THE CONTRACT FOR THE COMPLETE TERMS OF SALE:
A 10% deposit, payable by certified check or cashier’s check, will be required of the purchaser at time and place of sale. 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!