Buy It Now: $115,000 - "Southern Maryland"

Buy It Now: $115,000

Louis J. Weinkam, Jr., Attorney
1002 Frederick Road
Catonsville, MD 21228

– SOUTHERN MARYLAND –

22± ACRE
RESIDENTIAL PARCEL

Known As
HARVARD LANE
St. Mary’s County Tax ID: 1908060622
Corner of Willows Road
Lexington Park (Park Hall)
St. Mary’s County, MD 20653

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:
The property is located in the Lexington Park area of St. Mary’s County in Southern Maryland, a short distance northwest of Park Hall. The Lexington Park town center is approximately two miles to the north, and the Naval Air Station Patuxent River is slightly further north. The property sits at the corner of Harvard Lane (a driveway/paper street) and Willows Road, opposite the Bay Montessori School and a short distance north of Point Lookout Road. The general area has a mix of agricultural and maritime flavors. Proximity to the Chesapeake Bay, St. Mary’s, Patuxent and Potomac Rivers has characterized the development of the area historically and currently. Some of the most historic sites in Maryland are in close proximity, as well as some of the most modern technological development facilities. The immediate area is a mix of farms, wooded tracts, single family home sites, subdivisions and educational facilities. According to the St. Mary’s County Public Schools Website, nearby schools are Park Hall Elementary, Spring Ridge Middle and Great Mills High.

SITE:
The property comprises 21.97 acres, according to plat and tax records. The lot fronts approximately 378′ on Willows Road. The rear of the lot binds along the Pembrooke subdivision. The lot is wooded. Moderately sloping downward from west to east on the front half of the lot, and downward from north to south on the back half of the lot.

St. Mary’s County Tax ID: 1908060622

Lot 500-3A on the Plat of Hunting Neck Woods, Lot 3, Resubdivision recorded at St. Mary’s County Plat Book 33, page 123.

For more information, see: https://stmarysmd.maps.arcgis.com/apps/webappviewer/index.html

No well or septic system is believed to be on the property

Located within a W-3D, anticipated public water service area, and S-3D anticipated public sewer service area. Please see St. Mary’s County Department of Public Works and Transportation for more information about public water and sewer:
http://www.co.saint-marys.md.us/dpw/

ZONING:
Current zoning is RL-T, Residential, Low-Density – Transitional District
Proposed zoning is RL, Residential, Low Density District

Please see the St. Mary’s County Department of Land Use and Growth Management for more information about updates to the comprehensive plan, zoning regulations and building guidelines: https://www.stmarysmd.com/lugm/

TITLE:
The property is in fee simple; sold free and clear of liens. Saint Mary’s County Deed Liber 3008, folio 344, rerecorded at liber 3025, folio 421.

TAXES:
Published annual real estate taxes are $2,166.44 based on a full value assessment of $205,000. 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 of sale for complete terms and conditions. A 10% deposit, payable by 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, 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, including agricultural transfer tax, if any, 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.