ONLINE REAL ESTATE AUCTION
ON 0.51 ± ACRE
Suitable to Raze or Rehabilitate
6658 FENWICK ROAD
Off Marshall Hall Road
Bryans Road, Charles County, MD 20616
FRIDAY, JULY 9, 2021
WEDNESDAY, JULY 14, 2021 AT 11:30 A.M.
– Opening Bid: $30,000 –
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.
The property is located in the rural town of Bryans Road in southern Maryland. Within close proximity to the home is Route 210, Indian Head Highway, a north/south thoroughfare, that connects to major highways and surrounding towns. Washington, DC is within 45 minutes, Alexandria, VA is within 30 minutes, National Harbor, Fort Washington, Waldorf and La Plata are within 25 minutes. Inside the town of Bryans Road are various restaurants, grocery stores, banks and entertainment venues. Major employers in the area include the Charles County government buildings in La Plata and the Indian Head Naval Surface Warfare Center. According to the Charles County Public Schools locator, public schools in the area include J C Parks Elementary, Matthew Henson Middle School and North Point High School.
For more information about the area, please visit:
Charles County Government – www.charlescountymd.gov
Charles County Public Schools – www.ccboe.com
Lot – 0.51 acre, more or less. Plat
Well and septic are believed to be on the property, condition unknown
Zoned RC – Rural Conservation
This zone maintains low-density residential development, preserves the rural environment and natural features and established character of the area. It also maintains existing agricultural and aquacultural activities and the land base necessary to support these activities.
Frame home, constructed in 1961, containing 1,323 square feet of living area, with no basement, and garage, according to public tax records. The home will need to be razed or fully rehabilitated.
In fee simple; sold free and clear of liens.
Published annual real estate taxes are $1,917, based on a full value assessment of $152,500.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $3,000 deposit, or ten percent (10%) of the Purchase Price (whichever is greater), in a cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer, by Wednesday, July 14, 2021 by 4:30 P.M. 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.