"Chevy Chase - Martin's Addition"

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“Martin’s Addition”

c. 1930
CALIFORNIA STYLE BUNGALOW
– On 0.21± Acre Corner Lot –

7200 DELFIELD STREET
Montgomery County, MD 20815

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:
7200 Delfield Street is located in the Village of Martin’s Additions in the Chevy Chase area of Montgomery County. The property is less than one mile from the Washington, D.C. line, and slightly more than one mile from Rock Creek Park and Meadowbrook Local Park. The Brookville Market, Brookville Pharmacy, Olympia Café and La Ferme Restaurant are all within approximately 200 yards. The location offers exceptional proximity to major employment and retail centers while retaining the village feel of a community developed 100 years ago. The Bethesda and Friendship Heights Metro Stations (Red Line) are both approximately 2 miles away. According to the Montgomery County Public Schools School Assignment Tool, nearby schools are Rosemary Hills Elementary, Chevy Chase Elementary, Silver Creek Middle and Bethesda-Chevy Chase High.

For more information about the area, please visit:
https://www.martinsadditions.org/
https://www.montgomerycountymd.gov/
https://www.montgomeryschoolsmd.org/

SITE:
Lot size: 9,177 square feet, or 0.21 acre, according to public tax records

The lot fronts approximately 64′ along Delfield Street, and 135′ along Taylor Street

Fenced yard with mature landscaping, providing serene, private outdoor spaces

Parking pad with curb cut on Taylor Avenue

Zoning R60, residential

All public utilities

IMPROVEMENTS:
Stucco bungalow – constructed in 1930, containing 2,016 square feet of living area and 1,344 square feet of mostly finished basement space, according to public tax records. The home features an array of architectural details, wood floors, wood burning fireplace, first floor bedroom, kitchen with table space, arched windows and more. The home is arranged for a total of 3 bedrooms, including a large master suite on the second floor, and 3.5 baths.

TITLE:
The property is in fee simple and sold free and clear of liens. Montgomery County Deed Book 57441, Page 500.

TAXES:
Published annual real estate taxes are $9,459.29, based on a full value assessment of $840,700. 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:
https://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
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 8% 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.