"Clarksville"

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RESIDENTIAL LOT
4.0± Acres ✦ Zoned RR-DEO

Known As:
HOPKINS WAY
a/k/a N. HOPKINS WAY
Howard County Parcel 42, Tax Map 41, Grid 10
Howard County Tax ID: 05437237
Off Old Hopkins Road
Howard County, MD 21029

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 parcel is located between Clarksville and Maple Lawn, a short distance from the intersection of Johns Hopkins Road and Pindell School Road. The Johns Hopkins University Applied Physics Lab is to the east, and the Maple Lawn retail area is to the south. Access to US-29 is within approximately 1.5 miles, with MD-32 and I-95 also within close proximity. There are a number of grocery stores, restaurants (including Ananda Restaurant within 1 mile) and other neighborhood conveniences nearby. According to the Howard County Public School locator, nearby schools are Pointers Run Elementary, Lime Kiln Middle and Reservoir High.

The lot is positioned at the end of Hopkins Way, adjoining 7381 Hopkins Way to the south. Nearby homes are of varying size and age, with most being situated on very nicely sized lots of approximately 1 acre or larger. The private lot provides ample acreage for a homesite, privacy afforded by the surrounding wooded tracts and convenient access to major employers, commuter routes and nearby amenities.
For more information about the area, please visit:
https://www.howardcountymd.gov/
https://www.hcpss.org/

SITE:
Lot size: 4.08 acres, more or less

The lot is predominantly wooded. There is a 50′ right of way to Hopkins Way.

Private well and septic will be required. Please see the letter from Advanced Engineering Consultants, PC, obtained by the seller, with respect to the building potential of the lot.

Zoned RR-DEO – Rural Residential, Density Exchange Option Overlay District

For more information about zoning, please visit:
https://www.howardcountymd.gov/Departments/Planning-and-Zoning

TAXES:
Published annual real estate taxes are $3,152.03, based on a full value assessment of $228,100. 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

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

SUMMARY TERMS OF SALE:
Please refer to the contract of sale for complete terms and conditions. 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. 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.

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