"Ellicott City"

REAL ESTATE AUCTION

c. 1867
FARM HOUSE
3± Acres ◆ Barn ◆ Stream

Sale On Premises
11800 TRIADELPHIA ROAD
Near Frederick Road
Howard County, MD 21042

WEDNESDAY, NOVEMBER 7, 2018
AT 2:00 P.M.

– Suggested Starting Bid: $250,000 –

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.

LOCATION:
11800 Triadelphia Road is located at the western edge of the Ellicott City area of Howard County, near West Friendship and Turf Valley. The property sits a short distance south of Frederick Road, near the I-70 and US-40 merge. MD-32 is about two miles west. The area is convenient to both downtown Columbia and downtown Ellicott City. Frederick, Baltimore and Washington, DC are also easily accessible. Groceries, shopping and dining are available at the Turf Valley Towne Square, just over 2 miles northeast. Surrounding properties are a mix of traditional home sites, farmettes and woods. According to Howard County’s My Neighborhood GIS, nearby schools are West Friendship Elementary, Mount View Middle and Marriotts Ridge High

SITE:
Lot size: 3 acres, more or less, according to public tax records

Mostly level and clear, with a wooded section and stream at the rear of the lot

Out building that could be used for a barn, stable or garage

Gazebo, brick retaining walls & planter beds

The property is serviced by private well and septic

Zoning – RR-DEO – Rural Residential, Density Exchange Option
For more information, see Howard County Planing and Zoning

IMPROVEMENTS:
Two story traditional farm house – the home was constructed in 1867, contains 2,083 square feet of living area and 1,222 square feet of basement space. The home features many architectural details, multiple fireplaces, hardwood floors and a traditional floor plan. The home is arranged for a dining room, parlor, kitchen with fireplace, living room with fireplace, and powder room on the first floor; large hallway with sitting area, 3 bedrooms, and bath on the second floor; unfinished basement.

TITLE:
The property is in fee simple; and sold free and clear of liens.

TAXES:
Published annual real estate taxes are $5,178.70 based on a full value assessment of $370,100. 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:
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 $25,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office. 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!