"Ellicott City"

REAL ESTATE AUCTION

GUARDIAN’S SALE

COLONIAL HOME
0.69± Acre ✦ 4 Bedrooms & 2.5 Baths ✦ Garage

Sale On Premises
8767 AUTUMN HILL DRIVE
Off Old Columbia Pike
Howard County, MD 21043

THURSDAY, DECEMBER 19, 2019
AT 1:00 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:
8767 Autumn Hill Drive is located in the Ellicott City area of Howard County. Surrounding subdivisions include Autumn Hill, Autumn Manor, Stonecrest and Brittany Manor. The Old Ellicott City center is approximately 1.5 miles northeast of the property, and provides an array of annual events, shopping, dining and other services. Ramps to US-29 and MD-100 are within one mile, providing exceptional access to Interstates I-70, I-95 and I-97, and major employment centers throughout the area. In addition to Old Ellicott City, there are ample shopping and dining options in close proximity, including along nearby St. John’s Lane. Recreational options are also close-by, including a number of State and local parks, golf courses and playgrounds. Nearby homes are comprised predominantly of single family homes on well-sized lots. According to the Howard County Public School locator application, nearby schools are Veterans Elementary, Ellicott Mills Middle and Centennial High.

For more information about the area, please visit:
https://www.howardcountymd.gov/
https://www.hcpss.org/
https://visitoldellicottcity.com/

SITE:
Lot size: 0.69 acre, more or less, according to public tax records

In-ground pool

Screened porch

All public utilities

IMPROVEMENTS:
Two story colonial home with attached garage – constructed in 1985, contains 1,728 square feet of living area above grade and 864 square feet of basement space. The one owner home features vinyl-clad windows, upgraded 200 amp. electrical service, open living room and kitchen floor plan, and good outdoor entertaining space.

Exterior
Brick facade and vinyl siding
Vinyl-clad windows
Asphalt shingle roof
Aluminum downspouts and rain gutters
One car attached garage

Interior
First floor:

• Entry foyer – laminate floor
• Dining room – carpet
• Family room – carpet
• Living room – laminate floor, wood burning fireplace
• Kitchen – laminate floor, Corian counter top, original cabinets, walk-out to rear porch and yard
• Laundry area
• Powder room

Second floor:

• Master bedroom with en-suite bath – walk-in closet in bedroom
• Bedroom
• Bedroom
• Bedroom
• Full hall bath

Basement/Mechanical

• Unfinished basement with storage areas
• Electric heat pump
• CAC
• 50 gallon electric water heater
• Sump pump

Note: Needs some updating and cosmetic repairs.

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:
https://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 $20,000 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 (whether from buyer directly, lender or other legal venue), which shall take place on February 7, 2020, or earlier if agreed to in writing by the parties. 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 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!