"Fort Washington - Friendly Hills"

REAL ESTATE AUCTION

“Friendly Hills”

ONE STORY
HOME
– On 0.32 Acre, More or Less –

Sale On Premises
1112 BROADVIEW ROAD
Off Old Fort Road
Prince George’s County, MD 20744

FRIDAY, JANUARY 24, 2020
AT 11:00 AM

– Suggested Starting Bid: $50,000 –

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:
1112 Broadview Road is located in the Friendly Hills neighborhood in south Prince George’s County. Surrounding neighborhoods include Hunters Mill and Friendly. The home features convenient access to Indian Head Highway, a major north/south thoroughfare of the region. Within close proximity of the home there are grocery stores, restaurants, retail shops and a driving range for residents to enjoy. Major employers in the area include the shops at National Harbor and the Tanger Outlets at National Harbor. According to the Prince George’s County school finder, nearby schools include Rose Valley Elementary School, Isaac J Gourdine Middle School and Friendly High School.

SITE:
Lot – 0.322 acre, more or less

Zoned RR, residential rural

All public utilities

IMPROVEMENTS:
One story home – according to public tax records, the house was constructed in 1953 and contains 770 square feet of living area and 575 square feet of basement space.

EXTERIOR:

• Asphalt shingle roof
• Brick and concrete exterior
• Vinyl replacement windows
• Large rear yard with storage shed

INTERIOR:

First floor:

• Living room – subfloor
• Kitchen – laminate floor
• Dining room – laminate floor
• Bedroom – wood floor
• Bathroom – ceramic tile

Basement:

• Unfinished with rear access
• Utility sink

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

TAXES:
Published annual real estate taxes are $1,836, based on a full value assessment of $175,600. According to Prince George’s County Tax Inquiry other additional charges may include park & planning fees, storm water fees, transit fees, town levy fees, and other municipal charges. Full Property Tax Bill

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 $5,000 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 by 11:00 A.M. Monday, January 27, 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!