Click 'AJ' icon to access map directions.
BUNGALOW
6416 OAK STREET
Near Ritchie Highway
Glen Burnie, Anne Arundel County, MD 21060
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.
6416 Oak Street is located in Glen Burnie, a Baltimore City suburb, in northern Anne Arundel County. The home is situated on a rectangular lot with close proximity to many major roadways. Commuters can take advantage of the easy access to I-695 and Ritchie Highway all within one mile. Residents of the area can enjoy the convenience of the dining, retail and entertainment options available on Ritchie Highway. Grocery stores, coffee shops and banks are all located within 1.5 miles. Major employers in the area include the Maryland Motor Vehicle Administration, Canada Dry Distribution and Ferguson Plumbing Supply.
Lot size – 54′ x 200′, more or less
Zoned Residential
All public utilities
One and one half story bungalow situated on 0.25 +/- acre. According to public tax records the home is believed to be constructed in 1925 and contains 1,235 square feet of living area. Needs full renovation.
In fee simple; sold free and clear of liens.
Published annual real estate taxes are $1,463, based on a full value assessment of $152,600. 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
– PLEASE REFER TO THE CONTRACT FOR THE COMPLETE TERMS OF SALE:
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 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 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!