"Glen Burnie - Ferndale Farms"

GLEN BURNIE
“Ferndale Farms”

0.051 ± ACRE
RESIDENTIAL LOT

Known As:
VISTA AVENUE
Anne Arundel County Tax ID: 020526711667600
Off Welham Avenue
Glen Burnie, Maryland, 21061

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 Vista Avenue lot is located in the Ferndale Farms subdivision of the town of Glen Burnie in Anne Arundel County. Ferndale Farms is comprised of primarily single family detached homes. The lot is located just off of Broadview Boulevard, a major Glen Burnie thoroughfare, that features dining, retail and entertainment options. Other nearby major roadways, I-97 and I-695, can be used for travel throughout the State. Major employers in the area include BWI Thurgood Marshall Airport, the BWI Business District and Amazon. According to the Anne Arundel County Public Schools locator, the area public schools include Hilltop Elementary School, Lindale Middle School and North County High School.

For more information about the area, please visit:
Anne Arundel County, MD – www.aacounty.org
Locate Your School – www.aacps.org

SITE:
Lot size – 0.051 acre, more or less, according to public tax records. Plat

Public well and septic are believed to be available.

Zoning R-5 Residential

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

TAXES:
Published annual real estate taxes are $39.71, based on a full value assessment of $3,800

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: Assessment Appeal Process – dat.maryland.gov

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $3,000 or 10% deposit, whichever is greater, payable by cashier’s check or wire transfer, will be required of the purchaser. 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. 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. A 5% or $1,500 buyer’s premium, whichever is greater, will be added to the final bid price.