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ONLINE REAL ESTATE AUCTION
ON 6+/- ACRES
~With Detached Guest Home~
5685 BUMPY OAK ROAD
Off Livingston Road
La Plata, Charles County, MD 20646
FRIDAY, JULY 10, 2020
MONDAY, JULY 13, 2020 AT 12:00 P.M.
– Suggested Opening Bid: $100,000 –
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.
The property is located in the rural town of La Plata in southern Maryland. Within close proximity to the home is Route 210, Indian Head Highway, a north/south thoroughfare, that connects to major highways and surrounding towns. Washington, DC is within 45 minutes, Alexandria, VA is within 35 minutes, National Harbor, Fort Washington and Waldorf are within 25 minutes and La Plata within 15 minutes. Inside the town of La Plata are many restaurants, shops and other entertainment options. Additionally, La Plata serves as the seat of the Charles County government and hosts the Charles County District Court, Treasurer’s Office and the Charles County Department of Social Services, all major employers in the area. According to the Charles County Public Schools locator, the public schools in the area include Gale Bailey Elementary School, Smallwood Middle School and North Point High School.
Lot – 6-acres, more or less
Well and septic are believed to be on the property.
Zoned WCD, Watershed Conservation District
Two story farm house, constructed in 1890, containing 2,316 square feet of living area. The home is arranged for living room, dining room, bedroom, bathroom and kitchen on first floor; two bedrooms and half bathroom, on second floor; no basement. One story guest house on property.
The property is known as Jameson House (Dent’s Levels), known as CH – 70, on the Maryland Inventory of Historic Properties. According to the description found in that record from 2003, the property is described as follows:
“Dent’s Levels is an attractive two-story farmhouse with one-story side additions. The original two-story hall and parlor plan salt box house was probably constructed in the late eighteenth or early nineteenth century. Additions to the house include a two-story circa 1820 section, a one story circa 1850 section and one-story circa 1870 section. Although the interior was not accessible due to the objections of the owner, there have been minimal alterations to the exterior of the house and its appears eligible for the National Register under Criteria C for its architectural significance as an early vernacular house in Charles County. Although inconclusive, research done by the preparer of the original inventory form, J. Richard Rivoire, and information from the daughter of a former owner, Louise Highby, indicates that the property may also be eligible for the National Register under Criteria A for its association with the early settlement of Charles County and/or B for its association with the Dent Family.”
For more historical information about the home including the Maryland Historical Inventory Sites’ Architectural Survey File see: CH-70 Jameson House, (Dent’s Levels)
Home needs full renovation.
In fee simple; sold free and clear of liens.
Published annual real estate taxes are $3,079.33, based on a full value assessment of $186,100. 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: Assessment Appeal Process.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $10,000 deposit, or ten percent (10%) of the Purchase Price (whichever is greater), in cash or cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer, within 24 hours of Monday, July 13, 2020 at 12:00 Noon (the bid closing). 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.