Call: 410-296-8440
Email: info@ajbillig.com
6500 Falls Road, Baltimore, MD 21209

"Lanham - Seabrook Acres"

Ranch Home
9401 Sheridan Street
Lanham, MD
20706
Prince George's County
Show on Map
SOLD $288,750
October 19, 2022 AT 11:00AM

Showing and Inspection

The property will be open 1 hour prior to the live onsite auction and is also available to view per the following instructions:

For Agents: please schedule online via ShowingTime.

For Individuals:
Request Access to Property
Once the completed form has been received, you will receive inspection instructions via email. Inspection requests are normally answered Mon.-Fri. 9 am – 4 pm.

Terms Of Sale

Live Auction Bidders – a $25,000 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.
Online Auction Bidders – a 10% deposit, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:30 P.M. on the day of auction, at the Auctioneer’s office. When you register for an online auction, a “ping” will be placed on your credit card and immediately voided, you will not be charged the deposit amount.
A 5% buyer’s premium will be added to the final bid price. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page and see the
Sample Contract.

 REAL ESTATE AUCTION 

Featuring Live & Online Simulcast Bidding
– $200,000 Opening Bid –

LANHAM
– Seabrook Acres –

RANCH HOME
1,304± Sq. Ft. – 3 Bedrooms -1 Bath

Known As
9401 SHERIDAN STREET
Off Lanham Severn Road
Lanham, Prince George’s County, MD 20706

Online Bidding Opens
MONDAY, OCTOBER 17, 2022

Live Onsite Auction
WEDNESDAY, OCTOBER 19, 2022
AT 11:00 A.M.

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:
9401 Sheridan Street is located in the Lanham area in Prince George’s County, just northeast of Washington, D.C. Lanham is well known for its proximity to the nation’s capital, its charming neighborhoods, and its deep roots in American arts and culture, with its history dating back to 1668.

The property is situated 1.5 miles east of the Capital Beltway (I-295), providing excellent access to the Baltimore Washington Parkway (MD-295), Kenilworth Avenue (MD-201), Baltimore Avenue (US-1), and US-50. Major employers in the area are abundant, with several government agencies and contractors within close proximity. The NASA Goddard Space Flight Center is approximately 2 miles north, and the University of Maryland, College Park is approximately 7 miles west. An array of options for shopping, dining, and area services are located along Greenbelt Road and several of the other aforementioned routes. According to the Prince George’s County Public Schools website, nearby schools are Gaywood Elementary, Thomas Johnson Middle, and DuVal High.

For more information about the area, please visit:
Prince George’s County Government – www.princegeorgescountymd.gov
Prince George’s County Public Schools – www.pgcps.org

SITE:
Lot size – 0.25 acre, more or less, according to public tax records. Plat

All public utilities

Zoned RSF-95, Residential Single Family

IMPROVEMENTS:
Ranch home – constructed in 1955, containing 1,304 square feet of living area, with no basement, according to public tax records.

EXTERIOR:

  • Aluminum Siding
  • Asphalt Shingle Roof
  • Vinyl Replacement Windows

INTERIOR:

First Floor:

  • Family Room – wood floor, fireplace and brick mantle
  • Living Room – wood floor, fireplace and brick mantle
  • Kitchen – solid surface counters, laminate tile floor, stainless steel appliances
  • Laundry Room
  • Bedroom – wood floor
  • Bedroom – wood floor
  • Bedroom – wood floor
  • Full bath – ceramic tile floor and wall surround
  • Pull Down Attic

Mechanical:

  • 150 amp electrical panel
  • 65-gallon gas water heater
  • Central air conditioning

TITLE:
In fee simple; sold free and clear of liens. Deed reference book MEA 41592, page 95.

TAXES:
Published annual real estate taxes are $4,498.66, based on a full value assessment of $275,967.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – a $25,000 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.

Online Auction Bidders – a 10% deposit, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:30 P.M. on the day of auction, 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, ground rent and 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. The Property will be sold subject to Baltimore City violation notices, if any. Purchaser assumes the risk of loss from the date of contract forward. The Purchaser waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the Purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. 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. A 5% buyer’s premium will be added to the final bid price.

"Lanham - Seabrook Acres"
Ranch Home
9401 Sheridan Street
Lanham, MD
20706
Prince George's County
Show on Map
SOLD $288,750
October 19, 2022 AT 11:00AM

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