"Marriottsville"

 ONLINE REAL ESTATE AUCTION 

A-FRAME HOME
ON 1.13± ACRE LOT
– Needs Renovation –

Known As:
7208 MARRIOTTSVILLE ROAD NUMBER 2
Near Forest Hill Road
Marriottsville, Carroll County, MD 21104

BIDDING OPENS:
FRIDAY, JULY 22, 2022

BIDDING CLOSES:
TUESDAY, JULY 26, 2022
AT 11:00 A.M.

– Bidding Starts at: $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.

LOCATION:
7208 Marriottsville Road Number 2 is located in the Marriottsville area of southeastern Carroll County, near the Howard and Baltimore County borders. Eldersburg, Sykesville, Woodstock and Turf Valley are nearby, each providing good options for shopping, dining, entertainment and neighborhood services. The Liberty Reservoir is located a short distance north, and sections of the Patapsco Valley State Park are located to the south. Recreational opportunities abound, with trails, fishing, a number of golf courses and outdoor clubs all in the immediate surrounding area. Access to major employment centers is good, with I-70, US-29, I-795 and the Baltimore Beltway (I-695) easily accessible from the site.

According to the Carroll County Public Schools boundary maps, nearby schools are Carrolltowne Elementary, Oklahoma Road Middle and Liberty High.

The home site itself is very private, set on a hill and surrounded by trees. There are a handful of small subdivisions nearby, with a few farms, private retreats and the park area surrounding the Liberty Dam and Reservoir rounding out the area. The auction provides an opportunity to purchase well-located seclusion, and the ability to update the home or build new to one’s own preferences.

For more information about the area, please visit:
Carroll County Government – www.carrollcountymd.gov
Carroll County Public Schools – www.carrollk12.org

SITE:
Lot size – 1.13 acres, more or less, according to public records. Plat

Curb cut and driveway coming from Marriottsville Road Number 2. Parking areas at the top and bottom of the property.

Detached garage and two outbuildings.

Serviced by private well and septic.

IMPROVEMENTS:
One and one-half story A-frame home and detached garage. The home was constructed in 1973, and contains 1,188 square feet of living area, according to public tax records. Arranged for a living room and kitchen combination with high ceilings, bedroom, office or secondary bedroom, full bath and loft. Needs full renovation.

TAX INFORMATION:
Published annual real estate taxes are $3,037.55, based on a full value assessment of $263,500.

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

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $15,000 deposit, or 10% of the purchase price (whichever is greater), payable by cashier’s check or wire transfer, will be required of the purchaser by 4:30 P.M. on the day of the auction at the Auctioneer’s office, 6500 Falls Road, Baltimore, MD 21209. 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, 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, 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!