Featuring Live & Online Simulcast Bidding
$700,000 Opening Bid
– On 0.31 Acre –
7007 CHURCHILL ROAD
McLean, Fairfax County, VA 22101
Online Bidding Opens
TUESDAY, SEPTEMBER 14, 2021
Live Onsite Auction
FRIDAY, SEPTEMBER 17, 2021
AT 12:00 NOON
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.
7007 Churchill Road is located in the Broyhill Langley Estates subdivision in the McLean area of Northern Virginia. The neighborhood is positioned a short distance southeast of Georgetown Pike (VA-193). Capital Beltway (I-495) exit 44 to and from Georgetown Pike is approximately 1 mile north of the property. Shopping, dining, entertainment, neighborhood services, religious facilities and parks in the area are abundant, including along Dolly Madison Parkway (VA-123, 0.6 mile southeast), Chain Bridge Road (0.6 mile southeast) and in Tysons (approximately 3 miles southwest). The McLean Metro Stop (Silver Line) is approximately 2.5 miles southwest. Major employers in the immediate area include Hilton Worldwide Holdings, Inc., Mars, Inc., Capital One Bank (HQ) and Booze Allen Hamilton. According to the Fairfax County Public Schools locator, nearby schools are Churchill Road Elementary (0.2 mi.), Cooper Middle (1 mi.) and Langley High (1.5 mi.).
The Broyhill Langley Estates subdivision was originally developed in the 1950s, and traditionally contained home sizes and styles contemporary to the 1950’s and 1960’s. In more recent years, many of the homes have been substantially renovated, expanded or torn down and built anew, reflecting the vibrancy and buyer demand in the area. The auction provides an excellent opportunity for owner-occupants or investors to purchase a property suitable for renovation or a newly constructed home.
Lot size – 13,489 square feet, or 0.3097 acre, more or less, according to public tax records
The lot fronts approximately 76′ on Churchill Road. The lot is mostly level with some mature trees and bushes. There is a curb cut and concrete driveway for 3-4 vehicles. The rear yard is partially fenced, with an in-ground pool.
The property is serviced by all public utilities.
Split level home – constructed in 1959 and containing 1,343 square feet of living area, according to public tax records. The home is arranged as follows:
Main level –
Upper level –
Lower level –
In fee simple; being sold free and clear of all liens.
Published annual real estate taxes are $10,411.36, based on a full value assessment of $836,720.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
On-Site Bidders – A $75,000 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 by 12:00 Noon, Monday, September 20, 2021, at the Auctioneer’s office.
Online Bidders will be required to provide a wire or cashier’s check of $75,000 to A.J. Billig & Co., Auctioneers at least 24 hours prior to the auction. The deposit shall be increased to 10% of the purchase price by cashier’s check or wire transfer 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 8% 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, 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. A 5% buyer’s premium will be added to the final bid price.
No pre-auction offers will be considered.
Virginia Auctioneer’s License: 2907004628