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Karen Allen Nicolaus, Attorney
1002 Frederick Road, Catonsville, MD 21228
Featuring Live & Online Simulcast Bidding
$125,000 Opening Bid
“Village of Olde Mill”
3 Bedrooms & Bath
270 GLENDA COURT
Anne Arundel County, MD 21108
Online Auction Opens
MONDAY, SEPTEMBER 5, 2022
Live Onsite Auction
WEDNESDAY, SEPTEMBER 7, 2022
AT 11:00 A.M.
Pursuant to an Order of the Circuit Court for Anne Arundel County, passed in the matter of Ethel Hund, Case No. C-02-FM-20-1499, the undersigned Guardian will sell the above-captioned property as noted.
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.
270 Glenda Court is located in the Olde Mill Condominium III, in northern Anne Arundel County, within walking distance of Southgate/Old Mill Park. The neighborhood is south of MD-100, east of I-97, west of Oakwood Road and north of Old Mill Road, and consists of single family detached homes and townhomes, built in the late 1970s. Olde Mill is convenient to shopping, dining, major highways and regional employers. A community pool is within walking distance. Nearby public schools are Rippling Woods Elementary, Old Mill Middle School and Old Mill High School, according to the Anne Arundel County online school finder.
Monthly condominium fees are $198/month and include common area maintenance, some insurance, management, sewer, snow removal, trash and water. Condominium Resale Package.
Two story inside-group townhome, built in 1977, containing 1,280 square feet of living area and 640 square feet of basement space. The property was occupied by the original owner.
Exterior – vinyl siding, composition shingle roof, vinyl double-hung windows, concrete block basement foundation, wood sun deck and fenced rear yard
Mechanical – Trane heat pump/central air conditioning, electric water heater, circuit breakers, sump pump
The home is in near original condition and could be updated.
The property is in fee simple and sold free and clear of liens. Anne Arundel County Deed Book WGL 3013, Page 307.
Published annual real estate taxes are $3,129, based on a full value assessment of $214,600. 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.
Live Auction Bidders – a $20,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. If necessitated by price, 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, is required of the purchaser by 4:00 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, condominium fees, 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, as well as the Declaration, Bylaws, Rules and Regulations of the Village of Olde Mill Condominium Regime. 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 and agrees to waive any right of rescission under Maryland Condominium Law, having received and reviewed the Condominium Resale Package prior to the auction. 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.
Karen Allen Nicolaus, Guardian of the Property of Ethel Hund