"Newburg - Mt. Victoria Area"

$10,000 Opening Bid

TRADITIONAL HOME
ON 1.56± ACRE LOT
Zoned AC – Agricultural Conservation

Known As:
12991 WEST HATTON ROAD
Near Mt. Victoria Road
Newburg, Charles County, MD 20664

BIDDING OPENS:
FRIDAY, JULY 9, 2021

BIDDING CLOSES:
WEDNESDAY, JULY 14, 2021 AT 11:15 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:
12991 West Hatton Road is located in the Newburg zip code in Charles County, Maryland. The more proximate area is referred to as Mt. Victoria, with reference to a large nearby farm with the same name. West Hatton, Shiloh and Thompkinsville comprise other surrounding communities. All of the aforementioned communities rest on a peninsula extending down from Newburg through Rock Point and Cobb Island. The Potomac River binds the western boundary of the peninsula, and the Wicomico River binds the east. The area is predominantly agricultural, including both large farms and expansive wooded tracts. Maritime businesses and waterfront communities are along each of the aforementioned bodies of water, as well as a few interior creeks. US-301 is situated approximately 4 miles northwest, providing excellent access to major employment centers in La Plata, Waldorf, Washington D.C and a number of nearby military bases in both Maryland and Virginia.

For more information about the area, please visit:
Charles County Government – www.charlescountymd.gov

SITE:
Lot size – 2 acres, according to tax records. 1.562 acres, according to the survey linked below.

The lot is set back off West Hatton Road, with a right of way agreement, linked below, for access. The lot is predominantly wooded. According to the survey, there is a dig well on site. Private septic is believed to be on site. The status or condition of either system is unknown.

Survey

Right of Way Agreement

ZONING:
AC – Agricultural Conservation

According to the Charles County zoning code, “the Agricultural Conservation Zone provides a full range of agricultural and farming activities, protects these established uses from encroaching development which might adversely affect the agricultural economy of the County and encourages the right to farm in the County without undue burden on the landowner.”

Zoning Map 83

Charles County Zoning Code – ecode360.com

IMPROVEMENTS:
The property is improved by a two story traditional home constructed in 1930 and containing 1,122 square feet of living area, according to public tax records. The home requires a full renovation.

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

TAXES:
Published annual real estate taxes are $1,787.92, based on a full value assessment of $115,833.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $5,000 deposit, or ten percent (10%) of the Purchase Price (whichever is greater), in a cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer, by 4:30 P.M. on the day of the auction. 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. 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, including agricultural transfer tax if applicable, 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.

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