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Louis J. Weinkam, Jr., Attorney
1002 Frederick Road
Catonsville, MD 21228
– $100,000 Suggested Opening Bid –
“Rock Creek Estates”
4 Bedroom ◆ 2.5 Bath
TWO STORY HOME
& Remaining Household
FURNITURE & EFFECTS
Sale On Premises
228 ATLANTA ROAD
Anne Arundel County, MD 21122
THURSDAY, FEBRUARY 9, 2017
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.
228 Atlanta Road is located in the Riviera Beach area of northern Anne Arundel County, east of Rock Creek, west of Ft. Smallwood Road and south of Riviera Drive. The home is located one-half block from a community beach. The water privileged neighborhood is predominantly comprised of single family detached and semi-detached homes. Shopping and community services are close by on Ft. Smallwood Road. The area is convenient to the Baltimore Beltway (I-695), Ritchie Highway (MD-2), MD-100 and I-97. According to the Anne Arundel County GIS website, nearby public schools are Riviera Beach Elementary, George Fox Middle and Northeast High.
Rectangular lot – 45′ x 100′
Public water, sewer, gas, electricity
Fenced rear yard with storage shed
Zoning R5, residential
Two Story Home constructed in 1972, containing 1,806 square feet of living area and 676 square feet of basement space, according to public tax records.
Brick facade and vinyl siding
Composition shingle roof, aluminum rain spouts
Vinyl-clad double-hung windows
Concrete block basement foundation
Trex-type Sun Deck above carport with views of Rock Creek and Patapsco River
Gas forced air heat
Central air conditioning
Gas water heater
100 amp. electrical service
The home needs painting and minor cosmetic repairs.
The property is in fee simple and sold free and clear of liens. Anne Arundel County Deed Liber 2475, Folio 354.
Published annual real estate taxes are $2,670, based on a full value assessment of $267,100. 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:
A $15,000 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. 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. 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.
Remaining personal property will be sold as an entirety only – after the sale of the home. Items include Samsung large flat screen tv, treadmill, miscellaneous exercise equipment, tools, kitchenware, assorted furniture, pictures, ornaments, porch furniture, etc.
TERMS OF SALE: Full payment in cash or by certified or cashier’s check will be required of the purchaser at time and place of sale. Company and personal checks will be accepted with approved bank letter of guarantee – contact auctioneers for proper form. Immediate removal required pursuant to pre-sale announcement. No buyer’s premium.
Louis J. Weinkam, Jr., Guardian for