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This Auction has been CANCELED.
Arthur L. Drager, Attorney
Law Offices of Arthur L. Drager, LLC
One North Charles St. – Suite 1200
Baltimore, Maryland 21201
0.25± Acre ◆ 1,273± Sq. Ft ◆ Garage
Sale on Premises
5216 MONTGOMERY STREET
Off Braddock Road
Springfield, Fairfax County, VA 22151
– CANCELED –
THURSDAY, OCTOBER 11, 2018
AT 1:15 P.M.
– Suggested Opening Bid: $250,000 –
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.
5216 Montgomery Street is located in the Edsall Park subdivision in the Springfield area in Northern Virginia. The neighborhood is conveniently located less than 1 mile from I-395, and approximately 2 miles from both the Capitol Beltway (I-495) and I-95. Access to downtown Washington and other surrounding major employment centers is ample. Shopping, dining, entertainment and neighborhood services are also nearby along Braddock Road, Backlick Road, and in the nearby Annandale and Springfield town centers. Deerlick Park is at the western boundary of the neighborhood, and features walking trails, tennis courts, ball field, play ground and other recreational facilities. According to the Fairfax County Public Schools website, nearby schools are Bren Mar Park Elementary, Holmes Middle and Edison High.
For more information about the area, please visit:
Lot size – 0.25 acre, more or less, according to public tax records
Recorded driveway easement from adjoining property
Concrete driveway for 2 vehicles
All public utilities
Two story split-level home with attached garage – the home was constructed in 1958 and contains 1,273 square feet of living area. The home is believed to be arranged for a living room, dining room and kitchen, on the entry level; three bedrooms and bath, on the upper level; rec room, utility room, powder room and attached garage on the lower level; forced air heat and central air conditioning. Note: the home may be occupied.
Published annual real estate taxes are $5,323.69 (including $128.42 for a special tax district) based on a full value tax assessment of $414,270.
The parcel is in fee simple; sold free and clear of liens.
– PLEASE REFER TO THE CONTRACT FOR THE COMPLETE TERMS OF SALE:
A $25,000 deposit, payable by certified check or 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. All adjustments, including taxes, rents, 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 settlement 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 shall be responsible for obtaining physical possession of the property and assumes the risk of loss or damage to the property from the date of contract forward. 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!
Sale by Order of:
Arthur L. Drager, Guardian of the Person and Property of
Andrew F. Zaccardi