"Upper Marlboro - Brock Hall Manor"

 REAL ESTATE AUCTION 

– $20,000 Suggested Opening Bid –

“Brock Hall Manor”

0.92± ACRE
RESIDENTIAL LOT

Sale On Premises
14312 MEDWICK COURT
Prince George’s County, MD 20772

WEDNESDAY, OCTOBER 24, 2018
AT 12:15 P.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:
Brock Hall Manor is situated west of US-301 and east of MD-202, on the northern edge of Upper Marlboro. According to the Prince George’s County School Finder web site, nearby public schools are Perrywood Elementary, Kettering Middle and Dr. Henry A. Wise, Jr. High. The neighborhood is convenient to the Capitol Beltway (I-495/95), recreational areas and shopping.

The surrounding area is rural-residential in character. Recently sold homes in Brock Hall Manor range in price from $213,977 to $640,000 and years constructed from 1964 to 2018.

SITE:
Lot fronts 100′ along the north side of Medwick Court, with depths of 434′ and 454′ and a rear lot line of 62′, comprising 40,200 square feet or 0.92 acre of land, all dimensions and acreage being more or less.

Zoning R-E, residential estate, permits one home

A private well is required. Purchaser can choose to install a private septic system. A sanitary sewer line right-of-way to the Washington Suburban Sanitary Commission, bounds the property and may permit the buyer to connect to the public sewer line. Right-of-Way Agreement

The lot is wooded and slopes downward from south to north.

TITLE:
The property is in fee simple and sold free and clear of liens. Being known and designated as Lot 5, Block E, Section Five, Brock Hall Manor, as per plat recorded among the Land Records of Prince George’s County in Plat Book WWW 49 at Plat 31. Deed Book 31698, Page 218.

TAXES:
Published annual real estate taxes are $354.

SUMMARY TERMS OF SALE (see contract of sale for complete terms):
A $2,500 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. 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, WHERE 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 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.

Auction by order of the Gary L. Clayton Revocable Trust