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ONLINE REAL ESTATE AUCTION
Starting Bid: $10,000
– Zoned PUD – Planned Unit Development –
5910 PARROTFISH COURT
Waldorf, Charles County, MD 20603
WEDNESDAY, OCTOBER 28, 2020
FRIDAY, OCTOBER 30, 2020 AT 12:00 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.
5910 Parrotfish Court is located in the St. Charles Communities – Dorchester Neighborhood in the Waldorf area of Charles County. The neighborhood, which surrounds Dorchester Lake, is situated a short distance southwest of St. Charles Towne Center and the St. Charles Towne Plaza. US-301 (Crain Highway) is 1.5 miles east via W. Smallwood Drive. Ample shopping, dining and neighborhood services are within close proximity. According to the Charles County School Locator, nearby schools are William B. Wade Elementary, Theodore G. Davis Middle and Westlake High.
For more information about the area, please visit:
Charles County Government – www.charlescountymd.gov
Charles County Interactive Map – www.arcgis.comwww.arcgis.com
Charles County Public Schools – www.ccboe.com
Dorchester Community – www.dorchestercommunity.com
The Dorchester Neighborhood is within the Westlake Village master-planned community, and features an array of community amenities, including pool, community center, playgrounds, tennis courts and other recreational opportunities.
Lot – 0.22 acre, more or less, according to public tax records.
Mostly clear lot within an existing subdivision. Known as Lot 53, Parcel “H” in the “St. Charles Communities, Dorchester Neighborhood,” recorded at plat book 42, page 94. Plat
Public water and sewer are believed to be within the street.
PUD – Planned Unit Development
For more information, please see Charles County Zoning Code.
In fee simple; sold free and clear of liens.
Published annual real estate taxes are $1,108.91 based on a full value tax assessment of $84,200.
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.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $3,000 deposit, or ten percent (10%) of the Purchase Price (whichever is greater), in cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer, before Monday, November 2, 2020 at 12:00 Noon. 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 and 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 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.