Email: info@ajbillig.com
6500 Falls Road, Baltimore, MD 21209
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A $3,000 or 10% deposit, whichever is greater, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:00 P.M. on the day of auction, at the Auctioneer’s office. When you register for an online auction, a “ping” will be placed on your credit card and immediately voided, you will not be charged the deposit amount. A 5% or $2,500 buyer’s premium, whichever is greater, will be added to the final bid price. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page and see the Sample Contract.
To The Highest Bidder Over $2,500
LANHAM
– Rutledge –
0.346 ± ACRE
RESIDENTIAL LOT
Known As:
WOODBERRY STREET
Prince George’s County Tax ID: 17141624725
Near Good Luck Rd
Lanham, Prince George’s County, Maryland 20706
BIDDING OPENS:
WEDNESDAY, JUNE 12, 2024
BIDDING CLOSES:
FRIDAY, JUNE 14, 2024 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.
LOCATION:
Woodberry Street is located in the Rutledge subdivision in Lanham, Prince George’s County, just northeast of Washington, D.C. Lanham is renowned for its proximity to the nation’s capital, charming neighborhoods, and rich history in American arts and culture, dating back to 1668. The property is conveniently situated 2.5 miles east of the Capital Beltway (I-495), offering excellent access to major routes such as the Baltimore-Washington Parkway (MD-295), Kenilworth Avenue (MD-201), Baltimore Avenue (US-1), and US-50. The area has numerous major employers, including several government agencies and contractors. The NASA Goddard Space Flight Center is approximately 1.5 miles north, and the University of Maryland, College Park is about 6 miles west. Shopping, dining, and various services are readily available along Greenbelt Road and other nearby routes. According to the Prince George’s County Public School website, nearby schools are Gaywood Elementary, Thomas Johnson Middle and DuVal High.
For more information about the area, please visit:
Prince George’s County, MD – www.princegeorgescountymd.gov
Prince George’s County Public Schools – www.pgcps.org
Prince George’s County GIS Map – www.pgatlas.com
SITE:
Lot size – 0.346 acre, more or less, according to public tax records.
The property is believed to have been designated as a storm water reservation at the time the subdivision was developed. Conversion therefrom would be by agreement with Prince George’s County. Public water and sewer are believed to be available.
Zoned RSF 65, Residential
TITLE:
In fee simple; and sold free and clear of liens. Prince George’s County Deed Book Liber 49757, folio 205.
TAXES:
Published annual real estate taxes are $22.24, based on a full value assessment of $2,000.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $3,000 or 10% deposit, whichever is greater, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:00 P.M. on the day of auction, 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” condition, and subject to easements, agreements, restrictions or covenants of record affecting same, if any, and subject to existing zoning. 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. A 5% or $2,500 buyer’s premium, whichever is greater, will be added to the final bid price.
