Absolute To The Highest Bidder - "Glenwood - Wellington Subdivision" Luxury 2.74± Acre Home Site

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Listing Details

Sold Price
$280,000
Auction Date
Auction Time
11:00 AM
Address
3100 Longfield Road, Glenwood, MD, 21738
County
Howard County
Neighborhood
Glenwood, Wellington Subdivision
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Steven M. Caplan, Attorney
40 West Chesapeake Ave. - Suite. 520
Towson, Maryland  21204

Richard D. Rosenthal, Attorney
100 E. Pratt Street - 26th Floor
Baltimore, Maryland 21202

 

ABSOLUTE AUCTION
To The Highest Bidder Regardless of Price!
(In Lieu of Partition)
                      
GLENWOOD
"Wellington" Subdivision

LUXURY HOME SITE
2.74± ACRES

 

Sale On Premises
3100 LONGFIELD ROAD
"Lot 1, Wellington Section 1"
Corner of Roxbury Mills Rd. (MD-97)
Howard County, MD 21738

WEDNESDAY, MARCH 19, 2014
AT 11:00 A.M.


        NOTE:  The information contained herein has been obtained from sources deemed reliable and believed to be accurate.  However, no express or implied warranty is made as to the accuracy of these representations.  All dimensions and acreage contained herein are more or less. 


GENERAL INFORMATION


LOCATION:

Beautiful partially wooded home site situated 2.6 miles south of I-70, at the northwest corner of Roxbury Mills (MD-97) and Longfield Road.  With a gently rolling topography, spectacular trees and views and opposite Glenwood Park. The home is conveniently located, only 2.6 miles south of I-70, at the northwest corner of Roxbury Mills (MD-97) and Longfield Road. Shopping, restaurants and public schools are all within minutes.  For a list of the nearby public schools, visit: https://hcpss2.securesites.net/SchoolLocator.

For directions from your location, visit: maps.google.com


Neighboring Houses:

 


 


SITE:

Known as Lot 1, Section 1, Area 1, "Wellington" - Irregularly shaped lot fronting 302.66' along Longfield Road, 356.46' along Roxbury Mills Road, with an addtional depth line of 339.67' and a rear lot line of 378.49', or 2.7465 acres, all more or less.


Approved perc test


Tax Map:
Photos of auction property


Subdivision Plat:
Photos of auction property


LARGER SUBDIVISION PLAT (pdf)


HOMEOWNER'S ASSOCIATION:

Wellington Homeowner's Association, Inc. Resale Package:
Click the link to open the document in PDF format.


ANNUAL REAL ESTATE TAXES:

2013-2014 Annual Real Estate Taxes - $3,156 (based on a full value tax assessment of $242,400).  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 SDAT concerning the appeals process and may see the following link for helpful information:
http://www.dat.state.md.us/sdatweb/appeal.html.


TITLE:

In fee simple; sold free and clear of all liens


ZONING:

RCDEO - Resource Conservation Density Exchange Option


FINANCING:

See our Financing Page for a list of auction-oriented lenders.


TERMS OF SALE:

A $10,000 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. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of sale to date of settlement.  Taxes, homeowner association dues and all other public charges and assessments, payable on an annual basis, including sanitary and/or metropolitan district charges, if any, to  be adjusted for the current year to date of sale and assumed thereafter by the purchaser. Homeowner Association documents are available for inspection at the office of the Auctioneers.  The purchaser waives their right of rescission as provided by Maryland Law.  The property will be sold in "AS IS" condition, without express or implied warranty as to the nature and description of the improvements as contained herein; and subject to easements, agreements, the "Wellington"  Homeowner Association by-laws, restrictions or covenants of record affecting same, if any. Purchaser assumes the risk of loss from the date of sale forward.  The Purchaser waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the Purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. 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, including agricultural transfer tax, if any, and all costs incidental to settlement to be paid by the Purchaser.  Time is of the essence.


No buyer's premium.