"Frederick - Urbana Area" Two Story Brick Farmhouse on 1.66 Acres

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Listing Details

Sold Price
$155,000
Auction Date
Auction Time
12:00 PM
Address
7913 Fingerboard Road, Frederick County, MD, 21704
County
Frederick County
Neighborhood
Frederick, Urbana Area
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Arthur L. Drager, Solicitor
Law Offices of Arthur L. Drager, LLC
The Equitable Building - Suite 620
10 N. Calvert St.  21202

ESTATE SALE
                          
FREDERICK
   Urbana Area   

Two Story Brick
FARMHOUSE
✦ On 1.66 Acres ✦

 

Sale on Premises
7913 FINGERBOARD ROAD
Frederick County, MD 21704

WEDNESDAY, FEBRUARY 19, 2014
AT 12:00 NOON


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:

7913 Fingerboard Road is located in the Urbana area of Frederick County, Maryland, a few miles south of the City of Frederick. Surrounding communities include Buckeystown, Ijamsville and Hyattstown (Montgomery County). The property is approximately 2 miles west of the I-270 exit 26, providing direct access to Washington D.C., Frederick and I-70. The Urbana town center is slightly more than 2 miles to the east, and includes dining, shopping, municipal services and area schools. Nearby properties are a mix of farms, older traditional homes, new construction subdivisions, a golf course and other facilities.


For more information about the area, please visit:
http://frederickcountymd.gov/


For School Information, please visit:
www.fcps.org

 

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


SITE:

Trapezoid shaped lot comprises 72,310 square feet, or 1.66 acres more or less


Rear deck


Multiple storage and multi-purpose outbuildings


Well and septic


Zoning - R-1, residential

ZONING MAP (pdf)


Tax Map:
Photos of auction property


SUBDIVISION PLAT (pdf)


IMPROVEMENTS:

Two story brick farmhouse with covered front porch - according to public tax records, the home is believed to have been constructed in 1900, contains 1,896 square feet of living area and 852 square feet of unfinished basement area, and is arranged as follows:


Exterior:
Brick exterior
Wood double-hung and vinyl-clad replacement windows
Aluminum roof - tar coated
Aluminum downspouts and rain gutters


Interior:
Drywall
Mix of hardwood, laminate and carpeted floors


First Floor:

  • Living room - hardwood floors, brick mantle for stove
  • Family room - hardwood floors
  • Kitchen - laminate floors
  • Laundry area - washer/dryer hook-up


Second Floor:

  • Full hall bathroom
  • Den area
  • Bedroom - carpet over hardwood
  • Bedroom (no closet) - hardwood floors
  • Bedroom (no closet, attic access) - hardwood floors


Storage Attic (unfinished)


Cellar Basement:

  • Unfinished
  • Work area
  • Utility area


Mechanical:
Oil fired forced air heat
Electric water heater


NOTE: The home is in poor repair, and requires full renovation.


TITLE:

The property is in fee simple and sold free and clear of liens.


TAXES:

Published annual real estate taxes for 2014 are $2,589, based on a full value assessment of $207,567.  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:
http://www.dat.state.md.us/sdatweb/appeal.html


INSPECTION:

The property will be open for inspection at 10:30 a.m. on the day of sale.


TERMS OF SALE:

A $7,500 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.  All adjustments, including taxes, all other public charges and assessments payable on an annual basis, and 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.  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 sale 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!


Arthur L. Drager, Personal Representative of the Estate of Evelyn Louise Covell


FINANCING:

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