"Glen Burnie - Marley Heights"

Ranch Home
5516.jpg

Listing Details

Sold Price
$100,000
Auction Date
Auction Time
12:00 PM
Address
7706 Overhill Road, Glen Burnie, MD, 21060
County
Anne Arundel County
Neighborhood
Glen Burnie, Marley Heights
Inspection
Property will be open for inspection from 11:15 a.m. on the day of sale.
Additional Documents
Subdivision Plat
Financing
See our Financing Page for a list of auction-oriented lenders.
Scroll down for Complete Details, including: property description and Terms of Sale.

REAL ESTATE AUCTION

 

GLEN BURNIE
"Marley Heights"

 

RANCH HOME
In need of Renovation

 

Sale On Premises
7706 OVERHILL ROAD
Off Marley Neck Road
Anne Arundel County, MD 21060

THURSDAY, MAY 8, 2014
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:

7706 Overhill Road is located in the Marley Heights subdivision in Glen Burnie, northern Anne Arundel County. Marley Heights is located along Marley Neck Road and Marley Neck Boulevard, just east of Baltimore Annapolis Boulevard. Neighborhood homes are a mix of one and two story detached houses, many of which have been substantially updated and expanded over the years. According to the MyAnneArundel site neighborhood schools are Marley Elementary, Marley Middle and Glen Burnie High School.


For more information about Anne Arundel County, please visit MyAnneArundel at: http://gis-world2.aacounty.org/silverlightviewer/?Viewer=MyAA

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


SITE:

Level rectangular lot - 60' x 110', comprising 0.15 acre, more or less
Zoning R5, residential
Public water, public sewer, gas, electricity, telephone, cable tv
Fenced rear yard
Storage shed


Anne Arundel County GIS Aerial Photo:
Photos of auction property


IMPROVEMENTS:

Ranch home - according to public tax records, the home was built in 1940 and contains 1,086 square feet of living area.


Exterior:
Aluminum siding
Asphalt shingle roof
Some vinyl clad replacement windows, some wood double-hung windows
Aluminum down spouts and rain gutters


Interior:
Drywall and mostly pergo floors
Living room and dining room combination
Eat-in Kitchen - walk-out to rear yard
Three bedrooms
Full bath - ceramic tile floor


Full attic


Mechanical:
Oil fired forced air heat
Window air conditioners
40 gallon electric water heater


The home needs updating and cosmetic repairs.


TITLE:

Subject to a $90 annual ground rent; sold free and clear of liens.  Anne Arundel County Deed Book 12893, Page 304.


TAXES:

Published annual real estate taxes for 2013-2014 are $2,394, based on a full value assessment of $116,800.  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


TERMS OF SALE:

A $7,500 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.  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 a monthly or 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.


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