"Pasadena - Boulevard Park Subdivision"

0.49 Acre Residential Parcel
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Listing Details

Sold Price
$10,000
Auction Date
Auction Time
2:00 PM
Address
222 Kentucky Avenue, Pasadena, MD, 21222
County
Anne Arundel County
Neighborhood
Boulevard Park Subdivision
Additional Documents
Survey
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

 

PASADENA
Boulevard Park Subdivision

 

RESIDENTIAL PARCEL

    0.49 Acre +/-Zoned R-2   

 

Sale On Premises
222 KENTUCKY AVENUE
Approx. 1 Mile South of Mountain Road
ANNE ARUNDEL COUNTY, MD 21122

WEDNESDAY, MAY 7, 2014
AT 2:00 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:

The property is located in the Boulevard Park subdivision of Pasadena. Boulevard Park is a water oriented community that sits north of Grey's Creek, which leads out into the Magothy River and Sillery Bay. The community features a boat ramp, small marina, playground and other community spaces. The homes in Boulevard Park are mostly detached one and two story homes that vary in age and size. Area schools are believed to be Bodkin Elementary, Chesapeake Bay Middle and Chesapeake High.


For more information about the area, please visit:

My Anne Arundel

Boulevard Park Improvement Association

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


SITE:

Mostly rectangular lot fronts 125' on Kentucky Avenue, depths of 144.23' and 149.93', and a rear lot line of 125.13', comprising 0.492 acre, more or less. The lot is lightly wooded, and backs up to a large forest.


A preliminary Anne Arundel County evaluation of percolation tests updated April 1, 2014 allows for construction of a home up to 2,500 square feet, subject to the design requirements as stated within that review.


Anne Arundel County Updated Perc Results (pdf)


Anne Arundel County Original Perc Test Review (pdf)


Zoning R-2: Residential

Please see the Anne Arundel County Zoning page for further zoning information: http://www.aacounty.org/PlanZone/Zoning/#.UrHQ09JDus9


Zoning Map from MyAnneArundel:
Photos of auction property


TITLE:

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


TAXES:

Published annual real estate taxes for 2013-2014 are $831.55 based on a full value assessment of $78,300.


TERMS OF SALE:

A $2,500 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. No express or implied warranty is made as to the size of the parcel, and no price adjustment will be made for acreage smaller or larger than what is conveyed by the seller's right, title and interest in the property.  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 and all costs incidental to settlement to be paid by the Purchaser.  Time is of the essence.


No buyer's premium.