"Waldorf - Oak Manor"

Two Story Townhouse Condominium Unit with 2 Bedrooms and Bath
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Listing Details

Sold Price
$78,000
Auction Date
Auction Time
1:30 PM
Address
2948 Old Washington Road, Waldorf, MD, 20601
County
Charles County
Neighborhood
Waldorf, Oak Manor
The property is available to inspect. Please click the above link to open the Waiver, Indemnity and Premises Use Certification form, fill it out, sign it, and return it to the office of the Auctioneer by fax to 410-296-4420 or email info@ajbillig.com. Once the completed form has been received, you will receive inspection instructions via email.
Financing
See our Financing Page for a list of auction-oriented lenders.
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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REAL ESTATE AUCTION
- $50,000 Suggested Opening Bid -

WALDORF

“Oak Manor”

TWO STORY TOWNHOUSE
Condominium Unit ◆ 2 Bedrooms and Bath

Sale On Premises
2948 OLD WASHINGTON ROAD
Unit 4, Oak Manor Townhouses Condominium
Charles County, MD 20601

TUESDAY, JULY 22, 2014
AT 1:30 P.M.

    Two Story Inside-Group Brick and Vinyl Sided Townhome - according to public tax records the home was built in 1975 and contains 1,152 square feet of living area, comprising a living room, eat-in kitchen and half-bath, on the first floor; 2 bedrooms and bath, on the second floor; electric heat and central air conditioning.

    Please check back for monthly condominium fee (estimated to be $125/month) and documents.

    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.

    Published annual real estate taxes for 2013-2014 are $1,210.  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 $5,000 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 8% per annum, from date of sale to date of settlement.  All adjustments, including taxes, condominium or homeowners association fees, if any, 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.   Purchaser agrees to waive any right of rescission under Maryland Homeowners Association and/or Condominium Law, if applicable.  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 4% buyer’s premium will be added to the final bid price.