Absolute Above $275,000 "Columbia - Beaverbrook"

Brick Rancher with Fireplaces & Garage on 1.63 +/- Acres
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Listing Details

Sold Price
$351,000
Auction Date
Auction Time
12:00 PM
Address
5037 Durham Road E, Columbia, MD, 21044
County
Howard County
Neighborhood
Columbia, Beaverbrook
Inspection
The property will be open at 11:00 a.m. on the day of the auction or by appointment.
Additional Documents
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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Gina D. Shaffer, Esquire
Shaffer Law Office, LLC
836 S. Main Street - Suite 102
Bel Air, Maryland 21014

ATTORNEYS-IN-FACT SALE
AT ABSOLUTE AUCTION
To The Highest Bidder Above $275,000

COLUMBIA

"Beaverbrook"

BRICK RANCHER
- In Need of Renovation -
Fireplaces ★ Garage ★ 1.63± Acres

Sale On Premises
5037 DURHAM ROAD E.
(Near Centennial Park and Lake)
Just South of Clarksville Pike (MD-108)
Howard County, MD 21044

New Auction Date
THURSDAY, MARCH 12, 2015

AT 12:00 NOON

    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 CONTAINED HEREIN ARE MORE OR LESS.

LOCATION:
One of Howard County's premier locations, the Beaverbrook subdivision is only several blocks south of Centennial Park and west of Fairway Hills Golf Course.  The property is situated off Beaverbrook Road, just south of Clarksville Pike (MD-108).  The community is within minutes of the Columbia town center, including The Mall in Columbia, offering numerous eateries, abundant shopping and so much more.  Access to I-29 is approximately one mile to the east via MD-108.  Columbia is centrally located between Baltimore and Washington providing access to numerous work centers.

For more information about Columbia, visit:
http://downtowncolumbiamd.com and http://en.wikipedia.org/wiki/Columbia,_Maryland

For more information on "The Mall in Columbia", visit:
http://www.themallincolumbia.com

For more information on "Centennial Park", visit:
Centennial Park Website: http://www.centennialmd.org/

SITE:
Mostly rectangularly shaped lot measuring 225' front, 250.34' rear, with depths of 290.72' and 280.27', or 1.63 acres, more or less

Paved Driveway

Partially fenced rear yard

Private well and septic system

IMPROVEMENT DESCRIPTION:
Desirable rancher constructed in 1965 (according to SDAT tax records), in need of complete renovation and is arranged as follows:

Exterior & Amenities
Brick and wood clapboard facade
Attached 2-car garage - finished interior, electric garage door opener
Screened porch
Asphalt shingle roof
Wood double hung windows
Hardwood flooring throughout most of the first floor
2 - Fireplaces

First Floor

  • Entry Foyer - slate floor
  • Living Room - brick walled wood burning fireplace, walk-out to screened porch
  • Dining Room
    small INTERIOR---Dining-Room
  • Kitchen - brick walled built-in grill, center island, 4-burner cooktop, dishwasher, oven
  • Master Bedroom - walk-in closet
    small INTERIOR---Master-BR
  • Private Master Bathroom
  • 2 - Additional Bedrooms
  • Full Hall Bathroom
  • Laundry Room - walk-in cedar closet

Basement

  • Recreation Room - brick 3-way wood burning fireplace
  • Powder Room
  • Utility/Storage Room
  • Crawl Space

Garage
small INTERIOR---Garage

Mechanical

  • Oil hot water baseboard heat
  • 40 gallon electric water heater (2010)
  • Whole house fan

ANNUAL REAL ESTATE TAXES:
2014-2015 Annual Real Estate Taxes - $5,316 (based on a full value tax assessment of $361,933) - Note: current owner was only paying $1,977.  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:
The property is in fee simple and is being sold free and clear of all liens.

INSPECTION:
At 11:00 a.m. on the day of the auction or by appointment.

TERMS OF SALE:
Deposit payable by certified or cashier's check of $25,000 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 office of the Auctioneers.  Balance to be paid in cash at settlement, which shall take place within 45 days. If payment of the balance of the deposit or balance of the purchase price 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 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. 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, restrictions or covenants of record affecting same, if any. Purchaser assumes risk of loss from the date of sale forward.  The purchaser waives and releases the Owner, their Attorneys-In-Fact, 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 Attorneys-In-Fact are 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 Owner, their Attorneys-In-Fact or Auctioneer.  The purchaser agrees to waive the right of inspection for lead paint as provided under current Federal and State Law. 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!

Auction by order of:
Patricia T. Wodarski and John A. Spiroff,
Attorneys-In-Fact for Ann M. Tilton