Absolute Above $99,000 "Brandywine"

36.66 +/- Acre Residential Parcel
Zoned OS - Development Potential
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Listing Details

Sold Price
$128,000
Auction Date
Auction Time
12:00 PM
Address
Martin Road, Brandywine, MD, 20613
County
Prince George's County
Neighborhood
Brandywine
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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ABSOLUTE AUCTION
To The Highest Bidder Above $99,000

- PRINCE GEORGE'S COUNTY -

★ 36.66+/- ACRE ★
RESIDENTIAL PARCEL
Zoned OS - Development Potential

Sale on Premises
MARTIN ROAD
Prince George's County Map 147,
Parcels 31 and 85
(Between 13226 & 13250 Martin Road)
Brandywine, Prince George's County, MD 20613

THURSDAY, JUNE 11, 2015
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:
Known as Parcels 31 and 85, on Prince George's County Map 147, and Tax IDs 04-0265066 and 04-0265074, the property is located on the west side of Martin Road approximately 4 miles east of the Brandywine town center. Entrance to the property is via parcel 85, which is situated between 13226 and 13250 Martin Road. The location is bucolic, featuring farms, forests and well-spaced estate homes. Access to Branch Avenue (MD-5) and US-301 is about 10 minutes to the west, offering access to Washington D.C, Andrews Air Force Base, Waldorf and other major employment centers in the area. The auction presents the opportunity to create one or multiple estate lots, use the property for any number of agriculturally oriented purposes or add the property to an assemblage in the area.

SITE:
The property is comprised of two unimproved parcels:

Parcel 31 35.0 acres Tax ID# 04-0265066
Parcel 85     1.66 acres Tax ID# 04-0265074
Total 36.66 acres  

Parcel 85 fronts approximately 60' on Martin Road, providing access to parcel 31, which contains the bulk of the acreage. The site is fairly level, and mostly wooded.  A private well and septic would be required for development.  The two parcels will be sold together.  According to the seller, the property passed 3 perc tests in 2006/2007. Purchasers are responsible for conducting their own due diligence in advance of the auction. Please email info@ajbillig.com or call 410.296.8440 if you plan to inspect the property.

Legal Description

Zoning - OS, Open Space:
According to the Prince George's County Planning Department, Open Space zoning "provides for areas of low-intensity residential (5 acre) development; promotes the economic use and conservation of land for agriculture, natural resource use, large-lot residential estates, nonintensive recreational use. Standard lot size - 5 acres. Maximum dwelling units per net acre - 0.20."

Zoning Information: http://www.pgplanning.org/Resources/Zoning_Information.htm

TAXES:
Published annual real estate taxes for 2014-2015 are:

 Parcel 31  $ 2,210.76
 Parcel 85         87.25
Total  $ 2,298.01

TITLE:
The parcels are in fee simple and sold free and clear of liens.  Prince George's County Deed Book 22881, Page 313, and Book 18588, Page 691.

TERMS OF SALE:
A $10,000 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 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.

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