"Severn - Warfield Condominium"

Two Story Townhouse Condo.
3 Bedrooms & Bath
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Listing Details

Sold Price
$61,000
Auction Date
Auction Time
12:00 PM
Address
1817 Arwell Court, Severn, MD, 21144
County
Anne Arundel County
Neighborhood
Severn, Warfield Condominium
Inspection
The home may be inspected 45 minutes prior to the auction, and by appointment, per the instructions below.
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. Inspection requests are normally answered Monday-Friday 9 am-4 pm.
Additional Documents
Building Plans
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

SEVERN

"Warfield Condominium"

Two Story
TOWNHOUSE CONDO.
3 Bedrooms & Bath

Sale On Premises
1817 ARWELL COURT
A/K/A Unit 13I Unit B
Off Pioneer Drive
Anne Arundel Co., MD 21144

THURSDAY, AUGUST 25, 2016
AT 12:00 NOON

- SUGGESTED OPENING BID: $35,000 -

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 Warfield Condominium is located in the Severn area in northern Anne Arundel County. Severn is situated a short distance south of BWI Thurgood Marshall Airport, and a short distance north of Fort Meade. Other communities surrounding the Warfield Condominium include The Orchards, Somerset Woods, Jennifer Meadows, Still Meadows and Shamrock Manor. Access to major employers and major highways is proximate via Routes 32 and 175, each a few minutes from the townhome. According to aacounty.org, nearby schools are Van Bokkelen Elementary, Meade Middle and Meade High.

For more information on the area, please visit:
http://www.aacounty.org/

SITE:
Approximately 16' wide lot

Front and rear yards

IMPROVEMENTS:
Two story townhome condominium with brick facade - according to public tax records, the home was constructed in 1977 and contains 1,068 square feet of living area. The unit is in "turn-key" condition, with new carpet, fresh paint and other interior updates. The unit is arranged for an open living room/dining room combination, kitchen, utility closet, three bedrooms and bath. Gas forced air heat and CAC. Public utilities.

CONDOMINIUM FEE & INFORMATION:
Condominium fees are $188.60 per month.

Condominium Resale Package with Condominium Documents

TAXES:
Current annual real estate taxes are $967 based on a full value assessment of $75,700. 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://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx

TITLE:
In fee simple; and will be sold free and clear of liens

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 12% per annum, from date of contract to date of settlement.  All adjustments, including taxes, condominium or homeowners association fees, 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 contract 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 contract 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.

No Buyer's Premium!