"Severn"

1.2 Acre+/- Parcel
Zoned W1, Industrial
10162.jpg

Listing Details

Sold Price
$45,000
Auction Date
Auction Time
11:00 AM
Address
Jones Road, Severn, MD, 21144
County
Anne Arundel County
Neighborhood
Severn
Inspection
Please email info@ajbillig.com or call 410.296.8440 if you plan to inspect the property.
Financing
See our Financing Page for a list of auction-oriented lenders.
Scroll down for Complete Details, including: property description and Terms of Sale.

Holloway & Sullivan, LLC, Solicitors
One North Charles Street - Suite 2525
Baltimore, MD 21201

ESTATE AUCTION

SEVERN

★ 1.2 ACRE+/- PARCEL ★
- Zoned WI, Industrial -

Sale on Premises
JONES ROAD
Tax ID: 04-000-02911807
Off Queenstown Road
Anne Arundel County, MD 21144

THURSDAY, AUGUST 25, 2016
AT 11:00 A.M.

- Suggested Opening Bid: $10,000 -

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 parcel is located on Jones Road, near Queenstown Road, in the Severn area of northern Anne Arundel County. The property is situated a short distance away from the Quarterfield Crossing Shopping Center, which features a Wal-Mart, Sam's Club, Kohl's and Lowe's. Access to I-97 and Route 100 is within about 1 mile, offering exceptional access to major employment centers throughout the area. Surrounding properties are predominantly residential on well-sized lots. According to aacounty.org, nearby schools are Richard Henry Lee Elementary, Corkran Middle and Glen Burnie High.

For more information about Anne Arundel County, please visit:
http://www.aacounty.org/

SITE:
According to public records, the site comprises 1.2 acres, more or less.

Known as parcel 527, on Anne Arundel County tax map 9, grid 21. Also known by Anne Arundel County Tax ID: Tax ID: 04-000-02911807.

Anne Arundel County Zoning Map:
jones parcel zoning

Anne Arundel Engineering Record Drawing Map:
jones parcel topomap

Tax Map:
jones parcel taxmap

Survey

The lot fronts 30' on Jones Road, sits opposite 617 Jones Road and immediately west of 610 Jones Road. The site is mostly level and clear. The rear of the property is partially wooded. There are some outbuildings on the property. Public water is believed to be in Jones Road. Septic would likely be required.

Zoned W1 - Industrial
See http://www.aacounty.org/departments/planning-and-zoning/zoning/ for zoning information, maps and additional information.

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.

TAXES:
Published annual real estate taxes are $2,575, based on a full value tax assessment of $220,000. 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:
The parcel is in fee simple and sold free and clear of liens.  Anne Arundel County Deed Liber EAC 3808, folio 707.

TERMS OF SALE:
A $4,000 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 contract 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 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 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!

Sale by Order of the Estate of Troy Singletary, by:
Terry K. Sullivan, Personal Representative