Scenic 32.5+/- Acre Horse Farm

4 Bedroom Farmhouse, 2-Unit Guest House, Bank Barn, Outbuildings, Corrals
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Listing Details

Sold Price
$270,000
Auction Date
Auction Time
11:00 AM
Address
1282 Macton Road, Street, MD, 21154
County
Harford County
Neighborhood
Street
Inspection
The property will be open for viewing 1 hour prior to the auction.
The property is available to inspect prior to the auction. 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
Revised Record Plat
Record Plat - Per DOT
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 

- $250,000 Suggested Opening Bid -

★ Scenic ★
32.5± ACRE
HORSE FARM
4 Bedroom Farmhouse ◆ 2 Unit Guest House
Bank Barn ◆ Outbuildings ◆ Corrals
- Renovation Needed -

Sale On Premises
1282 MACTON ROAD
"Street," Harford County, MD 21154

WEDNESDAY, JANUARY 11, 2017
AT 11:00 A.M.

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:
1282 Macton Road is located in the Street community of northern Harford County, a rural, unincorporated area, south of the Pennsylvania line, west of the Susquehanna River, east of MD-543 and north of Bel Air. The area is comprised of farms and residential properties on large parcels. Topography is rolling and scenic. According to the Harford County Public Schools web site, nearby public schools are North Harford Elementary, Middle and High.

SITE:
32.5 acres - irregularly shaped parcel, fronting approximately 1,200' along the north side of Macton Road with a depth of approximately 1,500'. The property slopes upward from south to north. An asphalt paved driveway leads from Macton Road to the improvements, located in the northern portion of the property. Broad Creek traverses the southwestern corner of the site.

Zoning - AG, agricultural. The Department of Planning and Zoning recognizes the detached single family dwelling as a permitted use and two apartments within a former carriage house as a legal non-conforming use. Structures used solely for agricultural purposes do not require Zoning approval.

Private well and two septic systems

IMPROVEMENTS:

  • Circa 1900 two story frame farmhouse, comprising approximately 4,800 square feet, and containing a living room, dining room, kitchen, office, laundry and bath, on the first floor; master bedroom and bath, 3 additional bedrooms and 2 additional baths, on the second floor; lower level with 2 large finished rooms and laundry/storage area with toilet; oil fired hot water baseboard heat, central air conditioning
  • Inground swimming pool
  • Two story frame apartment building - two units and storage
  • Bank Barn (approximately 40' x 56') with 16 stalls, silo, storage room and work room
  • Fenced corrals
  • Frame run-in sheds
  • Stone building

The house and outbuildings need repairs.

TITLE:
The property is in fee simple and sold free and clear of liens. Harford County Deed Liber 11582, folio 392.

TAX INFORMATION:
Known as Lot 1, Parcel 288, Grid 1E, on Harford County Tax Map 18. Tax Account No. 05-022754.

Published annual real estate taxes are $6,847.92, based on a full value assessment of $598,500. 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

TERMS OF SALE:
A $25,000 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 agrees to waive the right of inspection for lead paint, as provided under current Federal and State law. 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, including agricultural transfer tax, if any, 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.