PUBLIC AUCTION
Developer Liquidation!

NORTH POTOMAC
"Travilah Acres"
a/k/a
"Potomac Run At Muddy Branch"

- Newly Subdivided -
EQUESTRIAN ESTATE

6.68± Ac Fenced Paddocks Stable

CUSTOM BRICK RANCHER
5 Bedrooms 4 Full/2 Half Baths 3 Car Garage
&
2 - SPECTACULAR HOME SITES

2.2+ Acres Each With Wells


Photos of auction property
AERIAL VIEW     ENGINEER'S RENDERING

Sale On Premises
14115 TURKEY FOOT ROAD
Off 13500 Travilah Road
MONTGOMERY CO., MD 20878

THURSDAY, NOVEMBER 15, 2007
AT 12:00 NOON

       NOTE: 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. Prospective purchasers are encouraged to consult with the appropriate government authorities regarding the permitted uses of the properties and perform their own due diligence in advance of the auction. All dimensions and acreage contained herein are more or less.

GENERAL INFORMATION

LOCATION:

Great location bordering Muddy Branch Park amid million to multi-million dollar homes in the Wootton School district! The properties are situated in a quiet prestigious area of Montgomery County consisting primarily of luxury homes and small horse farms. The site is just minutes from Potomac Village, Rockville and Gaithersburg with easy access to I-270, just several miles to the east. Shopping and the Metrorail stations are also in close proximity. In addition to Muddy Branch Park, Blockhouse Point Park and the Potomac River are both less than 2 miles to the south.

Photos of auction property
ADJACENT HOUSE   NEARBY HOUSE 1   NEARBY HOUSE 2
ADJACENT HORSE PASTURE    STREET SCENE

This property presents itself as a unique opportunity for the individual who is looking to buy an existing home or build a new one, a custom builder looking for prime home sites, and the equestrian lover with a sharp eye for investment who is seeking an acreage property in a prime location.

For detailed profile of North Potomac, MD, visit:
http://www.city-data.com/city/North-Potomac-Maryland.html

For information on Rockville, Maryland, visit:
http://www.rockvillemd.gov/

For information on Gaithersburg, Maryland, visit:
http://www.gaithersburgmd.gov/

Location Map

For directions from your location, visit:
http://www.mapquest.com/directions/main.adp

PUBLIC SCHOOLS:

Travilah Elementary School
Frost Middle School
Thomas S. Wootton High School

14115 TURKEY FOOT ROAD (LOT 27)
Existing Custom Brick Rancher
Photos of auction property
FRONT VIEW     GARAGE     REAR VIEW

SITE:

2.02298 acres, situated in the center of Lots 26 and 28 (residential home sites).

Well landscaped lot with circular front driveway and side entrance driveway to the attached 3 car garage
Photo of

Private well and septic system

Well yield - 10 gallons per minute

SITE PLAN (pdf - 1.2MB)
Note: This file may take some time to download.

ZONING:

RE2, residential

IMPROVEMENT DESCRIPTION:

Well constructed raised custom brick rancher features expansive rooms, 3 fireplaces, gourmet kitchen, numerous closets, 2-zone oil forced hot air furnaces and 2-zone central air conditioning system, two - 200 ampere electrical boxes, recently installed Amtrol water treatment system, wood shake shingle roof, 2 flagstone patios, deck with hot tub and more.

Unbelievable views, sunrises and sunsets!
Photos of auction property
SUNSET     SUNRISE

The home is arranged as follows:

First Floor

Entry Area (12' x 23') With Powder Room- Includes entry foyer with tile floor, crown and picture frame moldings; guest closet area with large powder room.

Living Room (19' x 16') - Ornate manteled fireplace, bay window, crown and picture frame moldings
Photo of

Dining Room (18' x 13') - Bay window, crown moldings
Photo of

Sunken Family Room (19' x 18') - Exposed wood beam ceiling, beautiful stone walled oversized fireplace, sliding door exit to a flagstone patio
Photos of auction property
FAMILY ROOM     FIREPLACE

Gourmet Kitchen (23' x 18') - Granite countertops throughout, center work island (with sink, dishwasher and trash compactor), breakfast area with window wall looking towards the rear with a sliding door exit to a rear flagstone patio; pantry, double wall oven, Jenn-Air range/oven, desk area, etc.
Photos of auction property
PHOTO #1     PHOTO #2     PATIO OFF KITCHEN

Mud Room Area (9' x 24') - With Laundry Room and Powder Room, ceramic tile floor, access to 3+ car garage, 2 closets, washer, dryer and utility sink

Master Bedroom Suite (14' x 28') - Main bedroom area (14' x 18') with a sliding door walk-out to flagstone patio and deck with hot tub; dressing area (14' x 10') with large walk-in closet and his and her vanity area; separate shower and commode room (not included in the measurement).
Photo of

Bedroom (15' x 14') - Walk-in and double door closet

Bedroom (13' x 11') - Double door closet

Hall Bathroom - Full bathroom with heat lamps and extra deep shower/tub

Attached Garage (38' x 24') - 3 electric garage door openers, concrete block interior walls and pull down stairs to abundant storage area

Second Floor

Bedroom (16' x 11') - with private bathroom, walk-in closet

Bedroom (15' x 11') - walk-in closet

Hall Bathroom

2 - Large Storage Rooms

Basement - Comprises over 2,200 square feet with 9' ceiling height, brick walled fireplace, walk-out to the exterior; ready for finishing

ANNUAL REAL ESTATE TAXES:


$10,862

TITLE:

In fee simple; sold free and clear of all liens

DEPOSIT:

$25,000



14111 TURKEY FOOT ROAD (LOT 28)
Rear Residential Home Site
Photos of auction property
SITE VIEW      PROPOSED HOME

SITE:

Beautiful rolling home site that backs up to park area with wonderful views! The lot is cleared, with a rolling topography and comprises 2.41370 acres, more or less.

Well yield - 14 gallons per minute

SITE PLAN (pdf - 1.0MB)
Note: This file may take some time to download.

ANNUAL REAL ESTATE TAXES:


$4,119

ZONING:

RE2, residential

IMPROVEMENT
DESCRIPTION:


Stable barn with 7 stalls, tack room and feed room

Photos of auction property
STABLE     INTERIOR

TITLE:

In fee simple; sold free and clear of all liens

DEPOSIT:

$25,000



14119 TURKEY FOOT ROAD (LOT 26)
Front Residential Home Site
Photos of auction property
SITE PHOTO #1     SITE PHOTO #2     VIEW FROM SITE     PROPOSED HOME

SITE:

Spectacular home site with great views! The lot is cleared, with a rolling topography and comprises 2.24979 acres, more or less.

Well yield - 4 gallons per minute

SITE PLAN (pdf - 1.3MB)
Note: This file may take some time to download.

ANNUAL REAL ESTATE TAXES:


$4,075

ZONING:

RE2, residential

IMPROVEMENT
DESCRIPTION:


Feed shed

TITLE:

In fee simple; sold free and clear of all liens

DEPOSIT:

$25,000


TERMS OF SALE

       Deposits payable by certified or cashier's check of $25,000 for each property, or $75,000 as an entirety, will be required of the purchaser at time and place of sale. The deposit is to be increased to 10% of the purchase price within 24 hours at the office of the Auctioneers. Balance to be paid in cash within 45 days (must occur on or before December 31, 2007). If payment of the balance does not take place within the specified time, the deposit will be forfeited and the property may be resold at the risk and expense of the defaulting 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 properties 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 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 properties, 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 Auctioneer. The purchaser agrees to waive the right of inspection for lead paint as provided under current Federal and State Law for the home at 14115 Turkey Foot Road. 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!


ADDITIONAL INFORMATION

INSPECTION:

10:30 a.m. on the day of the auction

BROKER
PARTICIPATION:

2% of the gross selling price
BROKER REGISTRATION FORM

COVENANTS AND
RESTRICTIONS:

Joint Declaration of Reciprocal Easements and Covenants (17 pages - 656 KB)

Declaration of Covenants, Conditions, Easements and Restrictions (28 pages - 1.2MB)

RECORD PLAT (1.3MB)

REFORESTATION:

The seller, at their expense, will complete all of the reforestation requirements necessary for the subdivision, including bonding, installation, warranty and final inspection.

Final Forest Conservation Plan Page 1 (2.5MB)

Final Forest Conservation Plan Page 2 (1.6MB)

Final Forest Conservation Plan Approval Letter (1 page)

Reforestation Bond Certificate (1 page)

Note: These files may take some time to download.
(Requires Acrobat Reader to view)
Click Logo to get Adobe Acrobat Reader