ABSOLUTE ESTATE AUCTION "Bowie, MD" Brick Rancher and Additional Lot

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Listing Details

Sold Price
$125,000
Auction Date
Auction Time
2:00 PM
Address
14600 Old Stage Road, Prince Georges County, MD, 20720
County
Prince Georges County
Neighborhood
Bowie
Scroll down for Complete Details, including: property description and Terms of Sale.

Evelyn O. A. Darden, Attorney
Addison-Darden, PC
Chatham Executive Office Park
1412 Crain Highway N. - Suite 1B
Glen Burnie, Maryland 21061

ABSOLUTE ESTATE AUCTION
To The Highest Bidder - Regardless of Price!
                    
BOWIE, MD


BRICK RANCHER
(In Poor Condition)
and
ADDITIONAL LOT

Sale On Premises
14600 OLD STAGE ROAD
Off 5200 Church Road
Just North of US-50
Prince Georges County, MD 20720


THURSDAY, JULY 10, 2008 AT 2:00 P.M.


      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.

 

GENERAL INFORMATION

 

LOCATION & DIRECTIONS:

Great location, less than 7 miles from I-495 and the New Carrollton Metro Station (Marc Train and subway station), 15 minutes from Washington, DC. The site is adjacent to the Old Stage Knolls upscale home subdivision. Public schools are in close proximity. Abundant shopping and restaurants are within minutes in the Bowie Town Center and numerous additional area shopping centers.

For more information on the Bowie Town Center, visit:
http://www.simon.com/mall/mall_info.aspx?ID=744


Neighboring Houses:

From US-Route 50 (Exit 11), go north on MD-197 approximately 1.5 miles to Annapolis Rd. (MD-Route 450) and turn left. Travel 2 blocks to Church Road and turn left. Continue 0.7 mile to Old Stage Road and turn left. Follow to the end of Old Stage Road (becomes a dirt road) and the properties will be on your left.

For directions from your location, visit: map.live.com

 

PUBLIC SCHOOLS:

Whitehall Elementary
Samuel Ogle Middle
Bowie High

 

14600 OLD STAGE ROAD
(Home Site)

 

IMPROVEMENT DESCRIPTION:

All brick rancher that is in poor condition and currently not habitable. Total renovation is required. In the rear of the site is a shed barn.
Photos of auction property
PHOTO OF HOUSE     PHOTO OF BARN

 

SITE:

The property is identified in Tax Map 54, Grid E1, Parcel 47, Tax ID 07-0739284). The property comprises 1.0 acre, more or less. The site is serviced by a well and private septic system.

 

ZONING:

RE, residential estate

For additional information about Prince Georges County, visit:
http://www.co.pg.md.us/index.asp

or click:
ZONING DESCRIPTION (pdf)

 

ANNUAL REAL ESTATE TAXES:

$2,978

 

TITLE:

In fee simple; sold free and clear of all liens

 

INSPECTION:

1:00 p.m. on the day of the auction

 

PARCEL 31, TAX MAP 54, GRID F1
(Adjacent Residential Lot)

 

SITE:

Unimproved residential lot comprising 1.0 acre, more or less. Tax ID: 07-0739284, full value assessment $71,250.

 

ZONING:

RE, residential estate

For additional information about Prince Georges County, visit:
http://www.co.pg.md.us/index.asp

or click:
ZONING DESCRIPTION (pdf)

 

ANNUAL REAL ESTATE TAXES:

$1,111

 

TITLE:

In fee simple; sold free and clear of all liens

 

MANNER OF SALE:

Both properties will be sold as an entirety only.

 

TERMS OF SALE:

A $15,000 deposit payable by certified or cashier's check of 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. 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 property 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 Estate, the Personal Representative, 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 Auctioneer. The purchaser agrees to waive the right of inspection for lead paint as provided under current Federal and State Law. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser. TIME IS OF THE ESSENCE. NO BUYERS PREMIUM!


Broker participation is invited.
BROKER REGISTRATION FORM

Ordell Johnson, Personal Representative
for the Estate of Norman A. Johnson