Absolute Auction Above $25,000 "Jessup - The Cedars" Residential Lot

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Listing Details

Sold Price
$25,000
Auction Date
Auction Time
11:00 AM
Address
Lot 132 - Wye Avenue, Howard County, MD, 20794
County
Howard County
Neighborhood
Jessup, The Cedars
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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★ ABSOLUTE AUCTION ★
To Highest Bidder Above $25,000
              
JESSUP
"The Cedars"

RESIDENTIAL LOT

Sale On Premises
LOT 132 - WYE AVENUE
(Adjacent to 7263B Wye Ave.)
1 Mile Southeast of I-95 & MD-175
Howard County, MD 20794

THURSDAY, AUGUST 29, 2013
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 & DIRECTIONS:

Convenient location, just west of Washington Blvd (US-1), east of I-95 and south of MD-175.  "The Cedars" subdivision is a quit community of detached homes of varying ages and styles.    Abundant shopping and restaurants are within minutes along MD-175 and US-1 and nearby Columbia and Laurel. For information about Howard County public schools, visit: https://hcpss2.securesites.net/SchoolLocator.


For additional information about Jessup, visit:
http://www.city-data.com/city/Jessup-Maryland.html

Directions: From I-95 and MD-175, travel east on MD-175 0.5 mile to Washington Blvd. (US-1). Turn right on US-1 and travel 0.25 mile to Donald Ave. (at the Red Roof Inn) and turn right. Follow about one block to Wye Ave. and turn right. The property is towards the end of Wye Ave. on the right side, adjacent to 7263B Wye Avenue.
For directions from your location, visit: maps.google.com

 

SITE AREA

40' x 150', more or less
Mostly level and wooded
Howard County Tax Account No. 06-450563
Tax Map 0043, Grid 0008, Parcel 0479, Lot 132
Public water and sewer are in front of the property


SUBDIVISION PLAT (pdf)

WATER/SEWER EASEMENT (pdf)

 

ZONING

RSC


For more information on the zoning, contact the Howard County - Planning & Zoning Office:
http://www.howardcountymd.gov/Departments.aspx?id=163

 

REAL ESTATE TAXES

Published annual real estate taxes for 2013-2014 are $423

 

TITLE

The property is in fee simple and sold free and clear of liens.  Deed Liber 12602, folio 241

 

TERMS OF SALE

A $2,500 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 sale to date of settlement.  All adjustments, including taxes, all other public charges and assessments payable on an annual basis, and 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, and sold subject to the existing zoning, easements, agreements, restrictions or covenants of record affecting same, if any.  Purchaser assumes the 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 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.  Time is of the essence.


No buyer's premium.

 

FINANCING

See our Financing Page for a list of auction-oriented lenders.