ABSOLUTE AUCTION ABOVE $360,000 "North Bethesda - Rockville - Stoneybrook" Two Story Townhome with 2 Bedrooms and 3.5 Baths

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Listing Details

Sold Price
$406,000
Auction Date
Auction Time
1:30 PM
Address
4821 Cloister Drive, Montgomery County, MD, 20852
County
Montgomery County
Neighborhood
North Bethesda, Rockville, Stoneybrook
Scroll down for Complete Details, including: property description and Terms of Sale.

 ABSOLUTE AUCTION
To the Highest Bidder Above $360,000
                                  
NORTH BETHESDA

       ROCKVILLE       
"Stoneybrook"

TWO STORY TOWNHOME
2 Bedrooms  3.5 Baths

 

Recent Stoneybrook Units Sold in
2009-2010 for $585,000 to $612,500

Sale On Premises
4821 CLOISTER DRIVE
Off Tuckerman Lane, Montgomery County, MD 20852

WEDNESDAY, JUNE 23, 2010
AT 1:30 P.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:

Stoneybrook is a townhouse community, located east of Rockville Pike (MD-355), north of the Capital Beltway (I-495), south of Strathmore Avenue and west of Rock Creek Park.  According to the Montgomery County Public Schools web site, nearby public schools are Garrett Park Elementary, Tilden Middle and Walter Johnson High.  The neighborhood is convenient to Metro subway service, shopping, employment centers and recreational facilities.

For directions from your location, visit: maps.google.com

 

SITE AREA

Lot size 22' x 70'

Zoning - Residential

Public water and sewer

SUBDIVISION PLAT (pdf)

 

IMPROVEMENTS

Two story inside-group townhome, constructed in 1983 and containing approximately 1,618 square feet of living area and 814 square feet of basement space.  The home has a brick front and vinyl siding rear.  The home is believed to contain a living room, dining room, eat-in kitchen and powder room, on the first floor.  Two bedrooms and two full baths on the second floor.  Full Basement with family room, full bath and laundry/utility room.  Electric heat pump and central air conditioning.  Rear deck.

 

REAL ESTATE TAXES

Published 2010 annual real estate taxes are $6,141.91.

 

CONDOMINIUM or HOMEOWNER ASSOC

Fee: $150/month


To view the resale package, please send your contact information (name, phone, email, etc.) to rachel@ajbillig.com or call: 410-752-8440.

 

TITLE

The property is sold in fee simple, free and clear of all liens.  Deed Liber 36677, folio 115.

 

INSPECTION TIME

Restricted access - one hour prior to the time of sale only.

 

TERMS OF SALE

A $25,000 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 within 45 days.  If payment of the 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, homeowners association fees, 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 subject to easements, agreements, restrictions or covenants of record affecting same, if any, including the Constitution and Bylaws of the Stoneybrook Homeowners Association.  Purchaser shall be responsible for obtaining physical possession of the property and assumes the risk of loss or damage to the property from the date of sale forward. The purchaser agrees to waive the right of rescission under the Maryland Homeowners Association Act.   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.


Broker participation is invited.
BROKER REGISTRATION FORM (pdf)

 

FINANCING

Call for pre-qualification:

Mr. Craig Kessler
Equity Mortgage

2 Park Center Court - Suite 200
Owings Mills, Maryland  21117
410-654-3900 direct
410-581-5814 fax
ckessler@equitymortgagelending.com