ABSOLUTE AUCTION Above $150,000 "Rockville" Well Located Rancher with Two Story Addition

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Listing Details

Sold Price
$265,000
Auction Date
Auction Time
11:00 AM
Address
1203 Veirs Mill Road, Montgomery County, MD, 20851
County
Montgomery County
Neighborhood
Rockville
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Donald C. Wright, Attorney
Wright Legal Group, LLC
6 E. Mulberry Street, Suite 300
Baltimore, MD 21202

 ABSOLUTE
ESTATE AUCTION

To The Highest Bidder over $150,000
                      
ROCKVILLE


WELL LOCATED RANCHER
With Two Story Addition

Sale On Premises
1203 VEIRS MILL ROAD
Between Norbeck Road and Twinbrook Parkway
Montgomery County, MD 20851


THURSDAY, MARCH 19, 2009
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.

LOCATION & DIRECTIONS:

The property is located approximately eight miles northwest of Washington, D.C., in the Rockville area of central Montgomery County, Maryland.  The neighborhood is convenient to Montgomery County and U.S. government offices and courts, White Flint, Rock Creek Park , the Capital Beltway (I-495) and Woodmont Country Club.  The Metro subway is within walking distance.  I-270 Exit 5 is about 1.5 miles west of the site.   According to the Montgomery County Public Schools web site, assigned schools are Twinbrook Elementary, West Middle School and Richard Montgomery High School.

The property is located on an access road parallel to the south side of Veirs Mill Road.  Follow Veirs Mill Road (MD-586) to Edmondston Drive south to parallel roadway, then left to property.

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

 

SITE AREA

Level, rectangular lot - 79' x 125', comprising 9,875 square feet or 0.23 acre, more or less
Chain link fenced yard
Concrete, three-car parking pad
Zoning R-60, residential
Public utilities

SUBDIVISION PLAT (pdf)

 

IMPROVEMENTS

The improvements consist of a one story rambler with a two story addition.  According to published tax records, the home was constructed in 1951 and contains 2,202 square feet.  The house needs remodeling and cosmetic repairs.

Exterior
Vinyl Siding
Composition shingle roof, aluminum rain gutters
Wooden double hung windows, aluminum storm windows and doors
Small wooden rear porch
Covered entry porch
Gazebo

First Floor

Foyer - ceramic tile

Living Room - carpeting

Dining Room - carpeting

Kitchen - ceramic tile floor, range/oven, refrigerator, double stainless steel sink, laundry room with stacking washer/dryer

Adjoining Breakfast Room - wood parquet floor

Recreation Room (former tailor shop and possibly a garage) with separate outside entrance

2 bedrooms -carpeting

2 full bathrooms - ceramic tile floors

Second Floor
Bedroom Suite - carpeting, 2 - rooms and shower-bath

Mechanical
Gas forced hot air heat
Central air conditioning

 

REAL ESTATE TAXES

2009 published real estate taxes - $7,035.67; based on the 2009 full value assessment of $468,170.

 

TITLE

In fee simple.  Deed Liber 21945, folio 363.  The property is sold free and clear of liens.

 

INSPECTION TIME

One hour prior to time of sale only.  NO PRIOR INSPECTION - tenant occupied.  Please do not disturb tenant.

 

TERMS OF SALE

A $15,000 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, 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.  Purchaser assumes the risk of loss from the date of sale forward.  The purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law.   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.

Auction by order of:
Anthony Vu, Personal Representative of the
Estate of Antoine D. Vu

Broker participation is invited.
BROKER REGISTRATION FORM (pdf)

 

FINANCING

Call for pre-qualification:

Mr. Craig Kessler
Greentree Mortgage Corporation

2 Park Center Court - Suite 200
Owings Mills, Maryland  21117
410-654-3900 direct
410-702-4511 fax
ckessler@loanofficer.com