ABSOLUTE ESTATE AUCTION To The Highest Bidder Above $40,000 "Bladensburg" Updated Garden Condominium Unit

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Listing Details

Sold Price
$62,000
Auction Date
Auction Time
1:30 PM
Address
Unit 103 - 5205 Newton Street, Prince Georges County, MD, 20710
County
Prince Georges County
Neighborhood
Bladensburg
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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ShaRon M. Grayson Kelsey, Attorney
9200 Basil Court - Suite 550
Largo, Maryland 20774

ABSOLUTE ESTATE AUCTION
To Highest Bidder Above $40,000!
                          
BLADENSBURG

1.25 Miles Northeast of Washington, DC

Updated, Garden
CONDOMINIUM UNIT

Sale On Premises
UNIT 103
5205 NEWTON STREET

"Bladenwoods Condominiums"
Near Baltimore-Washington Parkway & MD-202
Prince Georges Co., MD 20710


WEDNESDAY, MAY 20, 2009
AT 1:30 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.

LOCATION & DIRECTIONS:

Great location, convenient to many destinations, just minutes from the Baltimore-Washington Parkway (MD-295), I-50, I-95 and Washington, DC.  Public schools are within one mile.  Abundant shopping and restaurants  are nearby.  The building is near the MTA bus line and the "Orange Line" subway stop.


For more information on Bladensburg, visit: http://www.bladensburg.com

From the Baltimore-Washington Parkway (MD-295), exit at MD-202 (Landover Road) towards Bladensburg (west).  Travel one block to 57th Avenue and turn left.  Go one block to Newton Street and turn right.  Follow several blocks to the building on the right.

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

 

CONDOMINIUM AMENITIES:

Security entry, community swimming pool, bath house, playground, basketball court

The site is serviced by public water, public sewer and natural gas

LOCATION PLAT (pdf)

 

IMPROVEMENTS

Attractive apartment condominium unit features new wall-to-wall carpeting throughout, freshly painted interior, updated kitchen and covered balcony, gas forced hot air heat and central air conditioning.

The unit contains a foyer, living room combination (with ceiling fan and sliding door access to a covered balcony), updated kitchen (with new hardwood flooring, refinished wooden cabinetry, new countertops, new stainless steel sink, 4-burner range/oven, dishwasher, refrigerator/freezer), bedroom, den and hall bathroom (with new vanity and lighted mirror).  There is also a basement storage locker for the unit and a common laundry room.

Photos of auction property
LIVING/DINING ROOM     BEDROOM     BATHROOM
KITCHEN PHOTO #1     KITCHEN PHOTO #2

 

REAL ESTATE TAXES

$1,462 (Full value assessment of $84,000)

 

CONDOMINIUM or HOMEOWNER ASSOC

$224/month.  Condominium fee includes the recreational facilities, swimming pool, ground maintenance, trash removal, snow removal, heat, public water and sewer charges and reserve fund.

 

TITLE

In fee simple; sold free and clear of all liens

 

INSPECTION TIME

12:30 p.m. on the day of the auction

 

TERMS OF SALE

Deposit payable by certified or cashier's check of $5,000 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, condominium fees 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. Condominium documents are available for inspection at the office of the Auctioneers.  The purchaser waives their right of rescission as provided by Maryland Law.  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, the Bladenwoods condominium association by-laws, 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 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!


ShaRon M. Grayson Kelsey, Personal Representative
for the Estate of Rosetta V. Brown (a/k/a Rosetta V. Carter)


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

or

Jeffrey Roes
Charles Schwab & Co., Inc./Charles Schwab Bank

Vice President - Financial Consultant
1853 William Penn Way #12
Lancaster, Pa 17601
Toll free: 888-218-9741
Local: 717-394-3515
Fax: 717-392-4265