Absolute Auction Above $249,000 "Arnold - College Manor" Two Story Colonial Home 3 Bedrooms, 2.5 Baths, Garage

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Listing Details

Sold Price
$291,000
Auction Date
Auction Time
11:00 AM
Address
392 Stanford Court, Anne Arundel County, MD, 21012
County
Anne Arundel County
Neighborhood
Arnold, College Manor
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Morris L. Garten, Attorney
FEDDER AND GARTEN, P.A.
36 S. Charles Street- Suite 2300
Baltimore, MD 21201-3177

★ ABSOLUTE ★
ESTATE AUCTION
To the Highest Bidder Above $249,000
                
ARNOLD
"College Manor"

Two Story, Porchfront
COLONIAL HOME
3 Bedrooms ◆ 2.5 Baths ◆ Garage

Sale On Premises
392 STANFORD COURT
College Parkway to College Manor Drive
west one block to Stanford Court
Anne Arundel County, MD 21012

FRIDAY, JULY 19, 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:

392 Stanford Court is located east of Governor Ritchie Highway (MD-2) and north of US Route 50, in the Arnold-Cape St. Claire peninsula of eastern Anne Arundel County.  The surrounding "College Manor" subdivision is located along the south side of Anne Arundel Community College.  The neighborhood is within one mile of the Severn and Magothy Rivers, with numerous recreational opportunities.  Bay Hills Golf Club, Baltimore and Annapolis Trail (hiking and biking), Chesapeake Bay and historic Annapolis are all nearby.


According to the Anne Arundel County government web site, nearby public schools are Arnold Elementary, Severn River Middle and Broadneck High.


There is an annual homeowners association fee of approximately $72. 
COMMUNITY ASSOCIATION DOCUMENTS (pdf)

For additional information about College Manor:
http://www.collegemanorbanner.net/3.html

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

 

SITE AREA

Level lot - 0.19 acre
Zoning R-5, residential
Public water and sewer, electricity, cable tv, telephone
Fenced rear yard


SUBDIVISION PLAT (pdf)

 

IMPROVEMENTS

Two Story Colonial Home - according to public tax records, the home was constructed in 1982 and contains 1,845 square feet of living area and 221 square feet of garage space. 


The home was occupied by the original homeowner.  The roof, siding and windows were updated in the last 5 years.  The interior needs cosmetic repairs, including painting and floor coverings.


Exterior
Vinyl siding
Vinyl double hung windows
Composition shingle roof
Constructed on concrete slab at grade
Covered front porch
Rear screened porch with ceiling fan
Concrete patio
One-car attached garage


First Floor

  • Foyer - vinyl floor, coat closet
  • Living Room - concrete sub-floor
  • Dining Room - concrete sub-floor
  • Kitchen - vinyl floor, white cabinets, laminate counters, electric range/oven, dishwasher, refrigerator/freezer
  • Family Room - laminate floor, brick fireplace, cathedral ceiling, sliding doors to screened porch
  • Laundry/Mechanical Room - washer and dryer
  • Half-Bath - vinyl floor


Second Floor

  • Master Bedroom - sub-floor, full ceramic tile Master Bath
  • Bedroom #2 - sub-floor
  • Bedroom #3 - sub-floor
  • Linen Closet
  • Full ceramic tile Hall Bath


Mechanical
Carrier electric heat pump and central air conditioning (approximately 2 years old)
50-gallon electric water heater
200-ampere electrical service

 

REAL ESTATE TAXES

Published annual real estate taxes for 2012-2013 are $3,707.

 

TITLE

The property is in fee simple and will be sold free and clear of liens.  Anne Arundel County Deed Liber 3748, Folio 295.  Being known and designated as Lot No. 8, Plat One, College Manor, as per plat thereof recorded in Plat Book 75, Folio 30, among the Land Records of Anne Arundel County, Maryland.

 

INSPECTION TIME

One hour prior to auction or by appointment with the Auctioneers - phone 410-296-8440, email info@ajbillig.com.

 

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 by Monday, July 22 at 12:00 Noon, 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 subject to easements, agreements, restrictions or covenants of record affecting same, if any, including the Declaration, Bylaws, Covenants, Rules and Regulations of the College Manor Homeowners Association, if any.  Purchaser waives any right of rescission under Maryland Homeowners Association Law, if applicable.  Purchaser assumes the risk of loss from the date of sale forward.  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 except where otherwise mandated by local, State or Federal law.  Time is of the essence.


No buyer's premium.


Auction by order of:
Dawn McConnell, Personal Representative
of the Estate of Ronald W. Moreland

 

FINANCING

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