Absolute Auction "MD Eastern Shore" Circa 1872 Historic Home

12885_railroad11_front.jpg

Listing Details

Sold Price
$70,000
Auction Date
Auction Time
11:00 AM
Address
11 Railroad Avenue, Dorchester County, MD, 21631
County
Dorchester County
Neighborhood
East New Market
Scroll down for Complete Details, including: property description and Terms of Sale.

Terry K. Sullivan, Attorney
Holloway, Sullivan & Chernack, LLC
The Equitable Building, Suite 200
10 N. Calvert Street, Baltimore, MD 21202

GUARDIAN’S ABSOLUTE AUCTION
To The Highest Bidder - Regardless of Price!
                                                  
MARYLAND EASTERN SHORE

“East New Market”

Circa 1872 Historic Home
TWO STORY CENTER HALL COLONIAL
Known As
“Andrew House” in the Maryland Historic Trust
State Historic Sites Inventory

& Remaining Victorian-Style
ANTIQUE FURNISHINGS
To Be Sold As An Entirety Only 

Sale On Premises
11 RAILROAD AVENUE
East New Market, Dorchester County, MD 21631

FRIDAY, FEBRUARY 15, 2008
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.

          Pursuant to an Order of the Circuit Court for Dorchester County passed in the matter of Frances Anderson for the Appointment of a Guardian of the Property, Case No. C-07-15187, the undersigned Guardian will sell at public auction, the following:

 

Real Estate 

LOCATION & DIRECTIONS:

The property is located in East New Market, situated in northern Dorchester County, northeast of Cambridge and southwest of Federalsburg.  East New Market is a picturesque rural village, with a small business district and historic architecture.  11 Railroad Avenue (MD-14) is situated one block west of Main Street.



For directions from your location, visit: MAPQUEST 

 

HISTORY

Known as the Andrew House and Frances Anderson House, the property is listed as Site No. D-688 in the Maryland Historic Trust State Historic Sites Inventory. 
 
HISTORIC INVENTORY FORM (pdf)

 

SITE AREA

0.29 acre, more or less
Zoning R-1
Utilities - electricity, public water and sewer are available


 

IMPROVEMENTS

Two story aluminum sided center hall colonial home, has rear extension, covered front porch, composition shingle roof, wooden double hung windows, screened porch and off-street parking. Interior finishes are plaster walls and wood plank flooring.

First Floor
Foyer
Living Room with fireplace
Parlor
Dining Room
Country Kitchen
Half-Bath
Laundry/Utility Room

Second Floor
3 - Bedrooms
Dressing Room
Den
Full Bath

Mechanical
Electric baseboard heat
Gas water heater
Circuit breakers

The home needs updating and cosmetic repairs.
 

 

REAL ESTATE TAXES

2007 - $1,413 

 

TITLE

The property is in fee simple and sold free and clear of liens.

 

INSPECTION TIME

From 10:00 a.m. on the day of sale.

 

TERMS OF SALE

A $7,500 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 by 12 noon on Monday, February 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.

Broker participation is invited.
BROKER PARTICIPATION FORM
 

 

TERMS OF SALE

See above - separate terms for Real Estate and Personal Property.