410-296-8440
www.ajbillig.com
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Absolute Auction Over $20,000 "Arlington - Columbia Knolls Condominiums" Condominium Unit

14478_dickerson750u8_building1.jpg

Listing Details

Sold Price
$175,000
Auction Date
Auction Time
12:00 PM
Address
750 S. Dickerson Street, Unit Number 8, Arlington, VA, 22204
County
Arlington
Neighborhood
Arlington, Columbia Knolls,
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REAL ESTATE AUCTION

ABSOLUTE TRUSTEE'S SALE
To the Highest Bidder Over $20,000

 

ARLINGTON
"Columbia Knolls Condominiums"
- Near Bailey's Crossroads -

 

Three Bedroom - Two Bath
CONDOMINIUM UNIT

Sale on Premises
750 S. DICKERSON STREET
UNIT NUMBER 8
Near 4900 Columbia Pike
ARLINGTON, VIRGINIA 22204


FRIDAY, FEBRUARY 25, 2011
AT 12:00 NOON


        NOTE: 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. All dimensions and acreage contained herein are more or less.

LOCATION & DIRECTIONS:

The Columbia Knolls Condominiums are a collection of mid-rise buildings nestled among other similarly situated buildings and townhomes. The buildings are proximate to Columbia Pike, just east of 4 Mile Run Drive S. The Pentagon City Metro Station and commercial center is approximately three miles to the east, and the Crystal City Metro Station and commercial center is another half-mile further. Multiple ART and MetroBus stops are within walking distance. Abundant shopping and entertainment are close-by at Bailey's Crossroads and along Columbia Pike.

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

 
The landscaped Columbia Knolls grounds include an outdoor pool, basketball court, tennis court, picnic area, playground party room and community laundry facility. Unassigned permit parking is readily available. Additional information about the Association will be provided once the Resale Package has been received.

 

BUILDING:

750 S. Dickerson Street is a brick five-story building containing 64 condominium units, and features secured covered entry, elevator and surface parking for approximately 65 vehicles. Additional parking is available along the side and rear of the building. Property management by Legum & Norman, Inc.

 

UNIT:

Ground level unit with interior and exterior entrances, contains 1,510 square feet. The property is arranged for an open living room and dining room, galley kitchen, master bedroom with en-suite bath, two hall bedrooms and hall bath. Electric heat pump and CAC.

 

REAL ESTATE TAXES

2010 published real estate taxes are $1,692, based on a full value assessment of $176,600.

 

CONDOMINIUM or HOMEOWNER ASSOC

Monthly fee of $641 per month includes electricity, heat, central air conditioning, water, exterior building and grounds maintenance, master insurance policy, snow and trash removal, pool and common grounds.


Condominium documents are available upon request. Please send a request to info@ajbillig.com.

 

TITLE

In fee simple, sold free and clear of all liens.

 

INSPECTION TIME

1 hour prior to 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 shall be increased to 10% of the purchase price within 72 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 Virginia 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, "Columbia Knolls" Association by-laws, restrictions or covenants of record affecting same, if any. Purchaser assumes 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 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!


Sale by the order of:
Anne F. Reap Revocable Living Trust by Anne F. Reap Trustee


Broker participation is invited.
BROKER REGISTRATION FORM (pdf)


Virginia broker license #2905001555

 

FINANCING

Call for pre-qualification:

Mr. Craig Kessler
Freedmont Mortgage Funding

50 Scott Adam Road
Hunt Valley, Maryland  21030
410-654-3900 direct
410-702-4511 fax
craig@greatloanofficer.com

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