"Annapolis - Arundel On The Bay" Waterfront Rancher 10.08± ACRES - ZONED R-2

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Listing Details

Sold Price
$475,000
Auction Date
Auction Time
11:00 AM
Address
1138 Bay Highlands Drive, Anne Arundel County, MD, 21403
County
Anne Arundel County
Neighborhood
Annapolis, Arundel On The Bay
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Martin Bruce King, Attorney
36 S. Charles Street - Suite 900
Baltimore, MD 21201

ESTATE SALE
                     
ANNAPOLIS
"Arundel On The Bay"

WATERFRONT RANCHER
4+ Bedrooms/4 Baths ◆ 2 Fireplaces ◆ 3,366± Sq. Ft.

 

Spectacular Hidden Gem
10.08± ACRES ★ ZONED R-2

1138 BAY HIGHLANDS DRIVE
Off 3200 Block of Arundel on the Bay Road
Anne Arundel County, MD 21403


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.

LOCATION & DIRECTIONS:

Arundel on the Bay is a quiet scenic water-oriented community, situated just south of Eastport and only minutes from the Annapolis town center.  The community is bordered by the Chesapeake Bay to the south, east and west.  Community houses vary greatly in age, size and architectural design.  Neighboring waterfront homes range from summer bungalows to newly constructed luxury estate homes.  Nearby are numerous restaurants, shopping centers and specialty shops and work centers.  Highway access to MD-50 & I-97 is less than 8 miles to the north via Forest Drive (becomes MD-665).  Nearby public parks include Thomas Point Park and Quiet Waters Park. 


For a list of the nearby public schools, go to the Anne Arundel County school locator web site,
http://aacoprod.aacounty.org/MyAA/pages/myAA.jsp?display=schools.


For more information on Annapolis, visit: 
http://www.visit-annapolis.org


For more information on Arundel on the Bay, visit:
http://www.arundelonthebay.org/index.html  and

http://en.wikipedia.org/wiki/Arundel_on_the_Bay,_Maryland

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


Photos of auction property

 

SITE AREA

Wooded and secluded lot comprising 10.08 acres, more or less. 


The property is surrounded by Blackwalnut Creek on three sides

 


 


Private well and septic system


Tree-Lined Private Drive
Photos of auction property


Circular driveway
Photos of auction property


Concrete block storage building


Brick Barbeque


LEGAL DESCRIPTION (pdf)


DEED COMPOSITE DRAWING (pdf)


Tax Map:
Photos of auction property
 

 

IMPROVEMENTS

Contemporary rancher, circa 1968, comprising 3,366 square feet of main living area and 3,366 square feet of basement area (according to SDAT tax records).  The home is in need of some updating and minor repairs.


Exterior
All brick facade
Wood double-glazed double-hung windows
Composition shingle roof with aluminum rain spouts
Concrete block foundation
Concrete driveway surrounding the whole house
Carport
Photos of auction property


Interior
Drywall interior walls
Hardwood flooring throughout most of the main level
Slate flooring in the entry foyer and the hallways


Main Level

  • Great Room - oversized wood burning fireplace (mantle, hearth and electric heatilator), built-in book shelves, ceiling fan

     


     

  • Formal Dining Room - ceiling fan
    Photos of auction property
     
  • Updated Eat-in Kitchen - Jenn-Air double wall oven, Jenn-Air 4-burner cooktop, dishwasher, Kenmore side-by-side refrigerator/freezer, painted wood cabinetry, no-wax floor, ceiling fan

     


     

  • Master Bedroom - ceiling fan, 2 double door closets
    Photos of auction property
     
  • Master Bathroom - remodeled bathroom with ceramic tile floor and wainscot, shower stall
    Photos of auction property
     
  • Bedroom - interior access to full bathroom, closet

     


     

  • Bedroom - interior access to buddy bathroom, double door closet
    Photos of auction property
     
  • Bedroom - interior access to buddy bathroom, double door closet
    Photos of auction property
     
  • Center Atrium - sliding door access on all four sides, spiral staircase to basement

     


     

  • Rear entry hallway from carport - access to full bathroom, 2 double door closets


Basement

  • Very large L-Shaped Recreation Room - oversized wood burning fireplace (mantle, hearth and electric heatilator)

     


     

  • 4 - Paneled Rooms

     


     

  • Full Bathroom - ceramic tile flooring and wainscot
    Photos of auction property
     
  • Furnace Room
     
  • Utility Room


Mechanical
Oil forced hot air heat
Central air conditioning
2 - 200 ampere circuit breaker boxes
Central alarm system

 

ZONING

R2- residential


For information on Anne Arundel County zoning: 
http://www.aacounty.org/planzone/zoning/index.cfm#.UkokrqLD8dU

 

REAL ESTATE TAXES

Annual Real Estate Taxes - $8,353 (based on a full value tax assessment of $1,191,500).  Purchasers may petition for a reduction in the assessment of their property in conjunction with a purchase price substantially less than the currently assessed value of the property. Purchasers are encouraged to contact SDAT concerning the appeals process and may see the following link for helpful information: http://www.dat.state.md.us/sdatweb/appeal.html.

 

INSPECTION TIME

By appointment.

 

TERMS OF SALE

Deposit of 10% of the purchase price payable by certified or cashier's check of $25,000 will be required of the purchaser at time and place of sale.   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 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. 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, 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, except where otherwise mandated by local, State or Federal law.  Time is of the essence.


NO BUYER'S PREMIUM!


Auction by order of:

Angela N. Callahan, Personal Representative of the

Estate of Maude B. Callahan and Co-Trustee of the Callahan Living Trust

and William H.H. Callahan, Co-Trustee of the Callahan Living Trust

 

FINANCING

Call for pre-qualification and financing options:

Mr. Craig Kessler
Freedmont Mortgage Funding

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


For a list of additional auction-oriented lenders, see our Financing Page.

For all other information please call 410-296-8440
OR EMAIL info@ajbillig.com