"Cumberland" One Story Bungalow

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Listing Details

Sold Price
$19,760
Auction Date
Auction Time
11:00 AM
Address
320 Reservoir Avenue, Allegany County, MD, 21502
County
Allegany County
Neighborhood
Cumberland
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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REAL ESTATE AUCTION
                          
CUMBERLAND

ONE STORY BUNGALOW

Sale On Premises
320 RESERVOIR AVENUE
Allegany County, MD 21502

TUESDAY, DECEMBER 3, 2013
AT 11:00 A.M.

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


       One story aluminum sided home contains a living room (11' x 11'), kitchen (11' x 11'), master bedroom (14' x 14'), bedroom #2 (10' x 11'), bedroom #3 (10' x 11'), full bathroom, mud room; gas baseboard hot water heat and central air conditioning. According to public tax records, the home was built in 1915 and contains 910 square feet of living area, 832 square feet of basement space. Lot size 50' x 100', more or less. In fee simple.

Interior Photos:

 


 


       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.


      TERMS OF SALE:  A $2,500 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 within 24 hours 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 8% per annum, from date of sale to date of settlement.  All adjustments, including taxes, condominium or homeowners association fees, if any, all other public charges and assessments payable on a monthly or 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.   Purchaser agrees to waive any right of rescission under Maryland Homeowners Association and/or Condominium Law, if applicable.  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.  A 4% buyer's premium will be added to the final bid price.



FINANCING:

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