"Olney" Desirable, Bi-Level Condominium Unit Fireplace - Decks - Waterview "The Fair Hill Condominium - a/k/a Waterview Condominiums"

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Listing Details

Sold Price
$166,000
Auction Date
Auction Time
2:00 PM
Address
18239 Leman Lake Drive, Montgomery County, MD, 20832
County
Montgomery County
Neighborhood
Olney
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Terry K. Sullivan, Esquire
Holloway and Sullivan, LLC
10 N. Calvert Street - Suite 200
Baltimore, Maryland 21202

GUARDIAN'S SALE
AT PUBLIC AUCTION
             
OLNEY
"The Fair Hill Condominium"
a/k/a "Waterview Condominiums"

Desirable, Bi-Level
CONDOMINIUM UNIT
Fireplace
DecksWaterview

Sale On Premises
18239 LEMAN LAKE DRIVE
Off Spartan Road
2 Blocks East of Georgia Avenue (MD-97)
Montgomery County, MD 20832

FRIDAY, SEPTEMBER 20, 2013
AT 2:00 P.M.


    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 CONTAINED HEREIN ARE MORE OR LESS.

LOCATION & DIRECTIONS:

Great location, within walking distance of shopping, restaurants, public transportation and  MedStar Montgomery Medical Center.  The Inter-County Connector (MD-200) is located just 2 miles to the south, Rockville 15 minutes to the southwest and 11 miles south of I-70.  Community amenities include a bike trail, jogging path, swimming pool, community center, playground, tennis courts and more.


For more information on Olney, visit:
http://en.wikipedia.org/wiki/Olney,_Maryland

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

 

IMPROVEMENTS

Attractive upper level bi-level condominium end-unit, constructed in 1987, comprising 1,145 square feet, according to tax records.  Known as Unit #501B, features include double glazed windows, wood burning fireplace, 2 waterview decks, gas forced hot air heat, central air conditioning.  There is one assigned parking space for the unit (#207). The unit is arranged as follows:


Main Level

  • Entry Foyer with ceramic tile floor
  • Living Room
  • Den with built-in book cases and sliding door walk-out to a pond view deck
  • Kitchen with GE 5-burner range/oven, GE built-in microwave oven, GE dishwasher, refrigerator/freezer and a disposal
  • Den or Dining Room with a marble surround wood burning fireplace and walk-out to a pond view deck
  • Powder Room


Upper Level

  • Master Bedroom with skylight and pond view
  • Second Bedroom
  • Full Bathroom with ceramic tile flooring and wainscot
  • Hallway - laundry closet with stacking washer and dryer and separate linen closet

 

REAL ESTATE TAXES

2013-2014 published annual real estate taxes are $1,672 based on a full value tax assessment of $200,000.

 

CONDOMINIUM or HOMEOWNER ASSOC

The Fair Hill Condominium (a/k/a Waterview Condominium) - $245/month


Condominium Documents
Please click each of the following links to view the document.


Environ Homeowner Association - $90 per quarter

 

TITLE

The property is being sold in fee simple, free and clear of all liens and encumbrances.

 

INSPECTION TIME

Sentrilock or call for appointment.

 

TERMS OF SALE

Deposit payable by certified or cashier's check of $10,000 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, September 23 at 12:00 Noon at the office of the Auctioneers.  Balance to be paid in cash at settlement, which shall take place 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, homeowner association dues, 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 Fair Hill Condominium (a/k/a Waterview Condominium) documents and Environ Homeowner Association documents are available for inspection at our office or by email.  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, The Fair Hill Condominium (a/k/a Waterview Condominium) and Environ Homeowner Association declarations and by-laws,  restrictions or covenants of record affecting same, if any.  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.  Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser. TIME IS OF THE ESSENCE.


Auction by order of:
Terry Sullivan, Guardian of Jean N. Pedersen

 

FINANCING

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