"Upper Marlboro - Kings Council" Two Story Townhouse Condo Unit 2 Bedrooms, 2.5 Baths, Garage


Listing Details

Sold Price
Auction Date
Auction Time
10:30 AM
Auction Note
Sold Prior To The Auction
4927 King Patrick Way, Unit 502, Upper Marlboro, MD, 20772
Prince George's County
Upper Marlboro, Kings Council
Scroll down for Complete Details, including: property description and Terms of Sale.

Sold Prior To The Auction


Rescheduled Due to Prior Purchaser Default
"Kings Council"

2 Bedroom ◆ 2.5 Bath

With Garage

Sale On Premises
Unit 502
Prince George's County, MD 20772

AT 10:30 A.M.

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      Two story vinyl sided townhome was constructed in 1994 and is believed to contain 1,624 square feet of living area, according to public tax records, including a foyer with 30' ceiling, living room/dining room combination, kitchen and half-bath on the first floor, 2 bedrooms and 2 baths on the second floor; gas forced air heat and central air conditioning; one-car attached garage.  Condominium fee is approximately $130/month and HOA fee is approximately $90/year; in fee simple.  Community amenities include an inground swimming pool.

Condominium Resale Package:
Click the link to open the document in PDF format.

      TERMS OF SALE:  A $5,000 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.


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