"Linthicum"

Residential Development Parcel
1.98 +/- Acres, Zoned R5
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Listing Details

Auction Date
Friday,
Auction Time
11:00 AM
Address
100 Governors Gate Lane, Linthicum, MD, 21090
County
Anne Arundel County
Neighborhood
Linthicum
Preliminary Site Plan
Prior Deed - Granting Right of Way
Financing
See our Financing Page for a list of auction-oriented lenders.
Scroll down for Complete Details, including: property description, additional photos, Terms of Sale and more.

Additional Photos

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REAL ESTATE AUCTION
$75,000 Suggested Opening Bid

LINTHICUM

RESIDENTIAL
DEVELOPMENT PARCEL
Former North Linthicum Swim Club

1.98± Acres ◆ Zoned R5

Sale On Premises
100 GOVERNORS GATE LANE
Within Harold Dorness Overlook Park
Anne Arundel County, MD 21090

FRIDAY, MARCH 27, 2015
AT 11:00 A.M.

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.

LOCATION:
The property is situated in northern Anne Arundel County, north of the Baltimore Beltway (I-695), west of MD-170, east of the Baltimore-Washington Parkway (MD-295) and south of Nursery Road. The site is located within Harold Dorness Overlook Park, adjacent to the Colonial Drive subdivision.  The surrounding neighborhood is a mixture of single family detached homes.   The parcel is private and quiet, surrounded by parkland.  Nearby linkage to major highways provides excellent access to employment centers in Baltimore, Washington and areas between.

SITE:
The parcel is rectangular, fronting approximately 300' along Hampton Road, by a depth of 287', comprising approximately 86,100 square feet or 1.98 acres.  Current access is from Governors Gate Lane within Overlook Park.  A preliminary site plan has been prepared with contemplated access from Hampton Road.  The preliminary plan provides for 5 home sites: Preliminary Site Plan.

Zoning R5, five dwelling units per acre.
For more information, see the Anne Arundel County Zoning Code.

Public water and sewer, electricity and telephone are in the property.

The property was formerly operated as a swim club by the North Linthicum Recreation Club, Inc.  The swimming pool has been filled in.  A one story concrete block service building, approximately 24' x 32', remains.  The parcel is chain link fenced.

TITLE:
The property is in fee simple and sold free and clear of liens.  Anne Arundel County Deed Liber 21990, Page 443.

TAX INFORMATION:
Anne Arundel County Tax Account No. 10039000
Tax Map. 4, Grid 3, Parcel 876
Published annual real estate taxes are $1,803.28, based on a full value assessment of $169,800.

TERMS OF SALE:
A $10,000 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 by 12:00 Noon, Monday, March 30, 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 12% per annum, from date of sale to date of settlement.  All adjustments, including taxes, all other public charges and assessments payable on an 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 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 Auctioneers.  Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the Purchaser.  Time is of the essence.

No buyer's premium.