★ ESTATE AUCTION ★
$180,000 Suggested Opening Bid!
Fireplace ◆ Central Air
Sale On Premises
2413 DARROW ST.
Off Douglas Ave., 1 Block W. Of Georgia Ave.
(0.90 Mile North of I-495)
Montgomery County, MD 20902
THURSDAY, FEBRUARY 16, 2012
AT 11:30 A.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.
Great location, in the Carroll Knolls community of Silver Spring, less than one mile north of I-495, Exit 31. The property is within walking distance of the Metro rail, Forest Glen Station (Red Line). Within minutes of numerous stores and restaurants. Chevy Chase, Rockville and Washington, DC are all within 10 minutes.
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Mostly rectangular parcel with a front and rear lot line each comprising 60.0', and depth lines of 117.95' and 118.29', all more or less.
Macadam 2+ car driveway
Attached storage shed
Rear Patio with masonry built-in barbeque
Desirable updated all brick rancher, which according to tax records, was constructed in 1949, comprising 1,296 square feet, more or less. Features include a covered front porch, brick wood burning fireplace, vinyl double glazed replacement windows (2010), plantation shutters, Carrier High Efficiency WeatherMaker 8000VS furnace (2002), Carrier High Efficiency WeatherMaker central air conditioning (2002), recently installed 50 gallon gas fired water heater (2009), new electrical service (2008), recently installed roof (within the past 10 years) and satellite television. The home is arranged as follows:
Basement Crawl Space
Carrier High Efficiency WeatherMaker central air conditioning (2002)
2011-2012 published annual real estate taxes are $3,462 based on a full value tax assessment of $281,900. 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 .
The property is being sold in fee simple, free and clear of liens and encumbrances
From 10:00 a.m. on the day of sale or by appointment only.
Deposit payable by certified or cashier's check of $15,000 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 office of the Auctioneers. 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 Estate, Personal Representative for the Estate, 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 BUYERS PREMIUM!
Auction by order of:
Nancy L. Stewart, Personal Representative for the Estate of Katherine Stewart
Online pre-registration is now closed. Please register with the Auctioneer at the auction site.
Broker participation is invited. See our: BROKER REGISTRATION FORM (pdf).
The completed form must be returned to the Auctioneer's office by 5:00 P.M. on Wednesday, February 15, 2012.
See our Financing Page for a list of auction-oriented lenders.