Inspection: By appointment & 1 hour prior to auction.
Real Estate: Main house located on the property is a 2 story 4 BR, 2 BA aluminum sided home w/ covered front porch. Formal LR and DR, kitchenette with refrigerator. Unfinished basement w/ washer/dryer. Central air, oil heating. Private well and septic. The secondary house on the property, known as 368 Jackson Station Rd. Perryville, MD 21903, is a 3 BR vinyl-sided rancher w/ small covered side porch. Month-to-month tenant paying $900.00 per month. LR w/ hardwood floors, DR, kitchen w/ refrigerator and electric stove. 2 BR’s and primary BR w/ shared entry to hall BA and walk-in closet. Unfinished basement w/ washer/dryer, utility sink, and exit to yard. Electric hot water. Private well and septic. SDAT #07033501 contains both homes and as such is being sold in the entirety.
Auctioneer’s Note: Excellent income potential.
RE Terms: $10,000.00 down in cash, cashier’s or certified check at time of sale. 10% Buyers Premium, Sold AS IS, time is of the essence, 60 days to settle.
- RE TERMS: $10,000.00 DOWN IN CASH CASHIER’S OR CERTIFIED FUNDS TODAY WITH AWARD OF HIGH BID.
- 10% BUYERS PREMIUM ADDED TO SALE PRICE.
- DEPOSIT HELD IN ESCROW AND APPLIED AGAINST THE PURCHASE PRICE.
- SETTLEMENT ON OR BEFORE JANUARY 12, 2021; TIME IS OF THE ESSENCE.
- TAXES AND ALL OTHER CHARGES AGAINST THE PREMISES WHICH OCCUR ON AN ANNUAL BASIS ARE ADJUSTED TO THE DATE OF SALE AND ASSUMED THEREAFTER BY THE PURCHASER.
- NO INTEREST TO BE CHARGED FROM THE DATE OF AUCTION TO THE DATE OF SETTLEMENT.
- THE COST OF ALL-DOCUMENTARY STAMPS, RECORDATION TAX AND TRANSFER TAX IF REQUIRED BY LAW ARE TO BE PAID BY THE PURCHASER.
- THE PROPERTY IS BEING SOLD AS IS WITH NO WARRANTIES OR GUARANTEES WHATSOEVER OTHER THAN THE TITLE TO THE PROPERTY TO BE FREE AND CLEAR OF ANY LIENS OR MORTGAGES AT SETTLEMENT. AS IS PORTION OF CONTRACT WOULD INCLUDE THE CONDITION OF ANY WELL & SEPTIC SYSTEMS AT OR IN USE ON THE PROPERTY.
- TAXES ON THE PROPERTY FOR THE YEAR 2020 ARE APPROXIMATELY:
$2,940.04 Cecil Co., MD |
