Go Back FridayMay 5, 2017 — 12:00pm
Estate Orders Immediate Sale
**Opening Bid $500,000** Stunning All Brick Colonial on 3.6+ Acres Located at the End of a Quiet Cul-de-Sac in an Exclusive Neighborhood in Harford County
1201 Mikara Ct. Bel Air, MD 21015
Location: On the Premises
The property is a improved by a captivating all brick colonial style home featuring over 5,000+ sf, offering 5 bedrooms, 3 full and 2 half baths, Prime outdoor living with open park-like grounds, long private driveway and a 3 car garage.
The main level of the home includes a 2-story entry foyer, living room with fireplace , dining room, den/library, family room with a fireplace, office/library, gourmet eat-in kitchen, butler's pantry, a mudroom with laundry, and a half bath. The main level features a Master bedroom with a fireplace, spa bath, and a large walk-in dressing room/closet.
The upper level of the home includes 4 bedrooms, 2 full/1 half baths, and a large recreation room.
The lower level of the home is unfinished.
HOA Fee: $328 Annualy
- 1st floor master suite with a fireplace, spa bath, and walk-in closet.
- Inlaid marble floors on the main level.
- High end built-ins throughout.
- Gourmet kitchen.
- Over sized 3 car attached garage.
Ground Rent: Fee Simple
Summary of Terms of Sale: A deposit in the form of cash, cashier's check or certified check for $25,000 is due at the time and place of sale. The difference to bring the deposit up to 10% is due 2 business days after the sale in the auctioneer's office. If payment of the additional deposit or the balance of the purchase price is not made within the specified periods, the deposit will be forfeited and the property may be resold at the risk and expense of the defaulting purchaser. Settlement is 45 days from the sale date. The Purchaser will pay interest on the unpaid portion of the purchase price from date of sale to date of settlement at the rate of 10% per annum. All expenses, including real estate taxes, home owner association fees, sanitary and/or metropolitan district charges, special assessment and private utility charges are to be adjusted to date of sale and assumed thereafter by the purchaser. Cost of all documentary stamps, settlement costs and transfer taxes to be paid by the purchaser, provided, however, that if the Property is improved residential real property, and if Buyer is a first time Maryland homebuyer as defined in MD Tax Property Code §13-203(b), as from time to time amended, who will occupy the Property as Buyer's personal residence, then Seller shall pay the state transfer tax of 0.25% to the extent required by law. The property will be sold in "As is" condition without express or implied warranty as to the nature and description of the improvements. The property will be sold subject to easements, agreements, restrictions or covenants of record affecting the same, if any. Dimensions and acreage are more or less. Time is of the essence as to the terms of this contract.
NOTE: Alex Cooper Auctioneers is acting as agent for the Owner in this transaction. Alex Cooper Auctioneers is not acting as agent for the successful bidder. Any buyer-broker is acting as an agent for the successful bidder and is not a sub-agent of Alex Cooper Auctioneers.
** NOTICE TO BUYER: IF YOU ARE CONTEMPLATING FINANCING FOR THIS PURCHASE, APPLICATION MUST BE MADE WITH A LENDER AND TITLE COMPANY NO LATER THAN SEVEN (7) DAYS FROM THE DATE OF THIS SALE.
The information contained herein was obtained from sources deemed reliable, but is offered for informational purposes only. The Auctioneer, the Sellers, and their respective agents and representatives do not make any representations or warranties with respect to the accuracy of the information contained herein. Prospective purchasers are urged to make their own inspection.