REAL ESTATE AUCTION - M. R. RITCHIE, JR. - 25 AC HOMESTEAD in Ijamsville, Maryland For Sale

REAL ESTATE AUCTION
"BEAUTIFUL MAJESTIC 25 ACRE ESTATE BELONGING TO THE LATE M. ROBERT RITCHIE, JR." A TITAN OF THE FREDERICK COUNTY COMMUNITY AND FOUNDER AND DEVELOPER OF THE PRESTIGOUS HOLLY HILLS COMMUNITY AND COUNTRY CLUB.
AUCTION TO BE HELD ONSITE
NOVEMBER 11, xxxx AT 4 PM SHARP
xxxxA ORMONDS TERRACE,
IJAMSVILLE, MD xxxx4
OPEN HOUSES: OCTOBER 30TH FROM 3 PM - 5 PM AND NOVEMBER 11TH FROM 3 PM - 4 PM
THIS PROPERTY IS THE 25 ACRE HOMESTEAD FROM THE RITCHIE ESTATE. IT IS THE CENTER PIECE OF THE AFFLUENT COMMUNITY "THE MANOR AT HOLLY HILLS"....
THIS MAJESTIC PROPERTY OFFERS A BEAUTIFUL CIRCA xxxx STONE HOME IN NEED OF FURTHER RESTORATION TO MAKE IT YOUR OWN AS WELL AS A SECOND HOME. THIS PROPERTY OFFERS, BANK BARN, STABLES (BRING YOUR HORSES), MULTIPLE STONE OUTBUILDINGS TO USE AS GARAGES AND/OR CARRIAGE HOUSES,IN-GROUND GUNITE POOL, RIDING ARENA, STONE RETAINING WALLS, SPLIT RAIL FENCE, KENNELS, FENCED PASTURE, MAGNIFICIENT VIEWS AND SO MUCH MORE....
THIS PROPERTY NEEDS YOUR TLC TO BRING IT BACK TO THE GEM IT WAS.
MAIN HOUSE:
3 STORIES WITH HARDWOOD FLOORS THROUGH-OUT - ORIGINAL STONE HOME OFFERS A LIVING ROOM W/FIREPLACE, POWDER ROOM, SUMMER KITCHEN, SECOND STORY HAS 4 BEDROOMS AND 2 BATHS, THIRD STORY HAS 2 BEDROOMS. MAIN HOUSE IN NEED OF SOME RENOVATION.
SECOND HOME - 5 BEDROOMS AND 3 FULL BATHS:
BEAUTIFUL STONE 2 STORY RANCH TYPE HOME WITH EAT-IN KITCHEN, SEPARATE DINING ROOM (CARPETED), LARGE FAMILY ROOM WITH STONE FIREPLACE (CARPETED), MASTER BEDROOM WITH WALK-IN CEDAR CLOSET (CARPETED), MASTER BATH, 2 ADDITIONAL BEDROOMS (CARPETED), FULL BATH IN HALL (SHOWER ONLY)....THE LOWER LEVEL IS A FULL FINISHED WALK-OUT BASEMENT WITH ALL SLATE FLOORS, 2 BEDROOMS, 1 FULL BATH WITH SEPARATE SHOWER, STONE FIREPLACE, RECREATION ROOM WITH WET BAR. THE LOWER LEVEL IS ALSO HANDICAP ACCESSIBLE....THIS BEAUTIFUL RANCHER HAS CENTRAL AIR CONDITIONING, FORCED AIR HEAT, BACK-UP GENERATOR AND IS ON WELL AND SEPTIC. THE WALK OUT BASEMENT PATIO OVERLOOKS THE GUNITE POOL.
DETACHED "STONE" 4 CAR GARAGE, "STONE" CARRIAGE HOUSE, BANK BARN WITH STABLES, RIDING ARENA AND LETS NOT FORGOT THE SPECTALUAR VIEWS.
THIS IS AN IDEAL PROPERTY FOR THE HORSE ENTHUSISATS OR ANYONE LOOKING FOR THIER DREAM HOME.....
"BROKERS SHARE IN COMMISSION EARNED"
***LOCKBOXED FOR REALTOR/BROKER CONVENIENCE - ALL NON-REPRESENTED BUYERS CALL FOR SHOWINGS***
TERMS AND CONDITIONS:
This home is being sold AS IS with no warranties expressed or implied. This property is being sold with the seller having the right to refuse any bid. The buyer will be responsible for any inspections they desire. The home has a lockbox for realtor/broker convenience. A 7% Buyers Premium will be added to the high bid amount and paid by the buyer. If the buyer uses an agent, the agent will share in the commission and receive 2.00% of the high bid amount. The buyer will be responsible for ALL settlement costs. A non-refundable deposit of $10,000.00 will be due by the winning bidder on the day of auction in cash or certified funds. This deposit will be held in escrow until settlement. Settlement must occur within 45 days from the day of auction. If for any reason settlement does not occur, the deposit amount will be forfeited. There will be no Negotiations and no Contingencies.
NOTE - WE ARE ALWAYS ASKED IF THIS IS A CASH PURCHASE AUCTION. FINANCING IS NOT FOR OUR DETERMINATION. OUR AUCTIONS ARE NEVER CASH TRANSACTIONS, EXCEPT FOR THE DEPOSIT DUE BY THE WINNING BIDDER. YOU MUST BE CERTAIN YOU CAN QUALIFY IF THE BUYER WILL BE FINANCING AS THE DEPOSIT DUE AUCTION DAY BY THE WINNING BIDDER IS NON-REFUNDABLE. THE PROPERTY CAN BE FINANCED OR HOWEVER THE BUYER WISHES TO PAY AS LONG AS IT IS SETTLED IN THE 45 DAY TIME PERIOD.
FOR MORE INFORMATION, AUCTION PACKET AND MORE PHOTOS VISIT OUR WEBSITE
RAWLINGS AUCTION, APPRAISAL & REALTY, LLC
WWW.RAWLINGSAUCTIONSERVICE.COM
Steve and Patti Rawlings - Principals
Licensed Auctioneer, Certified Appraiser, Licensed Real Estate Salesperson
Bus: 1(301)473-xxxx or Cell: 1(301)418-xxxx