Valuable Home & Real Estate on Del. Rt. 1
Friday, 10 Dec, 2004 03:00 PM Selling for Estate of Hilda Marvel
14660 Coastal Highway, Milton, DE 19968 (north of Lewes) Terms: See Below
Real Estate  
General Information: Inspection: Wed. Dec. 1st from 2:00 p.m. until 4:00 p.m.

Sunday, Dec. 5th from 11:00 a.m. until 1:00 p.m.

Location: Traveling south on Rt. 1 from Milton, DE after crossing the Broadkill Bridge, the sale will take place at the 7th house on the right. (Approx. 7/10 mile from the bridge) - Sign Posted

Former home of the late Hazel M. Marvel, 14660 Coastal Hwy., Milton, DE

The property consists of 200 feet of frontage on Rt. 1 and a depth of 200 feet with approx. 40,000 square feet more or less.

The property is improved with a 1 ½ story Cape Cod style home that consists of the following: 3 bedrooms, 1 ¾ bathrooms, kitchen w/dinette area, lg. living room, enclosed breezeway, attached 2 car garage w/lean-to shed, and an attached workshop on the back of the garage. There also is a full basement, attic, and ample closets in the home for plenty of storage. The home has vinyl siding and oil heat. There also is a small cottage in that back that can be rented along with other various small storage buildings.

Most surrounding property is zoned commercial. This property would be great for a business location on Rt. 1 or as a home between Milton and Lewes that is close to the beach.

Terms: $15,000.00 down payment on the day of sale in the form of cash or certified check made payable to Jos. C. O’Neal & Sons with the balance to be paid within 45 days when a good and marketable deed will be given. Buyer & Seller will equally share all State & County transfer taxes. Buyer will pay the cost of preparing and recording the deed and any other costs that may occur. If buyer fails to comply with these terms of sale then the down payment paid on the day of the sale will be forfeited and the home re-sold at the expense of the buyer. The home is being sold “as-is”. A 2% Buyer’s Premium will be charged to the final purchase price. Seller has the right to accept or reject any or all bids but it is their intent to sell the said property to settle the estate.

Tax I.D.= 2-35-16.00-62.00

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