Over 5 Acres of Valuable Real Estate in Roxana, Delaware
Saturday, 9 Jul, 2005 02:00 PM Selling for Private Seller
Rt. 4, Box 125 (Rt. 17) Frankford, Delaware 19945 Terms: See Below
Real Estate  
General Information: Location: Rt. 4, Box 125 Frankford, Delaware 19945. From U.S. Rt. 113 in Dagsboro, Delaware, travel East on Rt. 26 for 1.3 miles to Rt. 20. Turn right (Southeast) onto Rt. 20 and travel for 5.3 miles to Rt. 17. Turn left (North) onto Rt. 17 and Parcels 1 & 2 will be 1.2 miles on left.

From Coastal Highway (Rt. 1) in Bethany Beach, Delaware, travel West on Rt. 26 for approx. 5 miles to Rt. 17 in Clarksville (Hocker’s Super Center will be on left). Turn left (South) onto Rt. 17 and travel for 2.8 miles. Parcels 1 & 2 will be 3 miles on right (Signs Posted).

Inspection: Bidders are encouraged to walk and inspect the parcels anytime. An auction company representative will be on the premises Tuesday, June 28 from 4:00 to 6:00 P.M. and Sunday, July 3 from 2:00 to 4:00 P.M. Contact auction company for a Property Information Packet (PIP).

This wonderful property consists of two separate deeded parcels. Parcel #1 is identified on the Sussex County Tax Map in District 1-34 Map 18.00 Parcel 11.08 and is further described in Deed Book 2423 Page 217. Parcel #1 is a rectangular shaped parcel and consists of 2.242+/- acres of cleared land with an approved perc. The parcel contains approx. 150 ft. of frontage along the westerly side of Rt. 17 and is approx. 680 ft. deep. The property has been approved for an alternative design sand-lined elevated sand mound disposal system. Sussex County Annual Property Tax=$89.00.

Parcel #2 is identified on the Sussex County Tax Map in District 1-34 Map 18.00 Parcel 11.07 and is further described in Deed Book 2423 Page 217. Parcel #2 is an irregular rectangular shaped parcel and consists of 3.076+/- acres of cleared land with an approved perc. The parcel contains approx. 155 ft. of frontage along the westerly side of Rt. 17 and is approx. 660 deep. The property has been approved for an alternative design sand-lined elevated sand mound disposal system. Sussex County Annual Property Tax=$101.92.

Parcel #1 & Parcel #2 are adjacent parcels with frontage along the westerly side of Rt. 17. Both parcels are situated only a few yards from a beautiful .5+/- acre man-made pond. The pond is stocked with fish and provides a cozy habitat for an abundance of ducks and geese. Parcel #1 & Parcel #2 are subject to deed restrictions. The parcels will be sold individually and then offered together and sold which ever way produces the highest bid. This auction represents an excellent chance to own up to 5.318+/- acres of land with easy access and only minutes from Bethany Beach and Fenwick Island.

Terms: Parcel #1-$15,000.00 down payment in the form of cash or certified check on the day of sale made payable to Jos. C. O’Neal & Sons. Parcel #2-$15,000.00 down payment in the form of cash or certified check on the day of sale made payable to Jos. C. O’Neal & Sons. In the event Parcel #1 & Parcel #2 are sold together, a $30,000.00 down payment will be required on the day of sale made payable to the above in the form of cash or certified check. Buyer & Seller will equally share all State & County transfer taxes. Buyer will be required to pay all costs of preparing & recording the deed and any other costs that may occur. Balance to be paid within 45 days when a good and marketable deed will be given. Buyer’s failure to comply with these Terms of Sale will cause the down payment paid day of sale to be forfeited. The parcels are being sold “as-is”. A 2% Buyer’s Premium will be charged on the final selling price on each parcel. Seller reserves the right to accept or reject any or all bids, but it is their intent to sell said property.






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