|General Information: PUBLIC AUCTION
VALUABLE REAL ESTATE & BUILDING
IN BLADES, DELAWARE
THURSDAY, AUGUST 24, 2006
Location: 13 E. Third St., Blades, Delaware 19973. From the intersection of U.S. Rt. 13 & Concord Road in Seaford, travel west on Concord Road (past Royal Farms) towards Blades for 0.9 mile. Turn left onto Market Street and travel for 0.1 mile. Turn left onto E. Third St. Property will be on right (Signs Posted).
Inspection: Tuesday, August 15 from 4:00 to 5:30 P.M. & Tuesday, August 22 from 4:00 to 5:30 P.M.
The property is identified on the Sussex County Tax Map in District 1-32 Map 1.15 Parcel 61.01 and is further described in Deed Book 3088 Page 174. The property consists of approx. 7,350 sq. ft. of land with approx. 61.25 ft. of frontage along E. Third Street. The property is zoned Residential and is improved with a 1,440 sq. ft. 3 BR/1 BA single-story block building. The building is in need of minor repairs & upgrades. The property has municipal water & sewer and is heated with electric baseboard heat (Sussex County Annual Property Tax- $214.46).
The property is located on a quiet street in the town limits of Blades and would make a perfect starter home or investment property.
Terms: $6,000.00 non-refundable down payment on day of sale in the form of Cash, Cashier’s, or Certified Check made payable to Jos. C. O’Neal & Sons with the balance to be paid in 45 days when a good & marketable deed will be given. Buyer & Seller will equally share all State & County transfer taxes. State and County and municipal taxes and assessments to be adjusted as of the date of sale. Buyer will be required to pay all costs of preparing and recording the deed. The property is being sold in “AS-IS” condition. Failure to comply with these Terms of Sale will cause the down payment paid on day of sale to be forfeited and the property will be resold at the buyer’s expense. A 3% buyer’s premium will be added to the final selling price. Seller(s) have the right to accept or reject any or all bids, but it is their intent to sell said property.