|General Information: PUBLIC AUCTION
VALUABLE REAL ESTATE WITH HOME
IN LAUREL, DELAWARE
FRIDAY, JUNE 29, 2007
Location: 515 E. 4th Street, Laurel, Delaware 19956. From the intersection of U.S. Rt. 13 and Del. Rt. 24 in Laurel, travel west on Rt. 24 (4th Street) for approx. 0.5 mile into Laurel. Home will be on right (Sign Posted).
Inspection: Wednesday, June 20 from 4 to 5 p.m. & Tuesday, June 26 from 4 to 5 p.m.
The property is identified on the Sussex County Tax Map as District 3-32 Map 1.07 Parcel 257.00 and consists of approx. 16,500 sq. ft. of land improved with a 3 BR/1.5 BA two-story home. The first floor of the home features a kitchen, ½ bathroom, Florida room, diningroom, livingroom, and enclosed front porch. The second floor of the home features 3 bedrooms and a full bathroom. The home features an attic, hardwood floors throughout, ample closet space, oil heat, as well as municipal water & sewer.
The home is situated on a deep 0.38+/- Acre lot in town limits with easy access to Rt. 13 and would make a great starter home or investment property.
Terms: $7,500.00 down payment in the form of cash or certified check made payable to Jos. C. O’Neal & Sons. Balance to be paid within 45 day when a good and marketable deed will be given. Purchaser and Seller will equally share all State & County transfer taxes. Property is being sold, “AS IS”. A 4% Buyer’s Premium will be charged on the final selling price. Failure to comply with these terms on day of sale will cause the down payment to be forfeited. Sellers have the right to accept or reject any or all bids, but it is their intent to sell said property in order to settle the estate.