Valuable Real Estate with Home on Rt. 13 in Laurel, Delaware
Saturday, 15 Sep, 2007 10:00 AM Selling for Private Seller
28506 Sussex Highway, Laurel, Delaware 19956 Terms: See Below
Real Estate Aerial Pictures of the Property
Tax Map Survey of Property
General Information: PUBLIC AUCTION

ON 2.09+/- ACRE LOT


Location: 28506 Sussex Highway, Laurel, Delaware 19956. From the intersection of U.S. Rt. 13 (Sussex Highway) and Del. Rt. 24 in Laurel, travel north on U.S. Rt. 13 for approx. 3.4 miles. Make a U-turn and travel south on U.S. Rt. 13 for 0.2 mile. Property will be on right (Signs Posted).


10:00 A.M.

Preview: Wednesday, September 5 from 4:00 to 5:00 P.M.

Sunday, September 9 from 2:00 to 3:00 P.M.

The property is identified on the Sussex County Tax Map as District 1-32 Map 12.00 Parcel 102.01 and consists of 2.09+/- Acres of land with approx. 175 ft. of frontage along U.S. Rt. 13 South (Sussex Highway) improved with a 3 BR/2 BA Class “C” double-wide mobile home, detached two-car garage/workshop, a pair of storage sheds, above-ground pool, and hot tub. The home features a 12’ x 16’ Florida room, kitchen with like-new appliances, laundry room, diningroom, livingroom, master bedroom with walk-in closet, master bathroom with garden tub & separate shower, as well as two bedrooms with ample closet space. The home also features front & rear decks, central air, gas heat, & ceiling fans.

The property is also improved with a 24’ x 28’ detached two car garage/workshop, a 12’ x 16’ storage shed, a 10’ x 16’ storage shed, a 18’ x 33’ above-ground pool with large deck, as well as a Viking 6-person hot tub (pool & hot tub are only 4 years old).

The home is situated on U.S. Rt. 13 South on a partially wooded 2.09+/- acre lot that provides privacy as well as seclusion. The home, garage, and sheds are immaculate and the property is beautifully landscaped. The home is perfect for the growing family or couple looking to downsize. (Sussex County Annual Property Tax-$387.04)

Terms: $15,000.00 down payment in the form of Cash, Certified Check, or Cashier's Check made payable to Jos. C. O'Neal, Inc.. Balance to be paid within 45 days when a good and marketable deed will be given. Credit portion to bear interest at the rate of 0% per annum from the date of sale to date of settlement, and to be secured to the satisfaction of the undersigned, or to pay the full purchase price at the time of sale, at the option of the Purchaser. If not settled within 45 days, interest shall be charged at the rate of 10% per annum from the date of sale to the date of settlement. In the event settlement does not occur within 65 days of the sale, the property shall be considered forfeited and resold at the expense and risk of the Purchaser. Time is of the essence. State, County, and Municipal taxes and assessments to be adjusted as of the date of the sale. Purchaser & Seller will equally share all State & County transfer taxes. All title papers, documentary stamps, recording costs and any and all other costs which shall be deemed necessary to transfer the title of the property and put the deed on record shall be at the expense of the Purchaser. In the event a good & marketable title cannot be delivered the Seller(s) shall have 90 days to correct the flaw. If the flaw is not corrected the only recourse of the Purchaser shall be the return of the down payment and the Seller and the Auctioneer shall be held harmless. If the improvements on the property were built before 1976, they may contain lead paint. Purchaser may conduct a lead paint test at their expense prior to the sale. This property is being sold in "AS IS" condition. Neither the Sellers nor the Auctioneer shall accept any responsibility for any Municipal, State or Federal Environmental Violations. To our knowledge none exist at this time. A 4% Buyer’s Premium will be charged on the final selling price. Seller reserves the right to accept or reject any or all bids, but it is their intent to sell said property. Broker Participation invited. Brokers must have clients registered 24 hours prior to auction. Contact our office for complete details.

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