|General Information: PUBLIC AUCTION
VALUABLE REAL ESTATE
WITH COMPLETELY UPDATED 2 BR/1 BA HOME
IN LAUREL, DELAWARE
Location: 118 Evergreen Drive, Laurel, Delaware 19956. From the intersection of U.S. Rt. 13 & Trussum Pond Road in Laurel (at Johnny Janosik’s), turn west onto Trussum Pond Road towards Laurel and travel for approx. 0.2 mile. Turn left onto Gordy Road and then turn immediately right onto Oak Lane Drive and travel for approx. 0.2 mile. Turn right onto Evergreen Drive and travel for approx. 0.2 mile. Property will be on left (Signs Posted).
FRIDAY, SEPTEMBER 28, 2007
Preview: Tuesday, September 18 from 4:00 to 5:00 P.M.
Sunday, September 23 from 2:00 to 3:00 P.M.
The property is identified on the Sussex County Tax Map as District 3-32 Map 1.11 Parcel 100.00 and is further described in Deed Book 3212 Page 172. The property consists of approx. 9,750 sq. ft. of land (0.22+/- Acre) situated in the town limits of Laurel improved with a completely updated 2 BR/1 BA single-story ranch style home with paved driveway. The home consists of approx. 960 sq. ft. of living space and features a livingroom with recessed lighting, large kitchen/dinette area with new Kenmore refrigerator, Whirlpool dishwasher, Kenmore flat-top stove & microwave, full bathroom, laundry room with new Kenmore washer & dryer, two bedrooms with ample closet space, and a pull-down attic. The home has a new roof, new vinyl siding, central air with electric forced air heat & new heat pump, and a small storage shed in the back yard. The property also features municipal electric, water, & sewer services. (Sussex County Annual Property Tax-$285.63)
The property is situated in a quiet Laurel neighborhood across the street from the Laurel Middle School athletic fields and would be a perfect home for a young couple or couple looking to downsize.
Terms: $12,500.00 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.