"Salisbury" 3 Bedroom Bungalow

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Listing Details

Sold Price
$31,200
Auction Date
Auction Time
11:00 AM
Address
608 Madison Street, Wicomico County, MD, 21804
County
Wicomico County
Neighborhood
Salisbury
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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REAL ESTATE AUCTION
                       
SALISBURY

3 BEDROOM BUNGALOW

Sale On Premises
608 MADISON STREET
Wicomico County, MD 21804

FRIDAY, JANUARY 17, 2014
AT 11:00 A.M.

 

For directions from your location, visit: maps.google.com


      One Story Bungalow - according to public tax records, the home was constructed in 1930 and contains 1,050 square feet of living area, plus basement.


      Exterior - covered entry porch, asbestos shingle siding, asphalt shingle roof, 3-car driveway, fenced yard, replacement windows, concrete block foundation.


      Interior - wood floors, paneled walls, ceiling fans


      First Floor - living room, dining room, kitchen with refrigerator, electric range/oven, stainless steel sink, 3 bedrooms, full bath; pull-down attic stairs

 


 


      Basement - partial; concrete floor


      Mechanical - Oil forced air heat; gas water heater; public water and sewer

Tax Map:
Photos of auction property


      NOTE:  The information contained herein has been obtained from sources deemed reliable and is believed to be accurate.  However, no express or implied warranty is made or may be inferred from any such representation.  Dimensions, square footage and acreage contained herein are more or less.  Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.


      TERMS OF SALE:  A $2,500 deposit, payable by certified check or cashier's check, will be required of the purchaser at time and place of sale.  The deposit shall be increased to 10% of the purchase price due by 12:00 Noon on Monday, January 20, 2014 at the Auctioneer's office.  Balance to be paid in cash at settlement, which shall take place within 45 days.  If payment of the deposit or balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the purchaser. Interest to be charged on the unpaid purchase money, at the rate of 8% per annum, from date of sale to date of settlement.  All adjustments, including taxes, condominium or homeowners association fees, if any, all other public charges and assessments payable on a monthly or annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of sale and assumed thereafter by the purchaser.  The property will be sold in "AS IS" condition, and subject to easements, agreements, restrictions or covenants of record affecting same, if any.  Purchaser assumes the risk of loss from the date of sale forward.  The purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law.   If the Seller is unable to convey good and marketable title, the purchaser's sole remedy in law or equity shall be limited to the refund of the deposit.  Upon refund of the deposit this sale shall be null and void and of no effect, and the purchaser shall have no further claim against the Seller or Auctioneers.  Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser except where otherwise mandated by local, State or Federal law.  Time is of the essence.  A 4% buyer's premium will be added to the final bid price.


INSPECTION:

Day of sale only.


FINANCING:

See our Financing Page for a list of auction-oriented lenders.