Absolute Above $15,000 - "Eastern Shore - Taylor's Island"

Mobile Home Situated on 1 Acre Lot
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Listing Details

Sold Price
$24,000
Auction Date
Auction Time
11:00 AM
Address
4420 Hoopers Neck Road, Taylors Island, MD, 21669
County
Dorchester County
Neighborhood
Eastern Shore, Taylor's Island
Additional Documents
Financing
See our Financing Page for a list of auction-oriented lenders.
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Arthur L. Drager, Attorney
Law Offices of Arthur L. Drager, LLC
One North Charles St. - Suite 1200
Baltimore, Maryland 21201

ABSOLUTE ESTATE AUCTION
To The Highest Bidder Over $15,000

EASTERN SHORE
"Taylor's Island"

MOBILE HOME
Situated on 1 Acre Lot

Sale On Premises
4420 HOOPERS NECK ROAD
Dorchester County, MD 21669

New Auction Date:
MONDAY, MARCH 23, 2015
AT 11:00 A.M.

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.

LOCATION:
Taylor's Island is a scenic, rural island located on the Eastern Shore of the Chesapeake Bay, approximately 17 miles southwest of Cambridge.  Approximately 50% of the island is a wildlife management area.  As promulgated by the State of Maryland Department of Natural Resources website, "The tidal marshes of Taylors Island have been relatively untouched by the development of small towns and villages on the nearby shores. This large island in western Dorchester County is a classic illustration of Chesapeake Bay tidal marsh habitat. Encompassing 1,120 acres, Taylors Island WMA is a mix of marsh, forests and fallow fields.

Wildlife associated with the marsh include raccoons, muskrats and river otters. The small stands of forest support white-tailed deer as well as sika deer, a species of elk that is native to Asia. Visitors may also catch a glimpse of the endangered Delmarva fox squirrel. Osprey and bald eagles fish the deeper waters nearby, while mallard and black ducks feed in the shallows. Buffleheads, canvasbacks and scaup are often seen diving for food in the waters off shore. Herons and egrets use the marshes for hunting food. Shorebirds, like plovers and sandpipers, use the mudflats found along the shores at low tide."

Maryland DNR Link: http://dnr.maryland.gov/wildlife/publiclands/eastern/taylorsisland.asp

SITE:
Lot - Square 1 acre lot, more or less, according to tax and deed records

Zoning - AC, Agricultural Conservation District

The property is believed to have private well and septic

IMPROVEMENT DESCRIPTION:
The property is believed to be improved by a single story mobile home.

TITLE:
The property is in fee simple; and sold free and clear of liens.

TAXES:
2014-2015 Annual Real Estate Taxes - $362

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 within 24 hours 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 12% per annum, from date of sale to date of settlement.  All adjustments, including taxes, all other public charges and assessments payable on an 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 and waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the Purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. 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.  Time is of the essence.

No Buyer's Premium!

Arthur L. Drager, Personal Representative of the Estate of Naomi Virginia Tilghman