"Salisbury - Park Manor"

3 Bedroom, 1.5 Bath Split-Level Home
& Ford (1996) Explorer and Ford (2005) Ranger
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Listing Details

Sold Price
$60,000
Auction Date
Auction Time
11:00 AM
Address
715 Regency Drive, Salisbury, MD, 21804
County
Wicomico County
Neighborhood
Salisbury, Park Manor
The property is available to inspect prior to the auction. Please click the above link to open the Waiver, Indemnity and Premises Use Certification form, fill it out, sign it, and return it to the office of the Auctioneer by fax to 410-296-4420 or email info@ajbillig.com. Once the completed form has been received, you will receive inspection instructions via email.
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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J. Michael Holloway, Attorney
HOLLOWAY & SULLIVAN, LLC
One N. Charles Street - Suite 2525
Baltimore, MD 21201

GUARDIAN'S AUCTION
$50,000 Suggested Opening Bid

SALISBURY

"Park Manor"

3 Bedroom ◆ 1.5 Bath
SPLIT-LEVEL HOME

2 Vehicles:
FORD (1996) EXPLORER
FORD (2005) RANGER

Sale On Premises
715 REGENCY DRIVE
Off Snow Hill Road (MD-12)
Wicomico County, MD 21804

FRIDAY, JUNE 26, 2015
AT 11:00 A.M.

Pursuant to an Order of the Circuit Court for Wicomico County passed in the matter of Donna Godfrey for the Appointment of a Guardian of the Person and Property, Case No. 22-C-15-14, the undersigned Guardian of the Property will sell at public auction the following:

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:
715 Regency Drive is situated north of Snow Hill Road and south of S. Schumaker Drive, and south of Downtown Salisbury.  The neighborhood, known as "Park Manor" is a single family home subdivision within walking distance of Salisbury University.  Public schools, shopping and recreational facilities are all within the community.  The nationally known Ward Museum of Wildfowl Art is two blocks east of the property.  Neighborhood homes are typically well maintained.

SITE:
Square lot - 100' x 100' comprising the northeast corner of Regency Drive and Buckingham Circle

Public water

Private septic

Sun deck

Carport

Zoning R12, residential

IMPROVEMENTS:
Vinyl Siding Split-Level Home - according to public tax records, the home was constructed in 1974 and contains 1,716 square feet of living area.

Main Level

  • Living Room - 19' x 11'
    regency715 living
  • Dining Room - 21' x 10'
    regency715 dining
  • Kitchen - 20' x 10'
    regency715 kitchen

Upper Level

  • Bedroom #1 - 13' x 12'
    regency715 bed1
  • Bedroom #2 - 10' x 9'
    regency715 bed2
  • Bedroom #3 - 10' x 11'
    regency715 bed3
  • Full Bath
    regency715 bath-full

Lower Level

  • Family Room - 20' x 14' with brick fireplace
    regency715 family
  • Half-Bath
    regency715 bath-half
  • Laundry/Utility Room
    regency715 dining

The home is believed to have electric baseboard heat and window air conditioning units.  Please check back for updated information.

TAXES:
Published annual real estate taxes are $1,313.55, based on a full value assessment of $123,500.  Purchasers may petition for a reduction in the assessment of their property in conjunction with a purchase price substantially less than the currently assessed value of the property.  Purchasers are encouraged to contact the Maryland State Department of Assessments & Taxation concerning the appeals process, and may see the following link for helpful information: http://www.dat.state.md.us/sdatweb/appeal.html

TITLE:
The property is in fee simple and sold free and clear of liens.  Wicomico County Deed Book 1536, Page 652.

TERMS OF SALE:
A $5,000 deposit, payable by 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 by 12:00 Noon, Monday, June 29 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 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.

No buyer's premium.

VEHICLES:

FORD (1996) EXPLORER SPORT UTILITY VEHICLE
VIN# 1FMDU34X5TUB72614
4.0 liter V6 engine, 4 wheel drive
Car Fax
fordexplorer photo

FORD (2005) RANGER PICKUP TRUCK
VIN# 1FTYR1OU35PA72133
3.0 liter V6 engine, rear wheel drive
Car Fax
fordranger photo

Purchasers must have vehicles inspected as provided under Maryland Law.  Sold to highest bidder - deposit of $1,000 payable by cash or certified check at the auction, balance to be paid by personal or business check at the time of sale.  Immediate removal required.

Auction by order of:
J. Michael Holloway, Guardian of the Property of Donna Godfrey