"Salisbury - Westlake"

4 Bedroom Rancher
On 0.44+/- Acre Lot
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Listing Details

Auction Date
Auction Time
3:00 PM
Address
1223 Jersey Road, Salisbury, MD, 21801
County
Wicomico County
Neighborhood
Salisbury, Westlake
The property will be 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 within 24 business hours.
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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HOLLOWAY & SULLIVAN, LLC
One North Charles Street - Suite 2525
Baltimore, MD 21201

GUARDIAN'S AUCTION
- $40,000 Suggested Opening Bid -

SALISBURY

"Westlake"

4 BEDROOM RANCHER
On 0.44± Acre Lot

Sale On Premises
1223 JERSEY ROAD
Near North Lake Park
Wicomico County, MD 21801

THURSDAY, AUGUST 25, 2016
AT 3:00 P.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:
1223 Jersey Road is situated north of Business US-50, south of the US-50 Bypass, west of Business US-13 and Johnson Pond.  The home is near North Lake Park, West Salisbury Elementary School and Salisbury Middle School.  Wicomico High School is nearby.  Neighborhood housing is predominantly comprised of single family detached homes.  Downtown Salisbury is about one mile south of the home.

SITE:
Generally rectangular lot (see plat) - 94' x 201', comprising 0.44 acre
Zoning R15, residential
Private well and septic
2 - driveways - 8-10 car off-street parking

IMPROVEMENTS:
One Story Ranch Home was constructed in 1964 and contains 2,488 square feet of living area, according to published tax records.  

Exterior
Brick and shingle siding
Wooden double-hung windows
Composition shingle roof with aluminum rainspouts
Concrete block crawl space foundation
Covered front and rear entry porches

Interior

  • Living/Dining Combination - carpeting
  • Country Kitchen - vinyl floor, breakfast area, wooden cabinets
  • Bedroom #1 - carpeting
  • Bedroom #2 - carpeting
  • Bedroom #3 - carpeting
  • Bedroom #4 - carpeting
  • Den - paneling, carpeting
  • Full Bath - vinyl floor
  • Laundry/Utility Room

Mechanical
Propane gas forced air heat
Propane gas water heater
100 amp. electric

The home needs updating and cosmetic repairs.

TITLE:
The property is in fee simple and is sold free and clear of liens.  Wicomico County Deed Liber 2832, Page 123.

TAXES:
Published annual real estate taxes are $971, based on the full value assessment of $91,300. 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://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx

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 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 contract 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 contract 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 contract 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.

Auction by order of:
Terry K. Sullivan, Esquire
Guardian of the Property of Gwendolyn L. Peters