ABSOLUTE ESTATE AUCTION ABOVE $10,000 "Maryland Eastern Shore - Taylor's Island" 3 Bedroom Modular Home

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Listing Details

Sold Price
$58,000
Auction Date
Auction Time
11:00 AM
Address
4444 Hoopers Neck Road, Dorchester County, MD, 21669
County
Dorchester County
Neighborhood
Eastern Shore. Taylor's Island,
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Holloway & Sullivan, LLC
10 N. Calvert Street, Suite 200
Baltimore, MD 21202

 ABSOLUTE
ESTATE AUCTION

To The Highest Bidder Above $10,000
                                                  
MARYLAND EASTERN SHORE

"Taylor's Island"

3 BEDROOM MODULAR HOME
Situated on 0.57 Acre Lot

Sale on Premises
4444 HOOPERS NECK ROAD
Dorchester County, MD 21669

FRIDAY, JULY 16, 2010
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 & DIRECTIONS:

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 web site, "the tidal marshes of Taylor's Island have been relatively untouched by the development of small towns and villages on the nearby shores. Small "islands" of loblolly pine and cedar forest dot the marsh system. This large island, comprising 1,100 acres, is a classic illustration of Chesapeake Bay tidal marsh habitat.


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. They are descendants of deer that escaped from a wildlife reserve. Visitors may also catch a glimpse of the endangered Delmarva fox squirrel in the forest. Ospreys and bald eagles fish the deeper waters nearby, while mallard and black ducks feed on roots and other vegetation 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."


Photos of auction property
TAYLOR'S ISLAND - PHOTO #1    PHOTO #2    PHOTO #3   
PHOTO #4    PHOTO #5    PHOTO #6


Taylor's Island has a community dock and boat ramp.  Access is by well maintained state roads.  From Route 50 in Cambridge, follow Maryland Route 16 (opposite Hyatt Resort) west approximately 17 miles to Hoopers Neck Road, bear right and follow about one mile to property on left side of road.

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

 

SITE AREA

Lot size -  0.57 acre or 300' x 83'.  
NEW SURVEY: JULY 14, 2010 (pdf)


Zoning - AC

Private well and septic

 

IMPROVEMENTS

One story vinyl siding modular ranch home on a concrete block foundation.


Exterior

Vinyl clad double hung and aluminum casement windows

Composition shingle roof

Rear wooden deck

Storage building


Interior

Living Room

Dining Room

Kitchen - wooden cabinets, range/oven, refrigerator

3 Bedrooms

Full Bath

Paneled walls and carpeted floors

Oil fired space heater

 

REAL ESTATE TAXES

2009 annual real estate taxes were $617.50.

 

TITLE

In fee simple.  Deed Liber PLC 223, Page 28.  The property is sold free and clear of liens.

 

INSPECTION TIME

From 10 a.m. on the day of sale only.

 

TERMS OF SALE

A $5,000 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 within 45 days.  If payment of the 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.   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.


Broker participation is invited.
BROKER REGISTRATION FORM (pdf)


Auction by order of:
J. Michael Holloway, Personal Representative
of the Estate of Helen B. Stanley