"Ocean City - Sundowner Park" One Story Home 4 Bedrooms & Bath

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Listing Details

Sold Price
$65,000
Auction Date
Auction Time
12:00 PM
Address
107 Denny Lane, Worcester County, MD, 21842
County
Worcester County
Neighborhood
Ocean City, Sundowner Park
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Law Office of Arthur L. Drager
10 N. Calvert Street - Suite 620
Baltimore, MD 21202

ESTATE AUCTION
Suggested Opening Bid $50,000
                        
OCEAN CITY
"Sundowner Park"

4 Bedroom & Bath
ONE STORY HOME

Sale On Premises
107 DENNY LANE
Off Coastal Highway
Between 134th & 135th Streets
Worcester County, MD 21842

FRIDAY, AUGUST 16, 2013
AT 12 NOON


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.


GENERAL INFORMATION:

The auction consists of a one story manufactured home located in Sundowner Park, a cooperative mobile home community in north Ocean City. The purchaser will receive at settlement a bill of sale for the home and the selling party's 1,500 shares of stock in Sundowner Park, Inc., for a lease on Lot 106 - free and clear of all liens.


Sundowner Park consists of 185 lots with mobile homes, stick built-homes and travel trailers. It is not a rental campground, but permits owners to use their units as rentals. The park has a community swimming pool, trash pickup and lawn maintenance.


Monthly fee of $105, includes water, sewer, community pool, grass  and common area maintenance and partial taxes.


For additional details see:
www.sundownerpark.org


Bylaws of Sundowner Park, Inc. (pdf)


Rules of Sundowner Park, Inc. (pdf)

LOCATION & DIRECTIONS:

106 Denny Lane is located off Coastal Highway in north Ocean City, one block west of the Atlantic Ocean and about one mile south of Fenwick Island. Restaurants, bars and shops are within a very short walking distance. Public bus services is one-half block away.

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


Photos of auction property

 

IMPROVEMENTS

One story vinyl sided modular home, constructed on a concrete block foundation. The home comprises approximately 592 square feet.


Exterior
Maintenance-free vinyl siding
Vinyl-clad windows
Composition shingle roof
Covered front porch
Sun deck
Picket fenced yard


Interior

Carpeted floors in living and bedrooms

Vinyl flooring in kitchen and bath

  • Living Room with cathedral ceiling 
  • Eat-in Kitchen with electric range/oven, refrigerator, double stainless steel sink
  • Master Bedroom 
  • Bedroom #2
  • Bedroom #3 
  • Bedroom #4
  • Full Bath 
  • Laundry Room with washer and dryer

Central air conditioning 

 


 

 

INSPECTION TIME

The unit may be inspected from 11:00 a.m. on the day of sale only.

 

TERMS OF SALE

A $10,000 deposit, payable by certified check or cashier's check, will be required of the purchaser at time and place of sale. If necessitated by price, the deposit shall be increased to 10% of the purchase price by 12 noon on Monday, August 19, 2013 at the Auctioneer's office (wiring instructions will be provided and personal checks will be accepted for any needed increase of the deposit). 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, cooperative association fees, 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, and subject to the Bylaws and Rules of Sundowner Park, Inc.. Purchaser assumes the risk of loss from the date of sale forward. 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 and transfer taxes, if any, and all costs incidental to settlement, including those levied by Sundowner Park, Inc. to be paid by the purchaser except where otherwise mandated by local, State or Federal law. Time is of the essence.


Arthur L. Drager, Personal Representative
of the Estate of Sandrath Karasinski


Pre-registration is strongly recommended: