VALUABLE WATERFRONT REAL ESTATE

Two Parcels - 1.95 ACRES +/- & 34.00 ACRES +/-

SATURDAY, DECEMBER 10, 2011

3:00 P.M.

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Location:  12081 Chipmans Pond Rd., Laurel, Delaware.  Traveling South on US-13 in Laurel, Delaware, turn East at the light onto Sycamore Rd.  Make immediate right onto Chipmans Pond Rd.  Follow for 1.0 mile to property on the right.  Old Cabin Road accesses both parcels.  Signs will be posted.

Parcel # 1:  Sussex County Map # 2-32-13.00-3.03 PART:  This waterfront 1.9511 acre +/- sub-parcel of land in Broad Creek Hundred is located on the branch across from Chipmans Pond.  It is improved with a 64'x24' cabin, and separated from the pond by a spillway.  The property enjoys spectacular water views, and is nearby a public boat ramp with access to Chipmans Pond.  

Parcel # 2:  Sussex County Map # 2-32-13.00-3.03:  Adjoining Parcel # 1, this waterfront parcel consists of 34 acres +/-, with 15 acres +/- being tillable.  There is excellent development opportunity since the property has the potential for a multi-lot subdivision, and an existing public well.  The location is excellent for canoeing & kayaking to Trap Pond. 

Please Contact Our Office Today For More Information Or To Schedule Your Private Showing.

                                         Owner: Ralph Jamie Givens

Real Estate Terms: 

Parcel # 1: Purchaser shall pay $10,000 down payment day of sale with cash or certified check made payable to Wilson’s Auction Sales, the balance to be paid within 45 days.

Parcel # 2: Purchaser shall pay $25,000 down payment day of sale with cash or certified check made payable to Wilson’s Auction Sales, the balance to be paid within 45 days. All crop rights reserved through December 31, 2011.

Parcels 1 & 2: Purchaser to pay all cost of examination, preparing and transferring deed. Purchaser shall pay the Delaware 1 1/2% State Realty Transfer Tax and the 1 1/2% Sussex County Realty Transfer Tax. Purchaser shall pay any and all other property tax, transfer tax and fees. If the above terms are not complied with, the down payment shall be forfeited. Seller reserves the right to accept or reject any and all bids, but it is their intent to sell the property. This property is being sold "As Is And Where Is" with no expressed or implied warranty. Announcements made day of sale supersede all advertisements.  No Buyer’s Premium.

Auctioneer’s Note:  If you are interested in valuable waterfront property with excellent fishing & deer hunting, or the potential for future development opportunity, you cannot afford to miss this Public Auction. Mark your calendar and plan to attend.  Visit our website for deed description and photos. 

Remember, there is No Buyer's Premium applied to your bid price.

Wilson’s Auction Sales, Inc.

“Professionals On The Move”

Dave Wilson, Auctioneer & Sales Manager

K. Wade Wilson, Auctioneer & Customer Service Representative

(302) 422-3454   Fax (302) 422-0462   www.wilsonsauction.com