PUBLIC ESTATE AUCTION
VALUABLE REAL ESTATE – SEVEN PARCELS
SATURDAY, SEPTEMBER 8, 2012
11:00 A.M.
Location: 28363 Liden School Road, Greenwood, Delaware. Traveling North on US-13 (Sussex Hwy) in Greenwood, DE, turn left at the light onto SR-16 (Market Street). Continue for approximately 1.3 miles, then turn right to stay on SR-16 (Hickman Road). Proceed for 7 miles and turn left onto Liden School Road. Follow 4/10 mile to auction site on the left.ORTraveling East on MD-404 from Denton, MD, proceed 5.2 miles and turn left onto MD-16 (Greenwood Road). Continue 2.5 miles and turn right onto Liden School Road. Proceed 4/10 mile to auction site on the left.
Signs will be posted.All Parcels To Be Sold From This Location.
Parcel # 1:Sussex County Tax Map # 5-30-1.00-1.01: Located on the East side of Liden School Road, this parcel is approximately 150’ x 290’ and contains 1.0 acre +/- of land.It is improved with a ranch style home with three bedrooms, two baths, living room, family room, dining room, kitchen, utility room, attic storage, attached two car garage, and open front porch.Amenities include ceiling fans throughout, French doors, Whirlpool refrigerator/freezer, Kenmore electric range, GE wall oven, GE microwave, Maytag washer, Kenmore dryer.The home has a 200 amp electric service, zoned electric baseboard heating, wood burning stove, Tempstar central air conditioning, State 52 gallon electric hot water heater, vinyl siding, asphalt shingle roof and standard well and septic system. There is a blacktop driveway and parking area which leads to a state of the art 30’ x 48’ detached four bay metal building with cement floor, 100 amp electric service, electric overhead door openers, and cupola.
Parcel #2: Sussex County Tax Map # 5-30-1.00-1.00: Located on the East side of Liden School Road, and adjoining Parcel # 1, this parcel contains 55.19 acres +/- of land.It is improved with a 2 ½ story framed dwelling with three bedrooms, one bath, living room with fireplace, dining area, kitchen, den, utility room and enclosed front porch. The home has a 200 amp electric service, electric hot water heater, vinyl siding, asphalt shingle roof and standard well and septic system. The property is also improved with several detached outbuildings as listed with approximate dimensions: 40' x 76' metal pole building, 28’ x 28’ building, 18’ x 32’ building with lean-to, and 12’ x 18’ storage building.
Parcel # 3: Sussex County Tax Map # 5-30-2.00-2.00:Located on the East side of Liden School Road, and adjoiningParcel # 2, this parcel contains 36.0 acres +/-with no improvements thereon.
Parcel # 4:Kent County Tax Map # 6-00-19600-01-5600-00001: Located on the East side of Liden School Road, and adjoining Parcel # 5, this parcel contains 1.5 acres +/- of land.It is improved with a single dwelling with one bedroom, one bath, kitchen, living room, and single garage.
Parcel # 5:Kent County Tax Map # 6-00-19600-01-6100-00001: Located on the East side of Liden School Road, and adjoining Parcel # 4 & Parcel # 2, this parcel contains 13 acres +/- of land with no improvements thereon.
Parcel # 6: Caroline County District 03 Account # 013219 / Map 0038 Grid 0011 Parcel 0007 Subdivision 0000 Assessment Area 2:Located on the northwest side of Substation Road, this parcel contains 134.67 acres +/-, with 72 acres +/- tillable, and no improvements thereon.
Parcel # 7: Caroline County District 03 Account #004295 / Map 0039 Grid 0013 Parcel 0014 Subdivision 0000 Assessment Area 2:Located on Liden School Road, this parcel contains 81 acres +/-, with 43 acres +/- tillable, and no improvements thereon.
The Estate of Harvey F. & Carolyn S. Cashwell
Real Estate Terms:
Parcels # 1 & 2:Purchaser shall pay $20,000.00 down payment day of sale with cash or certified check made payable to Wilson’s Auction Sales, the balance to be paid on or before December 15, 2012.
Parcels # 3 & 5:Purchaser shall pay$10,000.00 down payment day of sale with cash or certified check made payable to Wilson’s Auction Sales, the balance to be paid on or before December 15, 2012.
Parcels # 4:Purchaser shall pay$5,000.00 down payment day of sale with cash or certified check made payable to Wilson’s Auction Sales, the balance to be paid on or before December 15, 2012.
Parcel # 6 & 7:Purchaser shall pay $25,000.00 down payment day of sale with cash or certified check made payable to Wilson’s Auction Sales, the balance to be paid on or before December 15, 2012. Subject to Agricultural Transfer Tax recapture rules, and to Agricultural Easement in favor of the Federal Land Bank of Baltimore and the State of Maryland, pursuant to Title 2 of Subtitle 5 of the Agricultural Article, Maryland Annotated Code.
All Parcels:Purchaser to pay all cost of examination, preparing and transferring the deed. Purchaser shall pay any and all other property transfer taxes, agricultural rollback taxes (Delaware), agricultural transfer tax recaptures (Maryland), 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. All 2013 crop rights are reserved, available in 2014.Announcements made the day of sale take precedence over any and all other statements and advertisements. No Buyer’s Premium.
Auctioneer’s Note: Mark your calendar, and plan to attend the Tri-County Farms Real Estate Auction for the Cashwell Estate. Don’t miss this rare opportunity to purchase at Public Auction multiple parcels of real estate from a single Estate.
Wilson’s Auction Sales, Inc.
We Don’t Talk Service.......We Give It.
Dave Wilson, Auctioneer & Sales Manager
K. Wade Wilson, Auctioneer & Customer Service Representative
(302) 422-3454Fax (302) 422-0462 www.wilsonsauction.com
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