Email: info@ajbillig.com
6500 Falls Road, Baltimore, MD 21209
Click 'AJ' icon to access map directions.
The property will be open 1 hour prior to the live onsite auction and is also available to view per the following instructions:
For Agents: please schedule online via ShowingTime.
For Individuals: Request Access to Property. Once the completed form has been received, you will receive inspection instructions via email. Inspection requests are normally answered Mon.-Fri. 9 am – 4 pm.
Live Auction Bidders – A $25,000 deposit, payable by 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 11:00 a.m. on Monday, December 4, 2023, at the Auctioneer’s office. Personal checks for the difference in the deposit will be accepted at the sale site or wiring instructions will be provided.
Online Auction Bidders – a $25,000 deposit, payable by cashier’s check or wire, will be required of all online bidders prior to the start of the live auction. The deposit will be held in escrow until the completion of the auction and will be retained from the winning bidder. Other bidder deposits will be returned within one business day. Interested parties who do not provide a deposit in advance as stated above will not be permitted to bid. When you register for an online auction, a “ping” will be placed on your credit card and immediately voided, you will not be charged the deposit amount. The deposit shall be increased to 10% of the purchase price by cashier’s check or wire transfer by 4:00 P.M. on the day of auction.
Deposit Escrow Agreement
No buyer’s premium. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page and see the Sample Contract.
Live Onsite & Simulcast Online Bidding
$250,000 Opening Bid
EASTERN SHORE
Kent County, Delaware
SCENIC HORSE FARM
21.61± Acres ◆ 3 Bedroom Rancher
Outbuildings ◆ Run-In Sheds
Fenced Corrals ◆ Dry Lots ◆ Pond
Known As
1018 LONGRIDGE ROAD
Clayton, DE 19938
Online Bidding Opens
WEDNESDAY, NOVEMBER 29, 2023
Live Onsite Auction
FRIDAY, DECEMBER 1, 2023
AT 12:00 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.
LOCATION:
1018 Longridge Road is situated just east of the Maryland-Delaware line in central Delaware, east of US-301, west of US-13 and DE-1, about twelve miles north of Dover and about twelve miles west of the Delaware Bay. The surrounding area is scenic and rural. The property adjoins the Blackbird State Forest Dulaney Manor Tract, providing walking and riding trails through woodlands. The Town of Clayton is about a five minute drive from the farm. Clayton is a quaint Eastern Shore town, with shops, offices, restaurants and community services. The farm is about fifteen minutes from Dover Downs harness racing and casino.
For additional information:
Town of Clayton, DE – clayton.delaware.gov
SITE:
21.61 acres of level land – approximately 7 acres are clear and the balance is wooded with old-growth trees. Approximately 0.25 acre spring-fed pond with wild turkeys, deer, geese and ducks. Plat
Zoning AR, agricultural-residential
Wells – main well is 120′ deep with pump at 75′ and additional shallow well
Septic system
4 – run-in sheds – 9 stalls
2 – tractor and 2 – hay sheds
One-car garage/shop/office building
Farrier shop with tack room and 20′ x 20′ grooming/tacking area
Outside wash racks for horses
5 – post and vinyl coated wire corrals
4 – post and vinyl coated wire dry lots
5 – dusk to dawn pole lights
2 – dog kennels
Chicken coop
HOUSE:
One Story Ranch Home, built in 1960, containing 1,044 square feet, plus basement, according to public tax records.
Exterior – vinyl siding (over clapboard siding), architectural shingle roof, vinyl-clad and wood double-hung windows, concrete block foundation
Interior
Mechanical – electric baseboard heat, central air conditioning, 200 ampere electric (separate meters for house and farm buildings), sump pump, internet service, electric water heater
TITLE/REAL ESTATE TAXES:
The property is in fee simple and sold free and clear of liens. Known as Parcel No. KH-00-016.00-01-37.00-000.
Published annual real estate taxes are $866.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – A $25,000 deposit, payable by 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 11:00 a.m. on Monday, December 4, 2023, at the Auctioneer’s office. Personal checks for the difference in the deposit will be accepted at the sale site or wiring instructions will be provided.
Online Auction Bidders – a $25,000 deposit, payable by cashier’s check or wire, will be required of all online bidders prior to the start of the live auction. The deposit will be held in escrow until the completion of the auction and will be retained from the winning bidder. Other bidder deposits will be returned within one business day. Interested parties who do not provide a deposit in advance as stated above will not be permitted to bid. The deposit shall be increased to 10% of the purchase price by cashier’s check or wire transfer by 4:00 P.M. on the day of auction.
Deposit Escrow Agreement
Deposit funds shall be held by A. J. Billig & Co., LLC. 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, including agricultural transfer tax if any, 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.
