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Gina D. Shaffer, Attorney
Shaffer, McLauchlin & Stover, LLC
9921 Stephen Decatur Highway – Suite C3
Ocean City, MD 21842
$100,000 Suggested Opening Bid
“Montego Bay Mobile Home Park”
3 Bedroom ◆ 2.5 Bath
On Deeded Lot
13329 NANTUCKET ROAD
Off 133rd Street – Bay Side
Worcester County, MD 21842
SATURDAY, APRIL 27, 2019
AT 10:00 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.
Pursuant to an Order of the Circuit Court for Worcester County passed in the matter of the Guardianship of Marcella Maka, the undersigned will sell at public auction:
All that fee simple lot of ground and the improvements thereon, situate and lying in the Tenth Election District of Worcester County, Maryland and being more fully described as follows:
BEING KNOWN AND DESIGNATED as Lot No. 1658, as shown on a Plat entitled, “Montego Bay Mobile Home Park – Section Four – B,” which said plat is recorded among the Land Records of Worcester County in Plat Book F.W.H. No. 21, folio 40, et seq. The improvements thereon being known as 13329 Nantucket Road; lot size 40′ x 90′, more or less.
The property is improved by a one story vinyl siding manufactured home, built in 2004 and containing 1,440 square feet of living area, according to public tax records. The home has a composition shingle roof, concrete block foundation, vinyl-clad double-hung windows and a two-car parking pad. Interior contains:
The home needs updating and cosmetic repairs.
Annual HOA fee is $272. Montego Bay is within walking distance of the beach and Atlantic Ocean, Assawoman Bay, Northside Park, restaurants, bars, shops and public transportation. The community has an outdoor swimming pool, tennis courts and common grounds. Neighborhood homes appear well kept.
Published annual real estate taxes are $3,530, based on a full value assessment of $249,900. Purchasers may petition for a reduction in the assessment of their property in conjunction with a purchase price substantially less than the currently assessed value of the property. Purchasers are encouraged to contact the Maryland State Department of Assessments & Taxation concerning the appeals process, and may see the following link for helpful information:
Please refer to the contract of sale for complete terms.
A $10,000 deposit, payable by 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 by 10:00 A.M., Monday, April 29 at the Auctioneer’s office. 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, homeowners association fees, 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, and subject to the Declaration, By-Laws, Rules and Regulations of the Montego Bay Mobile Home Park. Purchaser assumes the risk of loss from the date of contract 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, transfer taxes 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.
Gina D. Shaffer, Guardian of Marcella E. Maka