Beach Property FENWICK ISLAND Delaware Bay Access Waterfront auction

19 W Atlantic Street near Delaware Rt 1, Fenwick Island DE

25 April, 2022

Description

Directions The streets of Fenwick are Alphabetical after what is considered commercial Ocean City area of Fenwick Island. When coming from the south, Atlantic Street is One Street up from South Carolina Ave, From the north, the streets are in reverse alphabetical order and you turn right after passing Sea Shell City after Bayard St onto West Atlantic St from DE State Route 1. 19 West Atlantic Street is on the north side of the street. This is a chance of a lifetime to get your bay access (Canal Adjacent) with built-in boat slip property on Atlantic Street in the quiet resort town of Fenwick Island, DE. Located only 5 blocks from Ocean City Maryland, this is a property that was in our family for 48 years. We are selling this property to the highest bidder during an Absolute Auction and is being sold “As Is” Specifics regarding the property can be obtained from the auctioneer at the bottom of this description. Terms of the sale below! Don’t miss this chance of a life time! Beach Property’s are hot and the supply is limited in Fenwick Island Delaware! Quick Stats: Gross Living Area Approx 1700 Sq Ft Gross Lot Area 50' x 100' 5000 Sq Ft 5 bedroom areas 1-3/4 Bath Please contact Auctioneer regarding specs and rely on county land records for actual lot information. The photo of the flyer contains the following items and terms which may be hard to read. The PDF Flyer is available at the auctioneer site. Please call the Auctioneer for all inquiries and on site inspections. The company posting all of this information cannot assist you and is only advertising this great property to you! PUBLIC AUCTION COURT-ORDERED SALE OF VALUABLE REAL ESTATE Pursuant to an Order of the Court of Chancery of the State of Delaware, in proceedings relating to the property of JEFFREY DERR, RONALD L. DERR and SHELLY J. SOWERS, the following property will be sold absolutely and without reserve, on the premises, at 19 West Atlantic Street, Fenwick Island, Sussex County, Delaware: Property with improvements on the Northerly side of West Atlantic Street, Lot 66, further identified as 134-23.16-117.00 on Sussex County tax maps. The property will be sold to the highest bidder, AS IS. MONDAY, APRIL 25, 2022 AT 12:00 Noon ------------------------------------------------------------------------------------------------------- TERMS OF SALE A deposit of TWENTY-FIVE THOUSAND DOLLARS ($25,000.00) must be paid by the Buyer at the time of the sale to Richard E. Berl, Jr., Esquire, Trustee, with the balance of the purchase price to be paid, at the Law Offices of Hudson, Jones, Jaywork & Fisher, LLC, Dartmouth Business Center, 34382 Carpenter’s Way, Suite 3, Lewes, DE 19958, on or before May 16, 2022. The down payment made on the day of sale will be treated as part of the purchase price if all the terms of the sale are met; otherwise, it will be forfeited for non-compliance and treated as liquidated damages. Buyer to pay the cost of the Deed and one half (½) of all applicable transfer taxes. Taxes, special assessments, water, sewer, and other public charges, ground rent, condominium fees, rentals, fuel, public utility charges and other fixed charges are to be prorated as of date of Sale. Sale subject to confirmation by the Court of Chancery. NOTICE TO CREDITORS NOTICE in compliance with Delaware law is hereby given that the shares of interest of JEFFREY DERR, RONALD L. DERR and SHELLY J. SOWERS in the above described parcel of land will be sold as set forth above and all persons having or claiming any liens or encumbrances against the above named shareholders, are hereby notified to appear in the Court of Chancery of the State of Delaware, 34 The Circle, Georgetown, Delaware (or such other location as the Court may determine), no later than thirty (30) days after the Trustee’s Sale, and make proof of said claim and the amount due thereon. RICHARD E. BERL, JR., ESQUIRE TRUSTEE Dartmouth Business Center 34382 Carpenter’s Way, Suite 3 Lewes, DE 19958 RICHARD L. BRYAN, AUCTIONEER Delaware Realty Auctions 1143 Savannah Road P.O. Box 34 Lewes, DE 19958