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Delaware Department of Transportation

Real Estate Auctions


Sussex County Tax Parcel No.: 134-13.00-18.00
CONDITION OF SALE PARCEL INFORMATION
The State of Delaware, Delaware Department of Transportation, Real Estate Services Section, is selling the following described properties:
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PARCEL INFORMATION:
Location(s): 41 Atlantic Avenue, Ocean View, Delaware
Sale Includes: 0.4689 acres +/-
Real Estate Plot No.: 134-13.00-18.00
Survey 
Zoning: GB-1 (General Business-1)
Sale Date: Tuesday, November 16, 2021(Printer Friendly Version of Public Notice 
Time: 10:00 a.m.
Place: 41 Atlantic Avenue, Ocean View, Delaware
Open House: Tuesday, November 9, 2021, 10:00 a.m. to 11:00 a.m. (On-Site)
Approved Appraised Value: $320,000.00
Minimum Sale Price: $272,000.00 (85% of Approved Appraised Value)
CONDITION OF SALE:
  1. Deposit: 10 percent of the Minimum Sale Price ($27,200.00) at Time of Auction Certified/ Cashier's check must be presented to be a registered bidder
  2. Method of Payment: Certified Check or Cashier’s Check made payable to:
    Delaware Department of Transportation (DelDOT)
  3. The parcel is being sold in "AS IS" condition and may be inspected on the day of the open house, which is, Tuesday, November 9, 2021, 10:00 a.m. to 11:00 a.m.
  4. Balance of payment due at settlement, which shall occur within Ninety (90) days from the date of the Approved Sales Contract.
  5. Buyer is responsible for meeting the Department’s Schedule for settlement
  6. If buyer fails to comply with any conditions set forth, the deposit will be forfeited
  7. Settlement should occur on or before 90 days from the approval of sales contract by DelDOT.
  8. DelDOT is in compliance with all federal and state civil rights and non-discrimination laws and requirements.

For more information concerning condition of sale and property information, please call:

Land Services
P. O. Box 778
800 Bay Road
Dover, Delaware, 19903
(302) 760-2228 & FAX (302) 739-2881
www.deldot.gov/Business/auctions/index.shtml



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