210 + Acres - 1 Comm'l Parcel, 2 Residential Parcels in Salisbury, Maryland
Description
The Property is believed to consist of approximately 210.22 +/- acres of valuable real property consisting of 1 commercial parcel and 2 residential parcels located near the Village at Parson Lake. The commercial parcel (Parcel 3 above) is located off of Parsons Lake Drive and believed to consist of approximately 4.12 +/- acres and has the following Tax Identification Number: 05-121612. The first residential parcel (Parcel 1 above) is also located off of Brown Road and believed to consist of approximately 156.10 +/- acres and has the following Tax Identification Number: 05-064198. The second residential parcel (Parcel 2 above) is located off of Brown Road and believed to consist of approximately 50 +/- acres and has the following Tax Identification Number: 05-107512.The commercial parcel is believed to be zoned GC-General Commercial. The 2 residential parcels are believed to be zoned R-10A-Residential.
Sale Terms
A deposit in the amount of Fifty Thousand Dollars ($50,000.00), payable by certified check or other form acceptable to the Sheriff’s Department of Wicomico County, will be required of the purchaser(s) at the time and place of sale. The Property will be sold in an “AS IS” condition and without any warranties or representations, either express or implied, as to the nature, condition or description of the improvements.
6 comments:
PNC Bank vs. Tom Ruark for debts owed?
If you people did your research, you would know that TOM RUARK owned these properties, he has since went under or had his loans called in on him or what ever the terminology is, he was unable to pay it and well now you see both properties as they are in the pictures... So maybe, just maybe the city or county took ownership of these properties...
How the mighty have fallen -- thanks to Obama!
This predated Obama, but he sure didn't help. Ruark's business was slipping all the way back to before 2004. Dunn's pipstem annexation and the development on the Dunn property was supposed to bail him out. It didn't.
What about. Village Down river? Will hat be next???
Ruark doesn't own Village Down River. Several new homes being built there now for customers.
Post a Comment