St. Louis County Land Auction Nets Nearly $700,000
The recent land auction conducted by St. Louis County was profitable for the budget, bringing in a net yield of nearly $700,000. Those funds go directly to the bottom line of the operating budget, benefiting taxpayers.
In total, 30 tax forfeited properties were sold for a total of $690,145. Those sales represented nine tax forfeited homes and 20 other properties that are now back in private ownership. Properties sold range from $87,500 for a large lot with a two-bedroom home in Morse Township to a small triangular-shaped parcel in Winton that went for $45.00.
The remaining parcels that did not get sold are now available for sale to the general public to be sold on a first come - first served basis. Purchases can be made through the St. Louis County Land and Minerals Department. More than 250 parcels are still available for sale. A complete list is available online and is available by clicking here.
The June sale was the second of the year. One more auction is planned for 2019 - to be held on October 10 in Virginia.