St. Louis County Tax-Forfeited Land Sale Brings In $360,840
The Valentine's Day tax-forfeited land auction that was held by St. Louis County on Thursday, February 14 was very successful - netting a good return for the counties taxpayers. In total, the sale brought in $360,840.
The counties bottom line profited from the auction - even as some bidders walked away with outstanding deals. In one example: An 80-acre parcel in Gnesen Township sold for $143,500 - which was more than $40,000 than the initial asking price.
In total, 17 parcels were sold off during the land auction - returning them to the property tax base. 90 land parcels were originally offered up for sale during the tax forfeited land auction - including recreational land, buildable lots, and several houses. All remaining parcels are now available for sale on a first come, first served basis through the St. Louis County Land and Minerals Department.
Two more land auctions are planned for this year (2019): June 13 in Hermantown and October 11 in Virginia.
Here's a Valentine's Day gift suggestion that's truly unique: Give your sweetheart a parcel of land this year! More than 90 tax-forfeited properties will be up for grabs to the winning bidder at the St. Louis County Land Sale scheduled for Thursday, February 14.
. To see an online catalog before going, click here.