St. Louis Cty Nets Almost $400,000 In Tax Forfeited Land Sale

Good news for taxpayers in St. Louis County:  the Tax Forfeited Land Auction held on February 13 added almost $400,000 to the counties coffers against the mill rate.  The file tally for the sale - the first scheduled for 2020 - closed at $397,575.  In all, 27 of the 65 properties offered up for sale were sold - representing a 41% sales rate - the highest percent of tracts purchased at an auction in recent memory. Eight of the properties purchased are formerly blighted parcels that have been cleaned up and structures removed to make way for future development.

Now that the sale has come and gone, the remaining parcels are up for sale on a first come-first served basis through the St. Louis County Land and Minerals Department.  According to information released, nearly 200 properties are up for sale via this method currently. Click here to get more information about them.

At the same time, an additional grouping of parcels that had earlier been offered up for online bidding are also available for sale.  Click here to see these 14 properties.

The next Tax Forfeited Land Auction for St. Louis County is scheduled for June 11. To learn more, click here.