Four county properties set for high bidder

By AUTUMN HUGHES
Posted 6/15/18

Four county-owned properties are slated to soon be sold to the highest bidder while two others will likely be presented for lower prices recommended by the Bradley County Commission’s Tax Committee.

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Four county properties set for high bidder

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Four county-owned properties are slated to soon be sold to the highest bidder while two others will likely be presented for lower prices recommended by the Bradley County Commission’s Tax Committee.

Bradley County Attorney Crystal Freiberg said the last time the committee met in April it approved minimum bids for six parcels of land. After advertising the property for sale, bids were received on four of the properties.

“We are in the process right now of preparing the deeds,” she said, adding she anticipates the properties will be deeded and transferred “very soon.”

Winning bids were submitted for:

• 6th Street N.E. – the winning bid was $1,912. The market value is listed at $11,100, and Bradley County paid $1,762.20 for the parcel.

• 251 Fair Street S.E. – the winning bid was $751. The market value is listed at $4,600. The parcel includes a City of Cleveland demolition lien of $3,515.94. Bradley County paid $270.02 for the parcel.

Before the winning bid came in, the last advertised minimum bid for the property was $500, which the Tax Committee set in April after receiving no bids during a previous offering.

• Farmway Drive S.E. – the winning bid was $51. The market value is listed at $20,300, and Bradley County paid $1,839.62 for the parcel.

Before the winning bid came in, the last advertised minimum bid for the property was $1, which the Tax Committee set in April after receiving no bids during three previous offerings.

In April, Freiberg said the parcel is located in Farmingdale subdivision and was planned as a common area. She added the property has a steep elevation not necessarily suited for development.

• 565 4th St. N.W. – the winning bid was $2,800. The market value is listed at $3,700, and Bradley County paid $3,404.43 for the parcel.

Before the winning bid came in, the last advertised minimum bid for the property was $2,500, which the Tax Committee set in April after receiving no bids during three previous offerings.

In April, Freiberg said there was a bid on this parcel when it was advertised previously, but that the bid was withdrawn. The parcel was advertised on Dec. 26, 2016, and the $3,404.43 bid withdrawn on Feb. 1, 2017.

“We would need to get with the city of Cleveland on this as well because of the demo lien,” Freiberg said in April. “We’ve been effective at doing that in the past.”

Also in April, Freiberg said in the past on similar properties the county has set a minimum bid and requested for the city to consider a lower price; if the city agrees, then the sale price is prorated and split between the city and county, which allows the property to be cleared from both governments’ books.

The two county-owned properties that received no bids are:

• Woodlawn Street S.E. – The market value is listed at $400, and Bradley County paid $670.92 for the parcel. In April, the committee approved setting a minimum bid of $671.42.

During this week’s meeting, the committee approved setting the new minimum bid at $1.

• 1407 Wildwood Lake Road S.E. – The market value is listed at $5,700, and Bradley County paid $2,488.04 for the parcel. In April, the committee approved setting a minimum bid at $2,958.75.

During this week’s meeting, the committee approved setting the new minimum bid at $1,000.

“It is a small lot that sits between two properties,” Freiberg said, adding the lot may be buildable but is very small.

Based on the Tax Committee’s recommendation, the full County Commission will need to consider the minimum bids for the two parcels during its voting session Monday.


Inset Quote:

“We would need to get with the city of Cleveland on this as well because of the demo lien. We’ve been effective at doing that in the past.” — Crystal Freiberg

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