St. Louis County Holds First Tax Forfeited Land Auction Of 2022
The catalog is ready and bidding is open for the first Tax Forfeited Land Auction of the year for St. Louis County. Nearly 50 properties are up for bid and similar to the auction events from last year, this one is also being held entirely online.
Successful bidders have the opportunity to walk away with some outstanding deals. According to details released by St. Louis County in advance of the sale, there are at least eight lakeshore lots up for sale plus a variety of river frontage parcels; some of these are accessible by water only. In addition, a four-bedroom home in Virginia is included in the sale as well as twelve lots that have been cleaned up and structured razed. Along the way there are also some buildable lots and recreational land parcels included, too.
To visit the online land auction catalog, click here to get started. Even though the land auction is being run as an online sale only, St. Louis County has printed catalogs to generate interest; you'll find these at numerous gas stations, convenience stores, grocery stores, and other businesses throughout the county.
To be eligible to bid, a person can not have any delinquent property taxes due on property they already own in St. Louis County. If this pertains, those individuals would need to first pay what they owe before purchasing at auction or over the counter from the sale catalog.
St. Louis County has nearly 900,000 acres of tax forfeited land, which the Land and Minerals Department is responsible for managing. Most of the land is maintained for resource management, but the county also encourages the sale of land that's not suitable for management as a way of encouraging development and increase the property tax base.
In the details shared when they announced this sale, St. Louis County reported that in 2021, their Land and Minerals Department sold 185 tax forfeited properties through online auctions. Those sale proceeds totaled more than $3.5 million, plus an additional 81 properties that - after not being sold at auction - were sold over the counter for nearly $750,000.