Home News Sullivan to hold delinquent tax sale in Kingsport on Wednesday | Real-estate

Sullivan to hold delinquent tax sale in Kingsport on Wednesday | Real-estate

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Blountville — Sullivan County’s sale of delinquent taxes will auction about 100 properties on Wednesday.

The minimum bid for a parcel ranges from $ 534 (often in a mobile home park) to $ 21,845 for a home on Hawthorn Street in Kingsport. The latter is valued by a county real estate appraiser for a market value of $ 54,400. Originally built in 1943, the 624-square-foot house is auctioned for taxable periods from 2013 to 2020 due to unpaid taxes on Kingsport City and Sullivan County.

Built in 1930 and valued at $ 117,700, the 1,880-square-foot house on Stedman Street may be more attractive to bargain hunters with a minimum bid of $ 40 cheaper and $ 21,245. From 2016 to 2020, it is auctioned off with unpaid taxes in Kingsport and Sullivan County.

“We expect another crowd to come together with the upcoming sale of Sullivan County delinquent taxes,” Sullivan County Secretary and Master Catherine Prister said on Monday. “The last sale in September 2021 had about 110 registered bidders and more than 150 participants.

Face-to-face registration begins Wednesday at 9am. Mr Prister said bidders need to make sure they arrive early enough to have enough time to register.

Bidder can also pre-register online. www.sullivantnchancery.com Until 4:30 pm on Tuesday. If bidders pre-register, they will need to present their photo ID on Wednesday to obtain their bidder registration number.

A list of properties included in the sale is available online. Priester said the list is updated frequently as delinquent taxes on parcels are paid by the current owner.

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“We update our website list as often as possible,” Priester said. “The tax sales list originally started with 183 lots. As of Monday morning, the list was reduced to 100. Many other real estate owners continued to move in and pay taxes to sell the property. I want to exclude it.

Delinquent tax payments will be accepted at any accidental court location in Kingsport, Brauntville, or Bristol until 5 pm Tuesday and the property will be removed from the sale.

Also, even if the property is sold due to the sale of delinquent tax, the owner, the borrower, and those with equity interests have time to redeem the property. The redemption period can range from 30 days to 1 year, depending on the circumstances surrounding the particular parcel.

The sale will take place at the Kingsport Civic Auditorium and will continue the practice initiated in 2020 to ensure adequate social distance by COVID-19. It proved to be a generally better location than the commission room of the historic Sullivan County Hall in Blountville. This courthouse has only 75 seats and can be difficult to park.

“We will continue to use the Kingsport Civic Auditorium due to increased interest and attendance in the sale of taxes,” Pristar said.

If all parcels do not reach the auction block due to Wednesday time, sales will continue on Thursday.

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