By Matthew Saari
Washington County netted $757,450.65 in this year’s tax sale auction – a record sum.
“This would be the highest-grossing auction held,” said county treasurer Al Nolette.
Comparatively, Washington County netted $305,670 in 2017 and only $152,419.20 in 2016. In more than 10 years the next-highest grossing sale was in 2006 when $473,904.47 was garnered by the county.
The annual sale was held on July 28 at the county municipal building in Fort Edward. Sold to the highest bidder were 46 tax-delinquent properties consisting mostly of homes, with a smattering of businesses and vacant lots.
This record year was due in large measure to the purchase of a Kingsbury property by a Granville business owner. The property, at 2323 State Route 149, was on the block for $135,971.78 in back taxes, and 19-23 West Main Street LLC scooped up the property for the hefty sum of $506,381.46.
That amounted to 39.7 percent of the total bids at this year’s auction.
This is only a preview of the story published in the Whitehall Times. To read the full story, pick up a print copy of this week’s paper at the newsstand or read it online here.
This is only a preview of the story published in the Granville Sentinel. To read the full story, pick up a print copy of this week’s paper at the newsstand or read it online here.