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File #: 18-8123    Version: 1 Name: Sale of Tax Foreclosure Property at 1813 Dalworth Street
Type: Agenda Item Status: Consent Agenda
File created: 7/27/2018 In control: Engineering
On agenda: 8/7/2018 Final action: 8/7/2018
Title: Sale of Tax Foreclosure Property at 1813 Dalworth Street to Maria Bustio for $71,555 and authorize the City Manager to execute a Quitclaim Deed
Attachments: 1. LOTS_MAP_1813_Dalworth_for_July2018.pdf

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Title

Sale of Tax Foreclosure Property at 1813 Dalworth Street to Maria Bustio for $71,555 and authorize the City Manager to execute a Quitclaim Deed

 

Presenter

Steve Norwood, Director of Planning and Development

 

Recommended Action

Approve

 

Analysis

This property was struck off to the taxing jurisdictions by Sheriff’s Deed for delinquent taxes, penalties,  interest and court costs.   The City advertised one foreclosure property for sale by sealed bids with a bid opening on July 25, 2018, (see attached map for location).  Responsive bids were received, as follows:

 

 

1813 DALWORTH STREET: ($32,000 Minimum Bid) ---HOUSE

                     Maria Bustio                                              $71,555.00                                                                                    High Bidder of 4

                     Leonardo Chiessa                       $35,053.00

                     Adam Hernandez                        $39,100.00

                     Antonio Garcia                       $35,101.00

 

TIMES OFFERED FOR SALE:   1

                     

 

This item will authorize the City Manager or his designee to execute a quitclaim deed to the successful bidder for 1813 Dalworth Street at the respective purchase price.

 

Financial Consideration

This property is currently off the tax rolls.  After the sale, it will return to the tax rolls and the new owner will be responsible for maintenance.