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Posted on: September 24, 2017

PUBLIC AUCTION NOTICE – TAX POSSESSION PROPERTY LOCATED ON MAROSE AVENUE, NORTH CHELMSFORD

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September 22, 2017

PUBLIC AUCTION NOTICE – TAX POSSESSION PROPERTY

LOCATED ON MAROSE AVENUE, NORTH CHELMSFORD

Parcel Identifier No. 25/59/30

 

A parcel of land located on Marose Avenue, North Chelmsford will be sold at Public Auction on Tuesday, October 24, 2017 at 10:00 A.M. at Town Offices, 50 Billerica Road, Room 205. 

This parcel of land is shown in the records of the Chelmsford Assessors as Parcel Identifier number 25/59/30 and being the premises described in book 28921 on page 212 at the Middlesex North Registry of Deeds.  The parcel contains approximately 1.03 Acres, more or less.

Background:  The Town of Chelmsford acquired this property as the result of a Judgment entered by the Land Court on March 5, 2015 in the Town’s tax lien foreclosure case, No. 14 TL 148352.

Terms and Conditions of Sale

The successful bidder will be required to pay a non-refundable deposit of $5000.00 in the form of cash, money order, or certified check to pre-qualify for auction participation.  Personal or business checks will not be accepted.  The buyer will also be required to pay pro forma real estate tax for FY2018.  The buyer will be required to execute a Memorandum of Sale, Certificate of Non-Collusion, Arson/Tax Delinquency Statement, and other forms required by law.  The balance of the purchase price and all fees must be paid to the Town of Chelmsford within 30 days after the auction.  Additional terms and conditions may be announced at the auction.

The property is being sold “As-Is”.   The Town of Chelmsford makes no warranties, guarantees, or representations for this property and urges all bidders to rely entirely on their own inspection and investigation of the premises. 

Assessed Value: $97,500.00

If you have further questions regarding this auction, please contact the Treasurer’s Office at (978) 250-5210.  Additional information is available online at: www.townofchelmsford.us

           

John Sousa, Jr.

 Finance Director/ Tax Title Custodian           

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