Online Tax Forfeited Land Auction results in nearly $1.25 million in sales

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Land & Minerals Department • 320 West Second Street, Suite 302 • Duluth, MN 55802
7820 Highway 135, Virginia, MN 55792
Phone: (218) 726-2606 • www.stlouiscountymn.gov

Julie Marinucci
Director

NEWS RELEASE

 

 

FOR IMMEDIATE RELEASE: 
February 14, 2022

MEDIA CONTACT:

Julie Marinucci, Director of Land and Minerals

218-742-9898

 

Online Tax Forfeited Land Auction results in nearly $1.25 million in sales

St. Louis County's first online auction of the year featuring newly offered tax forfeited properties has closed with 33 properties sold back into private ownership for a total of nearly $1.25 million. The auction, conducted through publicsurplus.com, closed February 10. 

 

Of the properties sold in this most recent auction, nearly half were purchased by adjoining owners or others in the near vicinity. Seventeen properties had competing bids resulting in sales above the original listing price. The auction featured a variety of properties including recreational land, buildable lots, waterfront property and more. Properties purchased include 12 lots that had been cleaned up and structures razed, a home in Virginia, three lakeshore lots and two with rivers or streams.

 

Properties that were not purchased at the auction are now available for sale on a first come, first served basis through the St. Louis County Land and Minerals Department until sold or put back on the online auction. There are approximately 50 properties currently posted on the Available List for purchase. More information on those properties, along with results from this latest auction, can be found online at stlouiscountymn.gov/landsales

 

St. Louis County offers new tax forfeited properties for sale by auction three times each year. The others will be held in June and October. Additional auctions are offered throughout the year for properties that remain unsold from previous sales.

 

Within St. Louis County there are nearly 900,000 acres of tax forfeited land, which the County's Land and Minerals Department is responsible for managing. Most of the land is maintained for resource management, however, the County is working to sell parcels that are not planned for management as a way to encourage development and increase the property tax base.

 

For more information about tax forfeited land sales, or to subscribe to receive email notifications about updates and future sales, visit stlouiscountymn.gov/landsales or call the Land and Minerals Department at (218) 726-2606.

 

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