EN County Owned Surplus Property
Information
Being sold in accordance with North Carolina General Statues 105-376 (c) as real property purchased at a tax foreclosure sale by a taxing unit. Stokes County is selling its “Interest” only in the property and will be issuing a quitclaim deed only. No survey or title search has been completed. It is possible for there to be outstanding deeds of trust attached to property.
Upset Bids Procedure – North Carolina General Statute 153A-176, 160A-269
Stokes County is soliciting offers to purchase advertised tax foreclosed property. When an offer is made and the Board of Commissioners propose to accept it, the Board will require the bidder to deposit five percent (5%) of his/her bid amount with the Purchasing/Project Manager, and shall publish a notice of the offer. The notice shall contain a general description of the property, the amount and terms of the offer, and a notice that within 10 days any person may raise the bid by not less than ten percent (10%) of the first one thousand dollars ($1,000) and five percent (5%) of the remainder. When a bid is raised, the bidder shall deposit with the Purchasing/Project Manager five percent (5%) of the increased bid amount, and the Purchasing/Project Manager shall re-advertise the offer at the increased bid amount. This procedure will be repeated until no further qualifying upset bids are received, at which time the Board of Commissioners may accept the offer and sell the property to the highest bidder.
The Stokes County Board of Commissioners reserves the right to reject any and all offers received if the Board deems it to be in the best interest of Stokes County.
To make an offer to purchase a listed parcel, contact Glenda Pruitt, Purchasing/Project Manager (336) 593-2452.
Questions concerning property locations or travel directions, contact the Tax Office at (336) 593-2811.
Download Blank Surplus Property Tax Form (.pdf form)
|
Parcel Number |
Location |
Tax Value |
Minimum Bid |
Deed Bk/Pg |
County Acquired |
|
694102764215 |
.10 ac Hollow Rd |
$400.00 |
$375.00 |
601/457 |
10/28/2009 |
|
697500440773 |
$13,000 |
|
764/312 |
5/26/2023 |
|
|
6911-02-66-8885 |
$3,300 |
|
765/1798 |
7-17-23 |