IRS Auction - Sales Ad for Klamath Falls, OR

FAQ| Search| IRS Auction Home| Treasury Home Page| Previous Page

Pursuant to an Order of Sale entered in United States vs. Civil No.1:08-cv-03027, United States District Court for the District of Oregon, the United States will offer to sell at public auction the right, title, and interest in and to property located in Klamath Falls, Klamath County, Oregon

Date:

8/8/2012

Time:

11:00 AM

Open House:

July 17th & August 7, 2012 1pm-4pm

Bidder Registration Time:

10:00 AM

Sale Location:

316 N Main, Klamath Falls, Oregon

Title Offered:

Only the right, title and interest of the Taxpayer in and to the property will be offered for sale. If requested, the Internal Revenue Service will furnish information about possible encumbrances, which may be useful in determining the value of the interest being sold.

Description of Property:

Commonly known as: 51775 Hwy 62, Fort Klamath, Oregon 97626
Formerly known as the Rivers of Light Ranch with approx 182 acres of wooded private/quiet land with beautiful Fort Creek running through the property, great fly fishing, eagles and wildlife - less than 30 miles from Crater Lake.
Ranch area: There are several buildings consisting of kitchen, dining, recreation, office, with approx 12 cabins, a large old barn, shed, laundry, etc. in need of repair/updating.
Main house: Magnificent large home with 3 bedrooms with 2.5 baths – has a large kitchen, dining room with fireplace, sun room, living room with another fireplace, extra room over a large 2 car attached garage – front of home overlooks Fort Creek – secluded from the road and cabin portion of the property – some repair needed

Property May Be Inspected at:

Open House July 17th & August 7, 2012 1pm-4pm

Legal Description:

PARCEL 1
The SW1/4 of the SE1/4 and the SE1/4 of the SW1/4, Section 23, Township 33 South, Range 7 ½ East of the Willamette Meridian, Klamath County, Oregon.

PARCEL 2
All of that portion of the NE1/4 of NW1/4 of Section 26, Township 33 South, Range 7 ½ East of the Willamette Meridian, Klamath County, Oregon, East of Fort Creek and which lies North of the Creek known as Short Creek which Creek runs from the Northeast corner of said “40” in Southwesterly direction into Fort Creek.

PARCEL 3
A strip of land located in the SW1/4 SW1/4 of Section 23, Township 33 South, Range 7 ½ East of the Willamette Meridian, Klamath County, Oregon, more particularly described as follows:
Beginning at a point on the East line of the SW1/4 SW1/4 of Section 23, Township 33 South, Range 7 ½ East of the Willamette Meridian, Klamath County, Oregon, from which point a 5/8” rebar with aluminum cap marking the SW1/16 corner of said Section 23 as set during R.O.S. No. 3749 bears North 00º 04’ 11” West 350.00 feet; thence South 89º 55’ 49” West 8.00 feet; thence South 00º 04’ 11” East 338.00 feet; thence North 89º 55’ 49” East 8.00 feet to a point on the East line of said SW1/4 SW1/4; thence along said East line North 00º 04’ 11” West 338.00 feet to the point of beginning.

PARCEL 4
A perpetual non-exclusive easement benefiting Parcels 1, 2 and 3 for ingress and egress to and from Oregon State Highway 62 described as follows:
A piece or parcel of land situate in the SW1/4 SW1/4 of Section 23, Township 33 South, Range 7 ½ East of Willamette Meridian, Klamath County, Oregon, more particularly described as follows:
A Strip of land 30.0 feet in width for roadway purposes, being 15.0 feet on either side of the following described centerline:
Beginning at a point on the West line of the SE1/4 SW1/4 of Section 23, Township 33 South, Range 7 ½ East of the Willamette Meridian, Klamath County, Oregon, from which the Northwest corner of said SE1/4 SW1/4 bears North 0º 34’ West 203.0 feet distance; thence North 78º 25’ West 6.1 feet to an iron pin reference monument in the existing North-South fence; thence North 78º 25’ West 262.4 feet, more or less, to an iron pin in the Easterly right-of-way fence of State Highway No. 62, as the same is presently located and constructed.
As recorded in Easement recorded February 29, 1974 in Volume M74, page 2369, Microfilm Records of Klamath County, Oregon.

PARCEL 5
The NE1/4 SW1/4, NW1/4 SE1/4 and that portion of the S1/2 SE1/4 NW1/4 SW1/4 and S1/2 N1/2 SE1/4 NW1/4 SW1/4 lying Easterly of the Highway, all in Section 23, Township 33 South, Range 7 ½ East of the Willamette Meridian, Klamath County, Oregon.

PARCEL 6
All those portions of the NE1/4 NW1/4 SW1/4 and the N1/2 N1/2 SE1/4 NW1/4 SW1/4 of Sections 23, Township 33 South, Range 7 ½ East of the Willamette Meridian, Klamath County, Oregon, lying Easterly of State Highway 232.

Bid Note:

Mail in bids accepted

Click here for Mail-in Bid Form

Click here for photos of property

The Terms of Payment:

see below

Form of Payment:

see below

Payment Terms: Deferred payment as follows: 5% down upon acceptance of the highest bid. No bid shall be accepted unless it is accompanied by a certified check or cashier’s check, made payable to the United States District Court for the District of Oregon.
Before being permitted to bid at the sale, all bidders shall display proof that they are able to comply with this requirement. No bids will be received from any person who has not presented said proof.
The balance of the purchase price for the real property is to be paid to the Internal Revenue Service Property and Liquidation Specialist by September 7, 2012. Send to Internal Revenue Service – PALS Rm 110 – 500 W 12th St. Vancouver, WA 98660
In the event the successful bidder defaults on any of the terms contained herein, the deposit shall be forfeited and shall be applied to cover the expenses of the sale, with any
amount remaining to be applied to the outstanding liabilities. The parcel of real property so affected shall be again offered for sale. The United States may bid as a credit against its judgment without tender of cash.

For additional information about the property and proposed sale, please contact the following office:

Name:

Mary Smith

Title:

Property Appraisal and Liquidation Specialist

Bureau:

Internal Revenue Service

Address:

500 West 12th Street
Vancouver, WA, 98660

Phone:

360-699-1061 x241

Mobile: