IRS Auction - Sales Ad for Missouri City, TX

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

Notice of Public Auction Sale – Redeemed Property

Under the authority of Section 7506 of the Internal Revenue Code, the property described below will be sold at public sale. The United States redeemed this property under the provisions of Section 7425 of the Internal Revenue Code, Section 2410, Title 28, United States Code on November 8, 2012. The property was deeded to the United States on November 16, 2012. The sale will be held by public auction as follows:

Date:

1/24/2013

Time:

9:00 AM

Open House:

January 10th & 17th, 2013 – 9:00 – 12:00

Bidder Registration Time:

8:45 AM

Sale Location:

2607 Bermuda Dunes Drive, Missouri City, TX 77459

Title Offered:

Description of Property:

A 2,217 sq. ft. single family brick home, with central air and heat, built in 1975 with a two car detached garage with attached breezeway; 3 bedrooms, 2 ½ baths; large open family room with fireplace, built in book cases and wood panel walls; open wet bar; spacious back yard; built in kitchen appliances – stove and oven; granite counter tops; covered patio; utility room and built in shelves throughout the house; per Ft. Bend County Appraisal District – acct #5902-00-012-0600-907 and Appraisal District No.: R97953- fair market value $142,830.00 – across from the Quail Valley Golf Course.

Property May Be Inspected at:

During Open House Only. Open House dates and times subject to change, please call 713- 201-8820 to confirm.

Legal Description:

Lot Six (6), in Block Twelve (12), of Quail Valley, El Dorado Section, an Addition in Fort Bend County, Texas, according to the map or plat thereof recorded in Volume 7, Page 1 of the Plat Records of Fort Bend County, Texas.

Minimum Bid:

$82,000.00

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

The Terms of Payment:

A deposit of $16,400.00 is required when the highest bid is tentatively accepted. When the highest bid is tentatively accepted, the highest bidder must deposit $16,400.00 with the PALS. The balance of the purchase price must be paid in full no later than 30 calendar days after the highest bid is accepted.

The highest bidder must deposit $16,400.00 within two hours from the conclusion of the sale. The balance of the purchase price is due and must be paid no later than February 22, 2013.

Payment of all required deposits and the balance of the purchase price must be made by certified, cashier’s or treasurer’s check drawn on any bank or trust company incorporated under the laws of the United States. Payment may also be made by any United States postal, bank, express or telegraph money order. All checks and money orders should be made payable to the United States Treasury.

If the highest bidder defaults in payment of the bid price, and the property is not sold for at least the amount of the highest bid, the bidder’s deposit will be retained pending final determination of the damages the Government sustained because of the bidder’s default. If damages are more than the amount of the bidder’s deposit, the bidder will be liable for excess damages.

The Government reserves the right to reject any and all bids and to withdraw the property from the sale.

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

Name:

Sheila Kuykendall

Title:

Property Appraisal and Liquidation Specialist

Bureau:

Internal Revenue Service

Address:

12941 I-45 North, Suite 316,
MS-5224HNW
Houston, TX, 77060-1235

Phone:

(713) 201-8820

Mobile: