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Seeking Guaranteed Bids
 
The Internal Revenue Service is seeking prospective purchasers of real property in order to redeem and sell the property located at 17 River Road Newport News, VA 23606.
 
 
Date:To Be Announced
Time:To Be Announced
 
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Description of Property: Magnificent Lot along the James River in Virginia, known as the Gold Coast
 
Legal Description: See Link Below
 
Minimum Bid: The minimum acceptable agreement to bid is $ 1,300,000.00
 
Bid Note: The Agreement to Bid must be received no later than January 20, 2014
 
Click here for Agreement to Bid Form
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Click here for Legal Description
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Click here for photos of property
 
To redeem the property under (Section 7425(d) of the Internal Revenue Code or Section 2410 of Title 28 of the United States Code), the Internal Revenue Service must obtain a written agreement to bid, secured by a deposit of 20% of the amount of the bid. The deposit should be made payable to the ´United States Treasury Department´ in the form of a cashier´s check or certified check, a bank or postal money order, a certificate of deposit, or an irrevocable letter of credit. If redeemed, the property will be sold pursuant to Section 7506 of the Internal Revenue Code subject to any prior outstanding mortgages, encumbrances, or other liens that may be superior to the lien of the United States. Agreements to bid must be accompanied by the required deposit.
 
The Agreement to Bid and deposit should be sent to:
Name:James Hill
Title: Revenue Officer
Bureau: Internal Revenue Service
Address: 200 Granby St., Rm 529
Norfolk, VA, 23510
Phone: (757) 213-3873
 
Available images for this Item
View Towards River  
View Towards River
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Closer View of River & Dock  
Closer View of River & Dock
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View From Waters Edge to Street  
View From Waters Edge to Street
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Hillside to Dock View  
Hillside to Dock View
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View From Street  
View From Street
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For additional information, please contact James Hill
Updated: 1/17/2014
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