Cabarrus Tax Foreclosure Property Sales

ADVERTISEMENT FOR SEALED BIDS
SALE OF COUNTY PROPERTY
(Fiscal Year 2013 Tax Foreclosure Sales)
The Board of Commissioners of Cabarrus County has authorized the sale by sealed bid of the parcels of real
estate (the “Property”) attached as Exhibit A.
The County will accept sealed bids for the Property until 3:00pm, Tuesday, September 18, 2012, at the office
of Sherri Barnhardt, County Purchasing Agent/Contract Administrator, Finance Department, Second Floor,
Room 288, Cabarrus County Governmental Center, 65 Church Street, Concord, North Carolina. At 3:00pm
on September 18, 2012, all bids received shall be opened in public and the amount of each bid announced
and recorded. The record of bids shall be reported to the Board of Commissioners at their work session
meeting on Monday, October 1, 2012.
The Board of Commissioners will determine the highest responsible bidder for the Property and may
award the bid by its regular meeting on Monday, October 15, 2012. The Property is being sold “as is, where
is”. Bids will remain open and subject to acceptance until the Board of Commissioners awards the bid. For a
bid to be considered, it must be in a minimum amount equal to the taxes paid.
Each bid must be accompanied by a bid deposit of five percent (5%) of the amount of the bid. A bid deposit
may take the form of cash, a cashier’s check, a certified check, or a surety bond. The deposit of the bidder to
whom the award is made will be held until sale of the Property is closed; if that bidder refuses at any time to
close the sale, the deposit will be forfeited to the County. The deposits of other bidders will be returned at the
time the Board of Commissioners awards the Property to the highest responsible bidder.
In order for a bid to be considered, the bidder must be current on payment of all property taxes owed the
County.
The County reserves the right to withdraw the Property from sale at any time and the right to reject all bids.
Inquiries about sale of the Property may be made to:
Cabarrus County - Finance Department
Sherri Barnhardt, Purchasing Agent/Contract Administrator
65 Church Street, SE; PO Box 707
Concord, NC 28025 (28026-0707)
Phone: 704-920-2884 Email: smbarnhardt@cabarruscounty.us
PIN #: 56203224930000
Address: 86 Brown Street, Concord, NC
Minimum Bid:
$6,129.32
PIN #: 56208489750000
Address: 166 Fern Avenue, Concord, NC
Minimum Bid:
$2,416.11
PIN #: 56139945520000
Address: 204 Basin Ave, Kannapolis, NC
Minimum Bid:
$6,671.76
PIN #: 56139763020000
Address: 207 James Street, Kannapolis, NC
Minimum Bid:
$3,393.68
PIN #: 56139752780000
Address: 209 James Street, Kannapolis, NC
Minimum Bid:
$2,932.86
PIN #: 56139946170000
Address: 216 Basin Ave, Kannapolis, NC
Minimum Bid:
$7,009.69
PIN #: 56139939070000
Address: 240 Basin Ave, Kannapolis, NC
Minimum Bid:
$2,071.34
PIN #: 56300338820000
Address: 350 Freedom Street SW, Concord, NC
Minimum Bid:
$3,281.91
PIN #: 56133687680000
Address: 501 Broad Street, Kannapolis, NC
Minimum Bid:
$6,441.37
PIN #: 56137784450000
Address: 505 Park Street, Kannapolis, NC
Minimum Bid:
$2,002.92
PIN #: 56137784710000
Address: 507 Park Street, Kannapolis, NC
Minimum Bid:
$4,077.21
PIN #: 56139783590000
Address: 704 Gem Street, Kannapolis, NC
*No street-level photo available; see aerial
photo next page.
Minimum Bid:
$2,396.08
PIN #: 55067428580000
Address: 8988 Robinson Church Road
Minimum Bid:
$3,179.09
PIN #: 56137521970000
Address: 902 Buick Avenue, Kannapolis, NC
Minimum Bid:
$6,992.02
PIN #: 56131656420000
Address: 915 Rochelle Street, Kannapolis, NC
Minimum Bid:
$9,664.06