Bargains aplenty at property tax auction

By Tom Rivers, Editor Posted 23 June 2016 at 12:00 am

ALBION – Rob Doyle, principal auctioneer and appraiser for Absolute Auctions and Realty, seeks bids for the former Lyndonville Pennysaver Market. The property sold for $1,000 to Jonathan Daniels of Waterport in the Orleans County tax foreclosure auction on Wednesday.

The Pennysaver Market closed three years ago. The property had $37,945 in back taxes.

The county sold 41 properties for a $324,200. The properties collectively carried $497,914 in back taxes. The auction didn’t cover the back taxes, resulting in a net loss of $173,714. (Winning bidders have to pay the current year’s taxes on the properties.)

Several of the houses in the auction sold for less than $1,000.

Frank T. Pietrzak, auctioneer for Absolute Auctioneers, seeks bids for house at 134 West Bank St. in Albion. It sold for $300 to Phillip Newbould of Kendall.

Business sites also didn’t command much money. A site in downtown Medina at 333 Main St., next to the Starlite Cleaners, sold for $200 to Demetrios Bitsas.

The former S.A. Cook Furniture Factory, where there was a small fire on Monday, sold for $100 to William Grathouse III of Holley. The 70,600-square-foot building is located at 525 East Ave.

In Kendall, a 3,584-square-foot building in the downtown at 1841 Kendall Rd. sold for $400 to Phillip Newbould of Kendall. One of Holley’s attached row buildings in the downtown also was up for sale. The site at 89 Public Square fetched $100 from an online bidder, The Eaton Agency in Coeur d’Alene, Idaho.

One property was in command. An apartment complex at 218 Linwood Ave. in Albion sold for $100,000, the highest bid of the day. Brad Bokman of Albion bought the site.

The auction drew a crowd of bidders and some curiosity seekers to the Elk’s Club on West State Street.

Return to top