With six properties worth some $3 million owing a total of $207,000 in back taxes and fees, the town is planning a public tax auction in late March.
The properties range from a house on North Salem Road with an estimated market value of over $1 million to a business condominium on Grove Street valued at $211,000.
The property owners can avoid foreclosure and remove their property from the auction block by paying off what’s owned any time up until the tax auction — planned for Wednesday, March 27, at 10 a.m. in town hall.
Tax Collector Jane Berendsen-Hill told the finance board that several owners who had owned taxes on properties paid up recently — escaping the looming tax sale.
“I started out with 14 properties, and I’m down to six,” Hill told the board at its Jan. 15 meeting.
Berendsen-Hill has said she doesn’t take every property that’s behind to auction, only those that are seriously in arrears.
According to figures from the town assessor’s office, the six properties together have assessed values totaling $2,147,250 and estimated market values totalling $3,067,100.
The properties posted in town hall as headed to the auction are:
17 Lake Drive Extension. The amount owed is $20,062. The property is assessed at $244,120. It has an estimated market value of $348,740.
90 Grove Street, Unit 104, with $42,628 in taxes owed. The business condominium is assessed at $375,100, and has an estimated market value of $535,860.
90 Grove Street, Unit 103, with $17,016 in back taxes owed. This business condominium is assessed at $147,830, and has an estimated market value of $211,190.
21 Mallory Hill Road, owing $26,749 in back taxes. The property has an assessment of $161,130 and an estimated market value of $230,180.
293 North Salem Road, with $53,740 in back taxes owed. The property is assessed at $747,690 and has an estimated market value of $1,068,130.
48 Nod Road, with taxes of $47,005 owed. The assessment is $471,380. Estimated market value is $673,400.