San Diego Business Journal

County to Hold Property Auction to Collect Unpaid Taxes

Thursday, February 14, 2013

San Diego County Treasurer-Tax Collector Dan McAllister says he’s putting up 233 properties with defaulted taxes for an auction sale scheduled for March 13.

The properties, about half of which are improved or with structures on them and half unimproved, are being sold in an effort to collect about $4.5 million in unpaid property taxes, McAllister’s office said.

The number of properties may change as owners of the delinquent parcels’ pay the defaulted taxes with penalties before the deadline of March 12 at 5 p.m., McAllister said.

Interested bidders must register for the auction that will be held at the San Diego Convention Center, by March 11 at 5 p.m. Bidder packets on the properties are available for $65 at all of the Treasurer’s offices in Downtown San Diego, Kearny Mesa, Chula Vista, El Cajon and San Marcos.

The lowest minimum bid starts at $4,400, while the highest begins at $526,000. Minimum bids are based upon the back taxes owed, penalties and sales costs for unimproved properties, and about half the assessed value for improved parcels.

For more information on the event and bidder instructions go to www.sdtreastax.com.

— SDBJ Staff Report