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Seeking Guaranteed Bids
 
Under the authority of Section 7506 of the Internal Revenue Code, the property described below will be sold at public auction on an open occupancy basis. The United States redeemed this property under the provisions of Section 7425 of the Internal Revenue Code on November 3, 2008. The property was deeded to the United States on November 4, 2008. The sale will be by public auction as follows:
 
 
Date:To Be Announced
Time:To Be Announced
 
Open House:By appointment only. There will be a charge for ferry service. Contact Dan Holmes by e-mail, Daniel.l.holmes@irs.gov or call 515-491-1663.
 
UPDATE - PICS HAVE BEEN ADDED
 
 
Description of Property: One-Half (1/2) of a Duplex
 
Legal Description: All that certain piece, parcel or lot of land situate, lying and being on Daufuskie Island, Beaufort County, State of South Carolina, being shown and described as
Lot 408, The Beach cottages as Melrose , on a plat entitled “A Plat of The Beach Cottages at Melrose (Lots 400-438),” prepared by Thomas & Hutton Engineering Co., certified by Boyce L. Young, SC RLS #11079, dated June 19, 2003, and recorded in the Beaufort County Records in Plat Book 93 at page 174. For a more detailed description as to the metes and bounds, courses and distances, reference is made to said plat of record. This being the same property conveyed to Deutsche Bank National Trust Company, as Trustee for Long Beach Mortgage Loan Trust 2004-2 by Master in Equity Deed recorded 7/25/2008 in Book 02749 at Page 958 of the Beaufort County Registry.

Property is commonly known as 134 Ave of Oaks, Daufuskie Island, SC 29915; The property is also known as Cottage 3900

TMS# R800-025-000-0058-0000
 
Minimum Bid: The minimum acceptable bid is $520,000.00
 
Bid Note: Call Dan Holmes at number listed below for information
 
Click here for Agreement to Bid Form
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Click here for Current Appraisal
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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, 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:Dan Holmes
Title: Property Appraisal & Liquidation Specialist
Bureau: Internal Revenue Service
Address: 201 Tower Park Drive
Suite 102
Waterloo, IA, 50701
Phone: 515-491-1663
Email: daniel.l.holmes@irs.gov
 
 
Available images for this Item
Interior View  
Interior View
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Exterior View of Property  
Exterior View of Property
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View of the Atlantic  
View of the Atlantic
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For additional information, please contact Dan Holmes
Updated: 11/5/2009
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