Intrenal Revenue Service Auction Banner
orange banner graphic
 
FAQ| Search| IRS Auction Home| Treasury Home Page| Previous Page

SEEKING GUARANTEED BIDDER
 
-
 
 
Date:To Be Announced
Time:To Be Announced
 
The Internal Revenue Service is seeking prospective purchasers of real property in order to redeem and sell the property located at:
 
3326 E Rosita Circle, Memphis, TN 38116
 
Description of Property: Single Family Home. 1 story. Brick Veneer. Built in 1955. 5 total rooms. 4 bedrooms. 2 bathrooms. One fireplace. Frame Garage. Total living area is 1,780 square footage. Central A/C and heat. 2009 tax assessor has property valued at 93,900.
 
Legal Description: 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, a certificate of deposit, or an irrevocable letter of credit. If redeemed, the property will be sold pursuant to 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.
 
Minimum Bid: $40,000.00
 
Bid Note: The Agreement to Bid must be received no later than 7-15-2009
 
Click here for Agreement to Bid Form
 
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, a certificate of deposit, or an irrevocable letter of credit. If redeemed, the property will be sold pursuant to 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:Kimberly Tate
Title: Revenue Officer
Bureau: Internal Revenue Service
Address: 22 N. Front Street
Suite 421
Memphis, TN, 38103
Phone: 901-544-3505
 
Available images for this Item
Front view of home  
Front view of home
Top of the Page
 
Garage area  
Garage area
Top of the Page
 
For additional information, please contact Kimberly Tate
Updated: 7/14/2009
FAQ| Search| IRS Auction Home| Treasury Home Page| Previous Page