LOCKPORT – Niagara County made a profit on Saturday’s tax foreclosure auction, with the total of the winning bids exceeding the amount owed in taxes by more than $400,000.
County Treasurer Kyle R. Andrews said Monday that 44 parcels were auctioned off in the Shawnee Fire Company hall in Wheatfield, with the bids totaling $610,035. That was $442,173 more than the total of the taxes the county wrote off on those properties before foreclosing.
The owners of 13 other properties were able to save them from being auctioned by obtaining court orders allowing them to pay off the taxes owed, even though the normal deadline had passed. The county collected $125,129 on those parcels.
The highest bid in the auction was $101,000 for a 2,000-square-foot ranch home on six acres of land on Chestnut Ridge Road in Royalton. The winning bidders were Yvonne and Robert Greiner of Simms Road, Royalton.