Saturday, January 30, 2021

Locke’s oldest building up for County Tax Lien Auction February 22, 2021

















Someone (other than the Locke board members) please buy it and restore it!


Lockeport Hotel & Restaurant — Locke’s oldest building on auction block! Could go for a song.
 
• Oldest Locke, California building — believed to have been built between 1893 and 1907.
• Deceased owner on title. 
• Unpaid property taxes and CID assessments since approximately 2012. 
•  It’s a fixer upper, for sure.  
• Dangerously leaning about 18” past vertical, over neighboring building.
• (Supposedly) cannot be demolished because it’s within the town of Locke, which is on the
National Historic Landmark Register. 
• Restoration is encouraged.
• County Assessor valuation on this property in 2021 is $20,116.
• Property taxes owed (guesstimate)  $1,000 to $3,000 (approximately $200/year.)
• LMA assessments owed —   9 years unpaid = approximately $14,400 ($1600/year commercial zone)
• Location: Corner of River Road at 1250 Levee Road, Locke (Walnut Grove) CA 95690
• Caution: litigious CID Common Interest Development board of directors w/ multiple lawsuits..
• ROFR Right of First Refusal policy for priority property purchase rights to list of 400 Chinese ancestors.
• 25 day ROFR window for board to assign or waive the ROFR.
• If interested, suggest you immediately contact Sacramento Supervisor Don Nottoli at (916)874-5411 since the LMA board seems to be dissolved or dissolving and is no longer reachable by phone or by certified mail.
• Unknown who removed the auction notice within 48 hours after it appeared, but likely someone who doesn’t want any bidding competition.  
• Online auction on February 22, 2021, however the posted notice didn’t say at what time or web address.
• Notice lists Tax Collector phone (916)874-6621 also try 6622
• If you plan to bid on it, GOOD LUCK!!! 


 

No comments:

Post a Comment