300 Properties Up for Auction
(Memphis) If you’re in the market to buy some property, you could find a deal this week.
Friday morning, Shelby County is auctioning off about 300 properties that owe back taxes.
The properties range from commercial to vacant houses.
Three properties on the list are on Lucy Street, where Elizabeth Milligan lives.
“This was once a great street to live we had plenty of family’s here, but as you can see they moved on,” Milligan said.
Milligan said when the families moved on they left behind their houses. Many of those homes sit vacant on her quiet South Memphis street.
“As you can see the houses next door are boarded up,” Milligan said.
Milligan is hopeful for a turnaround.
She hopes the empty homes on her street are bought at Friday’s auction.
Shelby County says 300 properties owe back taxes.
Some of the property owners haven’t paid taxes for at least three years.
So, if they don’t pay up by Friday, their properties are headed to the auction block.
The properties on the list are all over the county. We found this home in South Memphis in a pretty historic location. It’s right next to Aretha Franklin’s childhood home.
“They try to keep (that) house pretty house so maybe they`ll buy some of the properties around here,” Milligan said.
Her neighbors hope the auction brings revitalization too.
“Then you wont have vagrants sleeping in them and all that so it would be nice for them to auction them off,” Christopher Hughes said.
“It would be great if they could purchase homes, and fix them up and get it together,”
Milligan said.”Our street can be back on top again.
“It will bring up the property value,” Hughes said.
Value they hope the auction puts back to the county tax rolls and back in Shelby County neighborhoods.
The properties are listed at http://www.shelbycountytrustee.com/Calendar.aspx?EID=99
The auction will be held at 160 N.Main Street at the Shelby County Administration Building in the Commission Chambers.
For more information call the Shelby County Trustee at 901-432-4829.