|
|||
| |
|||
| |||
| NOTICE OF JUDICIAL SALE | |||
| Under an Order of Judicial Sale entered in United States v , Taxpayers , et al, the United States will offer to sell at public auction property located in Sacramento County. The Natomas Property is particularly described as follows: | |||
| |
|||
| |
|||
| Date: | 6/10/2008 | ||
| Time: | 11:00 AM | ||
| |
|||
| Sale Location: | Sacramento County Superior Municipal Court, 720 9th Street, Sacramento, California 95814 | ||
| | |||
| Title Offered: | Contact Hallie Lipscomb, PALS | |
|
| Description of Property: | APPROXIMATELY 59.5 ACRES OF VACANT LAND, ZONED AGRICULTURE ON BAYOU WAY, SURROUNDED BY COMMERCIAL AND RESIDENTIAL DEVELOPMENTS, CLOSE TO SACRAMENTO INTERNATIONAL AIRPORT AND INTERSTATE 5 LOT 92 AND THE NORTH ONE-HALF OF LOT 91, AS SHOWN ON THE “PLAT OF NATOMAS CENTRAL SUBDIVISION,” RECORDED IN BOOK 16 OF MAPS, MAP NO.3, RECORDER OF SAID COUNTY. EXCEPTING THEREFROM THE FOLLOWING AS DESCRIBED AS FOLLOWS: BEGINNING AT THE BOLT SET IN A CONCRETE MONUMENT MARKING THE CORNER COMMON TO SECTIONS 32, 33, 5, AND 4, TOWNSHIP 9 AND 10 NORTH, RANGE 4 EAST, M.D.M., AND ALSO MARKING THE NORTHWEST CORNER OF SAID LOT 92 (FROM WHICH MONUMENT THE 2 ½ INCH IRON PIPE IN A CONCRETE MONUMENT MARKING THE CORNER COMMON TO SECTIONS 33, 34, 4, AND 3, TOWNSHIP 9 AND 10 NORTH, RANGE 4 EAST, M.D.M., BEARS NORTH 89 DEGREES 39 FEET 26 INCHES EAST 5185.64 FEET); THENCE FROM SAID POINT OF BEGINNING ALONG THE WESTERLY LINE OF SAID LOTS 92 AND 91 SOUTH 00 DEGREES 25 FEET 8 INCHES EAST 953.18 FEET; THENCE LEAVING SAID WESTERLY LINE NORTH 89 DEGREES 45 FEET 00 INCHES EAST 16.75 FEET; THENCE NORTH 7 DEGREES 44 FEET 11 INCHES EAST 100.98 FEET; THENCE NORTH 67 DEGREES 8 FEET 44 INCHES EAST 52.00 FEET; THENCE NORTH 89 DEGREES 46 FEET 00 INCHES EAST 78.00 FEET; THENCE ALONG A CURVE TO THE LEFT WITH A RADIUS OF 230.00 FEET, THROUGH AN ANGLE OF 90 DEGREES 00 FEET 00 INCHES AN ARCH LENGTH OF 361.28 FEET (THE CHORD OF WHICH CURVE BEARS NORTH 44 DEGREES 46 FEET 00 INCHES EAST 325.27 FEET); THENCE NORTH 0 DEGREES 14 FEET 00 INCHES WEST 399.00 FEET; THENCE ALONG A CURVE TO THE RIGHT WITH A RADIUS OF 170.00 FEET, THROUGH AN ANGLE OF 90 DEGREES 00 FEET 00 INCHES AN ARCH LENGTH OF 267.04 FEET (THE CHORD OF WHICH CURVE BEARS NORTH 44 DEGREES 46 FEET 00 INCHES EAST 240.42 FEET TO A POINT DISTANT SOUTH 0 DEGREES 14 FEET 00 INCHES EAST 181.00 FEET FROM ENGINEER’S STATION “C” 334-00.00 OF THE DEPARTMENT OF PUBLIC WORKS’ 1961 SURVEY FROM EL CENTRO BOULEVARD TO SACRAMENTO RIVER NEAR ELKHORN, STATE HIGHWAY III-SAC-236-C (NOW 03-SAC-5); THENCE NORTH 89 DEGREES 46 FEET 00 INCHES EAST 1,100.74 FEET; THENCE FROM A TANGENT THAT BEARS NORTH 89 DEGREES 40 FEET 59 INCHES EAST ALONG A CURVE TO THE RIGHT WITH A RADIUS OF 2,370.00 FEET, THROUGH AN ANGLE OF 13 DEGREES 48 FEET 12 INCHES, AN ARCH LENGTH OF 570.97 FEET (THE CHORD OF WHICH CURVE BEARS SOUTH 83 DEGREES 24 FEET 55 INCHES EAST 569.59 FEET) TO A POINT IN THE EASTERLY LINE OF SAID LOT 92; THENCE ALONG SAID EASTERLY LINE NORTH 0 DEGREES 32 FEET 57 INCHES WEST 106.05 FEET TO THE NORTHEAST CORNER OF SAID LOT 92; THENCE ALONG THE NORTH LINE OF SAID LOT 92, SOUTH 89 DEGREES 39 FEET 26 INCHES WEST 2,225.56 FEET TO THE SAID POINT OF BEGINNING OF THE LANDS HEREIN DESCRIBED, AS CONVEYED TO THE STATE OF CALIFORNIA BY DEEDS RECORDED SEPTEMBER 20, 1965, IN BOOK 5331, PAGE 124 OF OFFICIAL RECORDS. APN: 225-0030-023 |
||
| | |||
| Minimum Bid: | $1,750,000.00 | ||
| | |||
| Click here for photos of property | |||
| | |||
| The Terms of Payment: | Terms and Conditions of Sale The successful bidder shall be required to deposit at the time of the sale with the Internal Revenue Service, Property Appraisal and Liquidation Specialist, a minimum of 10% of the bid with the deposit to be made by certified check or cash payable to the United States District Court. Before being permitted to bid at the sale, bidders shall display to the Internal Revenue Service proof that they are able to comply with this requirement. No bids will be accepted from anyone who has not presented that proof. The balance of the purchase price for the realty is to be paid to the Internal Revenue Service, Property Appraisal and Liquidation Specialist, within twenty (20) days after the bid is accepted by certified or cashier’s check payable as instructed by the Internal Revenue Service, Property Appraisal and Liquidation Specialist. If the bidder fails to fulfill this requirement, the deposit shall be forfeited in its entirety and shall be applied to the expenses of the sale including commissions due under 28 U.S.C. § 1921(c), with any amount remaining to be applied to the income tax liabilities of J. Leonard Padilla’s and Rose Moreno-Padilla at issue herein. The realty shall again be offered for sale, without further order, under the terms and conditions of the judgment and decree. The United States may bid as a creditor against its judgment without any tender of cash. The government reserves the right to reject any and all bids and to withdraw the property from sale. The sale shall be free and clear of the interest of Taxpayers, and all other parties named in this case. The sale shall be subject to building lines if established, all laws, ordinances, and governmental regulation (including building and zoning ordinances), affecting the premises, and easements and restrictions of record, if any. The United States District Court entered a judgment that Taxpayer, et al owned the property at the time the federal tax lien arose. United States v Taxpayer, et al, CIV-S-01-2300 DFL GGH. The judgment is now final. The United States will sell the right, title, and interest of Taxpayers, et al in the subject property, and the sale is ordered pursuant to 28 U.S.C. Section 2001 and is made without right of redemption. The property is offered for sale “where is” and “as is” and without recourse against the United States. The United States makes no guarantee of condition of the property, or its fitness for any purpose. The United States will not consider any claim for allowance or adjustment or for the rescission of the sale based on failure of the property to comply with any expressed or implied representation. The Court will confirm the sale under Rule A-570 of the Local Rules of the United States District Court for the Eastern District of California. A deed executed after confirmation shall discharge the property from all liens, encumbrances, and titles over which the United States had priority. |
||
| | |||
| Form of Payment: | Certified check or cash payable to the United States District Court. | ||
| | |||
| Important Information This is not an advertisement of a sale of seized property. This is an information notice only regarding a sale being conducted by the Internal Revenue Service as a result of the foreclosure of an Internal Revenue Service Federal Tax Lien by the Department of Justice. Additional information can be found at http://www.irssales.gov or call (916) 974-5260. The information stated in other hyperlinks on this web page does not apply to this type of sale. It is important that any interested purchaser contact Hallie Lipscomb, Property Appraisal and Liquidation Specialist at (916) 974-5260 or more information regarding this sale. |
|||
| |
|||
| For additional information about the property and proposed sale, please contact the following office: | |||
| Name: | Hallie Lipscomb | ||
| Title: | Property Appraisal and Liquidation Specialist | ||
| Bureau: | Internal Revenue Service | ||
| Address: |
4330 Watt Ave Sacramento, CA, 95821 |
||
| Phone: | (916) 974-5260 | ||
| Email: | Hallie.lipscomb@irs.gov | |
|
| | |||
| Available images for this Item | |||
|
|
|
||
| View of property | |||
| Top of the Page | |||
| For additional information, please contact Hallie Lipscomb | |||
| |||