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Sold: $10,000

Schenectady County auction fetches little

Bids don’t match assessed values at foreclosure sale

The Isle of the Mohawks, seen from Sanders Avenue in Scotia, was auctioned off by Schenectady County on Saturday at Schenectady County Community College.
Photographer: Marc Schultz
The Isle of the Mohawks, seen from Sanders Avenue in Scotia, was auctioned off by Schenectady County on Saturday at Schenectady County Community College.
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Anything can happen at an auction.

That’s one explanation why some of the most attractive properties up for sale at Schenectady County’s annual foreclosure sale sold for well below their assessed values. It also explains why a tiny strip of land can attract more interest than an entire school.

In fact, the former Draper School in Rotterdam was sold to the first and only bidder, for $25,000. To his credit, Collar City Auctions President ...

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comments

gina99
October 27, 2013
8:26 a.m.

[ Flag Post ]

No one wants to pay taxes in Schenectady County tax hell? Tell them about the new curbing, lights and sidewalks on lower State Street.

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