Parcel number 3229-58-2734-0000 located at 148 Peterson Hill Avenue in Burgaw was acquired by Pender County on 4/27/2020 through tax foreclosure proceedings. The parcel consists of a home that is unlivable on a wooded lot on .77 of an acre. The estimated tax value of the parcel is $13,900.00 in GIS. Mrs. Elosie Fennel has placed a bid offer of $13,950.00. Upset Bids will be only be accepted through July 22 at 5:00pm.
Per NC General Statutes § 160A-269, the new bid must be the greater of either a $750.00 increase or 5% more than the outstanding bid. For example if the 5% is equal to $1,000.00 then you would have to bid the $1,000.00 – not just the $750.00. This bidding process could potentially go on for multiple cycles.
Bidders must complete Form AOC-CV-414 and bring the form, along with a 5% deposit to the Pender County Finance Department. All bids must be received (not postmarked) by 5pm on the 10th day of the Upset Bid period, July 22 at 5:00pm.
In person or by courier to:
Andy DeVane, Asset Manager
Pender County Finance Department
805 W. Walker Street
Burgaw, NC 28425
By US Postal:
Andy DeVane, Asset Manager
Pender County Finance Department
PO Box 1578
Burgaw, NC 28425
Published notice of this process is pursuant to NC General Statutes § 160A-269.