Tax sale recovers $21,000 for town; $28,000 placed in escrow

The Selectboard reviewed outcomes from a recent tax sale. The treasurer and tax collector reported five parcels initially delinquent; by the time of sale that number had fallen to three.

The meeting record states the total winning bid amount was $49,000, of which the town recovered $21,000; $28,000 is being held in escrow. The Clay property received no bids and was purchased by the town; the Simmons and Runyon parcel on Windham Springs Road sold for $25,000 and the Webb parcel on Windham Hill Road sold for $17,000. The Gray Clay property later sold and is expected to close in mid-September, at which point delinquent taxes on that parcel will be paid.

Board members noted that winning bid amounts do not automatically become town revenue; the town retains taxes, interest and costs and the remainder is held in escrow.