TORRINGTON — Two properties built in the early 1900s are scheduled to be auctioned to the highest bidder on Feb. 19 to collect delinquent taxes.
Back taxes of nearly $23,000 are owed for the two-story mixed-use retail and apartment building at 34 E. Main St.
Property records show the owner is Pancho O’Rallies LLC, of Waterbury, which was founded in 2004 by Marco Martel, whose last known address was in Oakville.
The building is assessed at just over $150,000, city records show.
A residence at 58 E. Pearl St., owned by Maureen Fitzgerald, is scheduled to be auctioned to collect back taxes of nearly $24,000. It is assessed at $86,670.
Neither owner replied to the city’s certified mail correspondence requesting the payment of back taxes, according to a legal notice published by Tax Collector Launa M. Goslee.
The East Main Street retail building, constructed in 1920, is a two-story masonry and brick-framed structure. The building, which is currently vacant, most recently housed the Torrington Democratic Town Committee until November.
Martel bought the property in 2008 for $150,000 through a warranty deed. It was purchased in 1990.
The residence on East Pearl Street was purchased in 1996 for $79,000. Fitzgerald was listed as the conservator in 2015 through a probate court filing, city records show.
The criteria for putting property up for public auction in Torrington are the accumulation of back taxes of $10,000 or more, Goslee said Wednesday.
“The action is always for a non-payment,” she added.
She held a property auction in June that brought in more than $147,000 in delinquent taxes on five properties.
Goslee, who conducts the auction herself, said it was hard to know how many bidders there would be.
“I hope somebody will be interested,” she said.
In last summer’s auction, there were 10 bidders, a number that has increased in recent years. In 2016 there were only three bidders, but in 2017 the number was at least six, Goslee said previously.
The auction procedure follows state-required policies that allow the owners to redeem the property within six months, which for this delinquent tax sale would be mid-August.
The process requires the owner to pay all taxes due as well as other fees and interest. In addition, they must pay the successful bidder 18 percent interest on the purchase price.
According to city records, “bidders must provide a $4,000 deposit for each property on which they plan to bid if the delinquent tax amount is more than $4,000. The winning bidder is required to pay the balance of the winning bid within five days.”
More information about the upcoming property auction can be found on the city’s website , or by contacting the Tax Collector’s office at 860-489-2228.
The Feb. 19 auction will begin at 4:30 p.m. in the City Hall Auditorium, 140 Main St.