The Jefferson County tax auction Saturday netted a $551,000 surplus for the county, said David J. Paulsen, county attorney and tax enforcement officer.
With the sale of 58 residential, commercial and land parcels, the auction accumulated $873,650 in sales, which more than covers the $322,600 held in back taxes on the 66 auctioned parcels.
Mr. Paulsen said the money would be placed in the countys general fund, which could allow supplementing the budget next year to keep the tax rate from increasing.
The auction drew 271 registered bidders with the highest sale going on a residential property in the town of Hounsfield. Initially assessed at $138,600, the property went for $93,000.
Other notable sales include a truck terminal on Route 12 in the town of Pamelia. The property sold for roughly 5.65 percent of its $283,333 assessed value.
Also up for bid was a former church-turned-boarding house in West Carthage. Despite occupant Scott A. Campbells attempts to buy it back, it was sold to an undisclosed neighbor for $65,000, the second-highest bid on a parcel. More than $11,000 in county back taxes is owed on the property, which the county put up for auction for an undisclosed minimum bid.
The third highest bid went for the former Sir Robert Peel Motor Lodge on State Route 12, Alexandria, for 32 percent of the assessment value.
The lowest sale was for $25.
Bernard J. Brzostek conducted the auction in the Dulles State Office Building, 317 Washington St.
Properties that went unsold will be placed up for auction again next year.