IRS Seizes Menifee Home, Public Bidding Starts Under $350K

MENIFEE, CA — A home seized by the Internal Revenue Service from a Southwest Riverside County property owner who didn't pay taxes is up for auction, the federal agency announced Tuesday.

The two-story single-family home at 30565 Alston Lane in Menifee will be sold at 11 a.m. Sept. 22 during a public auction outside the Riverside Historic Courthouse, 4050 Main St. Registration begins at 10 a.m.

A minimum bid of $347,343.91 has been set by the IRS.

The four-bedroom, two-and-a-half bathroom home built in 2010 is the only California residence currently in the IRS's inventory of seized properties up for sale.

The home sits on a 7,814-square-foot lot and features a lake view and two-car garage, according to the IRS description. Through a homeowner's association, the property also shares a pool, spa/hot tub, barbecue, outdoor cooking area, playground, gym/exercise room, clubhouse and recreation room, according to the IRS.

The property can be inspected via drive-by only, the IRS reported.

The Internal Revenue Code requires that seized property be sold by public auction or sealed-bid auction. Either way, the auction is open to the public and bidding is typically conducted via federal officials.

A deposit of 20% is required when the highest bid is tentatively accepted. The balance of the purchase price must be paid in full no later than 3 p.m. Sept. 29, according to the IRS.

Payment of all required deposits and the balance of the purchase price must be made by a certified, cashier’s or treasurer’s check drawn on any bank or trust company incorporated under the laws of the United States. Payment may also be made by any U.S. postal, bank, express or telegraph money order. All checks and money orders should be made payable to the United States Treasury, the IRS reported.

Complete payment and property details can be found here.

For more information, visit Internal Revenue Service Real and Personal Property Sales.