More Homes approve by the City Council to be Torn down.

a. 903 Clark Street
b. 917 Branch Street
c. 925 Branch Street
d. 714 Pender Street
e. 712 Henna Street
f. 517 E. Holly Street
g. 921 Shearin Street
h. 412 Albemarle Avenue
i. 418 Albemarle Avenue
j. 911 E. Raleigh Boulevard
k. 1422 Davis Street
l. 917 Peter Street*
m. 921 Peter Street*
n. 928 Lindsey Street
o. 934 Lindsey Street
p. 950 Lindsey Street
q. 839 Star Street
r. 835 Gay Street
s. 300 Union Street
A~
&
D*~
Recommended Action: Adopt Ordinance.
*Action Deferred until April 28, 2014 Council Meeting as to l) 917 Peter Street and m) 921 Peter Street

This the first step for the city to seize more land within the city limits of Rocky Mount. Yes most of these structures need to be torn down, but the city is doing the tearing down, then they will bill the owners, and if the owners don’t pay up the city takes them.  

Now it costs the city about 5k per house, maybe more, maybe less, but lets use 5k for each house. so in this session the cost would be about $95,000 dollars.. they do this on the average of three time a year.. so the city spends about half of million dollars each year to have home torn down and the property clean afterward, they the city maintain this properties too, i.e. grass cutting.

My question is how much does the city make back by selling these properties after they take them for non-payment via liens and seizers?   

See map of the homes that are on the list to be torn down,