Description
The City of North Pole, Alaska is offering the foreclosed property at 2679 Mockler Avenue for sale through a sealed‑bid process. The property is sold “as‑is” with a minimum bid of $5,000 and the highest qualified bidder will be awarded the purchase, provided they execute a purchase‑and‑sale agreement within seven days. The buyer assumes all costs, including closing, recording, demolition or repair of deteriorated structures within specified timeframes (1‑year demolition or 2‑year repair). No warranty or disclosure is provided, and the buyer must waive statutory disclosure rights.
• Minimum bid: $5,000; property assessed at $62,952 (2020).
• Bids due by August 31, 2026 2:00 pm; opening and read‑aloud at City Clerk’s office.
• Buyer must either demolish deteriorated improvements within 1 year or repair them to code within 2 years, with possible city‑imposed re‑entry or reversion clauses.