A plugged-in tipster keeps the local television theme alive with a note about the unpaid $3,715,730 mortgage balance and foreclosure filing for 949 Lombard, also known as The Real World San Francisco house.
The house at 949 Lombard Street was rented to MTV by local stockbroker/entrepreneur Martin Eng, who owned the house since 1985. It became a tourist stop, receiving more than 10,000 visitors in the months during and following the series [in 1999].
The house was gutted by a June 2000 fire (caused by a tipped candle), refinanced in 2005, and then “sold” to Lombard Flats LLC in January of 2009. According to PropertyShark the property has an assessed tax basis of $737,919.
No update on Puck.
UPDATE: A plugged-in reader adds:
[I]f you do a little snooping, I think you’ll find that Mr. Eng has 2 other properties in the neighborhood facing foreclosure – 818 Green and 939 Lombard (the neighbor of your subject property). These are held in a different LLC, to which they were recently transferred from Mr. Eng. This topic dovetails nicely with the Lembi story, imho.
Not to mention our Muhawieh Maher or other “only in Miami” type San Francisco stories.