Articles Recently Tagged: Foreclosure

(35 posts)
Bank Aims To Double Its Money On Tenderloin Foreclosure

Bank Aims To Double Its Money On Tenderloin Foreclosure

Purchased for $308,000 in 2005, the 520-square-foot studio #1006 at The Hamilton (631 O’Farrell) in the Tenderloin was remodeled with marble counters and new cabinetry in the kitchen. And in August of 2012, the studio was taken back by the bank in a foreclosure auction with no bidders at... Read More »

Foreclosed Upon, Trashed And Back For $3.5 Million

Foreclosed Upon, Trashed And Back For $3.5 Million

On the market as an unfinished spec home with 7,000 square feet of space in the Oakland Hills for $2.65 million in 2009, 13383 Campus Drive failed to sell and was subsequently foreclosed upon (and trashed). Listed in need of “some work” for $1.3 million in 2013, and with tags... Read More »

Foreclosed-Upon Inner Sunset Home Sells For Sub-2005 Price

Foreclosed-Upon Inner Sunset Home Sells For Sub-2005 Price

Purchased for $765,000 in December of 2005, the 1,500 square-foot single-family home at 1554 19th Avenue was foreclosed upon last July and listed by the bank’s agent for $1,017,500 this past December. Six price cuts later, the asking price was down to $699,000 in May.  And yesterday, the sale of... Read More »

Foreclosed Upon Inner Sunset Home Down To Sub-2005 Price

Foreclosed Upon Inner Sunset Home Down To Sub-2005 Price

Purchased for $765,000 in December of 2005, the 1,500 square-foot single-family home at 1554 19th Avenue was foreclosed upon last July and listed by the bank’s agent for $1,017,500 this past December. And with six price cuts over the past five months, the list price for the Inner Sunset home... Read More »

Foreclosed Upon Five Months Ago, The Bank Seeks To Cash Out

Foreclosed Upon Five Months Ago, The Bank Seeks To Cash Out

Purchased for $765,000 in 2005, the 1,500 square-foot single-family home at 1554 19th Avenue returned to the market in mid-2008 listed for $799,000 but failed to sell. Three years later, the property was listed as a “short sale” with prices ranging from $560,000 to $465,000.  But once again, it... Read More »

Foreclosed Upon SF Mansion Flipped For A Few Million More

Foreclosed Upon SF Mansion Flipped For A Few Million More

Purchased for $3,875,000 at the end of 2007, the nearly 8,000-square-foot Victorian at 21 Buena Vista Avenue East, which features 22 remodeled rooms, 1,700 square feet of private gallery space, and a cellar for 3,000 bottles of wine, returned to the market last year listed for $6,500,000, was reduced to $5,900,000 and briefly... Read More »

Looking For A Brick And Timber SoMa Warehouse To Call Home?

Looking For A Brick And Timber SoMa Warehouse To Call Home?

While currently only permitted for office use, the 2,760-square-foot brick and timber SoMa warehouse at 32 Heron Street has been seismically retrofitted and outfitted with two bedrooms, a designer kitchen, hardwood floors and a two-car garage behind the roll-up door which is just down the street from the LEVYdance... Read More »

Defaults Are Down In Every Bay Area County, Except One

Notices of default and formal foreclosure proceedings for homeowners across the nine-county Bay Area have dropped to their lowest level in over eight years.  But there’s one Bay Area country in which default activity has been ticking up over the past year. Having dropped by an average of 19.5... Read More »

Before And After In Portola With A Foreclosure In-Between

Before And After In Portola With A Foreclosure In-Between

The three-bedroom Portola District home at 401 Cambridge Street sold for $750,000 in August of 2005.  And in May of 2008, the property was foreclosed upon and re-sold for $499,878 in cash on the courthouse steps. Listed for $758,888 two months later as a “stunningly remodeled single family home,”... Read More »

From $1.4M Four Years Ago To $2.3M Today

From $1.4M Four Years Ago To $2.3M Today

Purchased for $1,945,000 in 2007, the modern Noe Valley home at 1420 Douglass Street was foreclosed upon in 2010 and re-sold  by the bank for $1,440,000 four years ago. Listed for “$1,795,000” three weeks ago, the sale of the three-bedroom home with an open floor plan divided by a familiar two-way fireplace and... Read More »

Quintessential San Francisco Mansion Facing Foreclosure

Quintessential San Francisco Mansion Facing Foreclosure

Purchased for $3,875,000 at the end of 2007, the 8,000-square-foot Victorian at 21 Buena Vista Avenue East (which features 22 remodeled rooms, 1,700 square feet of private gallery space, and a cellar for 3,000 bottles of wine) returned to the market last year listed for $6,500,000. Reduced to $5,900,000 and briefly... Read More »

Noe Valley Cottage Scheduled To Hit The Courthouse Steps

Noe Valley Cottage Scheduled To Hit The Courthouse Steps

The 600-square-foot cottage on a sliver of a Noe Valley lot at 543 30th Street was purchased for $665,000 ten years ago with what would appear to have been $5,000 down and $660,000 in debt.  And in 2006, the property was refinanced with $791,920 in new loans. In default... Read More »

A Short-Sale Dream Turned Nightmare Take Two And An Artist’s Plea

A Short-Sale Dream Turned Nightmare Take Two And An Artist’s Plea

Purchased for $525,000 in 2003 and refinanced in 2007 with a $700,000 loan, the one-bedroom cottage at 3066 Market Street was sold short for $485,000 in 2011, listed as a “terrific opportunity for a contractor or very savy buyer who wants the perfect opportunity to create their new... Read More »

That Bernal Heights Dwell-ing Fetches $1,197 Per Square Foot

That Bernal Heights Dwell-ing Fetches $1,197 Per Square Foot

The sale of the Bernal Heights Dwell-ing at 330 Banks Street closed escrow today with a reported contract price of $1,500,000 or roughly $1,197 per listed square foot. As we first wrote about the property when it hit the market last month having been purchased out of foreclosure for... Read More »

Two Years Later And 60 Percent More For This Pacific Heights Pad

Two Years Later And 60 Percent More For This Pacific Heights Pad

As we wrote about the Pacific Heights pad above this past August: Foreclosed upon in 2009 with nearly $3 million owed at the time, the Pacific Heights home at 2523 Steiner returned to the market listed for $1,450,000 in 2011, was repainted three times in quick succession, and then... Read More »