Articles Recently Tagged: Foreclosure

(81 posts)
Completely Remodeled and Facing Foreclosure

Completely Remodeled and Facing Foreclosure

Purchased as a 975-square-foot Noe Valley home with plans to nearly quadruple its size for $1.929 million in August of 2015, the now 3,750-square-foot home at 438 29th Street returned to the market as a “completely remodeled, redesigned & reinvented residence” with a $4,388,888 price tag in November of... Read More »

Foreclosed Upon Noe Flop Liquidated at a Loss

Foreclosed Upon Noe Flop Liquidated at a Loss

The failed “Dreambuilders” flip of the Noe Valley home at 639 Grand View Avenue, which was foreclosed upon earlier this year and taken back by the financiers who were owed $3,576,411 on the investment, returned to the market with a $3,195,000 price tag in May having been completed and... Read More »

Corner of (Broken) Dreams Foreclosed Upon, Again

Corner of (Broken) Dreams Foreclosed Upon, Again

For the second time since 2012, the verdant Russian Hill parcel on the northwest corner of Broadway and Taylor, big plans for which have been drawn, has been taken back by the bank. As we outlined earlier this week: Having sat vacant since the former house which had occupied... Read More »

Calling All Billionaires, or Deep-Pocketed Developers, Take Two

Calling All Billionaires, or Deep-Pocketed Developers, Take Two

Having sat vacant since the former house which had occupied the prime Russian Hill parcel on the northwest corner of Broadway and Taylor was demolished back in 1910, big plans to redevelop the oversized 1000 Broadway site were pitched back in 2006. In 2012, the hedge fund which had... Read More »

Foreclosed upon at the Palms and Back under $1K per Foot

Foreclosed upon at the Palms and Back under $1K per Foot

Purchased for $575,000 ($832 per square foot) in 2006, the buyer of the one-bedroom unit #533 at the Palms (555 4th Street) was in default with over $270,000 in past due payments and fees owed at the end of 2015. Listed for $785,000 ($1,136 per square foot) in May... Read More »

Foreclosed upon El Rey Theater Could Soon Be Landmarked

Foreclosed upon El Rey Theater Could Soon Be Landmarked

Designed by master architect Timothy Pflueger and opened in 1931, the 1,800-seat El Rey Theater at 1970 Ocean Avenue was shuttered and sold to Voice of Pentecost in 1977, which then converted the 35,000-square-foot building into a church and small Pentecostal school. Mortgaged to pay for upgrades to the... Read More »

Big Plans for This Verdant Russian Hill Parcel Are Back in Play

Big Plans for This Verdant Russian Hill Parcel Are Back in Play

The subdivision of the verdant Russian Hill lot at the corner of 1000 Broadway and Taylor Street has been approved and plans to build two high-end single-family homes and a two-unit condo building on the prime Russian Hill site are back in play. Having sat vacant since the former... Read More »

Foreclosed upon Failed Flip Fetches $1.9 Million in Potrero

Foreclosed upon Failed Flip Fetches $1.9 Million in Potrero

Purchased as a sound 1,307-square-foot home for $1.3 million in 2013, and then permitted for a major remodel and expansion by SS Dreambuilders LLC (no relation to SocketSite), the gutted Potrero Hill home at 837 Wisconsin Street was foreclosed upon and sold for $1,945,375 on the courthouse steps in... Read More »

An Affordable Yerba Buena Loft (That’s Currently Bank-Owned)

An Affordable Yerba Buena Loft (That’s Currently Bank-Owned)

Designated as one of the development’s required affordable units, the 722-square-foot unit #502 at Yerba Buena Lofts (855 Folsom Street) was purchased as new for a below market rate (BMR) price of $306,500 of 2003. In 2009, the Yerba Buena Lofts Homeowner’s Association filed a lien on unit #502... Read More »

Infamous Local Landlord Foreclosed upon in Pacific Heights

Infamous Local Landlord Foreclosed upon in Pacific Heights

The Pacific Heights home of the infamous Arden Van Upp, who had already been bounced from the dilapidated Bourn Mansion by way of a bankruptcy sale back in 2009, was foreclosed upon this afternoon. As we first reported about the pending sale a couple of months ago, the two-unit... Read More »