CFAH

Articles Recently Tagged: Foreclosure Auctions

(47 posts)
The Lenders Take a Loss in Saint Francis Wood

The Lenders Take a Loss in Saint Francis Wood

Having been expanded, renovated and converted into an “executive-style home,” complete with an elevator connecting its unexpected five floors of space, the now 3,172-square-foot St. Francis Wood house at 250 Santa Paula Avenue, which was originally designed by Angus McSweeney, was foreclosed upon by Deutsche Bank last year following... Read More »

Infamous Mansion Could Sell for Less Than $5 Million, But…

Infamous Mansion Could Sell for Less Than $5 Million, But…

As we outlined back in June: While slated to be foreclosed upon, again, in July, the courthouse auction for the infamous seven-bedroom home at 224 Sea Cliff Avenue was canceled the day after we highlighted it and the notice of default on the property, which was issued by a... Read More »

Infamous Sea Cliff Mansion Suddenly Listed for $2 Million Less

Infamous Sea Cliff Mansion Suddenly Listed for $2 Million Less

While slated to be foreclosed upon, again, next month, the courthouse auction for the infamous seven-bedroom home at 224 Sea Cliff Avenue was canceled the day after we highlighted it and the notice of default on the property, which was issued by a senior lender in February, has now... Read More »

Infamous Sea Cliff Mansion Slated to be Foreclosed Upon, Again

Infamous Sea Cliff Mansion Slated to be Foreclosed Upon, Again

While the infamous seven-bedroom home at 224 Sea Cliff Avenue, which was on the market for $19.675 million back 2016, appeared to have sold for $71,000 in a foreclosure auction last year, the “winning” bidder didn’t realize that the foreclosing party was a junior lender and the property would... Read More »

Infamous Sea Cliff Mansion Slated for Foreclosure, Again

Infamous Sea Cliff Mansion Slated for Foreclosure, Again

On the market for $19.675 million back 2016, having avoided being foreclosed upon by way of a Bankruptcy filing, the seven-bedroom home at 224 Sea Cliff Avenue appeared to have quietly sold for $18.8 million at the end of 2017.  But alas, the sale never actually occurred and was... Read More »

Reimagined Home Further Reduced, Slated for Foreclosure

Reimagined Home Further Reduced, Slated for Foreclosure

With the project team having successfully secured forgiveness for the under-permitted redevelopment of their rather spectacularly “reimagined” home at 3847-3849 18th Street at the end of last year, the property recently returned to the market with a newly reduced list price of $8.5 million, down $900K from its previous... 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 »

Déjà Vu All over Again at the Ritz in San Francisco

Déjà Vu All over Again at the Ritz in San Francisco

Purchased as new for $1.53 million, or roughly $1,284 per square foot, in early 2008, right as the Great Recession was picking up steam, the two-bedroom Ritz-Carlton Residences unit #1702 at 690 Market Street returned to the market in early 2015 priced at $1.75 million. Reduced to $1.65 million... Read More »

Puttin’ on the Ritz for $325K Less

Puttin’ on the Ritz for $325K Less

Purchased as new for $2.2 million in early 2008, right as the Great Recession was picking up steam, the two-bedroom, two-bath Ritz-Carlton Residences unit #2101 at 690 Market Street quietly resold at the end of 2014 with a $2.125 million contract price. Boasting “expansive windows to capture stunning city... Read More »