| Author |
Messages |
|
jpinpb
Posts:1480
 |
| 04/29/2008 7:39 PM |
 Alert
|
I just thought I'd post the few foreclosures happening in LJ for those who think it is immune.
04/30/2008
10:00 am
at Broadway entr Cty Courthouse,220 W. Broadway,San Diego
Property at 5366 La Jolla Blvd C104-c, La Jolla Ca 92037-7929. Details
Sold by Quality Loan 714/259-7850
Total Outstanding Dept ~ $698,172.00
Re-Instatement Amount: $12,844.00
Original Loan: $675,000.00, Loan FileNo#:0008765, TS File#:08-0192054 Trustee#:CA-08-124260-NF.
05/01/2008
10:00 am
at Broadway entr Cty Courthouse,220 W. Broadway,San Diego
Property at 8340 Via Sonoma C, La Jolla Ca 92037-2809. Details
Sold by Forcls Consul 714/282-2430
Total Outstanding Dept ~ $300,528.00
Re-Instatement Amount: $9,061.00
Original Loan: $280,000.00, Loan FileNo#:0799851, TS File#:08-0178088 Trustee#:46540.
10:00 am
by the statue at entr E Cty Regional Ctr,250 E Main,El Cajon
Property at 8799 Gilman Dr A, La Jolla Ca 92037-1655. Details
Sold by Quality Loan 714/573-1965
Total Outstanding Dept ~ $523,443.00
Re-Instatement Amount: $25,084.00
Original Loan: $448,000.00, Loan FileNo#:0010410, TS File#:08-0195496 Trustee#:CA-08-124428-MO.
05/05/2008
10:00 am
by the statue at entr E Cty Regional Ctr,250 E Main,El Cajon
Property at 7455 Hillside Dr, La Jolla Ca 92037-3939. Details
Sold by StatewdeForclsr 619/698-5302
Total Outstanding Dept ~ $4,002,647.00
Re-Instatement Amount: $3,760,902.00
Original Loan: $3,598,800.00, Loan FileNo#:0005299, TS File#:08-0191579 Trustee#:7506.
10:00 am
at Broadway entr Cty Courthouse,220 W. Broadway,San Diego
Property at 8440 Via Mallorca 123, La Jolla Ca 92037-2615. Details
Sold by CR Title Serv 714/259-7850
Total Outstanding Dept ~ $286,714.00
Re-Instatement Amount: $11,192.00
Original Loan: $265,600.00, Loan FileNo#:0016505, TS File#:08-0203772 Trustee#:T08-32626-CA.
05/08/2008
10:00 am
at Broadway entr Cty Courthouse,220 W. Broadway,San Diego
Property at 5460 La Jolla Blvd G102, La Jolla Ca 92037-7672. Details
Sold by Quality Loan 715/259-7850
Total Outstanding Dept ~ $1,150,525.00
Re-Instatement Amount: $13,005.00
Original Loan: $1,032,000.00, Loan FileNo#:0793362, TS File#:08-0210262 Trustee#:CA-07-121531-NF.
05/13/2008
10:00 am
by the statue at entr E Cty Regional Ctr,250 E Main,El Cajon
Property at 8533 Villa La Jolla Dr D, La Jolla Ca 92037-8300. Details
Sold by First AmerLnstar 619/590-1221
Total Outstanding Dept ~ $417,403.00
Re-Instatement Amount: $12,467.00
Original Loan: $397,800.00, Loan FileNo#:0027370, TS File#:08-0218070 Trustee#:20089070800517.
|
|
|
|
|
|
|
Just Someone
Posts:159
|
| 04/30/2008 6:26 AM |
Alert
|
05/05/2008
10:00 am
by the statue at entr E Cty Regional Ctr,250 E Main,El Cajon
Property at 7455 Hillside Dr, La Jolla Ca 92037-3939. Details
Sold by StatewdeForclsr 619/698-5302
Total Outstanding Dept ~ $4,002,647.00
Re-Instatement Amount: $3,760,902.00
Original Loan: $3,598,800.00, Loan FileNo#:0005299, TS File#:08-0191579 Trustee#:7506.
Anyone believe that you could pick up a 15 million dollar property for 4 million?
http://www.sdlookup.com/MLS-076094055-7455_Hillside_Dr_La_Jolla_CA_92037
One of the other bag holders will come up with some money to keep it off the steps.
|
|
|
|
|
Brian
Posts:2278
|
|
jpinpb
Posts:1480
|
| 05/01/2008 2:13 PM |
Alert
|
05/13/2008
10:00 am
at Broadway entr Cty Courthouse,220 W. Broadway,San Diego
Property at 2600 Torrey Pines Rd, La Jolla Ca 92037-0052. Details
Sold by ReconTrust Co 626/927-4399
Total Outstanding Dept ~ $341,184.00
Re-Instatement Amount: $5,186.00
Original Loan: $306,400.00, Loan FileNo#:0714701, TS File#:08-0220869 Trustee#:07-54203.
|
|
|
|
|
dipr
Posts:18
|
| 05/02/2008 4:58 AM |
Alert
|
Posted By Just Someone on 04/30/2008 6:26 AM
05/05/2008
Anyone believe that you could pick up a 15 million dollar property for 4 million?
http://www.sdlookup.com/MLS-076094055-7455_Hillside_Dr_La_Jolla_CA_92037
funny price increases
|
|
|
|
|
jpinpb
Posts:1480
|
| 05/05/2008 8:29 PM |
Alert
|
05/21/2008
10:00 am
by the statue at entr E Cty Regional Ctr,250 E Main,El Cajon
Property at 254 Playa Del Norte , La Jolla Ca 92037-5928. Details
Sold by SBS TD 714/573-1965
Total Outstanding Dept ~ $1,055,947.00
Re-Instatement Amount: $1,028,041.00
Original Loan: $750,000.00, Loan FileNo#:0019320, TS File#:08-0229967 Trustee#:2008-1090.
|
|
|
|
|
SD_Coastal
Posts:17
|
| 05/06/2008 7:55 AM |
Alert
|
I find this PDN property especially interesting. Looks like it started out at around $4M and is now going to the court house steps with a suggested starting price of $2M. If this sells, it should be very telling as to the future of the higher end in LJ.
I've got to believe this thing will bring at least $2M (mid $500's per sq ft) even in today's market. ... if it doesn't, there has to be a less than obvious reason why.
If anyone has any more info on it I'd be very interested to hear about it. |
|
|
|
|
jpinpb
Posts:1480
|
| 05/06/2008 8:23 AM |
Alert
|
| I felt obligated to post these LJ foreclosures, since the coast is immune. Say it does sell for $2M, do you think it'll bring down the comps some? It originally sold in 2001 for 950k. Should be interesting to watch. Is the owner really Fillippi's Pizza? |
|
|
|
|
SD_Coastal
Posts:17
|
| 05/06/2008 9:19 AM |
Alert
|
I'm no expert, but with "asking" prices in the $1000 per sq foot range on houses 3-4 blocks off the water, this would have to be considered a bit of a wake up to anyone who really wants to sell a home in the Barber Beach area of LJ this summer.
Or it could be considered an unfortunate "blip" and gets buried in the back of the MLS. Time will tell, but I think this is further signs of coming cracks in the high end. |
|
|
|
|
Brian
Posts:2278
|
| 05/06/2008 9:55 AM |
Alert
|
I believe that prices will revert back 2000 nominal prices. Either that or a very long, long period of stagnation.
Time will tell.... |
|
|
|
|
SD_Coastal
Posts:17
|
| 05/06/2008 2:02 PM |
Alert
|
Anyone have any info on the recent NOD on Chelsea Ave?
Loan Balance $1.24M
1796 sq ft
4BD/2BA |
|
|
|
|
jpinpb
Posts:1480
|
| 05/06/2008 6:39 PM |
Alert
|
This is the info on the default for Chelsea. It is one of 4 properties she owns. One on 1656 Pacific Beach Dr was bought for 2005 in 2007. She has a default against that also, and late on property taxes.
Loan File No: 681325
Date Recorded: 04/10/2008
File No: 0182975
Trustee No: CA-08-149718-N
Loan Date: 09/25/2006
Loan No: 3011245929
Trustor : Kimberly E Bolden 5741 Chelsea Ave, La Jolla Ca 92037
Trustee : Quality Loan 619/645-7711
Beneficary : Washington Mutual Bank c/o 2141 5th Ave, San Diego, CA 92101
Original Loan : $1,150,000.00
Default In.. : P&I 01/01/2008
Reinstate Date: 04/06/2008
Reinstate Amount: $20,906.00
Land Value: $1,009,188.00
Improvment Value: $336,049.00
Parcel No: 351-473-15-01
Legal Code: Us 1 Per Doc03-12745
Site Address: 6616 Tyrian St, La Jolla Ca 92037-6150
TMap: 1247-f2
Deed No: 0
SqFt: 1931
No Bedrooms: 3.0
No Baths: 3.0
Zone: R-2
Year Built: 2003
Name: Ms Kimberly E Bolden
Address: 5741 Chelsea Ave La Jolla Ca 92037
Phone:
There's a NOD filed on her place on Tyrian St. in LJ also. I don't know about the place in Henderson, NV, but I can guess. Greedy and stupid. Bad combination.
|
|
|
|
|
jpinpb
Posts:1480
|
| 05/06/2008 6:44 PM |
Alert
|
| Sorry. I just read it and noticed that the site address is Tyrian, so this must not be the Chelsea property you speak of, unless I'm just not finding it. That's the only Chelsea property that comes up in my search. |
|
|
|
|
jpinpb
Posts:1480
|
| 05/06/2008 11:41 PM |
Alert
|
SDC - I was right after all. Dug a little more and came up w/this, although I don't think it is 4BD/2BA
Loan File No: 622260
Date Recorded: 04/28/2008
File No: 0214558
Trustee No: CA-08-154732-E
Loan Date: 08/31/2006
Loan No: 3011010265
Trustor : Kimberly E Bolden 4 Caves Valley Ct, Henderson Nv 89052
Trustee : Quality Loan 619/645-7711
Beneficary : Washington Mutual Bank c/o 2141 5th Ave, San Diego, CA 92101
Original Loan : $1,240,000.00
Default In.. : P&I 01/01/2008
Reinstate Date: 04/21/2008
Reinstate Amount: $12,036.00
Land Value: $1,400,000.00
Improvment Value: $150,000.00
Parcel No: 357-366-05-00
Legal Code: /exc Nly 10 Ft/ Lot
Site Address: 5741 Chelsea Ave, La Jolla Ca 92037-7515
TMap: 1247-f3
Deed No: 0
SqFt: 1316
No Bedrooms: 4.0
No Baths: 2.0
Zone: R-1
Year Built: 1944
Name: Ms Kimberly E Bolden
Address: 4 Caves Valley Ct Henderson Nv 89052
Phone:
PropType: S
|
|
|
|
|
jpinpb
Posts:1480
|
| 05/06/2008 11:54 PM |
Alert
|
Nevermind. I think it is the one, 4/2, but square footage is off. She officially has 3 places w/NODs (probably Nevada also)
PB one is late on prop tax. |
|
|
|
|
jpinpb
Posts:1480
|
| 05/06/2008 11:59 PM |
Alert
|
| Her place in Henderson is for sale also: http://www.zillow.com/HomeDetails.htm?zprop=59440284 |
|
|
|
|
jpinpb
Posts:1480
|
| 05/07/2008 12:34 AM |
Alert
|
She also has a NOD filed on 1104 Missouri St. That makes 4 places w/NODs - and I'm not sure about the place in Henderson. Way to go.
So far, looks like she only defaulted on Property tax on PB Drive. |
|
|
|
|
SD_Coastal
Posts:17
|
| 05/07/2008 8:01 AM |
Alert
|
Thx. I think you nailed 'em.
http://www.trulia.com/foreclosure/2001247956--Chelsea-Ave-La-Jolla-CA-92037
http://www.trulia.com/foreclosure/2001160513--Tyrian-St-La-Jolla-CA-92037
WAMU must love Ms. Bolden!
|
|
|
|
|
Brian
Posts:2278
|
| 05/07/2008 10:02 AM |
Alert
|
..... and some said that the coastal areas are immune.
We know that the people would bought expensive property on the coast have more financial wherewithal. But those properties also have might higher carrying costs which will deplete the cash savings and chip away at that financial wherewithal.
Like I said before, ownership premium in La Jolla is $1000 to $2000 per month on a plain house. If the owners can't carry that, it can only mean:
1) Savings accounts are pretty depleted.
2) Regular income barely covers monthly expenses (people are not as well-off you might think).
|
|
|
|
|
jpinpb
Posts:1480
|
| 05/07/2008 10:17 AM |
Alert
|
| Yeah. Coast area is immune. Can't count one property. Oh - wait. There's 4 right here on 1 person. Wish I had the time to dig through all the stealth inventory. It's like an onion. |
|
|
|
|
|