Rose Hill foreclosure not representative of city values
-
This Forest Street home went to foreclosure with an asking price of $96,700 and eventually traded for $17,700, just over $11/square foot (far below the area average). The listing agent reports that the contract took over a year to settle due to complications with the title and boundary issues with the adjacent lot. The low price, he cautions, was influenced by these factors and not indicative of city values.Samantha Masone
8/20/12
Charlottesville
Stephen L. & Barbara J. Wheeler to Karen M. Wheeler, 111 Hartford Court, $138,500
Teresa D. Caddell to Bank of America, 1451 Avon Street, $99,875
Francis Carcuccio & Julie Innes to H. Robert & Cynthia W. Brashear, 302 12th Street NE, $225,000
Bank of New York Mellon to Cava Capital, LLC, 1231 Agnese Street, $110,100
8/21/2012
Albemarle
Bank of New York Mellon to Lee T., Jessica T., Joyce Ann Moore, 108 Woodlake Drive, $80,000
Lynn M. & Rober L. Green, Jr. to David J. & Kirstie E. Treccariche & Bradford Lee Sensabaugh, 111 Hessian Hills Ridge, Unit 3, $104,000
David Lee & Cynthia Hash to April M. Hash, 1354 Villa Way, Unit A. $118,000
Argent Development LLC to Brandy Gentry, 1677 Coles Rolling Road, $122,000
Mary Carter Lee to Federal National Mortgage Association, 255 Samuels Road, $182,124
Craig Enterprises, Inc. to Samuel D. Craig III, 1232 Old Trail Drive, $270,000
Peter L. & Michelle M. Lewis to Jennifer & Donald M. Sims, Jr. , 3483 Preddy Creek Road, $315,000
Gary L. Hagar to Anthony & Barbara Spellman Joint Revocable Trust, 600 Brighton Drive, $315,000
NVR, Inc. to Dennis & Tara R. Hohenshelt, 1557 Wickham Pond Drive, $371,930
Marjorie Pennington to Norman E. & Carolyn J. Mcgough, 1874 Thomas Jefferson Parkway, $437,500
John A. Keaton to Stephan Hawranke, 180 W. Main Street, $550,000
Charlottesville
US Bank National Association to Donald E. Soechting & Julie M. Harlan, 707 Forest Street, $17,700
John S. Beard to Matthew J. Hodyno, 428 5th Street SW, $190,000
Bart C. Neumann to Federal Home Loan Mortgage Corporation, 2306 Fontaine Avenue, $155,836 (foreclosure)
8/22/12
Albemarle
US Bank National Association to Maggie Magdeline Morris, 576 Maxfield Road, $57,500
Denise R. Cade & John W. Perry, Jr. to William E. & Jennifer J. Doar, 2908 Catlett Road, $150,000
Virginia Dianne Ainsley & Cornelia M. Wood to Kenneth & Monica Van Zandt, 881 Zion Hill Road, $150,000
Christopher W. Morris to Zhamshid A. Aliyev, 123 Woodstock Drive, $235,000
NVR, Inc. to Donald S. & Catherine H. Matthews, 1487 Wickham Pond Drive, $237,375
Stephen M. & Amy E. Barbour to Ralph E. & Annelle A. Disimone, 4357 Chris Greene Lake Road, $247,000
Sherrill L. & Robert A. Stramara to Steven & Linda Bock,1433 Ballard Drive, $279,500
Andrew P. & Amy E. Ritchie to Andrew M. & Sara J. Kovanen, 2049 Brownstone Lane, $409,000
Charlottesville
Ellen C. Dietrick to Kyle C. & Elizabeth M. Savage, 439 Fairway Avenue, $215,000
8/23/12
Albemarle
Sarah C. & Douglas F. Gibson, Jr. to Ronald E. & Christine M. Erskine, 5.10 Acres, TM 64-22D, $20,000
Octopus Property, LLC to William B. & Jane E. Craddock, 310 Riverbend Drive, Unit 4D, $112,500
Octopus Property, LLC to Michael & Margery Stalch, 280 Riverbend Drive, Unit 2D, $120,000
Steven Belcher & Monique Moshier to Joshua F. & Amanda C. Smith, 159 Buttercup Lane, $223,000
Craig Enterprises, Inc. to John F. & Carolyn R. Brauner, 4634 Mechums River Road, $359,199
Avon Properties, LLC to Craig Enterprises, Inc., TM 91A, Parcels 33, 34, 35, 36, 37, 38, Avinity, $455,784
Charlottesville
Octopus Properties, LLC to Nadeem & Anjum Malik, 715 Walker Square, Unit 3B, $190,000
Anna Parker to Andrew J. & Julie L. Rotherham, 1102 Forest Hills Avenue, $185,000
Jimmy A. Dorman to Baron Ten, LLC, 602 Montrose Avenue, $60,000
8/24/12
Albemarle
Wickham Two Holdings, Ltd. to NVR, Inc., 1470 Wickham Pond Drive, $77,500
Marti Spry to Monacan 777, LLC, 777 Monacan Trail Road, $148,000
Stephanie Kim Isaacs To Karen E. Zvarych, 1511 Buck Road, $151,000
Branch Banking and Trust Company to Timothy M. & Shirley A. Lehigh, 1245 Pounding Creek Road, $158,000
1 comment
Checking the records, that Forrest St. place that went for $17+K originally went to foreclosure several years ago with the borrower owing some $165K. Now there's some deleveraging for you. I looked at it several years ago when the bank briefly listed it with a realtor, but it had been so trashed by its former occupant and had suffered the ravages of transients camping in it that it was already a teardown property even then.