San Diego Foreclosure Friday - Volume 14

It's the 4Th of July weekend and San Diego Foreclosure Friday is back with a BANG! Once again I've scoured all of San Diego to find the best of the best foreclosure deals out there right now, and will be share them all with you.

There has been a bit of a lull in the San Diego foreclosure market the last couple of months with the inventory running thin after the foreclosure moratorium that many of the large banks imposed at the end of last year. But that moratorium was lifted in March, and I am starting to see quite a few more foreclosures trickle on to the market. As you know, I do a lot of work with my clients buying San Diego foreclosure properties, and from everything I've been hearing on the street there is a big wave of new foreclosures that are due to hit the market in the coming months.

This week we have three updates on previous properties that we have listed here on San Diego Foreclosure Friday as available properties. These properties have now closed and you'll get to see what they sold for. I also have a few new properties that just came on the market and are currently available as well as another new closing.

So to start out, here are the updates:

SOLD $1,025,000 (6/11/2009)

LISTED AT $979,900

PREVIOUSLY SOLD $1,645,000 (1/16/2007)

Enjoy completely unobstructed views all the way to downtown San Diego from this 4 bedroom, 3 1/2 bath, 2119 square foot Point Loma home. This outstanding residence was completely remodeled inside and out with floor to ceiling wood windows, hardwood floors, an amazing master suite with a private deck, complete with outdoor fireplace, and posh spa master bathroom.

SOLD $281,000 (6/17/2009)

LISTED AT $194,900

PREVIOUSLY SOLD $401,000 (12/7/2006)

This adorable cottage in Golden Hill sits just outside of downtown. With 2 bedrooms, 1 bath, and 710 square feet it is the perfect alternative to condo living! This home sits on a great little lot with a good size front yard and a large covered deck in that overlooks the backyard.

SOLD Cash $1,325,000 (6/19/2009)

LISTED AT $1,299,800

PREVIOUSLY SOLD $2,300,000 (12/29/2005)

Enjoy panoramic ocean views from this 4915 square foot Encinitas home. Built in 2005, this home comes with 5 bedrooms, 3 full baths, and 2 half baths. Some of the many features include designer paint, hardwood floors, 3 fireplaces, granite and marble counters, stainless steel appliances, Kohler bathroom fixtures, and a 3 car garage.

And now for this weeks foreclosure listings:

SOLD $370,000 (7/2/2009)

LISTED AT $279,900

PREVIOUSLY SOLD $495,000 (12/16/2004)

This cute vintage Craftsman cottage in the University Heights neighborhood sold in foreclosure for $125,000 less than it's 2004 price. This home comes with 2 bedrooms, 1 bath and 858 square feet and features hardwood floors, a fireplace and tons of character.

CURRENTLY AVAILABLE $640,000

PREVIOUSLY SOLD $918,000 (10/1/2007)

Baseball anyone? This 2 bedroom, 2 bath, 1118 square foot condo is currently available in the Legend, downtown San Diego's only luxury high-rise located directly within Petco Park, the home of the San Diego Padres! This unit is on the 16th floor and enjoys amazing southwest views into Petco Park and the bay. Comes with granite counters and stainless steel appliances in the kitchen, travertine tile in both bathrooms, and two parking spaces.

CURRENTLY AVAILABLE $974,900

**PREVIOUSLY LISTED $1,475,000 (9/22/2008)

This Point Loma home with unobstructed bay and downtown views last sold in 2005 for $895,000 when it was a very original 1640 square foot home. The new buyers completely remodeled the home and added a huge second story master suite to bring the new square footage up to 2318 square feet. **They then brought it on the market for $1.7 million in 2006 and dropped the price to $1.475 million before it went into foreclosure. Now this 3 bedroom, 2 bath home with sit-down views from living room, dining room, kitchen, master bedroom and 3 decks is on the market in foreclosure for $974,900!

If you would like more info on either one of these listings, other foreclosure properties throughout the San Diego area, or general information about buying foreclosure properties, please check out my website page on buying San Diego foreclosures. You can easily contact me from the form on the bottom of that page, or via email at Michael@NeelyBarrow.com.

You can also check out my website for more info on our San Diego real estate services and to search all the homes for sale in San Diego.

Be sure to check back in again next Friday for another San Diego Foreclosure Friday!