Foreclosures 12/9/22

Here are the foreclosures for the week ending 12/9/2022. As always: To receive weekly emails, just drop us a line (info@hk.team) and we’ll put you on the list.


383 ELMWOOD LN, HAYWARD, CA 9454

Winning Bid: $501K
Market Value: $914K
Margin: $413K
Beds / Bath 2/2
House Size 1725 sq ft
Lot Size 5000 sq ft
Year Built 1950

Kirk’s Comments: Some valuations go as high as 1.1m.

 

111 W SAN LUIS ST,SALINAS, CA 93901

Winning Bid: $341K
Market Value: $643K
Margin: $302K
Beds / Bath 2/1
House Size 1510 sq ft
Lot Size 4073 sq ft
Year Built 1946

Kirk’s Comments: Downtown Salinas bungalow.

16 MIDWAY DR,OROVILLE, CA 95966

 

Winning Bid: $51K
Market Value: $281K
Margin: $200K (there is another 28K loan from the city)
Beds / Bath 2/1
House Size 1514 sq ft
Lot Size 6970 sq ft
Year Built 1945

Kirk’s Comments: Normally we don’t provide information on 2nd position loans, but in this case the first position loan is for only 28K. With a little work, it could be lucrative.

 

12461 JESSICA PL,GRANADA HILLS, CA 91344

Winning Bid: $641K
Market Value: $1728K
Margin: $1088K
Beds / Bath 5/5
House Size 3907 sq ft
Lot Size 11195 sq ft
Year Built 1989

Kirk’s Comments: A lot of house for 640K. Wow. Over 1M in margin! Located in the upscale suburbs of LA.

 

 

7670 WREN AVE, GILROY, CA 95020

Winning Bid: $575K
Market Value: $1056K
Margin:

$481K

Beds / Bath 4/2
House Size 1839 sq ft
Lot Size 8112 sq ft
Year Built 1977

Kirk’s Comments: Gilroy ranch with solar.

 

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