For the first time since we’ve been running the list, several properties in the heart of the Fan are on it, and an unusually large number of homes in Glen Allen. Plus two apartment buildings are on the list again.
Three of this week’s properties are making their second appearance in the foreclosure section. And Hooper Homes is reporting foreclosures on five of their lots in the Jackson Crossing subdivision in Hanover County. The original loan value for the lots was not disclosed.
A $2 million house in a Matoaca subdivision is scheduled to be auctioned off.
Nearly half of this week’s 80 properties destined for public auction are from Henrico County, but a Byrd Park house on Lakeview Avenue had the largest original loan value, at just under half a million dollars.
While most original loan values came in between $100,000 and $200,000, one property in Midlothian, and one in Hanover County defaulted on loans over $400,000.
Several higher-end homes are on the list this week, including nine valued at more than $300,000 and a home on Cary Street.
Four properties had an original loan value of more than $400,000: two in Henrico County, and two in Chesterfield County.
Eleven properties in this week’s list have defaulted loan values of more that $250,000, with Chesterfield seeing a particularly expensive property that had a value of $877,100.
Foreclosures increased in Chesterfield and Henrico compared to last week, while Richmond City saw its numbers drop by more than half.
The last week of February was a busy one for Richmond’s foreclosure market, as each of the surrounding counties saw an increase in foreclosed properties, except for Hanover. In Richmond City the number of properties with a set public auction date doubled from the week before from 11 to 22. As in most weeks, most of the properties are at the lower end of the market. But there are several properties valued at more than $400,000.