“I’m sure there are a 100 foreclosure auctions a day in town,” says a neighbor of this expanded and tarted-up house on 8th 1/2 St., “but this is the only outwardly visible one i’ve seen in the Heights.” Main clue for our tipster that the usual sales process wasn’t working: the Auction.com signs now posted “on every possible surface.” The 3-4 bedroom home is still listed on MLS for $359,000, but bidding will start at $139,000 in Wednesday’s live event at the Intercontinental Hotel near the Galleria. The home — vacant for about a year but painted twice during that time, we’re told — fell into the hands of Fannie Mae in July, and was listed for $369,000 at the beginning of August. Next door: 2 vacant lots that face Studewood, listed for sale the old-fashioned way.
- 739 E. 8th 1/2 St. [Auction.com]
- 739 E. 8 1/2 St. [HAR]
- 821 Studewood St. [HAR]
- Residential Online Auction [Auction.com]