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This federal mortgage foreclosure stems from two unpaid promissory notes. As of October 2024, the defendant owes approximately $476,136.49, comprising $210,114.42 principal on Note I (with $100,534.05 interest accruing at $29.18 daily, $4,684.62 late charges, $22,359.22 attorney's fees, and $1,513.50 costs) plus $136,930.68 principal on Note II. The property is a concrete-and-block house on a 252 m² residential lot in Puerto Nuevo, San Juan, originally financed by RG Premier Bank ($100,000) and later by Doral Bank ($230,000, modified multiple times). The mortgage was modified in 2010 and 2014 with variable interest terms. Homestead rights were recorded in 2016. Investors should verify tax liens, the effect of prior preferred liens, and possession status, as the successful bidder assumes responsibility for liens not being foreclosed.
#618 Avenida Andalucía, Puerto Nuevo, San Juan, PR · Puerto Rico
Rectangular lot number 10, Block GY, in Puerto Nuevo Development (Everlasting Development Corporation), Monacillos ward, Río Piedras, San Juan. The lot measures 12.00 meters front by 21.00 meters depth, totaling 252 square meters. It faces east onto Avenida Andalucía (formerly Main Street). Boundaries: north, south, east, and west with lands of Everlasting Development Corporation. A concrete and block house stands on the lot.
| Round | Date | Time | Price | Status |
|---|---|---|---|---|
First auction | Jun 12, 2026 | 10:30 AM | $230,000 | passed |
Second auction | Jun 19, 2026 | 10:30 AM | $153,333 | passed |
Third auction | Jun 26, 2026 | 10:30 AM | $115,000 | passed |
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View pricingThis sample combines multiple recorded sources, including any likely auction transfer inferred from a public record dated within nine months after a scheduled auction. Transactions below $25,000 are excluded from market statistics. Directional confidence. Use this sample as market context. It is not a complete sales ledger. Sample refreshed Mar 2026.