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This foreclosure auction stems from a mortgage debt on a condo unit in Isabela. The plaintiff, Phalanx Capital Series 11 Real Estate, LLC, is enforcing a mortgage originally issued by BBVA Puerto Rico for $190,000 at 3.5% annual interest in 2009, later modified in 2019 to a principal of $185,065.95 with a variable rate starting at 4.75% and adjusting to 5.875%. The balance owed is $110,651.78 plus accrued interest and costs. The property is a three-bedroom condo unit with two parking spaces in the Estancias de Isabela development. No prior liens are noted, so the foreclosing mortgage has first priority. The auction will proceed in three stages if necessary, with the first minimum bid set at the appraised value of $190,000. Bidders should confirm title, HOA status, occupancy, and whether the unit is current on maintenance fees and taxes.
Cond. Estancias de Isabela, Apt. PH 932 · 00662 · Puerto Rico
Apartment PH-932 in the Estancias de Isabela condominium, located in Barrio Jobos, Isabela. The unit is a two-level apartment with approximately 1,242.10 square feet (115.506 square meters) of gross construction area. The first level includes a living room with access to a covered terrace, dining-kitchen area, laundry area, two bedrooms with closets, and one master bedroom with walk-in closet and bathroom. The second level features an interior staircase leading to an open terrace of approximately 110.10 square feet (10.23 square meters). The unit has a 0.00932% interest in the common elements and includes two uncovered back-to-back parking spaces numbered 932-A and 932-B, each approximately 296.01 square feet (27.50 square meters).
| Round | Date | Time | Price | Status |
|---|---|---|---|---|
First auction | Aug 12, 2026 | 10:00 AM | $190,000 | passed |
Second auction | Aug 19, 2026 | 10:00 AM | $126,667 | passed |
Third auction | Aug 26, 2026 | 10:00 AM | $95,000 | 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 Jul 2026.
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