But Sonabank chose to keep the place for "future sale," and took it back for $4.9 Million. Patricia Kluge and Bill Moses owed the bank $8.2 Million for the failed mansion development. The land is assessed at around $7M. C-VILLE has details and links.
Next up: foreclosure on Albemarle House, February 16.
Related:
February Foreclosure Schedule Shows Homeowners Bleeding At All Price Points
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