New Haven Independent

Still No New Family at Kohary House

by Ben Johnson | November 3, 2009 11:09 AM | Permalink | Comments (5)

There was plenty of time for people to line up for a possible foreclosure bargain in the Westville hills. No one ended up taking it.

Instead, the ranch-style house at 250 Kohary Dr. went to the bank in a foreclosure sale Saturday. The bank had no competitors bidding against it.

The house has been in foreclosure since April. In July, a judge ordered the house sold at auction. Saturday, as court-appointed sale attorney Peter Lachman (at left in photo) stood by the curb, the noon deadline came and went: No one showed up to bid. The home, with an appraised value of $185,000, went by default to the bank, Wells Fargo, that foreclosed on the property. Lachman said the bank had faxed him a bid of $157,067.13 before the sale.

Lachman said he believes the high bid had scared off some potential bidders who called his office to inquire about the auction.

“It’s really all about the amount of the mortgage debt versus the appraised value,” he said. “If the bank’s bid had been just a little lower, I think there would have been some interest.”

Other bidders, he said, might have been put off by the fact the house was locked, making it difficult to see whether there was any damage inside.

“I put in a request for a locksmith to the court, but they didn’t get to it,” he said.

The house, he said, appeared to have been vacant for some time, and former owner Kenneth Kaplin did not appear in court to fight the foreclosure proceedings.

Share this story

Share |

Comments

Posted by: cedarhillresident | November 5, 2009 2:16 PM

The bank can't give the place next to me away. I know I am having my property reassessed this year!!! You should see how low it is sell for and them same is going on 4 doors down!!! Fourclosed house and the bank is dumping them as loses!!! I bet I cut my property tax in half!!!!!!!!!!!!!

Posted by: Norton Street | November 5, 2009 2:32 PM

This house is on a windy road in a separated housing pod accessible by one road. The houses are very similar, some made from the same floor plans, the garages eat up the facade on most houses. There is nothing within walking distance for children or adults, driving is the only option to get anywhere, there are no inviting porches that face the street, there are no focal points in the area to orient people and give them something to look at, and there is a great neighborhood just down the hill. Why would someone want an abstracted, watered down Frank Lloyd Wright prairie style house AKA a ranch style box, when they could live in a walkable, architecturally diverse and rich, historic neighborhood with local public buildings, shopping, restuarants and schools with short walking distance to homes that is lower Westville?

Posted by: lance | November 5, 2009 3:53 PM

cedarhillresident: "I know I am having my property reassessed this year......I bet I cut my property tax in half!!!!!!!!!!!!!"

I wouldn't go betting the farm on that if I were you.

Posted by: fedupwithliberals | November 6, 2009 5:36 AM

CEDARHILLRESIDENT

And with all that tax money you've saved, I'd like to sell you a bridge!

Posted by: Can't we all jusy get along | November 14, 2009 9:58 AM

Why not sell it to Hopkins or Yale, don't they have property up in that area?

Sections

Neighborhood News

Special Sections

Legal Notices

Some Favorite Sites

Government/ Community Links

Flyerboard

[ Flyers by PaperG ]

N.H.I. Site Design & Development

NHI Store

Buy New Haven Independent Stuff