Charlottesville Breaking News
The first foreclosure in Patricia Kluge's life is now also her latest. And this time it's personal: the house in which she and her husband live.
A year ago, the 6,600-square-foot abode on 2.9 acres, dubbed "Glen Love," came under foreclosure when Kluge's development partners went bankrupt. She and her husband, Bill Moses, reclaimed the house at auction in front of the Albemarle Courthouse, and the couple moved in late last spring.
The one and only residence in their planned high-end agri-subdivision, Vineyard Estates, the house may be sold by Sonabank, which claims default on a $3.675 million loan. Located at 2621 Coopers Lane, the place is currently assessed at $2,496,500.
Since Glen Love first went up for auction in March 2010, the beleaguered couple have endured several foreclosure auctions that have taken their vineyards, winery, and equipment, as well as Kluge's Albemarle House mansion and the 511-acre Vineyard Estates subdivision, most of which Sonabank took back in late January.
In 2006, tracts in the first phase of Vineyard Estates were priced from $300,000 to $2.75 million. It's unclear from the Charlottesville Area Association of Realtors website whether any of the other 24 lots in Vineya...