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Once he was the highest paid wide-receiver in the NFL, but now Terrell Owens is facing foreclosure on two Dallas condominiums less than three miles apart. His luxurious, 3559 square foot Azure condo with six parking garages sold at a short sale last November for about $1.4, if you will recall, or at least that’s where I called it. Looks like a couple named Monsour bought in in early December, and the unit, which T.O. once was asking $2.25 for, is now on the books at $1.425 million. (Dang I’m good!) According to data posted on RealtyTrac, the condos will go to foreclosure March 6 and are probably on Roddy’s. Owens is delinquent on a $360,000 loan serviced by JPMorgan Chase for a condo unit #307, only 881 square feet and on the books for $286,000. Guess that was for his bodyguard or Baby Mama. Honestly, if he owes more than it’s worth, he’s underwater and may be smart to walk. He actually owns TWO condominiums on Commerce Street, 3701 and 3715, but only 3701 will join the Azure at the foreclosure auction. Records show that Owens is delinquent on a $295,920 mortgage serviced by Deutsche Bank for that property. Ouch, maybe: at least that 2223 square foot unit is on the books at $355,000.
Agents, put down your tools and snap those ipads shut. Looks like Khloe and Lamar only want to lease in Dallas. Sources tell me that an agent “representing a Mavericks player” called over to the Azure today asking if they had any three bedroom condos for lease. Unfortunately, they do not. They have some nice two bedrooms — one on the 18th floor, another on the 23rd, so maybe take two, one for Khloe and Lamar, one for brother Rob?
Last week we featured price-chopped properties in honor of Cyber Monday. The response was so overwhelming, we’ve decided to continue the feast! And now one property has kindly given us an exclusive first-and-only price special that is blowing my mind. The Azure — that’s right, the place where celebs like Jason Kidd and Terrell Owens like to hang their hats -- has reduced its pricing! Right now you can buy a handful of one-bedroom units at The Azure starting at $320,000, a two bedroom for $495,000, or a three-bedroom for $845,000. That’s not all of the inventory that is left, but a few select units they really want to move.
TMZ is reporting that Terrell Owens took a bath on his Azure condo:
According to public documents, Owens paid $340,000 for the 2,600 square foot place back in 2006, right after he signed a $25 million contract with the Cowboys.
Oh. My. God. I have been to heaven and back. I’m talking about unit 3001 at the tip top of the Azure, a two-story, 5025 square foot custom (I mean, honey, custom) penthouse right up there next to Deion Sanders that makes his unit next door, which is leased out to a physician, by the way, rather ordinary. The home is that of Greg A. Brady, former president of the enormously successful Farmers Branch-based company called i-2 Technology, and once described as the smartest man in the supply-chain industry. Talk about supply chain, the guy has all but minted money.