Kim Zolciak’s $2.6M Mansion Allegedly Sold At Auction For $257k After Going into Foreclosure

0 comments

Ooops, looks like Kim Zolciak was tardy to the party!

The Real Housewives of Atlanta alum’s Alpharetta home was allegedly sold at auction on Tuesday, November 1.

The $2.6 million Alpharetta mansion Kim shares with her husband, Kroy Biermann, sold at auction on Tuesday for $257,000.

The outlet Bravo and Cocktails reports: “The bid is in. $257,000 is what the former housewife’s house was auctioned for today.”

As we previously reported, a Notice of Sale Under Power was filed after Kim and Kroy “failed to pay back” a $300,000 loan taken out on the property in December 2013. This loan was the couple’s second mortgage on the property. They acquired a $1.65M mortgage in November 2012. That first mortgage seems to be up to date, per county records. It’s unclear why the couple is paying their first and larger mortgage but not their second.

Per county records, the couple modified their second loan at least once in 2018 to help lower the payments.

Kim and Kroy’s home is valued at $2,535,285. The home sits on Manor Golf & Country Club and boasts five bedrooms, and six-and-a-half bathrooms, totaling 6,907-square-foot of living space.

According to some fans, Kim went on Instagram Live on Tuesday, denying claims that her house was auctioned off after falling into foreclosure. Kim reportedly denied being broke, saying that she was broke she would sell all her cars and that the news would have been on TMZ.

The Real Housewives of Atlanta will return to Bravo in mid-2023.

Thoughts on Kim Zolciak and others? Sound off below!

Follow AllAboutTRH On Instagram.
Follow AllAboutTRH On Twitter.
Like
AllAboutTRH On Facebook.

About Us

All About The Real Housewives AKA All About The Truth is a website that updates you with all the latest news on everything Real Housewives & Bravo TV. AllAboutTRH was created in 2011 and is ran by enthusiasts of the entire Real Housewives franchise. This site contains a number of exclusive interviews and all content is original.

© Copyright 2023 – allabouttrh.com

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More