Nicolas Cage's Two New Orleans Houses Listed In Sheriff's Sale
A reader left me a hot tip this morning that he had seen a couple of interesting foreclosure New Orleans auction notices come up on the Trulia website. Could they be the homes Nicolas Cage has been trying to sell in New Orleans? A quick look at the Orleans Parish Sheriff website confirms that both of Cage's New Orleans homes on the market including the haunted LaLaurie mansion are listed as part of a November 12 auction. The houses each appear with a claim of $5,548,260.78 and Regions Bank is listed as the claimant against a real estate L.L.C. known to be used by Cage to purchase the homes.It's just the latest turn in Cage's complicated financial saga.
Just the other day we learned that Nicolas Cage's current total owed to the IRS is now a steep $6,257,005. He recently sold both his Bel-Air, California Tudor home and his New York City apartment. Homes in Las Vegas and Rhode Island remain on the market
[Thanks Bill!]
Reader Comments (Page 1 of 1)
Spectacular Bid Oct 15th 2009 2:05PM
Amazing that a man with seemingly as much cash flow as he's had - with some of the purported highest movie paychecks - in recent years that he's having to liquidate almost every home he's bought within such a short time span.
As cited elsewhere the castle in England he bought now is being marketed at a heafty loss. Further its been cited on here a few times that the Middletown (Newport) RI estate purchase of Gray Craig will be possibly as much as a $5M loss in less then 2 years. Public records show he bought that for $17.5M in 7/07 and it's now listed at $12M.