Mortgage lender takes a Palacio Imperial house in Toa Alta at a foreclosure auction for $422,211
A house at Urbanización Palacio Imperial, Unit A70, Avenida Palacios Versalles, Ortiz, Toa Alta, 00957 passed to E.M.I. Equity Mortgage, Inc. at a judicial sale in a mortgage foreclosure recorded on July 16, 2026. The registry entry carries a price of $422,211. In a judicial sale in a mortgage foreclosure, the property is sold at public auction, and the court marshal signs the deed that transfers it.
The property-tax roll carries the same deed as a sale at $42,221,100. That figure is the registry's $422,211 with the cents written as dollars, 100 times the recorded price.
What the house sold for before
The house had sold for $430,000 on February 21, 2024, and a $289,101 mortgage charge on it was cancelled in the registry on March 13, 2024. The auction price is $7,789 below the 2024 sale. The company taking the house is a mortgage lender: it appears as creditor on 332 mortgages recorded across Puerto Rico in the past 24 months.
Sales in Palacio Imperial
Five other houses in Urbanización Palacio Imperial have recorded sales since October 2024, from $346,000 to $612,000, with a median of $503,000. The most recent, in February 2026, was $346,000.
Sales in Ortiz and Toa Alta
The Ortiz neighbourhood had 225 sale deeds in the 12 months from November 2024 to October 2025, at a median price of $141,700. In the 12 months from November 2023 to October 2024 it had 231, at a median of $140,000.
Across Toa Alta, the municipality recorded 578 sale deeds in the 12 months from November 2024 to October 2025, with a median price of $135,000, against 620 deeds and a median of $132,938 in the 12 months before.
Measured from registered sale deeds, the median price paid in the municipality was $169,667 in October 2025, and buyers and sellers completed 45 residential sales that month. Sellers listing residential property in Toa Alta asked a median of $250,000 in October 2026.