Nicolas Cage Forclosed Homes
Monday, November 16th, 2009

Nicolas Cage lost two homes in New Orleans in a foreclosure auction Thursday. Regions Bank of Birmingham purchased the actor’s home at 1140 Royal Street in the French Quarter for $2.3 million one third less than its appraised value of $3.5 million. The bank also paid $2.2 million for Nicolas Cage’s 2523 Pataniya Street property, which had been appraised at $3.3 million. Nicolas Cage owes the IRS $6.3 million in back taxes.

