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Luxembourg, October 8, 2019 - Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that it decided to wind down and close’s operations. The Company believes that closing supports its simplification strategy, eliminates the cash burn associated with this earlier stage business, and increases focus on the core real estate and mortgage businesses.

" has been making encouraging progress in demonstrating that a better consumer real estate model based on technology and service may be viable," said William B. Shepro, Altisource’s Chairman and Chief Executive Officer. Shepro further commented, "However, as we continue to work to simplify Altisource and focus on our larger opportunities, we concluded that closing is in Altisource’s best interests given the time horizon and level of additional investments needed in order for to operate independently. I am proud of the very talented and dedicated team and want to thank them for their contributions."
194 days on
4432 Catheys Club Ln
5 Beds
7 Baths
6,672 ft2
$1,995,000 Estimate:
Estimated Payment:$7,491/mo
HOA:$1450, Quarterly

Thoughtfully renovated in 2016, the original character of this Georgian masterpiece was beautifully preserved while incorporating the latest & greatest materials

''Real'' wood floors thru-out 1st &2nd floors refinished to a brilliant matte luster, grand 2 story ceilings & striking circular staircase echo a timeless theme while top of the line appliances, quartz counters & distinct finishes create a fabulous kitchen. Features incl: Thermador/Subzero Appliances, Exceptional Plumbing Fixtures, Peach Tree Windows & Doors, 3M Sun protection, Plantation Shutters, Extensive Lighting/Recessed Lights, Bose System, Elevator, California Closets & Custom Built Shelving. 5 Car Garage, Media & Game Rooms, Wet Bar, The outdoor oasis, pool side cabana & summer kitchen complete this idyllic lifestyle

Property type
Single Family Home
Year built
Driveway - Circular, Keypad Entry, Garage - Side Entry
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My Home Features


Bedrooms: 5
Virtual Tour: virtual tour | Room Types: Bonus Room, Entry Hall / Foyer, Family Room, Home Theater


# of Full Bathrooms: 5
# of Half Bathrooms: 2


Features: Hot Tub / Spa, Built-in-Bookshelves, Butler Pantry, Wired - Sound, Library/Office, Laundry/Utility. (inside), Separate Living Room, Bar - Wet Bar, Vacuum - Central


Features: Covenants/Restrictns, Lanai, Landscape Lighting, Outside Lighting, Patio - Glassed, Porch, Summer Kitchen, Balcony, Fenced Back Yard | Pool: In Ground | Irrigation: Sprinkler(s), Yard Well & Pump


Property Types: Single Family Home | Year Built: 2000 | Structure: 2 | Architecture: Single Family Home | Construction: Frame - Wood | Roof: Shingle or Shake | Siding: Brick | Floors: Tile - Ceramic, Marble, Wood | Windows: Tinted, Window Treatment(s)

Garage & Parking

Parking: Driveway - Circular, Keypad Entry, Garage - Side Entry


Lot Features: Curb & Gutter, High & Dry, On Golf Course | Zoning: Residential, Single Family


County: DUVAL | Subdivision: GLEN KERNAN | Real Estate Area: 026-INTRACOASTAL WEST-SOUTH OF BEACH BLVD | Directions: From JTB, North on Hodges Blvd, Left on Glen Kernan Pkwy, Thru Gate, Right on Catheys Club Ln, House on Left. | MLS #: 993183


HOA: Glen Kernan | HOA Dues: $1450/ Quarterly


Appliances: Water Softerner - Owned, Wine Cooler, Dishwasher, Disposal, Ice Maker-Refrigator, Microwave, Range - Gas, Refrigerator, Oven - Self-cleaning, Water Heater - Electric

Heating & Cooling

Air Conditioning: Central Air | Heating: Central Forced Air Heating, Heat Pump-Air | Fireplaces: 1, Gas

Utilities & Security

Utilities: Cable - Available / In Street, Gas Utilities (Bottled), Underground Util. | Sewer Service: Sewer | Water Source: Public Supply | Safety and Security: Security System - Owned, Smoke Detector, Gated Community


Elementary School: Chets Creek | Middle School: Kernan | High School: Atlantic Coast Estimated Value

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Source: County(Public) Records

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Local Insights

Listing provided by: JULIE LITTLE BREWER 

Listing courtesy of: RE/MAX COASTAL REAL ESTATE |  (904) 285-5640 

Tools for buyers

Data provided by: Northeast Florida MLS
Last detected update: October 13, 2019 04:48AM EST ~ Verified on November 04, 2019 08:45PM EST

Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.

Note: Estimated payment calculations assume 20% down payment with loan terms of 3.86% fixed APR for 30 years.

Property is available to all persons, regardless of race, color, religion, sex, handicap, familial status, or national origin.
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