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U.S. National Bank Association is accusing the rocker, whose real name is Paul Frehley, of owing thousands in mortgage payments on his Spring Valley Road home, according to a summons filed Feb. 15 to the Westchester County Clerk’s office.
The summons claims Frehley, 61, stopped making payments on his home in March 2011, and a balance of $703,581 remains of his initial $735,000 mortgage, which he signed June 16, 2006. The bank is looking to recoup the remaining balance with interest and late charges.
The one-family house, at 1347 Spring Valley Road is part of the Ossining Union Free School District and sits on 3 acres. The house was constructed in 1926 and has three bedrooms and three bathrooms.
Jendell Productions LLS bought the home in November 2000, for $650,000. The company then signed the house over to Frehley Feb. 19, 2004, according to the Westchester Clerk's Office.
Yorktown's 2012 assessment roll puts the house's "full market value" at $563,909.
The assessment roll also indicates Frehley owns two other nearby properties - 1363 Spring Valley Road, a 2.14-acre one-family home, and 1357 Spring Valley Road, a 1.88-acre vacant lot.
Frehley, now a solo musician, is most remembered as the lead guitarist of heavy metal band KISS, which was known for its members' black and white face paint and flamboyant stage outfits. He left the band to pursue a solo career in 1982, but returned to KISS from 1996 to 2002.
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