2011.09.08 Houses by million$

Written by David Green.

By DAVID GREEN

We all get our share of uninvited e-mail, but I’m sure that some businesses attract more than others. Newspapers probably end up with a more interesting variety than most businesses.

For example, you probably didn’t know there was to be a single lane closure on southbound US-23 from just south of the I-96 interchange to Lee Road last weekend.

Were you aware that Endtime Ministries classifies the rise of facial recognition technology under its Mark of the Beast category?

Did you know that as of Aug. 29, the average price of gasoline in Michigan rose 7.3¢ a gallon to $3.76? Hmmm, must be a holiday approaching.

I’ll bet you didn’t know that Mike Busley, founder of Grand Traverse Pie Co., was appointed to the Michigan Travel Commission, and that Geary Bates of Wintersville, Ohio, was named to Ohio’s Amusement Ride Safety Advisory Board.

This is a very small sampling. I would be one of the most informed members of my community if I did more than hit “delete” several dozen times a day—day after day after day.

There’s one junk e-mail that gets my attention now and then. The company does a good job with its heading to avoid the delete.

 “Big Hooters Auction.” “Dead Vampires, John McCain and Donald Trump.” “An Arkansas Castle and Burt’s Foreclosure.”

A few months ago I started receiving the weekly update from Top Ten Real Estate Deals, and I have to admit, it’s a pretty good waste of time.

Take the one that mentions McCain and Trump, for example. On the website you see “John McCain Home Foreclosure.” The details show that it’s the home where he and Cindy raised their family.

A new owner bought the place for $3.2 million and spent another $1.3 million for renovations (11 bedrooms and 13 bathrooms now). It went up for auction last month for only $3 million.

The story ends with this: “Sarah P., couldn’t you have had a little patience? Kicking yourself now?”

That’s in reference to Sarah Palin who was featured in June after she spent $1.7 million on an Arizona mansion. Remember, she’s just “one of us.”

That same issue mentioned Glenn Beck taking a 27 percent loss on his New York mansion originally priced at $6.5 million. All of this pales in light of the sale of Ellen Degeneres’ house valued at $49 million.

For that kind of money, you could buy a 31,000 square foot beach house in Hillsboro, Fla., with 232 feet of beach frontage. The link to the realty company’s website shows quite an array of multi-million dollar properties—dozens and dozens at reduced prices.

Most of the reductions are on the low side—$200,000 off here, $100,000 there—but there’s a “waterfront gem” in Fort Lauderdale that’s going for a million off, now down to $5.9.

An elegant 9,900 square foot villa in Boca Raton is selling for $7.45 million, but what would you expect for dockage that can handle three yachts? The owners are taking a loss on this one: the price has been slashed by $2.45 million.

It makes you curious about the sellers. What do they do in life to earn that kind of money? What’s their life like now when they’re taking that kind of loss?

Back to the Top Ten. What about the Big Hooters Auction? It’s the property and equipment from the Hooters restaurant in Beckley, W. Va., valued at $2.5 million.

There’s more from West Virginia. You can bid on the property where abolitionist John Brown was hung. The 7,000 square foot home is valued at $2.25 million, but you know how housing values stand. The suggested starting bid is listed at $950,000. I wouldn’t be surprised if Brown was allowed to use the original outhouse still standing, but he never got near the water slide in the pool.

Everything mentioned so far falls short of the “world’s most expensive ranch,” a three-bedroom home near Jackson Hole, Wyo., selling for $175 million. That includes land for 35 home sites.

I keep thinking about the enormous places you see from time to time. What makes some people want to build huge, showy houses while others are satisfied with something so much smaller?

If it doesn’t work out with the big one, Top Ten offers an article titled “Life after bankruptcy.”

  • Front.train
    WRECKAGE—Morenci Fire Department member Taylor Schisler walks past the smoking wreckage of a semi-truck tractor on the north side of the Norfolk and Southern Railroad tracks on Ranger Highway. The truck trailer was on the south side of the tracks
  • Front.sculpta
    SCULPTORS—Morenci third grade students Emersyn Thompson (left) and Marissa Lawrence turn spaghetti sticks into mini sculptures Friday during a class visit to Stair District Library. All Morenci Elementary School classes recently visited the library to experience the creative construction toys purchased through the “Sculptamania!” project, funded by a Disney Curiosity Creates grant. The grant is administered by the Association for Library Services to Children, a division of the American Library Association.
  • Funcolor
    LEONIE LEAHY was one of three local hair stylists who volunteered time Friday at the Morenci PTO Fun Night. Her customer, Aubrey Sandusky, looks up at her mother while her hair takes on a perfect match to her outfit. Leahy said she had a great time at the event—nothing but happy clients.
  • Shadow.salon
    LEARNING THE ROPES—Kristy Castillo (left), co-owner of Mane Street Salon, works with Kendal Kuhn as Sierra Orner takes a phone call. The two Morenci Area High School juniors spent Friday at the salon as part of a job shadowing experience.
  • KayseInField
    IN THE FIELD—2004 Morenci graduate Kayse Onweller works in a test plot of wheat in Texas. She’s part of Bayer CropScience’s North American wheat breeding program based in Nebraska, where she completed post-graduate work in plant breeding and genetics.
  • Front.winner
    REFEREE Camden Miller raises the hand of Morenci Jr. Dawgs wrestler Ryder Ryan as his opponent leaves the mat in disappointment. Morenci’s youth wrestling program served as host for a tournament Saturday morning to raise money for the club. Additional photos are on the back page.
  • Front.bank.2
    SHERWOOD STATE Bank opened its Fayette office at a grand opening Friday morning, drawing a large crowd to view the renovated building. Above, Burt Blue talks to teller Cindy Funk, while his wife, Jackie, looks around the new office. The Blues missed the opening and took a quick tour on Tuesday. Few traces remain of the former grocery store and theater, however, part of the original brick wall still shows in the hallway leading to the back of the building. The drive-through window should be ready for customers later in the month.
  • Front.make.three
    FROM THE LEFT, Landon Wilkins, Ryan White and Logan Blaker try out their artistic skills Saturday afternoon at the Morenci PTO’s first Date to Create event. More than 50 people showed up to create decorated planks of wood to hang from rope. The event served as a fund-raiser for miscellaneous PTO projects. Additional photos are on the back of this week’s Observer.

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