Reader ‘aljanet’ pointed out that Phil’s house is directly behind yesterday’s Covenant REO.
He is faced with the same predicament as others in the Ranch – squishdown! They started back in June, 2007, when they listed on the range $13,250,000 to $15,000,876.
Now it’s down to $7,199,000:
http://www.sdlookup.com/MLS-100000961-5111_El_Mirlo_Rancho_Santa_Fe_CA_92067
http://www.cnbc.com/id/36505972/Mickelson_s_Krispy_Kreme_Stop_A_Social_Media_Hit“>http://www.cnbc.com/id/36505972/Mickelson_s_Krispy_Kreme_Stop_A_Social_Media_Hit
$51M income in 2007. Not too bad at 37 years old.
http://en.wikipedia.org/wiki/Phil_Mickelson
For $7 mil… yawwwwn.
Took a big slice on that one.
I am assuming the 1999 sales price was lot only. That is at $1.15.