A two-story,
Tudor-style house that Trump lived in until he was four years old fetched $2
million at auction.
A brief connection with Donald Trump will provide a happy return for the owner of an unassuming property in Queens, New York.
The two-story, Tudor-style home where Trump once lived as a child hit the auction block January 17, and we just learned that the home sold for $2.14 million once the hammer hit, according to the New York Post.
The new buyer is a real estate investor.
The home is unremarkable except for its historical link to the president, but that fact is key, the auction company's principal auctioneer told The New York Times prior to the sale.
"It's unique, and it has intangible value that goes beyond just the physical real estate," Paramount Realty USA's Misha Haghani told the Times. "You're not actually getting anything of tangible value for the Trump association."
The auction was blind and did not have a target price. The property was originally put up for sale for $1.6 million in 2016, though that price was later reduced to $1.2 million. The listing was taken down due to lack of interest, according to the New York Post, and the previous owners, Isaac Kestenberg and his estranged wife, Claudia, planned to auction it off in October 2016. It later sold to its most recent owner, real estate prospector Michael Davis, for $1.25 million in December.
Before this, the home last changed hands in 2008, when it was purchased for $782,500.
Donald Trump's childhood home is situated in the neighborhood of Jamaica Estates in Queens, New York.
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Donald Trump's childhood home is situated in the neighborhood of Jamaica Estates in Queens, New York.
(Paramount Realty USA)The petite 40' x 120' suburban lot fits in with the rest of the neighborhood.
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The petite 40' x 120' suburban lot fits in with the rest of the neighborhood.
(Paramount Realty USA)The rear of the Tudor-style home includes a sun porch.
Donald Trump's father, Fred Trump, built the house for his family in 1940, and they lived in it until Donald was four years old.
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Donald Trump's father, Fred Trump, built the house for his family in 1940, and they lived in it until Donald was four years old.
(Paramount Realty USA)
Source: NYT
It seems that the house has not been updated much since then.
According to the auction listing, the interior has "old world charm."
The home has five bedrooms spread across 3,600 square feet.
Trump's former bedroom was decorated in a patriotic manner at the time the listing photos were taken.
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Trump's former bedroom was decorated in a patriotic manner at the time the listing photos were taken.
(Paramount Realty USA)Aside from the link to Trump, not much else sets the home apart.
Trump himself reportedly expressed interest in purchasing the home in the past, but he never followed through to visit the property.
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Trump himself reportedly expressed interest in purchasing the home in the past, but he never followed through to visit the property.
(Paramount Realty USA)
Source: The New York Times
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