But real offers were slow in coming, until Trump took his detour on the way to the dinner party. “The estate manager gave him a tour of the house, and Mr. Trump told me later that he made the offer to the girls, by letter, I’m sure, of paying $25 million for the 17 acres, the house, and the furnishings,” Senecal says. “And they said no. They wanted more money.”
But soon, the wolf was not only at the door—he was also on the beach.
Trump offered $2 million for a beachfront lot in front of Mar-a-Lago—which Post’s foundation had sold earlier for $346,000. While Trump didn’t buy the property until he closed on Mar-a-Lago, The Washington Post reported, “he decided to play hardball. He said he bought the beachfront property directly in front of it through a third party and threatened to put up a hideous home to block Mar-a-Lago’s ocean view.” “That was my first wall,” he told the Post.
Tax assessed value is meaningless. The assessor sets the value of a home one time, after the bare land is developed and then enters it in a database. It's not even clear how they come up with this value, because it usually isn't the sales price. In subsequent year(s) they adjust the value of all the homes linearly to match the budget increases of the taxing authority. I've disputed mine several times in various jurisdictions. It's a made up number for satisfying a given budget.
they said he was over inflating the price. in 1989 my home was worth a cool $29,000, today it has been valued at about $400,000, by those numbers he was under valuing the price of Mar-a-Lago, not over valuing it
So it's appreciated 8 million since 1980, what a horrible investment.
meanwhile a McDonald’s cheeseburger went from $0.39 to $2.49 in the same timeframe.
I remember being so poor, on special occasions, going to get regular hamburgers cause they were .29 and putting our government cheese on them.
Gov cheese is the best cheese...
It was good man.
Yep
I used my sarcasm font and everything!😂😂
Sneaky lol
KEK
That's so fucking cool. What a great story.
Great Vanity Fair article from back when they loved Trump:
How Donald Trump Beat Palm Beach Society and Won the Fight for Mar-a-Lago
And they have started tracking on market value, unearned income tax
Tax assessed value is meaningless. The assessor sets the value of a home one time, after the bare land is developed and then enters it in a database. It's not even clear how they come up with this value, because it usually isn't the sales price. In subsequent year(s) they adjust the value of all the homes linearly to match the budget increases of the taxing authority. I've disputed mine several times in various jurisdictions. It's a made up number for satisfying a given budget.
36,000 tiles valued at 2,000 each!
37 years ago!
I would love to see a film classic in the mar a Lago theatre.
/u/-f-b-i-
check that asking price....
What a good looking man Donald Trump was...and still is!
He paid around 10M for it?!? Wow. Might be his best deal ever.
That’s our man.
amazing
they said he was over inflating the price. in 1989 my home was worth a cool $29,000, today it has been valued at about $400,000, by those numbers he was under valuing the price of Mar-a-Lago, not over valuing it