Bristol Buys a New House in Arizona

Written by FrumForum News on Friday December 24, 2010

The Arizona Republic reports:

Bristol Palin, 20-year-old daughter of Sarah Palin, has bought a home in Maricopa, an outlying Valley suburb in Pinal County.

Aside from the celebrity buyer, the political family and Dancing With the Stars, the purchase of the five-bedroom house represents a typical real-estate saga in Arizona.

Public records show the home was built in 2006 and bought for $329,560. It went into foreclosure in January of this year.

The home was then purchased in May for $137,200 by Michael and Cynthia Smith, a couple from North Dakota, as an investment.

They fixed it up and put it back on the market.

Bristol Palin bought it this month for $172,000 in cash.

Category: The Feed