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Thu Dec 10, 2020, 09:27 AM

Absolutely NO ONE Wants to Buy Trump's Childhood Home

https://www.curbed.com/2020/12/trump-house-queens-nyc-for-sale.html?utm_source=Sailthru&utm_medium=email&utm_campaign=Curbed%20-%20December%209%2C%202020&utm_term=Subscription%20List%20-%20Curbed#comments

In a fittingly grifty real-estate move, the owners of Donald Trump’s first home in Queens have started a GoFundMe to allow MAGA fans to buy the house as a gift to their man as he leaves office. (Whether he does so voluntarily or not.) The sellers want $3 million, after which they’ll hand the keys to Trump so he can gold-plate it, or turn it into a petite presidential library full of torn-up-and-taped-together memos, or do whatever the hell else he wants with it. As of this afternoon, the campaign to raise that $3 million has taken in $125, which will perhaps cover the electric bill for a week or two.

The building has been bought twice during these grim four years, apparently by buyers who saw it as a potential growth asset. Not long before the inauguration in 2017, it went for $1.4 million, and it was auctioned within months to another buyer — said to be a Chinese investor — for $2.14 million. (Comparable houses nearby sell for considerably less than that.) It was offered at auction again last year and failed to sell, which perhaps explains why the owner’s trying this GoFundMe scheme. You could rent the house as an overpriced Airbnb for awhile, too. Hey, if Tricky Dick’s birthplace is a place to visit, why not Donald J. Trump’s?





Any real estate appraisers here? Your thoughts?


26 replies, 1593 views

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Arrow 26 replies Author Time Post
Reply Absolutely NO ONE Wants to Buy Trump's Childhood Home (Original post)
DinahMoeHum Dec 2020 OP
mitch96 Dec 2020 #1
sinkingfeeling Dec 2020 #7
mitch96 Dec 2020 #20
FSogol Dec 2020 #2
no_hypocrisy Dec 2020 #3
Miigwech Dec 2020 #4
MoonRiver Dec 2020 #5
mercuryblues Dec 2020 #13
smirkymonkey Dec 2020 #22
mercuryblues Dec 2020 #24
smirkymonkey Dec 2020 #25
Mariana Dec 2020 #16
MoonRiver Dec 2020 #18
Tanuki Dec 2020 #21
BannonsLiver Dec 2020 #26
BumRushDaShow Dec 2020 #6
Drunken Irishman Dec 2020 #8
genxlib Dec 2020 #9
dalton99a Dec 2020 #10
mercuryblues Dec 2020 #11
gratuitous Dec 2020 #15
mercuryblues Dec 2020 #17
MineralMan Dec 2020 #12
fishwax Dec 2020 #14
DBoon Dec 2020 #19
KY_EnviroGuy Dec 2020 #23

Response to DinahMoeHum (Original post)

Thu Dec 10, 2020, 09:38 AM

1. Buy it, raze it to the ground and put up a BLM memorial.....nt

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Response to mitch96 (Reply #1)

Thu Dec 10, 2020, 10:11 AM

7. Please start a GoFundMe account for that purpose.

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Response to sinkingfeeling (Reply #7)

Thu Dec 10, 2020, 11:52 AM

20. Be my guest, I'm just the idea man....;)

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Response to DinahMoeHum (Original post)

Thu Dec 10, 2020, 09:41 AM

2. Delcare it a Superfund site and label it with this:

This place is a message... and part of a system of messages... pay attention to it!

Sending this message was important to us. We considered ourselves to be a powerful culture.

This place is not a place of honor... no highly esteemed deed is commemorated here... nothing valued is here.

What is here was dangerous and repulsive to us. This message is a warning about danger.

The danger is in a particular location... it increases towards a center... the center of danger is here... of a particular size and shape, and below us.

The danger is still present, in your time, as it was in ours.

The danger is to the body, and it can kill.

The form of the danger is an emanation of energy.

The danger is unleashed only if you substantially disturb this place physically. This place is best shunned and left uninhabited.

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Response to DinahMoeHum (Original post)

Thu Dec 10, 2020, 09:45 AM

3. Not an appraiser, but to the best of my knowledge, there are two numbers for any property:

1) The real value, and

2) What Buyers are willing to spend.


Here's an example:

My family bought this house and property in Southampton, NY in 1969 for $60,000. https://www.zillow.com/homedetails/93-Cold-Spring-Point-Rd-Southampton-NY-11968/32732715_zpid/
They sold it in 1982 for $250,000
It was sold again last year for just under $3 million.

Why? B/c the property is on the Great Peconic Bay. The house has been knocked down and a mega-beach house is being constructed.

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Response to DinahMoeHum (Original post)

Thu Dec 10, 2020, 09:51 AM

4. POS idea for a POS house for a POS price for a POS. Makes perfect sense for this crowd.

 

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Response to DinahMoeHum (Original post)

Thu Dec 10, 2020, 09:54 AM

5. Looks kind of dinky.

From Mary's book I thought it was close to a mansion. But Fred was very miserly. Disclaimer, I am NOT a real estate appraiser.

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Response to MoonRiver (Reply #5)

Thu Dec 10, 2020, 10:48 AM

13. It isn't large by today's standard

It would have been considered large back then, especially to a child.



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Response to mercuryblues (Reply #13)

Thu Dec 10, 2020, 12:39 PM

22. It's tiny!

 

I wonder if he's embarrassed by having people know that he spent the first four years of his life in such a humble abode. Not that anyone else should be, but you know how he is.

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Response to smirkymonkey (Reply #22)

Thu Dec 10, 2020, 12:57 PM

24. It's 2,500 Square foot home with a detached 2 car garage

with 5 bedrooms and 4 baths.

It's no Biltmore, but it is a good sized home for the 1940's. Today it doesn't even qualify as a McMansion.

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Response to mercuryblues (Reply #24)

Thu Dec 10, 2020, 01:02 PM

25. The rooms just seem very small to me.

 

And it looks very small from the outside. Very deceiving. I grew up in a house built in the 1830's and it was enormous compared to that.

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Response to MoonRiver (Reply #5)

Thu Dec 10, 2020, 10:57 AM

16. From Mary's book I thought it was close to a mansion.

Maybe it seemed that way to her at the time, compared to where she lived.

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Response to Mariana (Reply #16)

Thu Dec 10, 2020, 11:38 AM

18. Maybe, but she was an adult when she wrote the book.

I don't care one way or the other. Just surprised at the unimpressive nature of that house.

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Response to MoonRiver (Reply #5)

Thu Dec 10, 2020, 12:32 PM

21. Different home. Per NYTimes, DJT only lived in this house until the age of 4.

The family then moved to a 23-room home in Jamaica Estates, Queens. Since his niece is much younger, that would have been the home she was familiar with.

https://www.nytimes.com/2020/12/08/nyregion/trump-house-queens.html

..."The seller’s hope is not necessarily for Mr. Trump to end up once again in 85-15 Wareham Place, where he lived until he was 4 years old, but to donate it to a charity of his choosing, or perhaps install a presidential library. Mr. Trump’s father, Fred C. Trump, a real estate developer, built the home in 1940."...

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Response to MoonRiver (Reply #5)

Thu Dec 10, 2020, 01:06 PM

26. This is a different house

The other Queens house bought after FT’s real estate business took off is considerably larger.

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Response to DinahMoeHum (Original post)

Thu Dec 10, 2020, 10:07 AM

6. I heard this story on my news radio station this morning

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Response to DinahMoeHum (Original post)

Thu Dec 10, 2020, 10:18 AM

8. It's a cute house.

 

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Response to DinahMoeHum (Original post)

Thu Dec 10, 2020, 10:28 AM

9. It's a scam

A scam being run by the real estate agent for himself and the current owner.

It is not worth $3 million. They are just trying to get rubes to contribute so that they can sell it way over the legitimate value.

Glad to see it isn't working.

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Response to DinahMoeHum (Original post)

Thu Dec 10, 2020, 10:29 AM

10. Nice scam.

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Response to DinahMoeHum (Original post)

Thu Dec 10, 2020, 10:36 AM

11. The house is way over priced for the area

only a fool would buy it for that much.

There is a much larger house for sale on the same street.

85-40 Wareham Pl, Jamaica, NY
$1,325,000
6 bd
3 ba
3,072 sqft
Price cut: $70K (11/20)



85-36 Wareham Pl

$1,295,000
4 bd
4 ba
-- sqft
Price cut: $50K (10/27)
85-36 Wareham Pl, Jamaica, NY 11432

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Response to mercuryblues (Reply #11)

Thu Dec 10, 2020, 10:56 AM

15. As we have seen these past four years

There seems to be a never-ending supply of fools willing to embarrass themselves for the greater glory of Trump.

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Response to gratuitous (Reply #15)

Thu Dec 10, 2020, 11:06 AM

17. A fool and their money are soon parted.

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Response to DinahMoeHum (Original post)

Thu Dec 10, 2020, 10:40 AM

12. That Is a Fugly House.

In my opinion, of course.

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Response to DinahMoeHum (Original post)

Thu Dec 10, 2020, 10:52 AM

14. the brick entryway plus chimney makes it look like it's giving the world the middle finger

which, I suppose, seems appropriate.

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Response to DinahMoeHum (Original post)

Thu Dec 10, 2020, 11:41 AM

19. Use it to house asylum seekers from Central America

They need a place to stay while their applications are being reviewed, and this is as good as any

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Response to DinahMoeHum (Original post)

Thu Dec 10, 2020, 12:55 PM

23. What that place needs is an exorcist.....

much like Joe will need for our White House, along with fumigation and extermination services.

Some people are saying even the ghosts of the tRump clan are psychopaths......

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