By Karl Bremer “Casual elegance defined by deep rich colors and textures is presented in a European flavor throughout this four-bedroom walkout residence,” the listing read. “The stone exterior with a grand manor roof sets the stage for this dream home overlooking the 18th hole of the Stoneridge Golf Course. Few amenities were spared: maple kitchen with granite and limestone countertops, powder room, wine cellar, bar, exercise room, resource room, four bathrooms, spa, fully paneled library with a see-through fireplace. And, of course, a three-car garage. Built in 2005 on 3.22 acres, it carried an original price tag of $1.75 million, but was listed for as low as $949,900 in the summer of 2008. The Bachmanns’ purchase price is not known. The assessed value of the Bachmanns’ “Dream Home” has been dropping like a rock since it was built, from $1,315,600 in 2006, to $1,271,800 in 2008, the year the Bachmanns bought it, to $892,500 in 2010. If Michele and Marcus are having to choose between paying their property taxes or putting food on the table, perhaps they should get second jobs. After all, Bachmann told a news conference in 2008, “I am so proud to be from the state of Minnesota. We're the workingest state in the country, and the reason why we are, we have more people that are working longer hours, we have people that are working two jobs, we have more women in the workforce than any other state.” UPDATE: According to Zillow, Bachmann paid $760,000 for the house. Click on screenshots to make larger: ![]() ![]() |
Thursday, May 20, 2010
MICHELE AND MARCUS BACHMANN $3,814 IN ARREARS ON 2009 PROPERTY TAXES
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