No bids for Trump’s childhood home in Queens

Posted On Mon, November 18, 2019 By

Posted On Mon, November 18, 2019 By In Celebrities, Jamaica, Queens

Image courtesy of Paramount Realty USA

The boyhood Queens home of President Donald Trump was slated for an auction this month after failing once again to secure a buyer. But the auction, scheduled for November 14, never happened as no qualified bids came forward, the New York Post reported. Most recently listed for $2.9 million, the five-bedroom Tudor-style home at 85-15 Wareham Place has been on the market three times since 2016, with a short stint on the rental market.

Jamaica Estates, queens, trump childhood home, 85-15 Wareham Place, donald trump, cool listings

Jamaica Estates, queens, trump childhood home, 85-15 Wareham Place, donald trump, cool listings
Images courtesy of Paramount Realty USA

Paramount Realty USA’s Misha Haghani, who has handled the home’s previous sales, told the Post: “We postponed the auction to give campaigns a chance to raise money.”

According to the Post, one person launched a GoFundMe campaign to raise $5 million to buy the home just to tear it down. Organized by David Yates, the fundraiser, which launched in September and has no donations yet, calls on donors to “be an active part in DEMOLISHING Donald’s legacy.”

“I want to buy it and tear it down,” Yates writes on the fundraising site. “Trump grew up in the house. God forbid some Trump Maniac buys the house and turns it into a shrine, or a museum.”

Jamaica Estates, queens, trump childhood home, 85-15 Wareham Place, donald trump, cool listings

Jamaica Estates, queens, trump childhood home, 85-15 Wareham Place, donald trump, cool listings
Images courtesy of Paramount Realty USA

The Jamaica Estates home, no longer affiliated with Trump or his company, was sold in 2016 to Manhattan real estate developer Michael Davis for $1.39 million from a couple who owned the property since 2008. Shortly after, Davis sold the home at auction for $2.14 million to an undisclosed buyer who used the limited liability company Trump Birth House.

In June 2017, the current owner put the home on the rental market for more than $3,500 per month, followed by on Airbnb for $725 per night. In February of this year, Trump Birth House LLC listed the home for $2.9 million and said the company would accept offers and proof of funds via email. It was pulled off the market less than two weeks later.

In 1940, Fred Trump built the modest, yellow home, where the family would live for the first four years of the president’s life. The home, which appears to need some serious upgrades, features mahogany floors, a screened-in patio, finished basement, and a driveway leading to a two-car garage.

The current owner also decked out the property with Trump memorabilia, including a life-size cut out of POTUS, framed photos of Trump, and a copy of The Art of the Deal.

“It’s really going to be interesting to see how value plays out here,” Haghani told 6sqft last September in an email. “It almost feels like value is directly related to how people feel about the President.”

[Via New York Post]

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All photos courtesy of Paramount Realty USA

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Neighborhoods : Jamaica Estates

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