Trump's Queens Childhood Home Sells for $1.93M
Trump's Queens Childhood Home Sells for $1.93M
The News
President Donald Trump's childhood home in Queens has sold for $1.93 million, listing agent Joe Zhu of RE/MAX Edge confirmed to the New York Post.
The Tudor-style house at 85-15 Wareham Place in Jamaica Estates was built by Trump's father, developer Fred Trump, in 1940. Trump lived there until he was about 4, when the family moved to a larger home nearby.
The seller, developer Tommy Lin, bought the roughly 3,100-square-foot house for $835,000 last year, when it was vacant, water-damaged, moldy and home to a colony of feral cats. He then spent more than $500,000 on an eight-month gut renovation.
The Numbers
The final price came within $70,000 of the most recent $1.99 million asking price, and nearly $1.1 million above what Lin paid. The Independent reported the sale price appeared on real estate websites Friday; the buyer's name has not been disclosed.
Timeline
Fred Trump builds the brick-and-stucco, five-bedroom house in Jamaica Estates. His son Donald lives there until roughly age 4.
Months after Trump takes office for his first term, the home sells for $2.14 million, according to Zillow. The buyer was an entity called Trump Birth Home LLC, and the house was briefly rented on Airbnb, stocked with a life-sized cardboard cutout of Trump, copies of "The Art of the Deal" and a framed People magazine cover, the Independent reported.
It is listed again at $2.9 million and goes unsold. The house then falls into disrepair after a burst pipe leaves water damage and mold.
Developer Tommy Lin buys the property for $835,000 and begins an eight-month, $500,000-plus interior overhaul.
The New York Post reports the home has gone into contract. Zhu says at the time the offer is "very close" to the asking price, but does not disclose the number.
The $1.93 million sale price is confirmed and posted publicly.
Reactions
Zhu, the listing agent, said the presidential connection drove interest. "There were quite a lot of people" interested because it was Trump's former home, he told the New York Post, adding that some buyers saw additional historical value in owning the property.
Neither Trump nor the White House has commented publicly on the sale, according to the reporting available. The Trump family has not owned the house in years.
What's Next
The buyer's identity has not been made public, and there is no word on whether the new owner plans to live in the house or market its history the way a previous owner did with the Airbnb listing.
More
Lin's renovation added a chef's kitchen, herringbone wood floors and spa-like bathrooms while leaving the Tudor exterior intact. The house first returned to the market at $2.3 million, was pulled and relisted, then cut to just under $2 million before it found a buyer this summer.
Trump, now 80, built his fortune in real estate — including Trump Tower in Manhattan, where he lived for decades — before turning his name recognition into a political career. As president he is overseeing another renovation: a large ballroom addition at the White House and gold-plated fixtures in the Oval Office, the Independent noted.
Poll
Does a president's childhood home deserve a price premium?
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