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7-bedroom home on market for $4.5 million
The Atlanta Journal-Constitution
Published on: 10/20/07
Michael Vick's lakefront Sugarloaf Country Club home is up for sale for $4.5 million.
According to a listing posted at Realtor.com, the suspended Falcons quarterback's seven-bedroom, 8.5-bath mansion at 2927 Darlington Run in Duluth has an estimated monthly mortgage payment of more than $23,000.
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According to Gwinnett County property records, Vick purchased the home in April of 2005 for $3.77 million.
The European-styled home inside the prestigious gated Gwinnett County golfing community features two fireplaces, a "four-plus" car garage, Cathedral ceilings, his and her closets and master bath, a "12-plus seat" dining room and hardwood floors on its 1.5 acres.
Property taxes are approximately $26,700 per year.
Agents at Waters Realty Group where the house is listed did not return phone calls Friday.
Vick could be parting with the property because of mounting legal woes. In August, Vick pleaded guilty to dogfighting charges in federal court in Virginia. He is due to be sentenced in December.
The suspended NFL player also faces state dogfighting charges in Virginia and could be ordered to give back almost $20 million in signing bonuses to the Falcons.
Wachovia Bank, meanwhile, has filed a federal lawsuit against Vick, alleging that he defaulted on a $1.3 million loan for the Tasting Room, an East Point restaurant and wine store.
— News researcher Nisa Asokan contributed to this article.
More on ajc.com
- Realtors say existing home sales fell in August (09/24/2008)
- Bankruptcy judge orders hearing in Vick case (08/14/2008)
- THINKING RIGHT: The smoker, felon voters, frozen food (06/20/2008)
- Mortgage fraud declines in Ga. (03/14/2008)
- Buyers taking a look at Vick's Sugarloaf house (10/25/2007)
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- Loss in Congress shows loss of Bush's clout (09/30/2008)
- Citigroup pays a price for Wachovia (09/30/2008)
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