Showing posts with label retirement home. Show all posts
Showing posts with label retirement home. Show all posts

Thursday, April 26, 2012

The Butcher Mansion - a Retirement Home?

Q. Kathie asked: "What was all the business about a nursing/retirement home going in the Butcher Mansion? Does the man that bought it years ago still own it?"

A.The short answer is, aside from the lending institutions, there have been 3 owners: The Butchers, the Barbours and Charlie Hicks. But the long answer is a bit more complicated.

The Butchers moved into their dream home in 1974. But by 1985, Sonya Butcher was forced to sell the home due to Jake Butcher's arrest and subsequent bankruptcy.

Clifford and Dorothy Barbour picked up the home from Sonya for $800,000. The Barbours then lost the home less than eight years later to their own foreclosure (1993).

In 1993, Charlie Hicks and partners picked up the property at the Barbour's foreclosure for $621,000. Hicks and his partners subdivided the 27 acres into parcels and chopped the home into 5 condos. 

Restrictive covenants for a Home Owners Association were filed in 1994 and a condominium master deed was filed in 1997.

Though the Home Owner's Association for the neighborhood continued, the condo project was terminated 10 years after filing because...