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View Full Version : Stevie sells another Scottsdale home

vivfox
12-25-2007, 02:00 AM
$3,000,000.
Ronald C. Brown and his wife, Katherine, paid cash for a 7,299-square-foot home with pool originally built in 1983 on the east side of the Orange Tree Golf Resort in Scottsdale. Ronald Brown is president of Atrium Holdco LLC, a private hotel investment company He is the current chairman of Phoenix Children's Hospital's board of directors. The home was sold by Stephanie Lynn Nicks, as trustee of the Nicks Revocable Trust. Stephanie Lynn Nicks, better known as Stevie Nicks, is a singer-songwriter best known for her work in the 1970s with the band Fleetwood Mac. Nicks is a native of Phoenix.

http://www.azcentral.com/business/articles/1224biz-donedeals1226-ON.html
gldstwmn
12-25-2007, 01:48 PM
Hmm. I wonder if this was her parents home? Or is it the Paradise Valley house? :confused:
vivfox
12-25-2007, 06:10 PM
Hmm. I wonder if this was her parents home? Or is it the Paradise Valley house? :confused:
Neither. Or as Lindsey would say, "in a word, no."
desertangel
12-25-2007, 06:12 PM
The same question popped into my head, initially. Upon second look at the article, the words "Scottsdale" "Revocable Trust" and "trustee" immediately led me to believe it was mom and dad's pad. My brother, as trustee of my parent's estate, is currently selling their house as both have now passed. I assume there was something written in Mr. Nicks' Will that directed sale of the house. I'm not surprised that Stevie was chosen as trustee. ;) I can also only assume she probably, for the most part, had "her people" handle many details of the responsibility. I hoped there would be a picture of the house. Since names and approximate location of the home were published, I wouldn't think it was an issue of privacy.
MacMan
12-25-2007, 06:50 PM
Neither. Or as Lindsey would say, "in a word, no."

It's her Paradise Valley home that this is reporting the sale to on. What are the chances of her owning two properties in Pheonix with exactly the same square footage?

Indeed, a perusal of multiple listing service data shows that the 7,299-square-foot house now is on the market. http://www.bergproperties.com/blog/rocker-stevie-nicks-lists-her-five-bedroom-house-in-paradise-valley-ariz-for-38m/1465/celebrities
WelshWitchPMD
12-25-2007, 07:42 PM
It's her Paradise Valley home that this is reporting the sale to on. What are the chances of her owning two properties in Pheonix with exactly the same square footage?

Indeed, a perusal of multiple listing service data shows that the 7,299-square-foot house now is on the market. http://www.bergproperties.com/blog/rocker-stevie-nicks-lists-her-five-bedroom-house-in-paradise-valley-ariz-for-38m/1465/celebrities

I agree. Stevie's PV home wasn't far from the Scottsdale border so maybe at one time it was located in Scottsdale. Stevie's Mom also lived in PV but closer to the city of Phoenix's border.
vivfox
12-25-2007, 09:35 PM
Now that I've read what you all wrote and then re-read the sale article, I do believe it could be her PV house. I just don't recall it being next to the resort that was mentioned. However, the location is next to some resort, just don't know the name of it.
vermicious knid
12-25-2007, 10:48 PM
They paid $3,000,000 in cash? Is that really possible?
vivfox
12-25-2007, 11:56 PM
They paid $3,000,000 in cash? Is that really possible?

I bet they're big fans of hers, like us, except they're really rich.
http://i220.photobucket.com/albums/dd169/cielosharon/z10.gif
desertangel
12-26-2007, 04:45 AM
The fact that the square footage matches seems a strange coincidence, however, a lot of the other details don't match. This is confusing, for sure. The pictures of her PV home, the one she bought in '81, is awesome. I've seen pics of it before, but none that were that good. Wow!! I agree about the $3m "cash" - WTF?! :laugh:
jannieC
12-26-2007, 07:55 AM
They paid $3,000,000 in cash? Is that really possible?

I used to work for a beer distributor as a sales rep and it was a family run operation that eventually became huge, of course. Anyway, the owner and I were friends and he once told me that he sold one of their homes for 2.5 million and it was paid for, in full, with a check, when they all went out to dinner one night. I can't even imagine.
gldstwmn
12-26-2007, 12:10 PM
They paid $3,000,000 in cash? Is that really possible?

Anything is possible, my dear. :laugh:
WelshWitchPMD
12-26-2007, 07:35 PM
They paid $3,000,000 in cash? Is that really possible?

I hope that they at least used large bills and not rolled coin.:laugh: That is crazy I mean who would walk around with that much cash? I wonder if using a cashier's check is considered 'cash'?
Phoenix
12-26-2007, 08:04 PM
I hope that they at least used large bills and not rolled coin.:laugh: That is crazy I mean who would walk around with that much cash? I wonder if using a cashier's check is considered 'cash'?

I HOPE that they used rolled coin!:laugh:
gldstwmn
12-26-2007, 09:15 PM
I hope that they at least used large bills and not rolled coin.:laugh: That is crazy I mean who would walk around with that much cash? I wonder if using a cashier's check is considered 'cash'?

Yes. It would be. Paying cash refers to no financing whatsoever on the property.