Thursday, April 08, 2010

MIAMI HEAT'S DWYANE WADE SELLS HOUSE FOR LESS THAN ASSESSED VALUE

Miami Heat superstar Dwyane Wade sold his Pinecrest home for $2.5 million, $354,000 less than his January 2009 tax assessment. Property Appraiser take note!

Wade paid $3,975,000 in July 2005 for the 9,000 square foot home located on a cul de sac lot of 41,041 square feet, nearly an acre. The purchase by Wade and his wife was reported on this blog at the time it occurred.

Rumor has it that Wade's split with wife Siohvaughn precipitated the sale.
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Mr. Weiss has represented taxpayers in thousands of administrative tax appeal hearings and has more than 70 published opinions to his credit, including 55 property tax opinions, is co-author of Chapter 64 of the Florida Tax Service 2d, "Agriculture and Other Classified Properties" with Matthew Bender, and a lecturer on property taxation for the National Business Institute.