Rick Siskey home sells for less than $5.5M asking price

CHARLOTTE, NC (Rick Rothacker/The Charlotte Observer) -&#thirteen;

The house of the late Rick Siskey has bought for $four.5 million, $1 million lower than the asking worth, in response to paperwork filed with the Mecklenburg County Register of Deeds.

Siskey’s widow, Diane, bought the property Aug. 9 to a restricted legal responsibility firm referred to as 3545 Sharon Street LLC, named after the house’s handle. The corporate was registered July 24 by Ruth Dromgoole, in line with N.C. Secretary of State data. She couldn’t be instantly reached for remark Monday.

The house went up on the market in April, 5 months after Rick Siskey, fifty eight, took his personal life in December. Days earlier than his demise, courtroom filings gave the primary public indication that he was beneath investigation for fraud, and an FBI affidavit unsealed in January alleged he was working a Ponzi scheme for years.

The Siskeys paid almost $three million in 1999 for the 6,000-sq. foot mansion in SouthPark. The house, recognized for its huge entrance garden, has six bedrooms, 5 full loos and 4 half baths, plus a pool home and a “man cave” the place Rick Siskey stored his since-auctioned automotive assortment.

The home has been underneath contract with an unidentified purchaser since July, and final week a federal decide launched a declare on the property because the sale moved towards a closing.

4 Siskey corporations have been pushed into federal chapter courtroom in Charlotte, and filings present that greater than one hundred buyers have submitted claims exceeding $forty nine million. A courtroom-appointed chapter trustee, Joe Grier, continues to be analyzing the claims and brushing by way of Siskey’s belongings. Ultimate claims are due Aug. 23.

An lawyer for Diane Siskey has stated she plans to make use of the proceeds “as further funds to assist repay buyers.”

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