This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Mitt Romney's 6 Homes

SEATTLE ( Zillow) -- After a barrage of pressure to release his tax forms, former Massachusetts Gov. Mitt Romney reported his income, confirming what most already knew: He's the wealthiest of the GOP candidates, earning $43 million over the past two years.

While much of Romney's assets comes from his tenure at Bain & Co. and investment firm Bain Capital, the presidential contender grew up in relative wealth as the son of American Motor CEO and former Michigan Gov. George W. Romney. As such, Romney is also no stranger to high-end real estate, having owned properties in Massachusetts, Utah, New Hampshire, and most recently La Jolla, Calif.

-----------------------------

Childhood home in Detroit
Mitt Romney spent the first five years of his life in this 5,500-square-foot home in the upscale Detroit Palmer Woods neighborhood before moving to Detroit's Bloomfield Hills suburb. Although Detroit real estate has been hard hit in the past few years, Palmer Woods real estate remained steady as a high-end neighborhood. Even an upscale location couldn't save Romney's childhood home from foreclosure or the wrecking ball, though. After falling into disrepair in 2009, the house was one of 3,000 Detroit homes razed in the city's renewal plan.

-----------------------------

Belmont, Mass., mansion
According to property records, Romney and his family bought the seven-bedroom, 6.5-bath home in Belmont in 1989 -- five years after Romney founded investment firm Bain Capital. The Romneys' home sold for $3.5 million in 2009. That's 293% more than the 1989 purchase price of $890,000.

Situated on 2.4 acres and within a 25-minute drive of downtown Boston, the 6,434-square-foot Colonial was an ideal home base for Romney, his wife Ann and their five sons for 20 years.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $130.28 0.00%
FB $81.53 0.00%
GOOG $565.06 0.00%
TSLA $218.42 0.00%
YHOO $44.52 0.00%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs