O.J. Simpson’s $500K home heads to auction block

While O.J. Simpson sits in jail, his lavish Florida home is set to hit the auction block Wednesday with a current appraised value of nearly $500,000.

Simpson, 66, currently serving a 33-year sentence in Nevada for armed robbery and kidnapping, had lived in the Florida home for a decade but stopped making payments in 2010.

Fees, interest and court costs had driven his total bill to the bank to more than $890,000, a judge ruled in August, according to the Daily Mail. He also owed four years in back taxes.

Simpson blamed his foreclosure issues on his oldest daughter, to whom he said he entrusted his mortgage and monthly NFL pension of $25,000 while he is imprisoned, the Mail reported.

The former football great purchased the 4,334-square-foot house in 2000 for $575,000, but lost much of his money — and ability to pay on the house — after being ruled financially liable for the 1994 deaths of ex-wife Nicole Brown and family friend Ron Goldman. He was acquitted of murder in the two deaths but ultimately ordered to pay $33.5 million in a wrongful death suit brought by Mr. Goldman’s family.

The money from Simpson’s auctioned home will in part go toward paying that settlement amount.

 

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