Tyson bought the house for just $300K in 1989, sold it for $1.3 million in 1999, next owner went to prison.
Mike Tyson’s luxury 25,000 square foot Ohio mansion is set to become a church.
Iron Mike bought the Southington Township mansion, which has an indoor pool and hot tub, in 1989 at a sheriff’s sale for $300,000. He had gates erected bearing his named and kept four tigers in cages there.
Ten years later he told it for for $1.3million to Paul Monea, an infomercial entrepreneur best known for marketing Tae-Bo exercise videos.
Monea was sentenced to 13 years in federal prison in 2007 for money laundering and the mansion was bought at sheriff’s sale again in 2010, this time for $600,000 it was then then donated to the church for a tax write-off.
The church’s up-front investment was $50,000 to clear back taxes.
The property features five bedrooms, several living spaces, seven and a half bathrooms, a full kitchen, a mini-kitchen/washroom, two attached garages, one external garage, full-size pool and Jacuzzi, tiger cages and a basketball court.
