Former Gov. Bill Richardson (Photo by Heath Haussamen)
Former Gov. Bill Richardson and his wife have purchased a home in the Cape Cod area in Massachusetts for $1.67 million.
From the Cape Cod Times:
“Former New Mexico Gov. William ‘Bill’ Richardson and his wife, Barbara Flavin Richardson, paid $1.67 million for a house on Fox Pond and Strong Island Road, according to the deed recorded on Sept. 15.
“The couple secured a $675,000 mortgage from the Cape Cod Five Cents Savings Bank and purchased the 2,278-square-foot house from Gerald and Stephanie Coughlan of Wellesley. The Coughlans paid $1.6 million for the property on Nickerson Neck in 2004.
“Most of the property’s value — $1.5 million — is in the 36,200-square-foot pond-front lot, according to Chatham assessing records. The assessed value of the three-bedroom house with 4.5 bathrooms was $297,900.
“‘Gov. and Mrs. Richardson will use this home as a vacation home,’ Richardson spokesman Caitlin Wakefield emailed Friday. ‘Their primary residence will continue to be Santa Fe, N.M. Mrs. Richardson has longstanding ties in the Cape Cod area.”
Barbara Richardson grew up in Massachusetts, and met Bill Richardson when he attended high school there after moving from Mexico.
Read the full article here.