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Evander Holyfield — When Selling Your House for $7.5 Million Actually Sucks

June 8, 2012 By NB News Leave a Comment

By TMZ Staff

Good news: Boxing legend Evander Holyfield recently sold his house for $7,500,000!!!

Bad news: It was at a public auction, he actually owes the bank twice that amount … and he also owes over $200,000 in back taxes.

According to docs filed in Georgia, Holyfield’s massive mansion — 54,000 sq. ft on 234 acres — outside Atlanta sold at public auction on March 6 … but part of the money will go directly to Uncle Sam to pay off his back tax bill.

As for the rest … according to the documents, Holyfield owed more than $14,000,000 on the house — plus more than $2500 in foreclosure expenses. It’s unclear whether the bank is going after him for the balance.

Calls to Holyfield’s rep were not returned.

Article provided by TMZ: http://www.tmz.com/2012/06/08/evander-holyfield-georgia-mansion-sold-auction/

Tune in to TMZ on TV weekdays Monday through Friday (check http://www.tmz.com/videos for syndicated/local listings at the bottom of the page)

NB News

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