Sale Price:: The five-bedroom Tudor home sold for $835,000 in an off-market deal in early March 2025.
Significant Loss:: This marks a substantial loss of over $1.2 million (around 61%) compared to its $2.14 million sale price in 2017.
Deteriorated Condition:: The steep discount is largely attributed to the property falling into disrepair, reportedly becoming abandoned, accumulating trash, and serving as a refuge for feral cats.
Previous Speculation:: The home previously sold for $1.39 million in late 2016 and was quickly flipped for $2.14 million in early 2017, fueled by media attention during Trump's presidential campaign and election.
Buyer & Seller:: The recent buyer is an LLC named '1388 Group', potentially real estate flippers. The seller, 'Trump Birth House LLC', whose identity remained largely obscured, reportedly "just needed the money."
Why this matters:: This sale underscores how property value linked to fame can be volatile and heavily influenced by maintenance and condition, regardless of historical association.
The story of 85-15 Wareham Place in Queens is one of boom and bust, tied closely to Donald Trump's political trajectory. Built by Trump's father, Fred, the 2,500-square-foot house became a hot commodity during the 2016 election. Speculators drove the price up, culminating in a high-profile auction sale for $1.39 million in December 2016, handled by Paramount Realty CEO Misha Haghani, who called it his most high-profile auction.
Just three months later, in early 2017, it was flipped again via a sealed bid auction for $2.14 million. The anonymous buyer, operating under 'Trump Birth House LLC', attempted to capitalize on the connection by listing it on Airbnb for $725 per night. However, this venture was quickly shut down by New York City authorities.
Following the failed Airbnb attempt, the house sat largely abandoned. Neighbors reported overgrown grass, accumulating trash, and eventually, the presence of numerous feral cats. This neglect drastically reduced its market appeal, contrasting sharply with the median $1.5 million listing price for homes in the Jamaica Estates neighborhood.
The recent $835,000 sale to '1388 Group LLC', associated with individuals Huisha Zhen and Bei Chen, appears to be an investment purchase. The buyers secured a mortgage suited for property flippers, suggesting plans for renovation and resale. This price is far below a comparable home on the block that sold for $1.26 million in 2021, reflecting the significant impact of the property's poor condition.
Q: Where is Donald Trump's childhood home located?
The home is located at 85-15 Wareham Place in the Jamaica Estates neighborhood of Queens, New York City.
Q: How much did the house sell for most recently?
It sold for $835,000 in early March 2025.
Q: Why did the sale price drop so much compared to 2017?
The significant price drop is primarily due to the house falling into severe disrepair after being abandoned. Reports included accumulated trash and the property becoming a haven for feral cats, diminishing its value.
Celebrity or historical association can inflate property values, but this premium can evaporate quickly if the property is not maintained.
Real estate value is fundamentally tied to condition and location; neglect can lead to substantial financial losses.
LLCs are commonly used in real estate transactions to obscure buyer and seller identities, particularly in high-profile deals.
The house's value fluctuated wildly based on political events and media attention before plummeting due to neglect. Do you think the new owners will successfully renovate and flip the property for a profit?
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