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Investors buy Ramseys' 15th Street home
By MATT SEBASTIAN, Camera Staff Writer
Friday, February 6, 1998
A group of investors bought the former Boulder home of John and Patsy Ramsey on Thursday and pledged to resell it at a later date, donating profits to the JonBenet Ramsey Childrens Foundation.
In a statement released Thursday morning, local attorney Michael Bynum said the house sold for $650,000 to an investor group named after the Ramsey homes address, 755 15th St., L.L.C.
The group, according to Bynums statement, is "composed of individuals assisting the Ramsey family."
Bynum, who in the mid-70s served as a Boulder County deputy district attorney, declined to elaborate on his brief press release. A friend of the Ramseys, Bynum took "Primetime Live" co-host Diane Sawyer on a tour of the house last summer.
Colorado Secretary of State records show 755 15th St. was incorporated Jan. 21 and lists Boulder resident Anne Bork as its registered agent. When asked Thursday about the purchase of the Ramsey home, Bork said, "I dont have any comment on that."
Bynums statement says the group will hold the home "for an as yet undetermined period of time" before offering it for resale. Any profits will go to the JonBenet Ramsey Childrens Foundation, a group set up by the slain 6-year-old's parents.
JonBenet Ramsey was found murdered Dec. 26, 1996, in the basement of the 15th Street home. Over the past year, the children's foundation has purchased several advertisements in the Daily Camera touting a $100,000 reward for information leading to the arrest and conviction of JonBenet's killer.
John and Patsy Ramsey, along with their 11-year-old son Burke, haven't lived in the home since JonBenet was found murdered. In July, the couple purchased a home reportedly worth $750,000 in an Atlanta suburb.
The Ramseys bought their 6,800-square-foot Boulder home in 1991 for $500,000. The four-bedroom, 61/2-bathroom Tudor-style home has been renovated since then. Prior to JonBenet's death, the family reportedly turned down a $2 million offer for their house.
According to Bynum's statement, the Ramsey family already had sold the home to a "relocation service" retained by John Ramsey's employer. Whether the employer in question is Access Graphics - the company Ramsey founded - or its former corporate owner, Lockheed Martin, is unknown.
The broker who handled Thursday's sale to the investor group, Joel Ripmaster of Colorado Landmark Realtors, said the relocation service, which he wouldn't name, hired him "late last year" to list the property.
Ripmaster said he couldn't comment on how much the relocation service paid the Ramseys for the house, or when it was originally sold.
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