Stacey Abrams Purchased Two Homes Valued At $1.4 Million After Reporting Massive Debts In 2018
Andrew Kerr
Investigative Reporter
July 01, 2021 2:44 PM ET
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Former Georgia Democratic gubernatorial candidate Stacey Abrams purchased two homes worth a combined $1.4 million following her failed 2018 bid to lead the state, public records reviewed by the Daily Caller News Foundation show.
Abrams purchased the homes despite reporting in a financial disclosure in early 2018 during her gubernatorial campaign that she owed the IRS $54,000 in back taxes on top of $174,000 in credit card and student loan debt.
Abrams purchased a 3,300 square foot home in Stone Mountain, Georgia, for $370,000 in September 2019, according to Nexis real estate records. The home is now worth $425,000, according to Redfin.
Just over a year later, in October 2020, Abrams sold an Atlanta townhome she purchased in 2004 and bought a 4,100 square foot home in the city for $975,000, Nexis records show. Her new Atlanta home is now valued at just over $1 million, according to Redfin.
Abrams’ home purchases were first reported by Fox News.
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