O.J. Simpson's house sold Monday for $2.63 million to the bank that had foreclosed on it, bringing an end to the dream Simpson lived for two decades.
Only two outsiders actually bid, but the winner was the bank that had put the property on the auction block.Bidding opened at $1,875,000.
The selling price was at least a half million dollars below market value, said real estate agent Elaine Young, who sold Simpson the home.
"Somebody stole this," she said after the auction.
Patrick Dobiesz, representing lender Hawthorne Savings, opened the bidding. Four times, another bidder added $1 to the pot.
By buying the property, Hawthorne Savings can sell it privately and hope to get a much higher price. It also eliminates any excess money that would have been used to pay part of a $33.5 million civil judgment against Simpson.
"It's not frustrating. We never expected (to get any money) because of all the liens that were on the house before us," said Peter Gelblum, attorney for Fred Goldman, whose son Ronald Goldman and Nicole Brown Simpson were killed on June 12, 1994.
Although Simpson was acquitted of murder during a criminal trial, he was found liable for the killings in a wrongful death trial that ended earlier this year.
Simpson's dream house has six baths, a tennis court, waterfalls and an Olympic-size swimming pool. He bought it 20 years ago, near the end of his football career and before he entered the Hall of Fame.