Proctor Mansion sells at morning auctionAugust 06,2013
By Brent Curtis
The grand Proctor Mansion sold at auction this morning to a Virginia couple that entered a high bid of $437,500.
With a $40,000 additional expense for furnishings in the estate and a 10 percent fee for the company that conducted the auction, new owners Puneet and Christine Rikhy paid $525,525 for the historic home.
Bidding started at $200,000 with only three of the roughly half-dozen people who registered for the auction making bids on the property. Auctioneer Keith Davis said the closing date for the sale is Sept. 3.MORE IN This Just InThe cameras appearing atop some city intersections are a new trigger system for the traffic signals. Full Story
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