GOV. PALIN AND HUSBAND OWN 5 PROPERTIES -- SOME WITH A FRIEND

The surprise announcement that Sen. John McCain [R-Arizona] has selected a relative unknown for his vice presidential running mate was apparently timed to take some of the glory off of the acceptance speech Sen. Barack Obama [D-Illinois], delivered last evening, Thursday, August 29th, 2008. McCain chose perky Governor Sarah Palin of Alaska as his choice to move into Number One Observatory Circle N.W., in Washington, D.C.
The home of Governor Palin and First Gentleman Todd Palin at 1140 W. Parks Highway, in Wasilla Alaska, [map] is bounded by the Alaska Railroad and Lake Lucille. It's about 40 miles north of Anchorage in the Glacier District of Matanuska-Susitna Borough [satellite photo]. The residence, in the Snider Inheritance subdivision, is valued at $116,200 for the land, and $435,900 for the improvements, for a total of $552,100. On this, the Palins have paid their property tax of $6,562.26 in full. The Palins also own a couple of apparently undeveloped properties up on Safari Lake [map]. These are owned in partnership with Scott A. Richter, a friend of the first family. The Palins also have an undeveloped stretch up near Trapper Creek. All told, it looks like the Palins control about 37 acres of Alaskan real estate.
This concludes Milwaukeeworld's Vice Presidential candidates real estate watch for 2008.