Raffle winner takes grand prize: a Hagerstown home

March 14, 2008

final_haghome.jpg

Remember that four-bedroom farmhouse that was to be raffled off by its frustrated owners, after languishing on the market?

Well, a lucky winner was drawn last night: Court clerk Dennis Weaver of Hagerstown, who bought only one ticket.

The raffle raised about $200,000 for the San Mar Children’s Home, the charity that partnered with the home’s owners to coordinate the raffle, reports the Hagerstown Herald-Mail.

More than 6,200 tickets were sold at $100 apiece; the charity kept profits made on the raffle above the home’s appraised value.

In last-minute legal maneuvering to clear the raffle with the state, the home was appraised at $380,000 on Wednesday and sold to the charity on Thursday, which then raffled it away hours later.

JACKIE SAUTER, Web Editor

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Posted by Jackie Sauter | Filed Under business, maryland, real estate 

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