Apple Inc. needed land for data center. Bought single family home for 1.7 million

[Liberal_in_LA]

this couple is lucky the city didn't eminent domain them and GIVE the land to Apple. That's how it goes these days


Apple data center means $1.7 million for house
Adam Satariano, Bloomberg News
October 6, 2010

Apple Inc. needed land owned by Donnie and Kathy Fulbright for a $1 billion data center in rural North Carolina. The couple showed no interest in moving out of their home of 34 years in the town of Maiden.

The Fulbrights say they spurned one offer, then a second. Finally, they agreed to sell for $1.7 million, county records show, opting to leave the single-story house on less than 1 acre of land they purchased for $6,000.

"They told us to put a price on it and we did," Kathy Fulbright, 62, said in the home she and her husband built with the proceeds. The 49-acre property boasts a 4,200-square-foot house with a Jacuzzi in the master bathroom, as well as a man-made pond stocked with bass and catfish.


Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/10/06/BUFM1FOD1P.DTL&tsp=1#ixzz11brdHjqv