Microsoft founder Bill Gates and his ex-wife Melinda sold their 5-bedroom Hyde Park home on Monday for $1.5 million — $50,000 less than their asking price.

The Gates family The years they will own the home from 2018 to 2022 coincide with the time spent on campus by the couple’s son, Rory Gates, who graduated from the University of Chicago in June with a bachelor’s degree. Kirkland, Wash., an entity tied to the Gates family. based Union Street Trust paid $1.25 million in spring 2018 to buy the home, just a few blocks from the university’s athletic center.

Bill and Melinda Gates divorced in late 2021, and there is no evidence that the property changed hands after the couple bought it in 2018.

In the year Built in 1902, the three-story home features 4-1/2 bathrooms, hardwoods, custom window treatments and a dining room with professional appliances, white shaker cabinetry with glass runners, subway tile backsplash, an island with bar seating and a large breakfast area outside. With doors leading to deck. Other features include snow melting on the front steps, second floor master bedroom suite with private balcony and finished pocket home with large family room.

Listing agent Jason O’Beirne declined to comment on the identity of the sellers, but told Elite Street that his clients received multiple offers for the home and “they did well.”

The couple first listed the house in 2010. August 3 – Two months after Rory Gates’ June graduation.

The home had a property tax bill of 20,369 for the 2020 tax year.

Public records do not yet identify the buyers.

Goldsborough is a freelance reporter.

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