vanderbilt family net worth 2021
Registered agents are not necessarily the owners of the companies listed on the North Carolina Secretary of State website, though. Anderson Cooper Was Not Happy When, 10 Facts You Might Not Know About CNN Host Anderson Cooper, Anderson Cooper Is Co-Parenting His Newborn Son Wyatt With His Ex, Vanderbilt: The Rise and Fall of an American Dynasty, The Rainbow Comes and Goes: A Mother and Son on Life, Love, and Loss, happily still employed by the cable news giant. In today's value, that will be around 2.5 billion dollars. Cargill-MacMillan Family (Worth: $47 billion; Cargill Inc.) S.C. Johnson Family (Worth: $37 billion; S. C. Johnson & Son, Inc. ) Newhouse Family (Worth: $30 billion; Advance Publications, Inc.) Duncan Family (Worth: $22 billion; Enterprise Product Partners) In the shipping business, Cornelius Vanderbilt earned more than $1000 in the first year. Shortly before his death in 1877, Vanderbilt donated US$ 1 million (equivalent to $25 million in 2021) for the establishment of Vanderbilt University in Nashville . "There's none of that. As a well-known journalist and author, Cooper has a net worth of about $50 million in 2023, according to Celebrity Net Worth. 200 million in 1877 is gigantic in 2022! Anderson Cooper, CNN news anchor and heir to his mother Gloria Vanderbilt's fortune, is father! When he died, Cornelius had a net worth equal to $185 billion. ", Related:Anderson Cooper Is Co-Parenting His Newborn Son Wyatt With His Ex. Read more about the rise and fall of the Vanderbilt family. In his book, Cooper claims that there wasnt much of the Vanderbilt fortune left when his mother, Gloria Vanderbilt, died in 2019. I was honored to unite my buyer with this extraordinary home, and was able to offer a valuable understanding of not only the property but our region., The listing agent was Clary McCall of Beverly-Hanks, South. He also collects quite a salary $12 million annually (estimated). My mom did not feel a Vanderbilt. BroBible is the #1 place on the internet for the very best content from the worlds of sports, culture, gear, high tech, and more. William Kissam Vanderbilt, Cornelius IIs brother, built Marble House at 596 Bellevue Avenue in Newport, Rhode Island. in 2021. Nobody from the Vanderbilt family made it into the wealthiest people in the United States. Before her passing in June 2019, Vanderbilt and Cooper released a memoir together titled The Rainbow Comes and Goes: A Mother and Son On Life, Love, and Loss. Vanderbilt has been playing professional basketball for only two years. Vanderbilt University in . The 50 richest families in America, based on net worth. Growing up, Cooper said he didn't believe he would have been as motivated to succeed in his career and in life if he knew there was an inheritance waiting for him. JUST IN: Gloria Vanderbilt, member of the storied Vanderbilt family, has died at 95 years old, her son Anderson Cooper confirms. Copyright 2021-2022 - TheWealthRecord.com, Vanderbilt Family Net Worth 2023, Wiki, Members Name, Individual Earnings, Net worth and Earnings of Vanderbilt Family in 2023. "My mom's made clear to me that there's no trust fund," Cooper told Howard Stern in a radio interview first reported by Business Insider. In 1826 after the death of Gibbonss Vanderbilt wanted to buy the company, but his son did not sell it to him. Gloria Vanderbilt net worth is $200 Million Gloria Vanderbilt Wiki Biography. Contestants Didnt Recognize the Hot Priest. Gloria allegedly told her one son, CNN anchor Anderson Cooper, that there would be no trust fund. Save my name, email, and website in this browser for the next time I comment. "We've handled thousands of transactions and many high-profile sales during our long-term relationship, but it is a genuine honor to have been entrusted to market the Cecil's family home," Hanks said. Cornelius Vanderbilt was the richest American until his death in 1877. On 19th December 1813, he got married to his first cousin Sofia Johnson. ", "I don't believe in inheriting money," Cooper explained. In addition to all ofthat, he also serves as a frequent correspondent for CBS News'60 Minutes. The Lauder family is worth more than $22 billion. Are the Vanderbilt Heirs Being Forced Out of the Breakers? By 2001, he moved to CNN as a reporter, and two years later landed his flagship show, Anderson Cooper 360. Cooper has said that his. Vanderbilt reportedly passed away after undergoing an emergency appendectomy. The property hasbeen in the Vanderbilt family since the 1890s, the Sotheby's release noted. Vanderbilt Family Net Worth In 1877, Cornelius Vanderbilt was the richest man in America. Just how rich was the Vanderbilt family? At 18, he contracted with American Government during the war of the early 19th century. Save my name, email, and website in this browser for the next time I comment. After Vanderbilts wife returned to the Biltmore Estate, she later decided to consolidate the family businesses and properties., Decades passed and descendants of Vanderbilt resided in the Biltmore estate. Once considered the richest family of the Gilded Age, the Vanderbilt family now has a net worth that pales in comparison with what it was when Cornelius Commodore Vanderbilt ran the show during the 19th century. The Vanderbilt family lived on Staten Island until the mid-1800s, when the Commodore built a house on Washington Place (in what is now Greenwich Village). After that, in 1826, Thomas Gibbons died, and the supreme court was in favor of Gibbons. Her aunt ultimately won custody, and she visited her mother during summers. "I think it's an initiative sucker. Per the 2020-2021 final release data in IPEDS. Beginning his career behind the scenes in broadcast journalism, "AC" has since become the face of cable news, as well as a beloved host and panelist for other programming. Cecil, who headed the Biltmore Farms development company for decades, died in October 2020. Chartered in 1923, Biltmore Forest was once part of the Biltmore Estate and became a historic preservation district in 1990. She had told Cooper from an early age that she would pay for college, but after that he was on his own. While many Vanderbilt family members had joined the Episcopal Church,[9][10][11] Cornelius Vanderbilt remained a member of the Moravian Church to his death.[12][13]. The Biltmore Company is a family-owned business, currently run by Bill Cecil Jr. and his children along with Dini Cecil Pickering and her children. During the Gilded Age, the Vanderbilt family was the wealthiest family in America. From childhood, Cornelius was very passionate about building businesses and working hard for that. Aron Ogden who was handling Robert Fulton and Robert Livingstons business worked with Thomas, but Aron sued Thomas. Get to Know His Kids and His Co-Parent, BFF Benjamin Maisani. The 250 room mansion and 175,856sqft (16,337.6m2) of floor space remains on top of the list of largest houses in the United States to date. I remember things about my dad that I never remembered before because I'm experiencing them with Wyatt as a dad. (See below the list for the full methodology.) Just how rich was the Vanderbilt family? Vanderbilt, based in New Jersey at the time, flouted the law, steaming in and out of the harbor under a flag that read, "New Jersey Must Be Free!" Cecil was the grandson of George Vanderbilt, who developed the 250-room Biltmore Estate, which opened in 1895. In just eight years, William doubled the fortune. Buncombe County Tax Assessor Keith Miller said the adjoining 45-acre tract was included in the sale. The Vanderbilt family fortune was once equal to $185 billion. Love is what she believed in more than anything., RELATED: Warren Buffetts Berkshire Hathaway Scammed Out Of $340 Million By Couple Who Pulled Off $810 Million Ponzi Scheme. In that event, Gloria might not have needed to disinherit Cooper at all. (Again, it's significant to most of us, but in relation to where her fortune started and where his currently is, it isn't much! She wanted to feel lifes pleasures, its pains as well. In a 2014 interview on The Howard Stern Show, Cooper said: My moms made clear to me that theres no trust fund. His village name was added to Van, and it created Van der Bilt. Holidays and especially Father's Day when you don't have a dad is not even just bittersweet, it's inexplicable," he said. Vanderbilt's inheritance is even more massive when adjusted for inflation: In 2022, Vanderbilt's $5 million fortune would have been worth more than $80 million. Oct. 14 2021, Published 9:03 a.m. Cornelius II's brother, William Kissam Vanderbilt, also featured prominently in the family's affairs. I know people would imagine that's what she was interested in, [but] she had no sense of it. After Vanderbilts daughter turned 13, an unexpected incident occurred. Cornelius earned his first. For decades, Cecil headed the Biltmore Farms Company, which developed numerous hotels, apartments and the Biltmore Park residential neighborhood and Town Square. He lived in the village De Bilt in the Netherlands. Gloria became the subject of headlines in 1934 when she was just 10 years old due to a custody battle between her mother and her aunt, per History. But she always pressed on, always worked hard, always believed the best was yet to come. By the early 1970s, none of the 120 Vanderbilt descendants had even $1 million dollars to their name. This is largely attributed to the various jobs he has held on television throughout his career, as well as authoring three books. Cornelius Vanderbilt - peak net worth: $202 billion (145bn) A few years after the home was built, Vanderbilt met and married Edith Stuyvesant Dresser in 1898. In a number of documents dating back to that period, Anthony is described as tawny,[6] as his mother was of Berber origin from Cartagena in the Kingdom of Murcia. The couple later welcomed their only child, Cornelia Stuyvesant Vanderbilt. Pickering also disclosed that much of the profit goes into preserving [the estates] condition. William Amherst Vanderbilt Cecil, former owner of The Biltmore Company, was reportedly known for saying, We dont preserve Biltmore to make a profit. In Nashville, the Vanderbilt family established Vanderbilt University. www.vanderbilt.edu. He was a farmer and lived in a village named as De Bill. Well, this house contains 154 airy and magnificent rooms. Wright, according to the release, "has dominated the luxury market with record-breaking sales." Hearst Magazine Media, Inc. All Rights Reserved. At the time of Wyatt's death, Anderson was just 10 years old. A significant amount of her net worth comes from a $2.5 million trust fund she inherited from her father, Reginald Claypoole Vanderbilt in 1925. Cooper did not resign from CNN in 2021 and is happily still employed by the cable news giant. Now, the superstars like Anderson Cooper and Gloria Vanderbilt are the precedents of their family. The heiress and socialite died on June 17 from stomach cancer at the age of 95. The deal includes transfers from the Cecil family for the house and immediate land around it, and another transfer of the Biltmore Farms LLC property surrounding that, Miller said. "From the time I was growing up, if I felt like there was some pot of gold waiting for me, I don't know if I would have been so motivated.". The Biltmore Estate is owned by The Biltmore Company. Admission ticket prices start at $66 per adult and may increase depending on the season. Jeff Bezos Splurged on $500M Yacht Whats His Liquid Net Worth Now? She was the daughter of Elizabeth Hand and Nathaniel Johnson. I dont believe in inheriting money. Read on for a rundown of the Vanderbilt family history and how they became so wealthy. By August 2020, Hanks said, 14 residences hadclosed at over $2 million, and another 25 were under contract. Cooper revealed in Vanderbilt: The Rise and Fall of an American Dynasty that his mother was a big spender and that she'd also been allegedly ripped off for millions by a psychiatrist and a lawyer to whom she'd granted power of attorney. After that, he shifted his business to other places in America. Although Cooper reportedly makes $12million from his role at the news station alone, he said he doesn't believe in passing on money. After William died in 1885, family members who inherited the fortune started squandering it. His great-great-great-grandson, Cornelius Vanderbilt, began the rise of the Vanderbilt dynasty. Cooper is one of CNN's most recognized faces whose salary is believed to be $12million annually. Wrightco-listed that property with John Witherspoon of Witherspoon Platt Associates and also represented the buyer in that sale. How much does Biltmore make a year? He also built a home on Fifth Avenue and would become one of the great architectural patrons of the Gilded Age, hiring the architects for (the third, and surviving) Grand Central Terminal. ", He added, "It's a pandemicI was planning on kind of going shopping, which I hate to do. Why Does the Tragedy of the Titanic Still Grip Us? 1. Jan Aertson was the forefather of the Vanderbilt family. The COVID-19 pandemic has provided a huge boost to local real estate sales, especially on the higher end, in part from people moving to the area from larger metro areas or states with higher property costs and taxes, according to local real estate agents. In addition toAnderson Cooper 360, he also hosts Anderson Cooper Full Circle, available for streaming on CNN's digital properties and his new podcastAll There Is with Anderson Cooper, which premiered in September 2022. Cooper is reportedly the highest-paid anchor on CNN, boasting a $12 million annual salary. A post shared by Gloria Vanderbilt (@gloriavanderbilt). The Vanderbilt Family Mausoleum was designed in 1885 by architect Richard Morris Hunt and landscaped by Frederick Law Olmsted. Related:Miss Independent! The registered agent for that corporation is Louis Appignani, described on Wikipedia as "an entrepreneur and philanthropist from Miami, Florida. I hope I can be as good a dad as he was.". [7][8] Cornelius Vanderbilt left school at age 11 and went on to build a shipping and railroad empire that, during the 19th century, would make him one of the wealthiest men in the world. Cornelius Vanderbilt Net Worth. People may receive compensation for some links to products and services on this website. "My son is entirely wearing hand-me-downs from Andy Cohen's son," Cooper revealed on The Late Show With Stephen Colbert. He had made most of his fortune with his career as a business tycoon. ", The journalist continued, "From the time I was growing up, if I felt that there was some pot of gold waiting for me, I don't know that I would've been so motivated.". Your statement regarding Vanderbilt Seniors net worth ($200M) doesnt come close to gigantic. Gloria allegedly told her one son, CNN anchor Anderson Cooper, that there would be no trust fund. While the house itself was said to be worth $37 million, the restaurants and other venues the estate hosts increase the estates value significantly. Cooper says she died at home surrounded by family and friends. Take time and be certain you place your trust in those whose interests and goals mirror your own.". 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You havent stated where or how you came up with that estimate. Market Realist is a registered trademark. Hilton Family Net Worth (And How They Made Their Money!) It's unclear if he has plans to donate any of the inheritance to charity, given his previous statements. His work impressed viewers and higher-ups, and he soon became a correspondent for the network. Gloria Laura Vanderbilt was born on 20 February 1924, in Manhattan, New York City USA, and is an author, artist, actress, socialite, as well as a fashion designer, but perhaps best known as a part of the Vanderbilt family, which was one of the most prominent families in the United States during the Gilded Age, which . Cooper started out in 2001 on CNN after the September 11 attacks in New York. Cooper has an estimated net worth of $50 million, according to Celebrity Net Worthbut according to other outlets, such as USA Today, it's actually more like $200 million. He was in Washington D.C. at the time. Who has inherited a lot of money that has gone on to do things in their own life? People may receive compensation for some links to products and services on this website. In love with men, or with friends, or books and art, in love with her children, and her grandchildren, and then her great-grandchildren. He is also paid handsomely for it, pocketing a cool $12 million annually for his work at the network. At age 16, he borrowed money from his mother to buy a small boat. The Vanderbilt family is truly a tremendous spectacle with roots dating back as far as 400 years ago. Indeed, his $1.5 million sum is but a small portion of his overall net worth, and he told Howard Sternin a 2014 interview that he wasn't expecting much of a windfall from his mom. During the 19th century, he left the school and started building his shipping and railroad empire. The couple had 13 children together, 11 of which survived to adulthood. True, the CNN personality was born into money thanks to his wealthy socialite parents (mom was fashion icon Gloria Vanderbilt; dad was writer and actor Wyatt Cooper), but his fortune grew significantly once he was out on his own making his mark on the media world. The Vanderbilt family is truly a tremendous spectacle with roots dating back as far as 400 years ago. He had a net worth of $1.1 billion (800m) in April 2020, according to Forbes, making him the richest individual Rothschild. As of April 2023, Cornelius Vanderbilt had an estimated net worth of $185 billion. Additionally, Cooper was the heir to his mother Gloria Vanderbilts fortune and received all of her property when she passed. Post. Cornelius Vanderbilt and his descendants (by year of birth), Other Vanderbilt descendants, but not of Cornelius Vanderbilt, Spouses of descendants of Cornelius Vanderbilt (by year of birth), Learn how and when to remove this template message, Elm Court (Lenox and Stockbridge, Massachusetts), Vanderbilt Mansion National Historic Site, list of largest houses in the United States, Christopher Denys Stormont Finch-Hatton, 16th Earl of Winchilsea, Daniel Finch-Hatton, 17th Earl of Winchilsea, John Spencer-Churchill, 10th Duke of Marlborough, John Spencer-Churchill, 11th Duke of Marlborough, Charles James Spencer-Churchill, 12th Duke of Marlborough, George John Godolphin Spencer-Churchill, Marquess of Blandford, Kenneth Peter Lyle Mackay, 4th Earl of Inchcape, Charles Spencer-Churchill, 9th Duke of Marlborough, Christopher Finch-Hatton, 15th Earl of Winchilsea, Laura Spencer-Churchill, Duchess of Marlborough, Kenneth James William Mackay, 3rd Earl of Inchcape, Rosita Spencer-Churchill, Duchess of Marlborough, Edla Spencer-Churchill, Duchess of Marlborough, James Spencer-Churchill, 12th Duke of Marlborough, Dunkirk, Allegheny Valley & Pittsburgh Railroad, International Auxiliary Language Association, Vanderbilt Gallery (American Fine Arts Society), Vanderbilt Clinic (Presbyterian Hospital), Cathedral of All Souls (Asheville, North Carolina), "Nederland's Patriciaat: Lijst van geslachten opgenomen in de jaargangen 1 (1910) t/m 91 (2012)", "Jan Jansen van Haarlem and Anthony Jansen van Salee", "The Episcopalians: An American Elite With Roots Going Back To Jamestown", "The 1891 Margaret Louisa Home - No. Some of Corneliuss descendants worked on their family business, but some became prominent in other ways. TheCecils built the home and resided there for over 35 years. Aaron Ogden, who was operating Robert Fulton and Robert Livingstons business worked with Thomas; he sued Gibbons. As a child, Commodore could barely read and write. She felt an imposter from the time she really learned about the family, which was when she was removed by the courts and sent to her Aunt Gertrude, Cooper told The Washington Post. Like his mother, Cooper was also fortunate enough to pave a way to become a distinguished member of society and make a substantial amount of money, without having to rely on the Vanderbilt family name and what little was left of their fortune. Here is Forbes ' definitive ranking of the 50 richest families in America. Gloria was the last direct descendant of Commodore Vanderbilt, who built up the family fortune through his shipping, railroad, and real estate empire. Ghislaine Maxwell's Family Lost It All Before She Met Jeffrey Epstein, Elizabeth Holmes' Net Worth Has Plummeted Since Theranos Crumbled. However, it is unclear what the . When Commodore died, he left most of his fortune to his oldest son, William Henry Vanderbilt. Email us atexclusive@the-sun.comor call212 416 4552. But the inheritance is somewhat unexpected. Lets have a close look at the net worth of the Vanderbilt family in 2020. in April of 2021 - is worth a pretty penny, but claims he only received $1-2million out of his mothers estate upon her passing. Here is a look at her family's famous fortune, and how they largely squandered it. Anderson Cooper and his mother, Gloria Vanderbilt. After William Henry, Cornelius Vanderbilt II was the head of the Vanderbilt family. After a few years, they moved to Greenwich Village. That wealth is largely derived from his career in journalism, which dates back to 1992.. Their Net Worth, How Rich Is The Ghislaine Maxwell Family? At the time of her death, Vanderbilt's net worth was estimated at $10 millionthanks more to her clothing design empire than to her inherited millions. His net worth is estimated to be $50million, according to Celebrity Net Worth. In today's dollars, this fortune would be worth around $2.1 billion. According to the New York Post, Cooper just inherited the majority her estate, a sum which totals less than $1.5 million. The Vanderbilt heirs squandered their fortune. He also helped his father in his boat. Details On The, 100 Facts About The Ace Family: How Much Money Does The, 140 Untold Facts About The Kabs Family: How Much Money Do, The Musk Family's Net Worth 2023: Who Is The Richest Musk, Why Is The Musk Family Rich? This family is basically of Dutch origin. Shortly before his death in 1877, Vanderbilt donated US$1 million (equivalent to $25million in 2021) for the establishment of Vanderbilt University in Nashville. The custody battle gained national media attention. They had six children, including Jack Cecil, the current president and CEO of Biltmore Farms. Neal Hanks,president of Beverly-Hanks, said in a press release that his firm has worked withthe George Cecil family and Biltmore Farms for more than 40 years. All Rights Reserved. Although The Biltmore Companys annual revenue isnt made available to the public as it operates as a private company, Cecil Picking admitted in 2017 that the estate generated $207 million the year prior. Priced out of Buncombe: 'Half a million dollars for a run-down shack in the back is ridiculous'. On July 22, 1988, Carter committed suicide by jumping from the terrace of Vanderbilts 14th story apartment. It was her great-great-grandfather, Cornelius Vanderbilt, a prosperous railroad magnate and owner of the New York Central Railroad. The estate sits atop 8,000 acres of land and is currently owned by The Biltmore Company. The sale was the second record-breaker for Wright and Premier Sotheby's in a week, according to the release. The other articles I read stated the net worth to have been not in the millions but the billions. With hotels, restaurants, outbuildings and private residences, the total value of public areas of Biltmore Estate is nearly $300 million. Cooper has also hosted specials for CNN (hisCNN New Year's Eve with pal Andy Cohen produced many memes in 2021) and co-starred in an HBO special documentary with his mother,Nothing Left Unsaid: Gloria Vanderbilt and Anderson Cooper. William Henry appointed his first son, Cornelius Vanderbilt II, as the next "Head of House". In August 2020, Hanks said in all of 2019 the nine-county region they cover had22 residential sales of over $2 million. The TV journalist announced the birth of his son, Wyatt Morgan Cooper, in late April 2020. RELATED: Michael Jacksons Hyperbaric Oxygen Chamber Found 10 Years After His Death, If Cooper does accept the huge inheritance, it will be much different from what he told Howard Stern in 2014. Cornelius and Sofia had thirteen children. Miss Independent! The estate has been in the Vanderbilt family since construction in the 1890's and remains family-owned. Once considered therichest familyof the Gilded Age, theVanderbilt familynow has a net worth that pales in comparison with what it was when Cornelius Commodore Vanderbilt ran the show during the 19th century. Presently, As of May 2023, the descendant of Vanderbilt family Gloria Vanderbilt, a fashion designer, has a net worth of $200 million. At the time of his death, in 1877, Cornelius Vanderbilt was the wealthiest man in America. In 1877, Cornelius Vanderbilt was the richest man in America. Net Worth & Salary of Cornelius Vanderbilt in 2023. Her son, CNN anchor Anderson Cooper confirmed the news, sharing that she died at home surrounded by loved ones following a short battle with stomach cancer. I mean, it was conspicuous consumption on a whole other level. He dropped out of school when he was just 11 years old. While the family built many memories living on the estate, things took a turn for the worst in 1914. Thats the true him. Get to Know His Kids and His Co-Parent, BFF Benjamin Maisani, Watch! She has worked in schools all over the world, and has developed groundbreaking curricula that have helped countless students excel. In 2021, its assessed value was $2.3 million, up from. CNNs Anderson Cooper comes from a lineage of privilege and fortune, be he won't be leaving that fortune to his son. Later, he emigrated to the Dutch colony of New Netherland as a laborer for the Van Kouwenhoven family. Cornelius Vanderbilt had made around $1000 in the first year of his shipping business. He hosts Anderson Cooper 360 while serving as a correspondent for 60 Minutes on CBS. Moreover, Jarred has earned $2.5 million in wages until now. One report states that Christopher cut himself off from the rest of his family in 1978 and is said to have become a recluse, reportedly as the result of an incident regarding Vanderbilts therapist Christ Zois which affected Christophers relationship with his fiance April Sandmeyer., RELATED: Reese Witherspoons Daughter Ava Phillippe Gets Amazon Endorsement Deal After They Drop Lori Loughlins Daughter Olivia Jade, Gloria had one other child, Carter Vanderbilt Cooper, who was Andersons brother and son of Wyatt Emory Cooper. Currently, Gloria Vanderbilt is a descendant of the Vanderbilt family. Getty Image / Jenny Anderson / Contributor. He died in January 1978 while undergoing heart surgery, according to The New York Times. In 2021, its assessed value was $2.3 million, up from $2.19 million in 2017. : In 1855, Commodore Cornelius Vanderbilt donated 45 acres (18ha) of property to the Moravian Church and Cemetery at New Dorp on Staten Island, New York. The family also built Berkshire cottages in the western region of Massachusetts; examples include Elm Court (Lenox and Stockbridge, Massachusetts). Read on for a rundown of the Vanderbilt family history and how they became so wealthy. In addition, Vanderbilt was a writer, actress and an artist. https://t.co/BxravSnzLs pic.twitter.com/c3BCvVzjHB. During this time, Cornelius Vanderbilt started a business with Thomas Gibbons. The Vanderbilts had three sons, although one boy, George, died in 1864. She was the strongest person Ive ever met, but she wasnt tough, Cooper said. (adsbygoogle = window.adsbygoogle || []).push({}); You have entered an incorrect email address. The entire 49.29 acres, including the house, has an assessed value of $4.9 million, Miller said.