FBI informant James R. Rosendall Jr. owes more than $1 million on this home in Grand Rapids.
FBI informant James R. Rosendall Jr. traded the Big House for a REALLY BIG HOUSE and then checked into the poor house after serving an 11-month federal prison sentence for his role in a Detroit sludge-hauling scandal.
Now the former Synagro Technologies Inc. executive, who is expected to testify soon in the City Hall corruption trial, is locked in a tug-of-war with his bank over the $1 million House that Sludge Built in Grand Rapids.
James R. Rosendall Jr.
The fight over the 7,000-square-foot estate is the latest in a string of legal woes for Rosendall, 48, who filed bankruptcy (read all about it here) in June 2011 — one month after leaving federal prison.
The ranch is ritzy. Read the realtor babble (and thumb through the photo gallery below):
This spacious and loaded ranch has a separate yet attached 1,616 sq ft guest house w/2 bedrooms and 2 baths, laundry room, kitchen, dining and living room. There’s also a finished 2,100 sq ft motor coach garage with infrared heat and plenty of other storage! The apartment, motor coach garage, office/game area, bath can all be easily accessed via an elevator to all 3 floors.
- Carriage House entrance at James R. Rosendall Jr.’s house in Grand Rapids.
- The 7,000-square-foot home has six bedrooms, six baths and an elevator.
- The ranch was appaised at $1.4 million in 2008.
- Today, the home is worth $600,000.
- The main house has more than 3,700-square-feet of living space.
- The home, on 1.5 acres, also includes a 1,616-square-foot, two-bedroom guest house.
- Rosendall’s bank is fighting with him over the house in federal court.
- Rosendall is supposed to pay $5,719 a month for the mortgage..
- According to court records, Rosendall hasnt paid the mortgage in 17 months.
- The mortgage was listed among Rosendall’s debts. He owes creditors, including the Justice Department, $7.6 million.
- Rosendall has assets, too. He listed $59,000 worth of personal property, including a cat worth $1.
Rosendall is expected to help prosecutors unveil some of the most powerful evidence in the City Hall corruption trial, including wiretaps and surveillance video of Bernard Kilpatrick, the mayor’s father.
Prosecutors are armed with a surveillance photo of Rosendall carrying a box while walking with Bernard Kilpatrick. The box contained a bribe for the ex-mayor’s dad — a case of Cristal champagne, according to the feds.
Kwame Kilpatrick and his dad allegedly took $100,000 worth of private jet flights and tens of thousands of dollars from Rosendall in exchange for supporting a $1.2 billion sludge deal with Synagro, according to prosecutors.
