The indicted former JEA CEO and his wife sold the property for $2.4 million, according to Zillow.
Amid a hot housing market in which homes sell in days and often for more than the asking price, former JEA CEO Aaron Zahn, who has been indicted on charges of conspiracy and wire fraud, sold his Duval County home for nearly $2.4 million.
The price was slightly below the asking price but more than $1.1 million over what it was purchased for about three years ago, according to Zillow.
The deed was not recorded with the Duval County Clerk of Court as of 6:30 p.m. May 2.
Zahn and his wife, Mary Branan Ennis Zahn, paid $1.182 million in January 2019 for the Jacksonville Beach house at 307 S. 15th St.
Just a few weeks before Zahn was indicted in March by a federal grand jury, he and his wife listed the house for sale for $2.95 million.
On Monday, Zahn’s attorneys filed a motion asking for permission for him to relocate.
They have to file the motion because a condition of his release on bond is that he has to remain at the address provided to the court and cannot change without prior permission.
The Daily Record contributed to this report.
News4Jax is a Jacksonville Daily Record news partner.
Be the first to know the latest breaking news and information that business leaders rely on in this fast-paced changing Northeast Florida economy. Regional business news, trends and statistics needed to grow your business. Key upcoming events you won’t want to miss and much more. Click Here to Grow your Business NOW!