Roberta Williams won’t be required to pay the taxman $150,000 after the forced sale of her Essendon home.
The Sunday Herald Sun has learned the townhouse — seized and sold from the estate of George Williams — fetched $808,800.
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Roberta Williams’ seized Essendon home on the auction block
The estate had owed the tax office about $960,000, but it’s likely to write off the shortfall.
An Australian Taxation Office spokesman said they couldn’t comment on an individual case, but once an estate’s assets had been sold, that was it.
“To the extent that the estate has insufficient assets to repay the tax debt owed, then the remainder of the debt is not pursued,” he said.
“In most circumstances, neither the deceased person’s family, nor the trustee or executor, is required to pay the rest of the debt.”
The Primrose St property had been the centre of a lengthy legal battle between Roberta — who was executor of George’s estate — and the ATO.
The courtroom stoushes ended a day before a planned auction on December 15, when Supreme Court justice Steven Moore rejected a last-minute appeal to have the sale stalled because George had been represented by the criminal lawyer turned police informant known as Lawyer X.
The townhouse’s sale price was originally withheld, but was revealed when it settled earlier this year.
The figure is well beyond the $750,000 reserve.
Nelson Alexander’s David Vaughan handled the deal but could not comment on its specifics.
He said the area’s property market had seen renewed interest from homebuyers this year.
A shortage of properties for sale across the area, particularly family homes, had helped keep property prices stable despite falling prices elsewhere in the city, he said.
The latest CoreLogic figures show the municipality’s median house price gained 5 per cent to reach $1.05 million at the end of October.
The median unit price, including townhouses, was flat at $489,500.
Roberta and daughter Dhakota Williams previously told a court they had been couch surfing with family and friends since their house was seized.