Professional basketball player Monta Ellis, a Mississippi native who now plays for the Golden State Warriors, has bought the Eads home once owned by former University of Memphis Tigers and Memphis Grizzlies star Lorenzen Wright.
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The move comes just months after reports that the Grizzlies offered to trade O.J. Mayo and Hasheem Thabeet for Ellis. The deal never happened.
Ellis, who was born and raised in Jackson, Miss., and Juanika M. Amos paid $1.7 million for the custom-built, 12,475-square-foot house that sits on 6.46 acres on Mountain Brook Cove near Raleigh-LaGrange and Reid Hooker roads. The sale closed May 21.
The seller was BankTennessee, which had foreclosed the home in May 2009 when Wright and his wife, Sherra, defaulted on a $2.7 million construction loan dated May 16, 2006.
The two-story, 17-room home was completed in 2008. Its current appraised value is $2.8 million, according to the Shelby County Assessor of Property.