A foreclosed mansion with deep Kent roots sold at a bargain recently at sheriff's auction.
PNC Bank was the successful bidder at the foreclosure auction for the former Porthouse estate in Sugar Bush Knolls just north of the Kent city limits.
The mansion and grounds, which sold for $1.2 million in 1995, were bought by PNC Bank as part of a foreclosure sale for $311,100, according to the Portage County Clerk of Courts online records. The property had been appraised at $425,000 for auction.
A Portage County judge signed off on the sale late last month.
PNC Bank is the same mortgage lender that filed coreclosure proceedings on the property in August 2012 against former owner Daryl J. Yane.
The house had been built in the early 1960s by Cyril and Roberta Porthouse, both deceased, who each had strong connections to the city of Kent and Kent State University.
Most notably, the Porthouses $60,000 challenge grant to the university helped open the Porthouse Theatre in 1971 on the grounds of Blossom Music Center, where Kent State theater students hone their skills publicly.
Bank officials could not be reached for comment on the fate of the property.
Robyn Porthouse, who now lives in South Carolina, said she's hopeful a family will once again be able to live in the more than 5,000 square foot dream home built by her parents.
"I can only hope that a family that can maintain it moves in," she said.