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Elvis purchased the house on March 12, 1956, for $29,500 from the Welsh Plywood Corporation [6] [7] and placed a down-payment of $500 on the house. [2] He was only 21 years old. [2] The new home was not far from his previous residence at 1414 Getwell Road, in what is now a coin operated laundromat. [6]
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