Elvis Presley made the down cost for his Graceland mansion on today in historical past, March 19, 1957.
“The King” made a $1,000 down cost in money for the home, positioned outdoors Memphis, Tennessee, stories the Historical past Channel.
In 2023, that determine is equal to simply over $10,000.
Presley purchased the home for $102,500.
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On the time Presley bought the house, he had already launched two studio albums and 48 singles — and was ending up his second full-length film, “Loving You,” notes Historical past.com.
The then-22-year-old singer bought Graceland partly for privateness causes.

Elvis Presley pictured on the grounds of Graceland not lengthy after he bought the house in Tennessee. (Michael Ochs Archives)
“Elvis had already purchased one home for his mother and father on Audubon Avenue in East Memphis, however that residential neighborhood had turn out to be overrun with gawkers and worshipers as Elvis grew to become a megastar,” mentioned the Historical past Channel.
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At present, Graceland is the second-most visited home in america.
The primary on that record is the White Home, mentioned Historical past.com.

Graceland in 2017. The previous house of Elvis Presley is among the hottest vacationer locations within the U.S., second solely to the White Home. (AP Picture/Beth J. Harpaz, File)
Presley died in Graceland’s master suite on Aug. 16, 1977.
The home is “preserved exactly as Elvis left it,” says the Graceland web site.
Presley, together with members of his household, together with most not too long ago his daughter, Lisa Marie, are buried in Graceland’s meditation backyard, says the positioning.
Graceland has undergone fairly a metamorphosis because it was first in-built 1939.
The Graceland mansion sits on a 13.8-acre property.
Whereas the home could also be preserved simply as Elvis left it, Graceland itself has undergone fairly a metamorphosis because it was first in-built 1939.

Elvis Presley (1935-1977), American rock ‘n’ roll legend. The grounds of Graceland at present embody a resort resort and a chapel. (Getty Pictures)
Initially, Graceland was a part of a 500-acre farm owned by the S.E. Toof household, says the Graceland web site.
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“Graceland” is derived from the title of one of many members of the S.E. Toof household, Grace.

Elvis was laid to relaxation at his beloved Graceland. Followers are capable of go to his gravesite throughout excursions of the property. (Robert Alexander/Getty Pictures)
Graceland historical past says that “in 1939, Grace’s niece, Ruth Brown Moore and her husband, Dr. Thomas Moore, constructed the mansion, which grew to become well-known to the locals of Memphis.”
After Presley bought it, he made a number of adjustments to the home, together with constructing the well-known “jungle room” as an addition.
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The grounds of Graceland now embody a resort resort and a chapel, in keeping with the house’s web site.
As Priscilla Presley has mentioned, in keeping with Architectural Digest, “Guests flock to Graceland to really feel linked to an icon whose life nonetheless stays shrouded in thriller.”
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That publication additionally quotes her as saying, “Elvis didn’t match the mildew, he marched to his personal drum … However when individuals stroll in that entrance door [of Graceland], there’s a reverence, respect, a quietness. It’s as if his spirit is there. They arrive again time after time to expertise … him.”
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