Bristol Palin, 20-year-old daughter of Sarah Palin, has bought a home in Maricopa, an outlying Valley suburb in Pinal County.

Aside from the celebrity buyer, the political family and Dancing With the Stars, the purchase of the five-bedroom house represents a typical real-estate saga in Arizona.

Public records show the home was built in 2006 and bought for $329,560. It went into foreclosure in January of this year.

The home was then purchased in May for $137,200 by Michael and Cynthia Smith, a couple from North Dakota, as an investment.

They fixed it up and put it back on the market.

Bristol Palin bought it this month for $172,000 in cash.

Sarah Palin has been a frequent visitor to Arizona since she ran for vice president on a ticket with Sen. John McCain in 2008.

The Arizona Republic could not reach Bristol Palin to ask whether she plans to become a young snowbird or a full-time Arizonan.

"I'm not sure why she wanted to buy that home, but we are real happy for her," said Michael Smith, 55.

"She seems like a nice girl. We're excited for her."