• Katy Perry lost more than a million dollars on this home
  • Reese Witherspoon lost nearly $1 million when she sold this ranch
  • Jordan failed to sell this home and is still waiting for a buyer
  • MacDowell lost $25,000 when she sold this place after only owning it for 9 months
  • Duff lost $30,00 on this bachelorette pad
  • Ryan Phillipe lost $1.755 million when he sold this house
  • It took Christina 2 years to sell this home, and she got $2 million less than she wanted
  • Walsh lost $75,00 when she sold this Los Feliz mansion
  • Olivia Wilde lost $100,00 when she sold this hillside home

    9 Celebrities Who Lost Some Serious Cash Money On Real Estate

    Posted by Cristin  |  January 13, 2014  |  7:03 am  |  Tags: , , , , , , , , , , , , ,

    Celebrity Real Estate Losers

    The housing market is tricky. It’s up, it’s down, it’s up again…and then it’s back down. We’re seeing a nice recovery in the overall market right now, but that doesn’t mean everyone is making money on their homes – even celebrities.

    Let’s take a look at 9 big-name celebrities that lost some serious cash money when they sold their luxury real estate in the last year.

     

     Katy Perry 

     

    Katy Perry lost more than a million dollars on this home

    Katy Perry lost more than a million dollars on this home

    This “California Gurl”  bought this Spanish-style home in Hollywood in 2011 for $6.5 million. She intended to use the spread as her marital home with then-husband. Russell Brand. Before the moving trucks could even get in the front gate, the duo had split. Perry then had to face a financial heartbreak when she had to sell the home for $5.65. After fees and closing costs, she lost more than a million dollars on the home.

    See more images of Katy Perry’s house
     

     Reese Witherspoon

     

    Reese Witherspoon lost nearly $1 million when she sold this ranch

    Reese Witherspoon lost nearly $1 million when she sold this ranch

    Reese just sold this ranch in Ojai, California for $4,983,500. She bought it in 2008, married her husband Jim Toth there in 2011, and then put the place up for sale in 2013. Reese originally had the place listed it for $10 million, and price chopped it multiple times, until it sold for almost a million less than the $5.8 million she paid for it.

    See more images of Reese Witherspoon’s house
     
     
     

    Michael Jordan

     

    Jordan failed to sell this home and is still waiting for a buyer

    Jordan failed to sell this home and is still waiting for a buyer

    The NBA legend has been trying to sell his Chicago-area mansion for years. It originally had a $29 million dollar price tag until he cut $8 million off the price – bringing it to $21 million. After failing to sell it at the reduced price, Jordan put the home up for auction – where it AGAIN failed to sell. It’s now back on the market and still looking for a buyer.

    See more images of Michael Jordan’s house

     

    Andie MacDowell

     

    MacDowell lost $25,000 when she sold this place after only owning it for 9 months

    MacDowell lost $25,000 when she sold this place after only owning it for 9 months

    The ageless actress and spokeswomen lost $25,000 (plus agents fees and other costs) when she sold her Marina Del Rey home after only 9 months of ownership.

    See more images of Andie MacDowell’s house

     

     

    Haylie Duff

     

    Duff lost $30,00 on this bachelorette pad

    Duff lost $30,00 on this bachelorette pad

    The actress and sister of Hilary Duff lost $30,000 when she sold her Toluca Lake bachelorette pad for $1.72 million in February 2013. She paid $1.75 when she bought it back in 2008.

    See more images of Haylie Duff’s house

     

    Ryan Phillipe

     

    Ryan Phillipe lost $1.755 million when he sold this house

    Ryan Phillipe lost $1.755 million when he sold this house

    Phillipe joins his ex-wife, Reese Witherspoon on this illustrious list. The actor lost an eye-popping $1,175,000 on the sale of his Hollywood Hills home. The silver screen hunk paid $7,175,000 for the place in 2008, and sold it for an even $6 million in March 2013.

    See more images of Ryan Phillipe’s house
     
     
     

     Christina Aguilera

     

    It took Christina 2 years to sell this home, and she got $2 million less than she wanted

    It took Christina 2 years to sell this home, and she got $2 million less than she wanted

    After two years on the market, Christina Aguilera FINALLY sold the home she bought from the Osbournes. She paid $11.5 million to buy the Beverly Hills mansion from Ozzy and Sharon, and that’s exactly what she sold it for – $11.5M, although she’d been hoping for $13.5M. After remodeling, closing and carrying costs, ‘The Voice’ judge likely lost a nice chunk of change.

    See more images of Christina Aguilera’s house

     

    Kate Walsh

     

    Walsh lost $75,00 when she sold this Los Feliz mansion

    Walsh lost $75,000 when she sold this Los Feliz mansion

    ‘Private Practice’ actress Kate Walsh waited a long time to sell her glamourous Los Feliz home, and lost $75k along the way.

    See more images of Kate Walsh’s house

     

    Olivia Wilde

     

    Olivia Wilde lost $100,00 when she sold this hillside home

    Olivia Wilde lost $100,00 when she sold this hillside home

    Actress Olivia Wilde was eager to sell her bachelorette pad in Los Feliz after her engagement to actor Jason Sudekis. She took a $100,000 hit on the place when she sold it in June 2013.

    See more images of Olivia Wilde’s house

     

     

     

      Kate Walsh Finally Sells Glamorous Los Feliz Mansion, Loses $75k

      Posted by Cristin  |  June 24, 2013  |  9:25 am  |  Tags: , , , , , , , ,

      Wikipedia

      Kate Walsh

      Los Feliz, CA

      Most Known For

      Fiery redhead and star of the Grey's Anatomy spin-off 'Private Practice'

      Home Stats

      5,940 square feet, 4 bedrooms, 6 bathrooms, guesthouse

      Price

      $4,675,000

      Kate Walsh, the gorgeous, fiery redheaded actress best known for playing Dr. Addison Montgomery on Grey’s Anatomy and the spinoff Private Practice, has finally sold her glamorous and very “Private” Los Feliz mansion for $4,675,000. She originally tried to sell the home for $3,995,000 in October 2011, but never found a buyer to take the home off her hands for almost a million less than the $4,750,000 she paid for it in June 2007. Without a buyer in sight, she took the home off the market and then relisted it in May 2013 for $4,750,000 – exactly what she paid for the estate. A buyer came knocking shortly thereafter, and Walsh finally sold the estate for $4,675,000.  While she didn’t take a massive loss on the stunning Spanish-style Los Feliz property, she did lose at least $75,000. Property records show the deal closed on June, 20, 2013.

      The unknown buyer just purchased themselves a residence that features a large kitchen and family room that opens through French doors to beautiful garden with a spa, swimming pool and outdoor entertaining spaces. The main house is almost 6,000 square feet and has 4 bedrooms upstairs, each with en suite baths. In true Hollywood fashion, one bedroom is now a to-die-for walk-in closet. The gracious master suite has a fireplace, as does the den and the grand scale living room. The estate offers complete privacy and a circular drive way. A large 3-room guesthouse consists of 2 offices, a Pilates studio/gym and an updated bath.

       

      Barry Sloane of Sotheby’s International Realty represented Walsh in the sale and Jon Grauman of Partners Trust Beverly Hills was the buyer’s agent.

       

        Kate Walsh Relists Glamorous Los Angeles Mansion for $4.75 Million!

        Posted by Cristin  |  May 13, 2013  |  2:48 pm  |  Tags: , , , , ,

        Wikipedia

        Kate Walsh

        Los Feliz, CA

        Most Known For

        Fiery redhead and star of the Grey's Anatomy spin-off 'Private Practice'

        Home Stats

        5,940 square feet, 4 bedrooms, 6 bathrooms, guesthouse

        Price

        $4,750,000

        Kate Walsh, the gorgeous, fiery redheaded actress best known for playing Dr. Addison Montgomery on Grey’s Anatomy and the spinoff Private Practice, has relisted her glamorous and very “Private” Los Feliz mansion for $4,750,000. She originally tried to sell the home for $3,995,000 in October 2011, but never found a buyer to take the home off her hands for almost a million less than the $4,750,000 she paid for it in June 2007. Lucky her, since she now has it back on market for exactly what she paid for the estate, which means she’s much less likely to take a massive loss on the stunning Spanish-style Los Feliz property.

        Walsh’s residence features a large kitchen and family room that opens through French doors to beautiful garden with a spa, swimming pool and outdoor entertaining spaces. The main house is almost 6,000 square feet and has 4 bedrooms upstairs, each with en suite baths. In true Hollywood fashion, one bedroom is now a to-die-for walk-in closet. The gracious master suite has a fireplace, as does the den and the grand scale living room. The estate offers complete privacy and a circular drive way. A large 3-room guesthouse consists of 2 offices, a Pilates studio/gym and an updated bath.

         

          Kate Walsh Selling Glamorous Los Angeles Abode

          Posted by Cristin  |  October 4, 2011  |  2:40 pm  |  Tags: , , , , , ,

          Kate Walsh

          Los Feliz, CA

          Most Known For

          Fiery redhead with a moderately successful Grey's Anatomy spin-off

          Home Stats

          5,940 square feet, 4 bedrooms, 6 bathrooms, guesthouse

          Price

          $3,995,000

          Kate Walsh is hopping on the celebrity real estate merry-go-round, listing her Los Feliz-area home for $3,995,000. The ride for Walsh has been an expensive one, and she’s likely to lose just under a million dollars – if she can get close to asking price for her 1928 Spanish mansion. Walsh paid $4,750,000 for the 5,940 square foot house in June of 2007, right before she embarked on her 15-month marriage to entertainment industry exec Alex Young.

          While Walsh’s marriage didn’t last, hopefully she’ll have better luck in the real estate game. The listing on her for-sale home says it’s  “the perfect marriage of classic old world charm and stunning modern updates.”  The residence features a large kitchen and family room that opens through French doors to beautiful garden with a spa, swimming pool and outdoor entertaining spaces. The main house is almost 6,000 square feet and has 4 bedrooms upstairs, each with en suite baths. In true Hollywood fashion, one bedroom is now a to-die-for walk-in closet. The gracious master suite has a fireplace, as does the den and the grand scale living room. The estate offers complete privacy and a circular drive way. A large 3-room guesthouse consists of 2 offices, a Pilates studio/gym and an updated bath.