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Kurt Warner Home Auction Shocks Football Fans

Posted: February 13th, 2013 in Celeb Homes, Kurt Warner by LALATE

Kurt Warner Home Auction Shocks Football Fans


ST LOUIS (LALATE) – A Kurt Warner home auction might shock football fans. But local realtors tell news that it’s quick common for a celebrity home to hit the auction block. The Kurt Warner home auction is set for February 27, official tell news..

Laura Brady, president of New York-based Concierge Auctions, hopes to sell the house to the highest bidder. But it remains unclear if a minimum reserve will be in place. The home is off Cheney Drive and Mockingbird Lane near the Camelback Country Club, reports the Phoenix Business Journal. Warner has no financial problems. He just can’t sell the house the normal route.

Officials tell local news that a home auction is likely to drive up interest, especially for a home that hasn’t been able to attract a buyer in nearly two years. The home was bough in 2005 for $3.3 million. But Warner wants to make a profit, a roughly $5 million.

Since then Warner has done other tactic to draw news attention to the home, booking it for TV appearances including HGTV. “My family and I completely enjoyed living in this home, but it is time for us to move on,” Warner said in a news statement last week.Brady has yet to tell news if Warner will sell the house without a reserve or less than his asking price previously.



Rihanna’s New Mansion: Singer Buys in Pacific Palisades Near Tom Brady

Posted: December 20th, 2012 in Celeb Homes, Rihanna by LALATE

Rihanna's New Mansion: Singer Buys in Pacific Palisades Near Tom Brady



LOS ANGELES (LALATE) – Rihanna’s new mansion brings her closer to Tom Brady. Rihanna’s new mansion in Rivas Canyon in Pacific Palisades is also, ironically, close to the Rustic Canyon Fire earlier this year. Rihanna will be further away from Chris Brown in her new mansion but closer to a series of other celebrities.

Rihanna has bought a new home in the Pacific Palisades, insiders tell news. The pop singer is hoping for better luck after losing millions on her last home in Beverly Crest. That previously house leaked from the roof, resulting in several water lawsuits for the Umbrella singer. She bought that house $6.9 million in 2009. Then she sued the agent, inspectors and others in 2011. She eventually sold the house for a $5.03 million loss.

The latest mansion has a peculiar look. Built in 2010, the property features an eleven thousand square foot home, insiders tell news. Boasting seven bedrooms and nine baths, the house was listed for $12 million. Rihanna is said to have paid full asking price.

Rihanna is near Tom Brady and Arnold Schwarzenegger. Brady and his wife recently finished construction on their home. In 2008, LALATE reported that Brady paid $11 million just for his lot. Brady’s property is reportedly three acres, while Rihanna’s is just over a single acre.



Alicia Keys, Eddie Murphy Pursue Mega Celeb Mansion Sale

Posted: October 24th, 2012 in Celeb Homes, Eddie Murphy, alicia keys by LALATE

Alicia Keys, Eddie Murphy Pursue Mega Celeb Mansion Sale


LOS ANGELES (LALATE) – An Alicia Keys, Eddie Murphy real estate deal will feature Keys and husband, Swizz Beatz, moving to New Jersey. Alicia Keys and Swizz Beatz are buying Eddie Murphy’s mansion. But they are also hoping to sell the former Lenny Kravitz penthouse in New York.

Back in 2007, Lenny Kravitz struggled to sell a SoHo triplex penthouse at 30 Crosby St., the New York Post reports. The home, inside a former corset factory, didn’t sell for eight years. Finally Kravitz listed the residence at $19.5 million, New York news reports. Eight years later, he sold the home to Keys and Beatz in 2012 for $12.75 million

Now Keys and Beatz are trying to sell the former Kravitz residence for a five a million dollar profit. While it has yet to sell, the couple are seeking to move elsewhere: to New Jersey.

The home which they have now bought is in Bubble Hill. Murphy acquired the home in the 1980s for $3.5 million, insiders tell news. But he more than doubled its size thereafter. Murphy tried to sell it for $30 million. But it sat on the market. Now, the Englewood, NJ, home has sold to the couple for $15 million. Murphy and Keys have yet to comment about the news.

Harrison Ford, Calista Flockhart Sell and Buy New Brentwood Mansion

Posted: May 10th, 2012 in Celeb Homes, Harrison Ford by LALATE

Harrison Ford, Calista Flockhart Sell and Buy New Brentwood Mansion



LOS ANGELES (LALATE) – Harrison Ford is selling one Brentwood celebrity mansion and buying another. Harrison Ford first made news buying into Brentwood, California in 1981. Now the residence he has called home for three decades is up on the market, while Ford and wife Calista Flockhart have bought another residence, also in Brentwood, local news indicates.

Eagle Tribune reports that, two years after the release of Raiders of the Lost Ark, Ford bought a Gerard Colcord-designed, country Colonial in the east corridor of Brentwood. That home, near the Getty Museum, was bought for one million. Now after nearly thirty years of owning the residence, Ford is listing it for $8.3 million, reports the Eagle Tribune. The newspaper reports  “The 7,164-square-foot house was originally built in 1951 and has 4 bedroom suites with an additional poolside, one-bedroom guesthouse plus two additional detached guest/staff suites”.

Now Ford is moving to Mandeville Canyon, reports the Real Estalker, having bought with Flockart a new mansion at nearly thirteen million dollars. The celebrity mansion news website reports that Ford aptly got a good deal, paying “almost twenty percent less than the [...2010 listing price] and just about ten percent less than the last known asking price”.

The site reports news that the home boasts “7 bedrooms, 9 bathrooms, and 6 fireplaces plus a detached backyard cottage outfitted with screening room and guest/staff suite.”

But not everyone is convinced by the purchase. HookedonHouses.net said of the new construction house “I’m surprised that a house with such a hefty price tag has such a prominent garage [in the front] (assuming this is the front of the house).”

Burt Reynolds Mansion in Hobe Sound, Florida Faces Foreclosure

Posted: August 18th, 2011 in Burt Reynolds, Celeb Homes by LALATE

Burt Reynolds Mansion in Hobe Sound, Florida Faces Foreclosure


CORAL GABLES (LALATE) – The mansion Burt Reynolds bought during his marriage to Loni Anderson is facing foreclosure. Loni Anderson and Burt Reynolds moved into the house in the 1990s. Two years later, Reynolds suffered a Chapter 11 bankruptcy. Reynolds was able to rebound and keep the house. But now, Reynolds’ lender claims he hasn’t made mortgage payments since 2010. So it has filed to foreclose against the mansion Reynolds calls “paradise”.

Merrill Lynch Credit Corp. claims Reynolds hasn’t made a payment on the massive 12,5000 mansion since September of last year. The estate’s appraised value by the local tax assessors’ office is $2.4 million. Reynolds, 75, attempted to sell the mansion in 2009 for $8.9 million. He reportedly had no offers near his listing price.

The Mediterranean mansion boasts a waterfront setting across four acres. Reynolds reportedly bought the mansion for $1.5 million in 1994 with a 25 year mortgage. The lender claims the current mortgage payments are substantial.

Reynolds issued a news statement to ABC News indicating that he was surprised by the lawsuit. “I am as surprised as everyone.” He added “I thought my career and my life could not be going better. To all of the people who have had such faith in me and stuck by me through thick and thin, thank you. I know it is not the end of the world.”

R Kelly Mansion Heads to Foreclosure

Posted: July 13th, 2011 in Celeb Homes, R Kelly by LALATE

R Kelly Mansion Heads to Foreclosure photos house



LOS ANGELES (LALATE) – The R Kelly mansion (photos below) is heading to foreclosure. R Kelly’s house might have mortgage problems but the songwriter doesn’t have money troubles, says his rep to news today. When news of the foreclosure hit yesterday in Crain’s Chicago Business report, the singer’s spokesman, Allan Mayer refused comment. But Mayer said that his client doesn’t have money troubles.

The R Kelly mansion is located on Maros Lane in Olympia Fields, reports a J. P. Morgan Chase Bank N.A. foreclosure lawsuit. R Kelly hasn’t made payments on the mansion’s mortgage since June of last year claims the complaint. This is the second lawsuit against the singer revealed this month. In June he was sued by his former manager.

The mansion boosts nearly twelve thousand square feet, is only about a ten years old, sits on nearly four acres, and was appraised a $5.2 million in 2009. Now its value has fallen to $3.8 million; the mansion is worth less than the debt against it. R Kelly took a loan for the house in 1999 for $3.5 million and has $2.9 million in principal still owed.

R Kelly Mansion Pictures
R Kelly Mansion Photo 1
R Kelly Mansion Photo 2
R Kelly Mansion Photo 3
R Kelly Mansion Photo 4

The mansion features six bathrooms, seven baths, and a four car garage. The J. P. Morgan Chase Bank suit seeks $2.9 million.
His former management firm Prospect Park LLC is also suing him for $1 million in Los Angeles.

Below is local news video of the foreclosure.











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