Celebrity Real Estate: Jonah Hill Settles Down in Tarzana
[November 15, 2015]: Selena Gomez listed her Calabasas home for sale for $4,495,000 on November 13, 2015.
[Update May 7, 2014]: Selena Gomez listed her Tarzana home for $3,495,000 on May 1, 2014.
[Update April 2, 2014]: This home was purchased by Selena Gomez in August 2012 which was discussed here. And in March 2014, Gomez purchased a Calabasas home discussed here. Previous to the Tarzana home, Gomez was living in an Encino home discussed here.
[Original Post]:
Back on September 29, 2011, the always hilarious Your Mama at the Real Estalker revealed the purchase of a Tarzana home by funnyman Jonah Hill from SuperBad, Knocked Up, and Get Him to the Greek. Mr. Hill quietly purchased this property back on July 14, 2011 for $2,175,000 near Tampa and Ventura.
This home conists of 5 Beds/5.5 Baths on 4,650sqft that sits on almost one acre of land. The property features tennis court, pool/spa, BBQ bar/island, formal living and dining rooms, chef's kitchen, walk in butler's pantry, master retreat with his/her's closets, steam shower, spa tub, and built in sound system.
It appears that Mr. Hill is buying this property as a second home as he currently owns a home in the Laurel Canyon area that was purchased for $1,865,000 not too long ago in May 2010. Not sure what his plans are for the Tarzana home, maybe a vacation spot to get away from the glamour and glitz of Hollywood.
A background note on this property, the home has obviously been remodeled and upgraded since its original build date of 1956 by the seller. According to the price history, it has been listed on and off again since 2008.On Redfin, the last offering prices are $2,900,000 in June 2010 and $2,399,000 in December 2010. Zillow shows a last listing of $3,499,000 back in March 2011. It was last sold in 2006 for $2,050,000 to an interior designer who earns a living flipping properties such as this one. The reason for all the random prices changes may be attributed to a lawsuit over loan payments involving the designer and this house back in March 2011. Whatever the end result of that lawsuit, Mr. Hill is now a resident of the SF Valley. Even though Mr. Hill paid above the 2006 bubble peak price, it may have been without all the upgrades to the house. So this could have been a good deal for Mr. Hill and a significant loss for the interior designer. This is just guessing as I have no insight into the financial matters of both parties nor am I an expert on real estate valuations.
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