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Celebrity Real Estate: Joey Lawrence Moves To Calabasas


Images courtesy Prudential California Realty
Hot off the presses from Trulia Luxe Living comes word of singer-actor Joey Lawrence's newest home purchase in  Calabasas on December 13, 2011 for $1,442,500.

Joey Lawrence is a singer-actor, mostly known for his star role in Blossom from 1991 - 1995. He first began acting in 1982 starring in small roles in memorable hit TV shows like Diff'rent Strokes and Silver Spoons. He has stayed active and busy ever since performing in a variety of TV shows, movies, reality shows, and  hosting.  He also sings and created two albums with Joey Lawrence in 1993 and Soulmates in 1997.

According to the listing, this 4 Bed/3.25 Bath home on 4,562sqft on 0.26 acres built in 1988 states:
NESTLED IN THE HILLS OF BEAUTIFUL CALABASAS, THIS MEDITERRANEAN VILLA HAS IT ALL! FEATURING AN AWARD WINNING DESIGN, THIS LIGHT FILLED, SERENE HOME IS AN ARCHITECTURAL GEM. AS YOU ENTER, YOU ARE GREETED BY A DRAMATIC TWO STORY GREAT ROOM. WARM SALTILLO TILES AND RICH WOOD FLOORS ARE USED THROUGHOUT THE HOME. RECENTLY REMODELED, THE KITCHEN FEATURES STAINLESS APPLIANCES (INCLUDING 3 OVENS FOR THE GOURMET CHEF!), GRANITE COUNTERS AND A LARGE WALK IN PANTRY. CHARMING TOUCHES INCLUDE A WROUGHT IRON GATE IN THE DINING ROOM, A LARGE VERANDA ON THE SECOND LEVEL, A NICE LOFT AREA AND A CHINA CLOSET. OTHER HIGHLIGHTS INCLUDE 3 ROMANTIC FIREPLACES, A NEWER ALARM SYSTEM, NEWER CARPET, NEWER A/C AND HEATING UNIT FOR UPSTAIRS AND A NEWER POOL HEATER. POSSIBLE "IN-LAW' SUITE DOWNSTAIRS. SECONDARY BEDROOMS ARE GENEROUSLY SIZED. THE PRIVATE BACKYARD RETREAT FEATURES A BEAUTIFUL POOL WITH A CASCADING WATERFALL, SPA, LUSH TROPICAL LANDSCAPING, A NEWER BUILT IN BARBECUE, A CHARMING FOUNTAIN, GRASSY AREA AND A VEGETABLE GARDEN. SITUATED IN PRESTIGIOUS GUARD GATED WESTRIDGE NEAR THE SHOPPING AND DINING OF THE COMMONS, THE SATURDAY FARMER'S MARKET AND THE BEACHES OF MALIBU. SERVED BY THE AWARD WINNING LAS VIRGENES SCHOOL SYSTEM!
This home was previously purchased on August 30, 2010 for $1,430,000 with the previous owners selling for a paltry gain of $12,500 when you consider that commissions and other expenses associated with this property most likely eat away all the profits. Not sure why the previous owners sold after settling in for roughly one year.

Joey Lawrence is no stranger to the SFV as he owned a property in Encino (shown below) that he originally purchased on May 27, 1994 for $1,175,000 and sold in November 12, 2004 for the odd number of $2,300,023 netting a gain of $1,125,023 not factoring fees, commissions, and other related expenses. Not bad for 10 years of living.  There are conflicting reports from the Realestalker stating that Lawrence still owned this property that was corrected by AOL Real Estate. Zillow (shown below) and Blockshopper show that the property sold in 2004 but Redfin show no such transaction which I think is where the confusion came from. I am not sure where Joey Lawrence lived in between his Encino sale in 2004 and the newly acquired Calabasas crib. Its possible that these transactions all occurred because of Lawrence's marraige to Michelle Vella in 2002 and subsequent divorce in 2005 followed by a new marriage to Chandie Yawn-Nelson in 2005. The three D's of real estate; death, divorce, or debt.


Price History

DateDescriptionPrice% Chg$/sqftSource
04/02/2011Listing removed$2,599,000--$320Prescott Properties Inc.
11/05/2010Price change$2,599,000-5.5%$320Prescott Properties Inc.
07/30/2010Price change$2,749,000-8.2%$339Prescott Properties Inc.
07/18/2010Listed for sale$2,995,000--$369Prescott Properties Inc.
07/18/2010Listing removed$2,995,000--$369--
04/06/2010Price change$2,995,000-6.4%$369--
01/19/2010Listed for sale$3,199,000-0.0%$394Agent
07/23/2009Listing removed$3,200,000--$395--
12/20/2008Set Make Me Move$3,200,00039.1%$395Owner
11/12/2004Sold$2,300,02395.7%$283Public Record  
05/27/1994Sold$1,175,000--$145Public Record


You can find more San Fernando Valley Celebrity Real Estate here

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Marty Mcfly

Anything and everything about the San Fernando Valley. This blog will take you back in time when the valley was covered with dirt and orange groves to a leader in the space race to its current status as America's suburb. Come along and join me on this adventure, I guarantee you have been influenced/impacted by the San Fernando Valley in one form or another even if you have never visited or heard of the SFV.

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