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Celebrity Real Estate: San Fernando Valley Native Paul Abdul Lists Sherman Oaks Home....Again

[Update: March 31, 2012]: This home sold for $1,884,000 which was $15k less than the original offering price on March 30, 2012. This home was on the market for roughly one month which is a quick turnaround time in this troubled housing market especially at the high end. For Paula Abdul, she sold at a profit of $599,000 not including commissions, fees, taxes, etc. Also, this does not include the $900K settlement that was Paula was required to pay for the incident at her home while taping below (see details below). I dont know where Paula is headed off to but her roots are from the San Fernando Valley as she has maintained her residence here since birth. She even attended Van Nuys High School and CSUN. Doesnt get any more close to home than that. Hopefully she still stays in the San Fernando Valley.

[Original Post]:

Images courtesy Coldwell Banker
Hot off the presses from the always informative Lauren Beale at  Los Angeles Times Hot Property wrote about Paula Abdul's listing in Sherman Oaks for $1,899,000 on February 21, 2012.

Paula Abdul is a singer-songwriter, dancer, choreographer, actress, and television personality. Belieive it or not, Paula Abdul's roots are all over the San Fernando Valley. She was born in San Fernando, graduated from Van Nuys High School in 1980 (voted girl with the funniest laugh), and studied broadcasting at CSUN. During her freshman year, she was selected from a pool of 700 candidates to be a cheerleader on the Los Angeles Lakers. Within three months, she became head choreographer. From 1982 - 1986, she was choreographing  for the Jacksons and Janet Jackson . She also choreographed various films like Big (the giant keyboard scene), Coming to America, and Action Jackson. From 1987 - 1994, she recorded the pop albums Forever Your Girl and Spellbound. As a singer she won a Grammy for Best Music Video for "Opposites Attract." From 1995 - 2001, she recorded the Head over Heels album and at the same time took a break from music. From 2002 - 2006, she appeared on American Idol as a judge with Simon Cowell and Randy Jackson. From 2007 - 2009, she released a second greatest-hits album. In 2011, she served as lead judge, executive producer, creative partner, mentor, and coach on Live to Dance which was eventually canceled after 7 weekly shows. Later that year she joined Simon Cowell, L.A. Reid, and Nicole Scherzinger on The X Factor.

According to the listing, this 5 Bed/4.5 Bath, 4,679sqft home on 0.26acres built in 2000 states:
Celebrity owned gated estate w/ 2 story entry grand dble staircase. Lrg grt rm w/ engineered hrdwd flrs, ovrsizd frplc, recesd lits, pwdr rm & Frnch drs to pvt patio & pl area. Cstm grmt kitch opens to light filled dining area. Dwnstrs BR & BA & drct access 2 car grage. Upstrs w/ 4 BRs & 3.5 BAs, hi ceilings, lrg mdia area. Mstr BR ste has frplc, hge walk-in clst, spa like BA & blcny w/ gorgeous cyn & city vws. 3 2ndary BRs & 2 baths. Bedrm layouts flexible & can be used for many different purposes.
Paula Abdul last purchased this property for $1,285,000 on September 29, 2000 right before the housing bubble launched. According to the Realestalker, Paula Abdul tried to offload this property back in 2008 for $1,900,000 and also back in 2003 for $1,995,000 (August?) later changed to $1,899,000 (August 2004). And here we are back again in 2012 selling at this magical number around $1.9 million.

The Sherman Oaks home has been in the news lately. Back in December 13, 2011, Paula Abdul announced on Facebook she was having an estate sale from morning till 4 PM each day from December 17th until December 21st which obviously listed her home address. Coincidentally or not, on December 16, 2011, police responded to her home after an alarm was triggered around 2 A.M. but nobody was found home. Gee, I wonder if this related to her Facebook estate sale listing. Lastly, on November 18, 2011, Paula Abdul claimed her house was haunted and revealed "that what she first thought was a strange light turned into the figures of "what looked like a man in his 40s, hand in hand with his little son, who was in a little school uniform. I would see him walk by and I am like, "These are friendly ghosts"....They arent hurting me. " Recently, Paula Abdul agreed to pay a $900,000 settlement to a woman injured on her driveway which occurred in 2009 by Jill Kohl who was at her Sherman Oaks home during a taping of her reality show, Hey Paula.

So who is eager to buy a home with alleged ghosts after hearing that revelation?

Image courtesy Google Maps
Prior to this home purchase, Paula Abdul lived in a Mulholland Estates mansion (same area that is home to Charlie Sheen) which has a 90210 area code with some websites claiming Beverly Hills or Sherman Oaks. So take your pick. She purchased this 5 Bed/8 Bath 7,646 home on February 01, 1991 for $2,975,000 and was later sold at a significant loss to Tom Arnold on June 12, 1998 for $2,300,000. This home was directly across from Shaq's old house (you can see his basketball court with the Superman logo in the image above) as tweeted by Paula Abdul. Tom Arnold sold this home on November 1, 2006 for $7,400,000 and moved to a new home in Tarzana (which was sold in 2008) as discussed at the Bergproperties Blog.  Just imagine how much money Paula Abdul would have made had she stayed a couple more years in her Mulholland Estates property. Hindsight is 20/20.

In between the Mulholland Estates home and her current home in Sherman Oaks, she lived in a West Hollywood Condo which was purchased on June 12, 1998 for $431,000 and later sold on July 6, 2000 for $559,000 

Prior to the Mulholland Estates home, Paula Abdul lived in a Studio City condo according to a Ruth Ryon article at the Los Angeles Times from March 03, 1991. Also mentioned in a People magazine article from March 12, 1990 was that her Studio City Condo was burglarized.

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.

1 comment to ''Celebrity Real Estate: San Fernando Valley Native Paul Abdul Lists Sherman Oaks Home....Again"

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