Celebrity Real Estate: Judge Judy Producer Lists Studio City Mansion
[Update January 22, 2014]: This home sold for $2,850,000 on October 1, 2013.
According to the listing, this 5 Bed/7 Bath, 5,454 sqft home on 0.35acres built in 2006 states:
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[Original Post]:
Images courtesy Rodeo Realty |
Hot off the presses from the always informative Lauren Beale at Los Angeles Times Hot Property comes word of Judge Judy producer, Timothy Regler, listing in Studio City for $4,495,000.
Timothy Regler is an executive producer for the Judge Judy TV show and also was a director for The People's Court TV show.
Situated on a private knoll within the celebrity enclave of Fryman Estates is this sophisticated Mediterranean inspired home, sited on an intimate cul-de-sac and nestled before the Santa Monica Conservancy. This breathtaking Masterpiece spans over 5400 square feet and offers five en-suite bedrooms plus two elegantly detailed baths. You will enjoy the floor plan as it flows seamlessly from one room to another. Excitement builds as you enter the stunning rear grounds and catch a glimpse of your new found paradise! This extraordinary opportunity has been built to perfection and is a must see!
According to Lauren Beale, Timothy Regler is moving to downsize. This home was last purchased on August 30, 2007 for $3,409,000. Regler currently asking price is roughly $1,086,000 more than when he last purchased in 2007 for a 30% gain. Keep in mind that the housing market is down approximately 35% - 40% from peak values and even more in some areas. So for Timothy Regler to sell at a decent sized profit would be amazing in today's challenging market. But all takes is one buyer so good luck to Regler.
Prior to this home, Timothy Regler also owned a home in the Hollywood Hills near the 101 that was purchased on October 19, 2004 for $1,310,000 and last sold on July 09, 2008 for $1,275,000 representing a $35,000 loss not including taxes, commissions, renovations, etc. This home is currently listed at $1 million which is in a pending status.
Prior the Hollywood Hills home, Regler was back in the SFV living in a modest sized 3 Bed/2.75 Bath Toluca Lake home across the street from the Miley Cyrus family home (who also has a home in Studio City). Regler purchased this property on September 28, 2000 for $620,000 and sold on November 5, 2004 for $950,000 which equates to a lovely profit of $330,000 not including taxes, commissions, renovations, etc.
Image courtesy Prudential California Realty |
Image courtesy Coldwell Banker-Sunset Blvd |
Timothy Regler may have also lived in North Hollywood and other parts of Studio City prior to the two above mentioned homes but I cannot confirm.
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