Recently Sold by Celebrities: John Mayer; Kevin Jonas; Kyle Richards

Posted on 20. Feb, 2011 by Zillow in Celebrity Homes

Home are certainly selling — maybe not for the price anyone wants, but homes are selling. Case in point is this collection of celebrities who are unloading their homes:

John Mayer Sells Pacific Palisades Home

He may have lost money on the sale, but singer-songwriter John Mayer has reduced his real estate load by one after selling his Pacific Palisades home (above) for $1,292,000 on Jan. 20, 2011. He purchased his bachelor pad for $1,750,000 in 2006. Give Mayer credit for doing his Pacific Palisades real estate homework, though, as his starting price was $1,325,000 in December, which indicates the desire for a quick sale since Pacific Palisades home values were about $1.46 million during that time.

Kevin Jonas Sells Vaquero Home for $2 Million

Known as “K2″ from the boy band Jonas Brothers, Kevin Jonas sold his Vaquero Golf Club estate in December for $2 million, which is $200,000 less than the asking price of $2.2 million when it was first listed in October 2010. Westlake real estate seems to be doing better than most of the country as Westlake home values are up 36 percent since last quarter.

Kyle Richards Sells Beverly Hills Home for $2.1 Million

The Real Housewives of Beverly Hills star Kyle Richards, who is married to high-end real estate agent Mauricio Umansky and is aunt to Paris and Nicky Hilton, recently sold her Bel Air contemporary for $2.1 million. Initially listed for $2,450,000 in February, Richards’ handsome home is at the end of a quiet cul-de-sac and boasts beautiful city and mountain views.

Foreclosure Canceled for Bellinos

Another Real Housewife and another real estate headline. Real Housewives’ of OC Alexis Bellino and her husband, Jim, were watching the seconds tick down as their Newport Beach, CA home was scheduled for a foreclose auction, but that day has come and gone. Evidently, the foreclosure auction on their home was canceled and their lender, JPMorgan Chase, is no longer pursing the “repossession of the property.”  But, the home is still on the market as a short sale. Asking price is $3,395,000. The Bellinos have been trying to unload the property since 2008.

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