Celebrity Real Estate: Charlie Sheen's Ex Brooke Mueller Flips Former Spice Girls Home in Tarzana

[Update January 9, 2013]: This home sold for $3,150,000 on January 7, 2013 which was completed in roughly two months. The sale represents a $150,000 gain from when Mueller purchased it for $3 million which actually represents a loss for Mueller based on a 6% commission equating to $189,000 or a $39,000 loss. Maybe Mueller worked something out with the listing agent to reduce the commission to just break even. I dont understand why she would buy in March and then sell in January.

[Original Post]:

The always hilarious Your Mama at the Realestalker has just divulged the latest gossip on the former Tarzana home of Melanie Brown who also goes by Scary Spice of the Spice Girls. This home was sold back on March 16, 2012 (which was discussed here) apparently to Brooke Mueller at a $159,000 loss for $3.0 million.

Mueller hoisted the home back on the market on November 15, 2012 for $3,550,000. The only thing that surprises me here is that this home which is currently under escrow was able to garner interest with an asking price that was $500,000 higher than what it sold for barely 8 months ago. Additionally, the previous listing  by Brown mentioned that the home had undergone a $1 million renovation so I am not sure what has changed since Mueller acquired the property especially with the listing pictures looking exactly the same from when Brown listed the property. 

At any rate, I am sure I am missing something and if this home sells at the current asking price, Mueller stands to gain $550,000 before taxes, commissions, carrying costs (if any), and renovation costs. Even if she were to spend $200,000, she would be earning $250,000 which is not bad for several months of work. 

STUNNING, CELEBRITY GATED COMPOUND! ENTER MAGICAL ESTATE THROUGH GATED WINDING DRIVEWAY , TO WHICH INCLUDES A STATE OF THE ART DETACHED MOVIE THEATRE , GUEST HOUSE, RESORT-LIKE GROUNDS , GORGEOUS POOL AND SPA, OUTDOOR KITCHEN AND DINING ROOM WITH CHANDELIERS, CABANA AND FLAT SCREENS, INVITING FIRE-PIT , AND MAGICAL VIEWS!!! GRAND DOUBLE DOORS OPEN INTO DRAMATIC 2-STORY HIGH CEILINGS ENTRY, EUROPEAN APPOINTMENTS AND SWAROVSKI CHANDELIERS THROUGHOUT , CHEF'S KITCHEN WITH PROFESSIONAL GRADE APPLIANCES. BREAKFAST NOOK OPENS TO FAMILY ROOM, EXQUISITE DINING ROOM WITH SMOKED MIRRORED GLASS, FORMAL LIVING ROOM UPSTAIRS TO PRIVATE MAJESTIC MASTER SUITE WITH GRAND MASTER BATH AND WALKIN CLOSET. DOWNSTAIRS INCLUDES PHENOMENAL OFFICE, JUNIOR SUITES. LAUNDRY ROOM AND SEPARATE STAIRWAY TO GREAT ROOM/ GYM . PROPERTY ALSO BOASTS: CAT 6, HDMI WIRING, STATE OF THE ART SECURITY SYSTEM AND TOP OF THE LINE SURROUND SOUND . NO EXPENSE WAS SPARED ON THIS TRULY BREATHTAKING ESTATE!

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Images courtesy Keller Wiliiams

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Write by: Unknown - Monday, December 17, 2012