This Is The Ugly Truth Behind Charlie Sheen’s Recent Sale Of His Beverly Hills Mansion
It looks like troubles haven’t ended yet for former ‘Two and a Half Men’ actor Charlie Sheen. Once being among the top-paid entertainers on television, the now-54-year-old’s career and fortune have been rocked by numerous legal controversies and health issues for years now. These troubles even affected his recent sale of a Beverly Hills mansion.
After two years in the real estate market and a couple of price cuts, Sheen has finally found a buyer for his seven-bedroom home. There’s a catch though. The actor initially wanted an estimated $10 million for the property when he decided to let go of it. In the end, he only got $6.6 million, which leaves him at a loss given the fact that he bought it for a reported $7.2 million back in 2006.
Looking at his current circumstances, it may be that he didn’t have much of a choice. According to sources, the actor re-listed the residence with a slashed price before so he can avoid foreclosure on the property. Apparently, Sheen received notice that his home would be foreclosed should he fail to pay a reported $80,000.
This amount is the total of what he owes in back payments for his mortgage. Sheen has also notably reduced the monthly spousal and child support payments he makes due to his financial woes.
Having a Mediterranean Revival aesthetic, the home was originally built in the early 90s. Some of its most notable design features include floor-to-ceiling windows and double-height living spaces spread out in the expansive abode. And speaking of living spaces, the mansion’s living room features an array of things from a jukebox, a pool table, and an impressive bookcase-shaped fish tank.
Meanwhile, the master bedroom has its own array of unexpected features such as a wet bar, a sitting room, and even a screening room. There’s also the ‘mini food elevator’ that is connected to the kitchen area down below.
Charlie’s Other Losses
Sheen was also reportedly the landlord to his former wife Denise Richards and their two daughters, who all lived in a home next door to the actor. However, he allegedly evicted his family back in 2015. Richards then remarked on her ex-husband’s behavior becoming more and more erratic at the time.
The actor has previously bought and sold two more properties in the same area. The first one, acquired in 2011, was offloaded by the Sheen at a loss in 2015. He made a bit of a profit off of a home he bought in 2012 though, which he eventually offloaded in 2016.
More in Loans & Mortgages
Tips to manage Stress and Be Careful Once Offices Resume Post Lockdown
There would hardly be anyone who’d not be excited to get back to work after the Coronavirus lockdowns are lifted. It’s...June 27, 2020
If You’re Struggling to Pay Rent or Mortgage During COVID-19, These Tips Will Definitely Help You Out
Let’s face it- when talking about monthly bills, your rent and mortgage bills sit right at the top of the list....June 26, 2020
Struggling to set your Career straight? Take a look at These Tips that are Sure to Help
The pandemic has created havoc in many industries, and thousands of people are left without jobs. If not entirely out of...June 26, 2020
How to Build a Successful Career in Event Management – Expert Tips
Unlike earlier times, today’s younger generation has a variety of career choices. Current opportunities are usually based on either the global...June 23, 2020
Struggling to Figure Out Your Next Career Move? Here’s How You Can Keep Your Professional Progress On Track With These Expert Insights
We know that planning your next career move is the last thing on your mind right now. With companies closing and...June 23, 2020
Financial Mistakes Most Millennials Regret Making During College
Getting ready for college could be one of the highlights of your life, personally and professionally. A lot of opportunities open...June 17, 2020
Here’s How Americans Are Spending their $1,200 Stimulus Checks
When the Great Recession wreaked havoc in the economy in the late 2000s, Americans received stimulus checks from the federal government to help...May 20, 2020
Students Looking for Extra Income Can Apply for These Three Online Jobs
Students usually have limited budgets. And with unexpected expenses threatening to mess with those funds, most of them are now considering...May 15, 2020
The Five Most Important Things You Need To Consider When Getting a Personal Loan
A personal loan means borrowing from a lending entity, may it be a bank or some other credit provider. It’s...May 15, 2020