Friday 23 August 2013

Celeb R.E.: Wilmer Valderrama Lists Tarzana Party Pad at a Loss Previously Owned by Chuck Norris









Images courtesy Prudential California Realty

Image courtesy Google Maps
Fresh on the MLS listing board is the home of actor Wilmer Valderrama listed for $3,495,000 on August 22, 2013 located in the heart of Tarzana not too far from the former Edgar Rice Burrough's estate (author of Tarzan). Valderrama is best known for appearing as "Fez" on the sitcom, That 70's Show, and hosting the MTV series Yo Momma

The home measures 6 Beds/5 Baths on 9,000 sqft on a total lot size of 2.20 acres originally built in 1946. The listing description states: 
Private oasis! Incredible gated 3 structure celebrity compound on 2.2 acre lot in prime estates area of Tarzana! Amazing grounds with mature trees surround the main house which features 3 huge bedrooms (2 with fireplaces), including master with large walk-in closet & luxury bath with dual showers & spa tub. Total main house living space is apx 5,000 sq ft with 4 car collector's-style garage & rooftop deck/BBQ area overlooking $300,000 resort-style beach-entry pool/spa with waterfall grotto & water slide! Professional N/S lighted tennis/basketball court & regulation sand volleyball court with sand misting system round out this stellar estate. Other structures include 2 bedroom guest with apx 1700 sq ft and extra 2 car garage, and sep apx 2300 sq ft production suite/office/conference room/game room/gym. Apx 12 car parking near sports area. Truly a magnificent private compound. Perfect for multi-family situation or anyone looking to escape to the good life. Wilbur Elementary School district.
This home was last purchased on June 15, 2005 for $3,525,000 from the one and only Chuck Norris who is probably more famous for his "Chuck Norris Facts" than his 45 acting career. Can you name one of Chuck Norris' filmography or one of his facts first? The Delta Force or Chuck Norris can divide by zero. I am not sure how much he originally purchased this house for, when, and the amount of upgrades he made to the home. 

So based on the current asking price and the original purchase price, Valderrama stands to lose $30,000 not including taxes, commissions, carrying costs, and any renovation costs which can all easily add up into the hundreds of thousands but I am not privy to that information so just throwing it out there as a possibility. 

Valderrama is a die hard SFV resident with other homes purchased in the SFV coupled with the fact that he attended Taft High school not too far from his current home. Talk about keeping it real and close to the roots although, Valderrama was born in Miami, Florida. 

His previous homes include the following:

Images courtesy Keller Williams
A 2 Bed/3 Bath on 1,228 sqft condo at 5455 Sylmar Avenue # 1504 Van Nuys (shown above) at the turn on Chandler Blvd and Van Nuys Blvd. This condo was purchased on March 6, 2003 for $297,000 and sold for a $10,000 loss on October 31, 2011 for $287,000. 

Images courtesy Keller Williams
A 4 Bed/4 Bath on 3,777 sqft Encino home located at 16207 Dickens Street (shown above) that was purchased in February 15, 2006 for $1,099,000 and sold at a loss of $209,000 for $890,000 on August 14, 2013 which I was unaware of until researching for this post. 

Images courtesy Prudential California Realty 
A 5 Bed/5 Bath on 4,822 sqft home Tarzana home located at 5441 Calvin Avenue (shown above) that was purchased on March 18, 2003 for $1,250,000 and sold at a $500,000 profit on January 17, 2008. This home was also discussed at The Realestalker back in 2007 when it was first listed by Valderrama. 

Images courtesy Pinnacle Estate Properties
A 5 Bed/3.75 Bath on 2,453 sqft Encino home located at 6215 White Oak Avenue (shown above) that was purchased on July 30, 2004 for $850,000 and sold for a $105,000 profit on September 26, 2006 for $955,000. 
Images courtesy Rodeo Realty
A 5 Bed/3.5 Bath on 2,732 sqft Van Nuys home located at 15545 Hart Street (shown above) that was purchased on November 18, 1998 for $250,000 and sold on July 20, 2004 for $670,000 for a $420,000 profit.
So with Valderrama demonstrating a devotion to the Valley especially South of the Blvd, where is he moving to next and is he downsizing or upsizing? Or maybe he is moving to get away from his neighbor who sued him back in May 2012 over complaints of too much noise, barking dogs, and vehicle parking space by Baruch Eichenbaum which was reported by the LA Times

You can view more SFV Celebrity Real Estate here

Other celebrities in Tarzana and architecturally significant properties include:
  1. Singer-Songwriter, Colbie Caillat, lists mansion for $1,399,000 in April 2013. 
  2. Rush Hour Actor, Chris Tucker, Unloads Two of His Tarzana Homes in November 2009 and March 2013.
  3. NFL star DeSean Jackson who recently purchased a $1,650,000 home.
  4. Grammy winning mixer Chris Lord-Alge who sold for $2,550,000 in March 2013
  5. 2x Emmy Winning Producer, Mark Wilding, who recently sold for $1,085,000 in September 2012. 
  6. Selena Gomez purchased Jonah Hill's former home in August 2012. 
  7. Gregory Ain designed Kaye Residence which was available and currently delisted.
  8. Bruce Boxleitner and Melissa Gilbert who have sold for $839,999 in March 2013 after two years of trying. 
  9. Scary Spice of the Spice Girls recently sold a home for $3 million to Charlie Sheen ex Brooke Mueller who later sold for $3.150 million. 
  10. Anton Yelchin's parents and former home. 
  11. A. Quincy Jones Mid Century Modern home.
  12. Soap star Kristoff St. John owned a 5 Bed/5.5 Bath mansion from 2005 to 2007 who sold it to DJ Paul of the Three 6 Mafia who sold at a loss in 2010. 
  13. Lamar Odom and Khloe Kardashian who purchased in 2009 for close to $4 million.
  14. NFL star Keyshawn Johnson.
  15. Dr. A.E. Abdun-Nur Residence by Paul Williams.