While courts and creditors clarify whether Bravo-Lebrity Erika Jayne and her estranged husband, the lawyer Tom Girardi, funded their lavish lifestyles with stolen money from its clients, the value of one of their most important assets – a mansion in Pasadena, California – is falling by more than $ 1 million every month.
The home was originally listed for $ 13 million in early May, and its price has been slashed three times in the past four months to land a bid. It’s now priced at $ 8.9 million, 32% off the original price.
And one more bad news: they may have to lower the price again to bring it in line with Pasadena’s current prices. The Girardi mansion is currently priced at $ 866 per square foot, still well above the city’s average list price of $ 656 per square foot.
Of course, this great property should have some premium – it’s far from average.
Designed by the famous architect Myron Hubbard Hunt, the historic mansion, built in 1928, is 2 acres with a gate overlooking the Chicago Street Bridge.
If you’ve watched any of the last six seasons of “Real Housewives of Beverly Hills” you’ve seen what the listing details describe as the “old world opulence” of the house.
The stunning features of the 10,277-square-foot mansion include a solid bronze front door, a formal living room for large parties, a porch overlooking the fountain and pool, a walnut-paneled library, and a small chapel.
The spacious and alluring four bedroom, nine bathroom home is adorned with finishes like red silk on the master bathroom walls, marble throughout, stained glass, and opulent woodwork.
Pool in the Pasadena mansion
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living room
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MORE FROM BROKER:
library
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kitchen
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dining room
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Master suite
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Master suite bathroom
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Tom Girardi is in serious legal trouble and is accused of siphoning off funds to compensate the victims he represents. This money is said to have been used to fund the couple’s exaggerated spending and Erika Jayne’s singing career.
She was asked to voluntarily repay $ 25 million received from Girardi, including $ 2 million for surviving relatives of the victims of the Lion Air Flight 610 crash in 2018.
While Erika is defending herself in an off-camera court case, she also argues with other Beverly Hills “housewives” over issues related to their expenses and marriage, which has resulted in some must-see TV shows this season.
“I don’t think there’s a single person at this table who doesn’t want to see you get out of there,” Dorit Kemsley Jayne said on a recent episode. “I will support you to the bitter end. I’ll do anything you need anything. But holy shit, when you read about the victims and the orphans, it’s very hard to digest. “
Jayne filed for divorce from Girardi in November 2020 after 20 years of marriage. Last January, she moved from the Pasadena mansion to a more modest Los Angeles home, valued at an estimated $ 2.4 million.
Price on Erika Jayne and Tom Girardi’s Pasadena Mansion Slashed — Again first appeared on Real Estate News & Insights | realtor.com®.
source https://www.bisayanews.com/2021/09/16/price-on-erika-jayne-and-tom-girardis-pasadena-mansion-slashed-again/
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