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Aug 23, 2011

R. Kelly’s Old Mansion Sold 30 Percent Under Price

R. Kelly’s Old Mansion Sold 30 Percent Under Price

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Singer R. Kelly can testify to that since his Lake View home was sold 30 percent under his original asking price of $3.89 million.

He actually wasn’t the owner at the time of the sale. He handed the deed over in 2002 and in 2008 it was purchased out of foreclosure for $1 million and revamped for the current sale.

The renovations were tremendous, including a $7,000 shower head and elevator. It has 11 rooms, a 1,600 gallon salt water aquarium, an indoor swimming pool, sauna, spa room, and elevator access to the rooftop with a full kitchen.


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