Nelly is finally selling abandoned Missouri mansion

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After around eight months on the market, rapper Nelly has finally unloaded his “abandoned” mansion in Missouri for an undisclosed sum. The house is a far cry from a typical celebrity property. It has been described as “shabby”, “decrepit”. The Wildwood, Missouri, company is reportedly less than what Nelly owed on the mortgage (known in the real estate industry as a “short sale” in the real estate industry) regardless of the final price agreed.

Whatever its shortcomings, the property certainly does not lack space. It’s a 10,800 square foot home with six beds, six and a half baths, all of which are set in sprawling 12 acres of land. According to reports, Nelly bought it for $ 1.925 million in 2002 to remodel and flip the home at a profit, but the renovations never completed and the home was last listed for an asking price of $ 599,000 – which may not be okay the neighborhood for which the house was eventually sold.

Here’s how Nelly’s abandoned Fixer Upper project was described in its official listing:

“Amazing Investment Opportunity! This palatial, architectural Tuscan style home has some of the best views in Missouri. The interior features a grand entrance, open floor plan with sky-high ceilings, and an incredible 6 bedrooms and 7 baths on 12 acres of land, there is plenty of outdoor recreation space, Including a private basketball court Breathtaking views of the Meramec River Valley can be seen from anywhere on this property – from the great hall to the expansive garden to all of the many private balconies. The hotel is just minutes from the Hidden Valley ski area in Eureka. “

Nelly may not have completed the real estate turnover she was hoping for, but the sale could represent a great opportunity for the buyer as another villa in the area is currently listed with an asking price of nearly $ 2 million.

It’s unclear why Nelly didn’t move on and complete the mansion, despite having been haunted by a number of IRS issues over the years. The IRS placed a $ 2.4 million tax lien on Nelly in 2016 for unpaid taxes.

You can check out Nelly’s former Missouri mansion in the video below from the Living St. Louis YouTube channel, which incidentally also reports that the house was sold for $ 982,500 last month. Enjoy:

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