Celebrity Price Reductions: Melissa Joan Hart Re-Lists Studio City Home

By: Whitney Tyner, Zillow PR Specialist | June 24, 2009

Are huge price reductions the magic trick to selling big-name listings? Melissa Joan Hart (a.k.a. “Sabrina Spellman” from the 90’s sitcom Sabrina the Teenage Witch) certainly hopes so. The actress slashed the price by $550,000 on her five-bedroom, Spanish-style house in the Studio City area of Los Angeles, CA, re-listing it for $2,700,000. Located at 14735 Sutton St, Van Nuys, CA 91403, the home has luxury features such as a solar-powered salt water pool, spa, covered patio, maid’s quarters, and a city view.

The Los Angeles Times originally reported the home for sale in October 2008, listed at $3.25 million.

See more celebrity real estate news about other celeb price reductions:

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Comments

6 Comments so far

  1. Tim Callahan on June 24, 2009 5:49 pm

    Zillow WAY underprices my home by not including all sales of houses in my neighborhood (one down the street just sold for $700k), by not knowing anything about the huge differences in construction quality in my neighborhood, by not taking views and proximity to the ocean into account, and by using the county’s incorrect square footage. I think a class action lawsuit may be in order.

  2. thru on June 24, 2009 9:36 pm

    get a life dude

  3. Jeff on June 25, 2009 6:06 am

    Zillow doesn’t “price” homes. Sellers price homes. Zillow estimates value. If you’re selling your property based on zillows estimate than you’re an idiot. Sue your parents for forced ignorance; they’re the criminals.

  4. NoteMod.org » Blog Archive » Friday Diversion: FDIC’s Bair Cancels Listing, Shaq Sells in Miami Beach on June 26, 2009 12:05 pm

    [...] Actress Melissa Joan Hart cuts the price of her Los Angeles home by $550,000 to $2.7 million. The home includes a solar-powered salt water pool, a spa, a covered patio and maid’s quarters. Ms. Hart originally listed the home last October for $3.25 million. (Zillow) [...]

  5. MortgageMods.org » Blog Archive » Friday Diversion: FDIC’s Bair Cancels Listing, Shaq Sells in Miami Beach on June 26, 2009 12:42 pm

    [...] Actress Melissa Joan Hart cuts the price of her Los Angeles home by $550,000 to $2.7 million. The home includes a solar-powered salt water pool, a spa, a covered patio and maid’s quarters. Ms. Hart originally listed the home last October for $3.25 million. (Zillow) [...]

  6. California GRI on June 30, 2009 1:36 pm

    Unfortunately, in this market the $500K reduction may not be enough to sell this property.

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