Nelly’s dilapidated Missouri mansion to soon have new owner

WILDWOOD, Mo. – Musician Nelly’s deserted Wildwood, Missouri mansion must have a new owner soon.

The just about 11,000-square-foot property on Hidden Valley Push is now detailed as pending on realtor.com.

Keller Williams Realty STL claims the closing date is anticipated to appear in the upcoming few months. The actual estate company said the home sold within days of going on the current market in February but the process took more time since it was a quick sale.

Bankrate.com claims a quick sale is when the loan company agrees to accept a house loan payoff quantity considerably less than what is owed in buy to aid a sale of the residence by a fiscally distressed owner. 

The property was detailed for $599,000 and was known as an “amazing investment decision chance.” Nelly purchased the home in 2002, and it was detailed for $2.five million at the time.

The listing agent said it acquired fifty two offers. Nelly’s publicist claims the home sold for around the inquiring price. It is unclear what the negotiated price is, but the new owner will probable have to spend 1000’s of dollars right before any individual can live in the property.

The listing photographs demonstrate considerable disrepair. There are flooring that need to have to be place down, plumbing is required in a lavatory and the pool demands to be fastened up.

Nelly, originally from St. Louis, apparently prepared to purchase the position and then flip it with a “contractor mate,” TMZ noted. Those people plans do not appear to have worked out.

The 6-bed room, 7-lavatory home was burglarized in 2009. It’s unsure what just was stolen.

The property was constructed in 1998 and is about thirty minutes outside the house of Downtown St. Louis. It is shut to the Hidden Valley Ski Resort in Eureka.

See the whole listing along with the shots of the property on realtor.com. You also can get hold of the listing agent, Patricia Shannon at 314-504-4599.