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>> MANSION Latest News

MAR 19, 2013 - Vibe

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R. Kelly Mansion Loss: Singer Takes A Bath In Sale

R. Kelly has to find some new closets to get trapped in, because his mansion is a goner - at a big loss. Kellz took a big loss on his mansion after the bank foreclosed and auctioned it off. TMZ reports Kelly built the pad in 1997 and took out a $3.5 million mortgage to fund it. It's been under legal wrangling since 2011, and the bank finally sold it for $950,000 this week. That's a big R. Kelly mansion loss of more than $2.5 million, or at least 20 more chapters of Trapped In The Closet, depending on DVD sales. The former Kelly abode has 6 bedrooms and 8 bathrooms, because we all know R. ... Read More

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