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The Kemsleys Stale Listings
Real Housewives of Beverly Hills star Dorit and husband, Paul Kemsley, have relisted their 6-bedroom, 10-bathroom, 8,901 sq. ft. Encino home (the one featured last season on the show) for $7,995,000. Back in October, Kemsley took the home off the market after failing to find a buyer for several months. They purchased the mansion for $6.4 million in 2019.
Dorit and PK still have the Beverly Hills mansion (the one we first met them in) for sale for as well. The 5-bedroom, 7-bathroom, 8,679 sq. ft. property is currently listed for $6.9M, and has sat on the market for several years (talk about a stale listing). Putting on my realtor's hat for a moment; I’m trying to imagine fetching $7M for a “tuck under” with a 52-step climb to the front door, but what do I know? Fans will recall that at one point, the Kemsley’s hired The Agency’s David Parnes and James Harris (Million Dollar Listing: LA.); however, it was a short lived relationship. The couple co-purchased the home in 2016 for $6,565,000 and tried to flip sell it for $12,750,000, just a year later. I guess there's no crime in having lofly ambitions. They slashed the price multiple times over the years.
In 2019, PK’s former associate Nicos Kirzis, sued Paul Kemsley for $1.2 alleging PK refused to pay up on a loan that he provided the businessman. Dorit was dragged into her husband’s legal proceedings, and her bank account was frozen at one point.
Over the years, PK has faced several legal issues over alleged unpaid bills. The Internal Revenue Service slapped with the couple with two federal tax liens. In one lien, the IRS accused the two of owing $635,887.23 on a 2015 bill. Another lien filed solely against PK said he failed to pay $289,423.67 for the years 2014 and 2016. The lien demanded he cough up a total of $925,310.90. PARA In a separate suit, the Bellagio Hotel and Casino sued PK over an alleged $1.7 million loan he refused to repay. They said PK tried to get the debt wiped clean in a bankruptcy case he filed in the U.K. A judge reportedly allowed the casino to start the process of seizing his assets.
I believe all the speculation about the Kemsley's alleged financial problems over the years has always greatly exaggerated. Not only does Celebrity Net Worth remain firm on the Kemsley's est. $50M dollar net worth, but it just doesn't make sense to me that people experiencing financial problems would be purchasing a $7M dollar home.
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