Reese Witherspoon, Ryan Phillippe Sell Shared Duplex

Reese Witherspoon and Ryan Phillippe have sold their shared investment property, a duplex in Los Angeles, for $1.44 million, according to Trulia real estate blog.

On Jan. 17, seven years after their divorce, they unloaded the duplex they still owned together. They originally purchased the home in October 2005 for $1.17 million and then listed the property in December 2013 for $1.395 million.

STORY: Robert Pattinson Sells Los Feliz Home for $6.37 Million 

Witherspoon and Phillippe made a profit of $266,500 on the sale of their two-unit remodeled property. Witherspoon also recently sold her Ojai estate where she married her husband, CAA agent Jim Toth. Originally asking for $10 million on the house, she ended up selling for $4.98 million after lowering the asking price twice.

Likewise, Phillippe saw a loss on his Sunset Strip mansion of $1.175 million in March 2013.

Mary Lu Tuthill of Coldwell Banker Brentwood was Reese and Ryan's listing agent for this deal, and Lisa Mansfield of Sotheby's International Realty represented the buyer.

View the original article here

Oprah Winfrey Lists Chicago Condo for $7.75 Million

Oprah Winfrey wants $7.75 million for her longtime Water Tower Place condo.

VIDEO: Oprah in Tears During Emotional Speech: Live Life to 'Elevate' Others

Winfrey expanded upon the spread after originally buying a 57th-floor unit in 1985. She later paid $1.06 for the unit directly below and $1.5 for an adjoining 56th-floor condo. The final unit, which she bought for $1 million, is also on that floor.

The full 9,600-square foot condo features four bedrooms and five bathrooms. Pamela Sage of Baird & Warner has the listing.

View the original article here