Monday, 28 April 2014

Lena Headey buys smaller home at nearly half the price after tough divorce, money problems

 Photos: Lena Headey downsizes her homeActress Lena Headey, who plays the evil queen on HBO's hit TV show "Game of Thrones," just bought a dated home in the Valley that's almost half the price and about two-thirds the square footage and acreage of her former home.

She sold that previous home, in the Hollywood Hills, at a loss of about $340,000 during a difficult 2012 divorce. How difficult? Last year, her bank account contained "less than $5," she claimed in widely reported court documents. She and her ex, Peter Loughran, have a son who just turned 4.

Although her Hollywood Hills home wasn't especially extravagant by L.A. standards -- she sold it for $1,349,000 -- her new purchase is downright humble for a TV star. She paid $790,000, a bit over the asking price, for a 3-bedroom, 3-bath midcentury house in Sherman Oaks, a community in Los Angeles' San Fernando Valley. It has 1,800 square feet and sits on 6,700 square feet of land.

By contrast, the home she sold in 2012 was 2,500 square feet on a 10,000-square-foot lot. It too was a midcentury modern with 3 bedrooms and 3 baths. She'd paid $1,685,000 for it in 2008.
For a midcentury aficionado, the new home has plenty of potential. The same family had owned it for more than 60 years, since its 1950 construction; Headey snapped it up in its first time ever on the market.

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