Tom Girardi and Erika Jayne’s Pasadena mansion is in foreclosure after a year on the market with no offers.
The iconic Bravo home was initially listed last May for $13 million; the mansion currently sits on the market for $7.98 million. Over the previous year, the house has seen five price cuts.
Because Tom has little to no assets left in his name, the bank seized his home. The Los Angeles Sherriff also placed a lien on the house in late 2020 for failure to pay property taxes.
“The levying officer may be required to take custody of property in your possession or under your control,” the lien says, per The Post. “You have a duty to release tangible personal property to the levying officer.”
The Pasadena mansion was put on the market amid Erika and Tom’s ongoing divorce and legal proceedings. The funds from the sale will go to pay Tom’s creditors and victims amid his bankruptcy case.
The home sits on a 1.72-acre lot and was built in 1928 by notable architect Myron Hunt. Tom initially purchased the house for $1.3 million in 1980, 20 years before marrying Erika.
The Bravo star’s former home features four bedrooms, nine bathrooms, and five fireplaces. On top of that, the home offers a library, a pool, a small chapel, and a walk-in vanity room with balcony access.
Erika moved out of the home in November 2020 and downsized to a $2.4 million three-bedroom residence in Los Angeles. On the same day Erika left her marital home, she also filed for divorce from Tom.
A month later, the couple was hit with a class-action lawsuit, alleging they embezzled settlement funds from the 2018 Lion Air plane crash victims. The lawyers involved also insisted that Erika and Tom’s divorce was a sham and that they were only splitting to hide their assets. Erika has denied the claims.
In 2021, a judge ruled that Tom could remain living in his Pasadena home until it was sold; however, due to his late-onset Alzheimer’s and dementia diagnosis, he’s unable to live at home and has since moved into an assisted living facility. He is believed to be living at Belmont Village Senior Living.
RHOBH will return to Bravo for season 12 in 2022.
Thoughts on this all? Sound off below!
Follow AllAboutTRH On Instagram.
Follow AllAboutTRH On Twitter.
Like AllAboutTRH On Facebook.