Katy Perry Finally Sells Hollywood Hills Home for $5.5 Million

It's victory for Katy Perry and she must be 'Roaring' with joy. The pop crooner has reportedly managed to unload her Hollywood Hills home for $5.5 million, according to several news reports.

The 'Who You Love' singer took a considerable loss on her asking price, but we think she cut a neat deal on the sale, especially after the residence spent a little more than a year on the market. In December 2013, we reported the home had gotten a 'sale pending' sign on it. Just about a week later, the contract has gone through.

Perry was initially shopping around for a buyer privately, asking $8 million for the place. Even as she did hold it as a pocket listing, she price chopped a million off its cost. She then said she would accept any price around $6 million.

In April 2013, she listed it for $6.9 million before bringing the price down to $6.4 million by June. Perry was so desperate to sell that she declared that she would even go under the $6 million price bar. She finally managed to close in on $5.5 million.

Perry got the house as a part of her divorce deal, when she split with actor Russell Brand. Brand had transferred ownership of the home to Perry when they ended their 14-month marriage. Perry had purchased the place with Brand in 2011, but never lived in the residence.

According to the listing records, the home is a spacious 8855 square-feet residence comprising of seven bedrooms and seven full and four half bathrooms. The three-story home has dark-stained hardwood flooring, beamed wooden ceilings and large Palladian windows.

Living spaces include a large drawing room, a paneled dining room, a library, a gallery and a media lounge. The kitchen is a gourmet culinary place with modern fittings and fixtures. The place also has a breakfast area, a snack counter and a mid-rise island.

Outside, the home has a double story detached structure that has a three car garage upstairs and a quarter for maids along with a studio on the lower level. Another detached guest house and a swimming pool also exist on the property.

Check out the photos of the home, here.

Katy Perry had a rocky 2013. But by the end of it, it all turned out to be super good. She not only managed to a get a 'Sale Pending' on the Hollywood Hills home but also rekindled her romance with John Mayer.

The couple partied away in Las Vegas to welcome 2014. While Mayer posted an adorable picture of Perry on Tumblr, Perry tweeted:

If I forget to tell you Happy New Year just know I had a really great time tonight!

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