Detroit — The mansion made famous by Motown Records founder Berry Gordy Jr. and once hosted the likes of Stevie Wonder and Diana Ross is up for sale for an unofficial $1.395 million.

That’s the initial idea, but the hope is to post an official list price Monday, said Kenan Bakirci, a sales associate for Coldwell Banker Weir Manuel in its Birmingham/Bloomfield South office.

Owner Cynthia Reaves confirmed the Boston Edison home will be put on the market in a few days. She declined to give the reasons for selling. The nearly 10,000-square-foot mansion was Gordy’s home for many years.

Gordy was the owner until February 2002, when he transferred the property to Vintage LLC, a Los Angeles company, according to a quit claim deed filed with the Wayne County Register of Deeds. Nine months later, Vintage transferred ownership through a warranty deed to Reaves, who lived in Los Angeles at the time, according to the deeds.

After gaining ownership, Reaves took out two mortgages — one in November 2002 and another a year later — for a total of $700,000, according to the records.

Reaves restored the four-story Venetian Renaissance-style mansion, which has five fireplaces, seven dining areas, a private gym, wine cellar and a pool house.

Reaves marketed the home as the Motown Mansion and used it to host social and political gatherings, including events for then-Sen. Barack Obama, Gov. Jennifer Granholm and U.S. Sen. Debbie Stabenow, D-Mich.

Related Posts Plugin for WordPress, Blogger...
Share