TMZ said Anderson defaulted on his mortgage and the unnamed bank recently sold the home for $1 million, which is $225,000 less than what Anderson paid for it in 1999, the entertainment site said.
The show MTV Cribs featured Anderson’s mansion in 2007. The show said it had 10 bedrooms, 12 baths and a movie theater within its 14,000 square feet of space. Anderson introduced the home as “Taj Jamal.” The home was immaculately furnished, down to the bathroom tiles Anderson said were imported from Spain. The home also features a pool and basketball court. “I had all of these things already laid out when I bought this house, and I just did a couple of little things to clean it up and make it look a little bit better,” Anderson told the MTV Cribs audience.