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Friday, May 18, 2012

TMZ EXCLUSIVE: Ellen DeGeneres Estate: Ryan Seacrest Closes Escrow for under $39 million.

TMZ EXCLUSIVE: Ellen DeGeneres Estate: Ryan Seacrest Closes Escrow for under $39 million.

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**Please feel free to use the story below with proper link and credit**

TMZ Exclusive

Ellen DeGeneres Estate: Ryan Seacrest Officially Proud Owner

60 minutes ago by TMZ Staff

0517_ryan_seacrest_buys_ellen_house_launch

It's official ... Ryan Seacrest is the owner of Ellen DeGeneres' epic, Beverly Hills estate. 

We've learned title was officially transferred to Ryan on Wednesday.  

We have now learned exactly what Ryan paid for the property.  Ellen listed it at $49 million, and although one of our sources told us Ryan paid close to the asking price, we have now confirmed Ryan paid just under $39 mil. 

We broke the story Ryan snagged the estate, which covers a city block and is just shy of 3 acres.  In addition to the 9,200 square foot main house, there are 3 other houses on the property.  The gym is the size of a large health club.

As for Ellen, she bought the main house from "Will and Grace" producer Max Mutchnick for $29 mil and then purchased the surrounding properties.  Bottom line ... we're told Ellen lost money on the deal, but given the real estate slump, she still did ok.

Forbes says Ryan raked in $59 mil last year, so he can afford it.


Tune in to TMZ on TV weekdays Monday through Friday (check http://www.tmz.com/videos for syndicated/local listings at the bottom of the page)

Posted on: Beverly Hills Real Estate-Beverly Hills Homes For Sale

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