Inside American Pickers star Mike Wolfe’s $3.4M real estate empire featuring four mansions & 11 commercial properties
AMERICAN Pickers star Mike Wolfe has invested his show money in real estate, as he has a $3.4million empire featuring four mansions and 11 commercial properties.
The Sun can exclusively reveal Mike’s real estate net worth is approximately $3,467,300.
MANSION LIVING
Mike, 57, and his now ex-wife Jodi, 50, bought a home in Franklin, Tennessee for $182,200 in May 2016.
The stunning 5,062 square-foot home sits on 28 acres of land.
There is even a creek that runs through the property with a bridge to cross over.
Mike was ordered to sign over the marital home to Jodi in their divorce within 30 days of the December 6 dissolution.
The home remains in both of their names today.
On the same block, Mike and Jodi bought a $375,000 home in January 2018 under a business LLC.
The two-level house is 1,834 square feet and sits on 2.1 acres of land.
Mike won the home in their divorce.
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Mike and Jodi also purchased a three-bedroom, two-bathroom home in North Carolina for $450,000 in October 2019.
The 1,422 square-foot vacation home sits on one lot and has stunning views of the Blue Ridge Mountains in Maggie Valley.
Jodi was also granted this home in their divorce.
In June 2020, the same month of his separation from Jodi, Mike purchased a home in Franklin, Tennessee for $1,050,000 under one of their LLC’s.
The 3,153 square-foot mansion, where Mike appears to live today, boasts three bedrooms and three bathrooms and includes a detached garage for the collector to store his antiques.
Mike was awarded the bachelor pad in their divorce.
COMMERCIAL REAL ESTATE
The American Pickers star and his ex also owned a series of commercial real estate properties under their LCC.
Mike was granted all of the commercial properties in their divorce.
The History Channel star bought a commercial property in his native LeClaire, Iowa in January 2009 for just $100.
The 3,168 square-foot building is occupied by store The Shameless Chocoholic.
In December 2010, Mike spent $115,000 on another commercial property in LeClaire.
In March 2013, he bought the lot next door for a purchase price of zero.
One Twenty Nine Coffee & Spirits are renting out the location.
In September 2011, Mike dropped $97,000 on another commercial property in Le Claire that he uses for his store Antique Archaeology.
In November 2013, he spent $23,000 on the plot right next door to extend Antique Archaeology.
With a purchase price of zero, according to Tennessee courts, Mike owns another commercial property in Nashville as of September 2014.
The two-story commercial building is 3,604 square feet and was once owned by tattoo and piercing parlor Slumerican Flagship Store before the business closed down.
Mike also bought a store in Franklin, Tennessee in September 2014 with a purchase price of zero.
In December 2016, Mike dropped $400,000 on a property that is now a bicycle store in Columbia, Tennessee.
He dropped $575,000 in January 2017 for another commercial property in Columbia, Tennessee.
The store there now is called Nashville Olive Oil.
In June 2018, Mike bought two commercial properties in the same downtown area of Tennessee for $200,000 that are just feet apart.
Columbia Motor Alley is there today at one of the lots.
MIKE'S DIVORCE
The Sun previously reported his divorce from Jodi was finalized on December 6, just over one year after she filed to end their 10-year marriage.
In their divorce settlement filed in court and obtained by The Sun, Mike agreed to pay his ex-wife $5,228,878.73 to “provide for the equitable division of the marital estate.”
She will also receive a total sum of $634,000 in alimony.
Jodi will also receive 50 percent of post-tax royalties earned by Mike for seasons 1-10 of American Pickers for the earning period before December 31, 2021.
The court papers claim Mike is to receive one payment for the month of December 2021 for his work on Season 10 of American Pickers, as he shall pay her “exactly $28,000," according to the court papers.
She will also get 40 percent of post-tax royalties earned by Mike for seasons 1-10 of American Pickers for the earning period between January 1, 2022 to December 31, 2026.
Mike was awarded his store and business Antique Archaeology Nashville, and their companies JCM Investments and MRW Inc.
He will also have ownership of Mossy Point Productions.
As for their 9-year-old daughter Charlie, Jodi is the primary residential parent.
She will have custody of their daughter 230.5 days of the year, while Mike has her in his care for 134.5 days.
Mike has been ordered to pay $2,100 a month in child support and to provide medical and dental insurance to his daughter.
They have joint decision-making regarding educational, religious upbringing, non-emergency healthcare and extracurricular activities.
Jodi filed for divorce from Mike in November 2020 in Tennessee.
She cited irreconcilable differences as the reason for divorce after listing June 2020 as their date of separation.
They married on September 7, 2012 in Franklin, Tennessee.
NEW LIFE
He has since moved on with model Leticia Cline.
Mike now stars on American Pickers alongside Danielle Colby, as long-time co-star Frank Fritz was fired from the series.
Frank, 57, last appeared on American Pickers during a March 2020 episode, as he took time off to recover from back surgery, which left him with 185 stitches and two rods in his spine.
During his time off the show, Frank lost 65 pounds, as he is living a healthier lifestyle and is sober from alcohol.
He told The Sun that he entered rehab for alcohol addiction in Iowa for 77 days and is 11 months sober.
Though Frank expressed his desire to return to the History show, Mike revealed Frank had been fired from the show on Instagram in July.
Frank previously told The Sun of their falling out: “I haven’t talked to Mike in two years. He knew my back was messed up, but he didn’t call me up and ask how I was doing. That’s just how it is.
"The show is tilted towards him 1,000 percent. I can’t even bend that far down to show you how much.
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"That’s fine. It’s like you’ve got Aerosmith and there’s Steven Tyler and he’s the frontman. I found my spot, I’m second and he’s number one on the show. That’s no problem with me, maybe he does have a problem.”
Frank still owns his Illinois store, Frank Fritz Finds and resides in his native Iowa.
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