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Rumor: Jessica Simpson Buys $3.5 Million Tennessee Mansion

In a purchase recorded last week with the Davidson County Register of Deeds, Dick and Anne Ragsdale sold their home in Forest Hills’ gated Northumberland development to a buyer represented by Music Row money manager Mary Ann McCready as trustee. The purchase price was $3.47 million. Ragsdale is a well-known healthcare entrepreneur who founded Community Health Systems, among other companies. McCready has previously fronted purchases by superstar couple Keith Urban and Nicole Kidman as well as numerous other A-list Nashville talents. On behalf of the buyer, McCready took out a loan from SunTrust Bank for $2.77 million, which is also the tax-appraisal value of the home at 27 Northumberland with its adjoining parcel. [Link]