Ashlee Simpson and Pete Wentz Seek Split from Beverly Hills Home

Platinum-selling pop artist Ashlee Simpson and husband Pete Wentz, a bassist for punk-pop band Fall Out Boy, are heading toward splitsville and did as many divorcing couples do: They put their home on the market - and, of course, immediately began hashing out details for custody of their son.

But since Simpson-Wentz, sister to Jessica Simpson, purchased the three-story Mediterranean in 2007 before the 26-year-old had reason to hyphenate her surname, there may be less of a battle over who gets the home sale proceeds. Their Beverly Hills mansion is listed for $3.695 million or it can be rented for $20,000 per month, according to the listing details.

Although this past co-star of 90210 and 7th Heaven married a short while after the purchase, she paid $4.5 million for the mansion, Shelterpop reported last year.