Hank Paulson Selling DC home for $4.6M
Posted by Mark Washburn on Friday, April 30th, 2010 at 12:30pm.Primo Massachusetts Avenue Heights Location
Former Treasury Secretary Henry Paulson is selling his Massachusets Avenue Heights home for 4.6M. Hank and Wendy Paulson purchased the home located near the Washington Cathedral on 32nd St NW in 2006 for $4.3M. This 3 BR / 3 BA home was constructed in 1940 and was completely renovated in 2001. This three-story home includes a master-suite with living area and a home office. Key features of the home include custom stone finishes, over-sized custom windows and a very private .44-acre wooded lot that is adjacent to a park.
In an interesting twist of fate, this home was previously owned by former New Jersey Governor Jon Corzine, who later served as co-CEO of Goldman Sachs with Hank Paulson, before Paulson squeezed him out. Unless the Paulsons garner a full or near full price offer, after selling expenses this investment will come up in the red for the controversial former Treasury Secretary.
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Posted on Saturday, May 1st, 2010 at 6:13pm.