Massachusetts Avenue Heights 
Blog posts about real estate in the Massachusetts Avenue Heights neighborhood of Washington, DC.
There are currently 3 blog entries related to this category.
DC's Most Expensive Street
Wednesday, May 18th, 2011 at 10:51am. 1274 Views, 0 Comments.
5th Avenue in New York.....North Lake Shore Drive in Chicago.....Turtle Creek Boulevard in Dallas and Louisburg Square in Boston are widely recognized as the most expensive streets for residential real estate in these cities. This begs the question of what is DC's most expensive street?
In a quick informal poll, Tracy Place in Kalorama was the popular answer, although not a clear-cut winner like some of the other cities. Wikipedia anoints Woodland Drive as DC's most expensive street, but lacks a citation backing up this proclamation. Woodland Drive was also recognized as DC's most expensive street by Forbes Magazine in a 2007 story about the nation's most expensive blocks.
In reviewing MLS data of sold listings over the last two years, three…
Hank Paulson Loses $1.05M on DC Home Sale
Sunday, January 2nd, 2011 at 8:20am. 1147 Views, 0 Comments.
Former Treasury Secretary Hank Paulson and wife Wendy recently sold their Massachusetts Avenue Heights home for $3.25M, a whopping $1.05M less than they paid for the home in 2006. The home located near the Washington Cathedral on 32nd St NW was constructed in 1940 and completely renovated in 2001. The 3-level custom home sits in a private .44-acre lot adjacent to a park.
The Paulson's home dropped 24.4% in value their 52 months of ownership, beating the national average loss of 29.3% during the same timeframe. With a net worth estimated to be north of $700M, this loss in the DC luxury real estate market is basically amounts to a rounding error in the Paulson's portfolio.
Hank Paulson Selling DC home for $4.6M
Friday, April 30th, 2010 at 1:30pm. 1538 Views, 1 Comments.
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…
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