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smackodu

Senior Member
Joined
Aug 5, 2008
Professional Status
Certified Residential Appraiser
State
Maryland
I was doing some research tonight for an assignment in DC. I stumbled across the recent sale of a property at 3006 Albemarle Street NW for $7,050,000. Here is how the public record reads when it comes to recent transfers.

Grantee

05-05-2009 $7,050,000 Embassy of the Republic of Iran

11-05-2008 $6,700,000 Hallie M. Bastian, Trustee

04-29-2008 $0 Wendy F. Raines

I believe Wendy was married to Franklin at the time of the transfer.

Maybe Andy could look deeper into this story an explain it. I'll just say I found it interesting. I'm sure my MC form will show property values were increasing during this period!
 
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