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Washington Life Magazine - June 2016

Page 76

HOME LIFE | REAL ESTATE NEWS

Full Circle

Matthew Jemal sells a former DC Design House once owned by his father for $9.1 million in Forest Hills. BY STAC E Y G R A Z I E R P FA R R

1943 to 1949. While at Woodrow Wilson High School, Warren Buffett started his first business selling soft drinks and his own horse-racing tip sheet. When the sellers, Leyla and Anthony Serafino, moved in, they realized Buffett once lived there and they struck up a correspondence with him about his former home. The house has been renovated from top to bottom since then of course and now features two additions, an eat-in chef ’s kitchen, a master bedroom with an en-suite spa bath and fully finished basement. The property was listed by Daryl Judy and Kimberly Casey of Washington Fine Properties and sold by Joan Cromwell Matthew Jemal, vice president of Douglas Development, sold ELLICOTT STREET NW of McEnearney associates. for a cool $9.1 million to an undisclosed buyer. The 2011 DC Design House last sold for $4,247,500 in 2012. The former residence of the late Janice Goldsten Wasserman was originally built for Andre Matini, founder of the Sweet Leaf George N. Everett, a vice president of the fabled Woodward & Lothrop department store, which, cafes and current CEO of JTF Business incidentally, Matthew Jemal’s father, Douglas Development CEO Douglas Jemal, purchased in Systems, purchased DUMBARTON 1999. The seven-bedroom Forest Hills Tudor was built in 1925 and features a great room with STREET NW from a pr ivate LLC for soaring ceilings and exposed beams, a 40-by-60-foot Beverly Hills style swimming pool and a $1,295,000. The gracious Federal townhouse guest house with two additional bedrooms. Washington Fine Properties’ Nancy Taylor Bubes in Georgetown’s East Village was built in listed the house; TTR Sotheby’s International’s Christie-Anne Weiss represented the buyer. 1955 and substantially renovated to include THE DISTRICT Washburn preserved original elements of a posh new kitchen, custom built-ins and a It’s official. President Barack Obama and his the design while renovating it to allow for private walk-out level with rear garden patio. family will be trading in the White House for a grand entertaining spaces and then added a William F. X. Moody, Robert Hryniewicki, stunning 8,200-square-foot house in Kalorama top notch chef ’s kitchen, luxurious master Adam T. Rackliffe, and Christopher R. once he leaves office. The brick residence at suite and entertainment center with glass Leary of Washington Fine Properties listed BELMONT RD NW, built in 1928, features doors to a southern terrace. The purchasers, the property and Michael Ahmadinejad of nine bedrooms and nine baths and a beautiful Margaret Ludlow and Marc Vincent Teillon, Fairfax Realty Inc. sold it. courtyard.The New York Times reports that the are relocating from California. He is in A historic Georgetown Tudor built in Obamas will be renting and Zillow estimates the equities and she will be working on a 1856, once the Market Street Chapel that degree in International Relations at Johns served residents west of Wisconsin Avenue rent to be around $22,000 per month. Architect Alexandros Washburn sold his Hopkins University’s School of Advanced from 1855 to the 1930s, sold for $3.2 million. childhood home at

MASSACHUSETTS International Studies. The buyers were John Hlinko and Katherine Stringer bought AVENUE NW for $2,450,000 after a recent represented by Franky Hoyas of Compass.

RD STREET NW from Eric and Jena top-to-bottom renovation. Washbur n Washington Fine Properties’ Bobbie Watson. Completely renovated in 2012, the five-bedroom property boasts sunny, spacious served as the chief urban designer of New Brewster was the listing agent. York City during the administration of Warren Buffett’s childhood home at rooms and cathedral ceilings and also features Michael Bloomberg when he served as TH STREET NW sold for $1,550,000. a side garden and a charming patio area mayor of New York. The grand Embassy The billionaire financier hung his hat in with a brick privacy wall. Washington Fine Row townhouse near Sheridan Circle was the five-bedroom Tudor when his father, Properties’ Theresa Burt was the listing agent. designed in 1910 by Nicholas T. Haller, Howard Buffett (R-Neb.) was serving in Keller Williams Capital Properties’ Joel Nelson a preeminent architect of the Gilded Age. the U.S. House of Representatives from represented the buyer.

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