Above Asking: A $450,000 Premium For Madeleine Albright's Home

• December 1st 2023

by UrbanTurf Staff

In this week's installment of Above Asking, UrbanTurf highlights a couple of homes that recently sold at premiums, including the Georgetown home of the late Madeline Albright. 

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$150,000 Premium For a Mid-Century Modern Next to American University

Located on a lot next to American University, this mid-century modern home that we recently featured in Best New Listings found a buyer in under a week, and recently sold for well above its initial asking price. With the exception of a few updates for modern conveniences, the design and finishes haven't been touched in many decades - and still exude a classic feel. UrbanTurf's favorite feature of the home is the library, with floor-to-ceiling shelving, backed by wood panels. The bedrooms are all fairly spacious and the primary suite includes two closets and an en-suite bathroom with colorful tiles. 

• Full Listing: 4400 Springdale Street NW (map)
• List Price: $1,150,000
• Sales Price: $1,299,000
• Bedrooms: Three
• Bathrooms: 2.5
• Square Feet: 2,057
• Year Built: 1953
• Listing Agents: Caroline Heinen & Michael Heinen, TTR Sotheby's International Realty 

Photo Courtesy of Mark Kokkoros 

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Madeleine Albright's Georgetown Home Sells For Half a Million Above Asking

The late Madeleine Albright's four-bedroom home along 34th Street went under contract earlier this month, and recently sold for nearly half a million dollars above its $4 million asking price. The former U.S. Secretary of State purchased the four-bedroom townhouse with he ex-husband for around $100,000 in 1968. The 4,000 square-foot listing has a large patio and garden, as well as an oversized two-car garage that was "repurposed for diplomatic security", according to The Wall Street Journal. 

• Full Listing: 1318 34th Street NW (map)
• List Price: $4,000,000
• Sales Price: $4,450,000
• Bedrooms: Four
• Bathrooms: 4.5
• Year Built: 1853
• Listing Agents: Michael Rankin and Logan MacKethan, TTR Sotheby's International Realty

Photo courtesy of Townsend Visuals. 

This article originally published at https://dc.urbanturf.com/articles/blog/above_asking_a_450000_premium_for_madeleine_albrights_home/21739.