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Reply to "New Palace in Forest Hills!"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Probably built for some Russian oligarch, who had to back out at the last minute.[/quote] There's a super interesting public records history here: The original property sold on March 1, 2017. It was sold by the trust of a local philanthropist to an LLC. The LLC bought the home for $1.7m and financed $1.275m from a local NoVA bank. However, in February 2017 someone put in a building application for a one-story brick house. The city granted that permit in June 2017. In May 2017, someone submitted the full plans for the monstrosity you see here. The city granted the building permit for the massive house in August 2017. In May 2018, the house received a permit to install an elevator. The city likely finalized inspections and granted the C of O sometime this fall. To have a house this large means crews were working on this place nonstop for the past 12-15 months. That's a huge amount of people and a lot of capital. In another weird twist, there are no property tax or home sale transaction records on the DC Property tax website. That seems to have been stripped from the system (very odd). The LLC is registered to an atrocious Mediterranean mansion in Fairfax; this house been put up for sale and then de-listed multiple times in the past 12 months. The managers of the LLC (their names are on the loan docs with the DC Recorder of Deeds) seem to do real estate work in the NoVA area as a builder-agent combo. These guys have the title to the house (via the bank), but clearly someone else funded the construction. No clue who that could be, but these guys are holding the bag on the $1.275m mortgage note. [/quote] I can confirm: -previous house was modest -the crews+worksite were massive. Lots of heavy equipment, too.[/quote]
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