Real Estate

$8M Chevy Chase Condo Back on the Market

After purchasing the Parc Somerset condo for nearly $8 million last December, the condo's owners have decided to put the condo back on the market.

 

The most expensive residential property sold in Chevy Chase last year is back on the market.

Apartment No. 1801 at 5630 Wisconsin Ave. sold for $7,950,000 on Dec. 17, 2012, Chevy Chase Patch reported. The two-bedroom, four-bathroom, 3,400-square-foot apartment at the Parc Somerset "is believed to be the highest price ever [paid] for a condominium in Greater Washington," Washington Business Journal reported.

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But, the couple who purchased the condominium has decided to develop other property interests, Washington Business Journal added.

Before last December, the last time that this particular condominium sold was in 2000, for $3.1 million, Washington Business Journal reported.

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Read more about the property on Washington Business Journal's website.

What do you think the apartment will sell for this time around? Tell us your guesses in the comments.


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