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Posted at 04:01 PM ET, 06/21/2012

Jeffrey Thompson is about to sell his house


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Nearly four months after federal agents raided it, Jeffrey E. Thompson is on the cusp of selling his Crestwood house.

The embattled D.C. businessman listed his four-bedroom, three-and-a-half-bathroom Colonial last Thursday for $1.175 million. Last night, after six days on the market and a weekend open house, the regional real estate listings database indicated that an offer is pending on the home, contingent on an inspection and appraisal.The listing agent, Catherine Czuba of McEnearney Associates, confirmed that the house is under contract.

The house is on Trumbull Terrace NW, a quiet cul-de-sac a block from Rock Creek Park.

When I visited the house in March, the day after the FBI raids, a neighbor who was chasing deer off the property told me that Thompson hadn’t actually lived in the house for months, if not years. A window was broken and the yard was a bit of a mess. But it remains the address where Thompson is registered to vote, and he has listed it as his home address on campaign contributions as recently as last April.

According to real estate records, Thompson bought the house for $366,000 in 1995 from Alexis Herman, the former U.S. labor secretary who has long been a close friend of his.

Why is Thompson selling? His high-priced defense attorney, Brendan V. Sullivan Jr., has declined to comment on the investigation or other matters pertaining to Thompson, citing a policy of not discussing pending investigations involving his clients.

The home is not the only asset Thompson is looking to unload: He has also explored a sale of his health-care company, D.C. Chartered Health Plan, which billed the D.C. government more than $300 million last year. The move comes amid the ongoing federal investigation into his role in campaign financing; a court filing recently revealed that agents seized more than 60 boxes of documents and more than 20 million pages of electronic records from his home and offices.

According to the listing, the house has recently been renovated. It includes four finished levels, a screened-in deck, flagstone terrace and two-car garage. As the listing says, “MOVE RIGHT IN ENJOY LIFE. VERY SPECIAL HOME.”

By  |  04:01 PM ET, 06/21/2012

 
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