Edward Everett House (Turkish Embassy) - Library of Congress

EDWARD EVERETT HOUSE (TURKISH EMBASSY)
1606 23rd Street, N. W.
HABS No. DC-258 (Page 10)
The Turkish Republic purchased 1606 23rd Street in April 1936
Although the Star (9-9-56) wrote that Turkey paid "a reported
$265,000," the deed indicated the value of the transaction
was more - approximately $402,000. Turkey assumed two deedsin-trust
totaling $258,000. The $144 stamp tax levied on the
transaction shows that an additional $144,000 was paid for
the property. (The Internal Revenue Stamp Tax was imposed at
the rate of $.50 per $500 and excluded assumed trusts.) The
assessed value of the property in 1936 was $390,000 ($80,000
for the ground and $310,000 for improvements).
Sources: General Assessment, Washington, D. C. 1935-1936:
Squares 1-2753, Vol. I, Washington, D. C: Rufus S.
Lusk, 1936.
The Evening Star, 6-18-32, B 2:1.
The Sunday Star, 9-9-56, D 1:1.
The Washington Post, 9-18-32, 15:6.