FDIC capital markets specialist buys 3BD from lawyer

Medium a8adfabdb23294175f0e123bdc98cce6 Karl and Shelby Reitz bought a three-bedroom, 2.5-bath home at 1318 N. Carolina Ave. N.E. in Washington D.C. from Jonathan Davidson and Erin W. Sheehy for $780,000 on Oct. 9.

Davidson and Sheehy paid $545,500 for the 1,616-square-foot house in Nov. 2003. It was built in 1912 in the Capitol Hill Historic District subdivision in the neighborhood of Capitol Hill North.

Mr. Reitz is a capital markets specialist at the Federal Deposit Insurance Corp., an independent agency created by the Congress to maintain stability and public confidence in the nation's financial system.

He previously was a financial analyst at Fannie Mae.

He graduated from Washington University in St. Louis (2003).

Sheehy is an associate lawyer at Debevoise & Plimpton LLP. She focuses on securities litigation, enforcement and white collar criminal defense.

She received a B.A. from Brown University (1993) and a J.D. from the Georgetown University Law Center (2001).

According to BlockShopper.com, there have been 4,205 home sales in Washington, D.C. during the past 12 months, with a median sales price of $374,700.

Address: 1318 North Carolina Av NE
Buyer(s): Karl Reitz and Shelby Reitz
Seller(s): Jonathan Davidson and Erin W Sheehy
Sale date: Oct. 9, 2009