Walter Reed, who ended a three-decade career as 22nd Judicial District Attorney when he bowed out of last fall’s race, has sold his north shore digs, a luxury condo in Covington that he’s been trying to unload since last November.
Reed, who was indicted on 18 counts in April, was under the cloud of a federal investigation when he decided in July 2014 not to seek re-election. He put the Claiborne Place condo up for sale a few months later, with an asking price of $619,900. It finally sold Aug. 18. Reed bought the property for $230,000 in 2011 when it was still under construction.
A listing that ran online for the three-story unit touted its elevator, Italian fireplace mantels and custom silk-tasseled drapes. The 3,849-square-foot unit was described as “Old World French Quarter Architectural Influences Meets New.”
The sales document says that Reed is a resident of Orleans Parish, with an address on Gravier Street. He bought the condo in the Central Business District in 2013, paying $212,000, according to records.
Reed is scheduled to go to trial in January on counts on wire fraud, mail fraud, money laundering and filing false statements with the IRS.
Marcy Planer contributed to this report.
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