Residences at Market Square - East Tower 701 Pennsylvania Ave NW Unit 1007 Washington, DC 20004
Penn Quarter Neighborhood
1
Bed
1
Bath
496
Sq Ft
$804/mo
HOA Fee
Highlights
- Fitness Center
- 1-minute walk to Archives-Navy Memorial
- Open Floorplan
- Thomson Elementary School Rated A-
- City View
- Contemporary Architecture
About This Home
As of February 2025This exquisite contemporary condo at Market Square in Penn Quarter features an open floor plan with natural light and unparalleled building amenities. It seamlessly blends stylish interior living spaces with the allure of majestic city views from a private outdoor terrace, making it an ideal retreat for those seeking comfort and sophistication. As you enter, you'll be greeted by a welcoming entryway leading to the main living area, adorned with gleaming bamboo flooring that extends throughout the space. The beautifully appointed bedroom features double glass doors and floor-to-ceiling mirrored closet doors. The full bathroom has updated penny tile flooring and a spacious vanity. The unit includes a convenient washer and dryer closet for your laundry needs. The modernized kitchen is complete with upgraded counters, cabinets, stainless steel appliances, tile backsplash, and recessed lighting, offering both style and functionality. Adjacent to the kitchen, you'll find a cozy breakfast area, perfect for casual dining. The cozy living room offers a serene retreat, featuring a wall-mounted TV for entertainment and French doors that open up to a delightful terrace with an array of colorful and lush plants, creating an oasis of natural beauty and tranquility right outside your door.
This impressive building offers luxurious amenities, including a fitness center, relaxing sauna, 24-hour front desk, a rooftop pool, and a terrace offering breathtaking panoramic views of the city, making it an ideal setting for gatherings and entertaining.
Situated in close proximity to the Archives Metro Station, museums, fine dining options, shopping destinations, and theaters, this condominium presents an opportunity to experience the vibrant offerings of Washington, DC. Additionally, the availability of garage parking for rent, complete with direct elevator access, provides added convenience for residents at an extra cost per month.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,099
Year Built
- Built in 1991
HOA Fees
- $804 Monthly HOA Fees
Parking
- On-Site Parking for Rent
Property Views
- Scenic Vista
Home Design
- Contemporary Architecture
- Brick Exterior Construction
Interior Spaces
- 496 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- French Doors
- Dining Area
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Flooring
- Bamboo
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Additional Features
- Accessible Elevator Installed
- Terrace
- Property is in very good condition
Listing and Financial Details
- Tax Lot 5112
- Assessor Parcel Number 0408//5112
Community Details
Overview
- Association fees include cable TV, common area maintenance, exterior building maintenance, high speed internet, management, pool(s), sauna, sewer, trash, water
- High-Rise Condominium
- Market Square East Condo
- Market Square East Community
- Penn Quarter Subdivision
- Property Manager
Amenities
- Sauna
Recreation
Pet Policy
- Limit on the number of pets
- Pet Size Limit
Security
- Security Service
Map
About Residences at Market Square - East Tower
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2025 02/14/25 | Sold | $378,500 | -1.7% | $763 / Sq Ft |
| 02/02/2025 02/02/25 | Pending | -- | -- | -- |
| 12/11/2024 12/11/24 | Price Changed | $384,900 | -3.8% | $776 / Sq Ft |
| 09/13/2024 09/13/24 | For Sale | $400,000 | +2.8% | $806 / Sq Ft |
| 02/21/2018 02/21/18 | Sold | $389,000 | 0.0% | $784 / Sq Ft |
| 01/22/2018 01/22/18 | Pending | -- | -- | -- |
| 01/11/2018 01/11/18 | Price Changed | $389,000 | -2.5% | $784 / Sq Ft |
| 11/09/2017 11/09/17 | For Sale | $399,000 | -- | $804 / Sq Ft |
Source: Bright MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,099 | $379,790 | $113,940 | $265,850 |
| 2023 | $3,367 | $410,820 | $123,250 | $287,570 |
| 2022 | $3,387 | $412,190 | $123,660 | $288,530 |
| 2021 | $3,388 | $411,850 | $123,550 | $288,300 |
| 2020 | $3,484 | $409,860 | $122,960 | $286,900 |
| 2019 | $3,536 | $416,010 | $124,800 | $291,210 |
| 2018 | $3,532 | $415,510 | $0 | $0 |
| 2017 | $3,385 | $398,260 | $0 | $0 |
| 2016 | $2,560 | $372,850 | $0 | $0 |
| 2015 | $2,363 | $349,400 | $0 | $0 |
| 2014 | $2,192 | $328,100 | $0 | $0 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $200,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $262,500 | New Conventional | |
| Previous Owner | $66,000 | Stand Alone Second | |
| Previous Owner | $264,000 | New Conventional |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $378,500 | Chicago Title | |
| Special Warranty Deed | $389,000 | Ekko Title Llc | |
| Warranty Deed | $330,000 | -- |
Source: Public Records
Similar Homes in Washington, DC
Source: Bright MLS
MLS Number: DCDC2159122
APN: 0408-5112
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