$1,533,000
SOLD SEP 16, 2024

Residences at Market Square - East Tower 701 Pennsylvania Ave NW Unit 1021 Washington, DC 20004

Penn Quarter Neighborhood
2 Beds
2 Baths
1,267 Sq Ft
$2,875/mo HOA Fee

Recently Sold

$1,210 Per Sq Ft

4% Below List Price

8 Days on Market

Highlights

  • Fitness Center
  • 1-minute walk to Archives-Navy Memorial
  • Eat-In Gourmet Kitchen
  • Thomson Elementary School Rated A-
  • Penthouse
  • City View

About This Home

As of September 2024

NEW LISTING -- The wait is over for this beautifully reimagined and fully renovated TWO BEDROOM with coveted PRIVATE TERRACE featuring gorgeous Monument views and sweeping city vistas...Enjoy turnkey living with sophisticated charm, designer finishes throughout, exceptional flow and terrace access from nearly every room...UNIT 1021 features: Gracious ENTRY FOYER offers the perfect welcome / Sun-splashed spacious LIVING ROOM / Fabulous GOURMET EAT-IN KITCHEN with oversized BREAKFAST BAR with plentiful seating and gathering space, pretty pendant, sleek counters, enviable cabinet storage, custom backsplash, under cabinet lighting, and fully equipped with GE Monogram refrigerator, GE wall ovens, Jenn-Air microwave, and Bosch dishwasher / Perfectly proportioned DINING ROOM with spectacular views / GUEST BEDROOM with versatile space, two closets, built-ins and an alcove with sconce lighting / FULL BATHROOM beautifully appointed / Luxe PRIMARY SUITE with exceptional, customized walk-in closet plus three additional closets, plantation shutters / ENSUITE PRIMARY BATHROOM with dual sink vanity, built-in full length mirrored medicine cabinet, linen closet, sumptuous frameless glass enclosed bathtub and shower room, and large laundry closet with full-sized, stacked clothes washer&dryer / Breath-taking views of Washington Monument, Archives and cityscape from the wrap-around PRIVATE TERRACE -- ideal for hosting gatherings large and small...SHOWING BY APPT ONLY. Pre Offer Inspections Welcomed -- Settlement Trust is preferred title co.

ABOUT MARKET SQUARE EAST...this sought-after community features a rooftop pool with expansive sundeck and sweeping views, fitness room, 24-hour front desk staff, elevator, and storage unit. Pets allowed (weight restricted). Rental parking space on-site ($255/mo) in Colonial underground garage. Sited at the Navy Memorial, the eye-catching curved facade and pretty plaza setting provide the perfect introduction to this singular community. Located equidistant between the Capitol building and the White House, this community is in the heart of all DC has to offer.

ABOUT PENN QUARTER/NAVY MEMORIAL...Centrally located to the heart Nation's capital with endless convenience...WalkScore = 99 with proximity to Navy Memorial, metro, several museums, National Mall, National Archives Museum, countless world-class culinary, retail art galleries, and special event destinations.

Last Agent to Sell the Property

Kathleen King

Washington Fine Properties, LLC

Washington Fine Properties, LLC

Last Buyer's Agent

Eileen McGrath

Washington Fine Properties, LLC

Washington Fine Properties, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,806

Year Built

  • Built in 1991

Lot Details

  • Property is in excellent condition

HOA Fees

  • $2,875 Monthly HOA Fees

Parking

  • On-Site Parking for Rent

Property Views

  • Scenic Vista

Home Design

  • Penthouse
  • Contemporary Architecture
  • Stone Siding
  • Masonry

Interior Spaces

  • 1,267 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Recessed Lighting
  • Window Treatments

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 5126
  • Assessor Parcel Number 0408//5126

Community Details

Overview

  • Association fees include exterior building maintenance, common area maintenance, health club, management, pool(s), reserve funds, sewer, trash, water, snow removal
  • 105 Units
  • High-Rise Condominium
  • Central Community
  • Penn Quarter Subdivision
  • Property Manager

Amenities

  • Elevator

Recreation

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,806

Year Built

Built in 1991

Lot Details

0

HOA Fees

$2,875 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Pots on terrace, black table and chairs on terrace, fountain on terrace
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: NEW LISTING -- The wait is over for this beautifully reimagined and fully renovated TWO BEDROOM with coveted PRIVATE TERRACE featuring gorgeous Monument views and sweeping city vistas...Enjoy turnkey living with sophisticated charm, designer finishes throughout, exceptional flow and terrace access from nearly every room...UNIT 1021 features: Gracious ENTRY FOYER offers the perfect welcome / Sun-splashed spacious LIVING ROOM / Fabulous GOURMET EAT-IN KITCHEN with oversized BREAKFAST BAR with plentiful seating and gathering space, pretty pendant, sleek counters, enviable cabinet storage, custom backsplash, under cabinet lighting, and fully equipped with GE Monogram refrigerator, GE wall ovens, Jenn-Air microwave, and Bosch dishwasher / Perfectly proportioned DINING ROOM with spectacular views / GUEST BEDROOM with versatile space, two closets, built-ins and an alcove with sconce lighting / FULL BATHROOM beautifully appointed / Luxe PRIMARY SUITE with exceptional, customized walk-in closet plus three additional closets, plantation shutters / ENSUITE PRIMARY BATHROOM with dual sink vanity, built-in full length mirrored medicine cabinet, linen closet, sumptuous frameless glass enclosed bathtub and shower room, and large laundry closet with full-sized, stacked clothes washer&dryer / Breath-taking views of Washington Monument, Archives and cityscape from the wrap-around PRIVATE TERRACE -- ideal for hosting gatherings large and small...SHOWING BY APPT ONLY. Pre Offer Inspections Welcomed -- Settlement Trust is preferred title co. ABOUT MARKET SQUARE EAST...this sought-after community features a rooftop pool with expansive sundeck and sweeping views, fitness room, 24-hour front desk staff, elevator, and storage unit. Pets allowed (weight restricted). Rental parking space on-site ($255/mo) in Colonial underground garage. Sited at the Navy Memorial, the eye-catching curved facade and pretty plaza setting provide the perfect introduction to this singular community. Located equidistant between the Capitol building and the White House, this community is in the heart of all DC has to offer. ABOUT PENN QUARTER/NAVY MEMORIAL...Centrally located to the heart Nation's capital with endless convenience...WalkScore = 99 with proximity to Navy Memorial, metro, several museums, National Mall, National Archives Museum, countless world-class culinary, retail art galleries, and special event destinations.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven - Wall, Washer, Refrigerator, Water Heater
  • Entry Floor: 10
  • Interior Amenities: Breakfast Area, Carpet, Combination Kitchen/Living, Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1267
  • Living Area Sq Ft: 1267
  • Price Per Sq Ft: 1262.04
  • Above Grade Finished Sq Ft: 1267
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 701

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete, Masonry, Stone
  • View: City, Scenic Vista
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: On-Site - Rent

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2875.21
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Extra Storage, Pool - Outdoor, Security
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Common Area Maintenance, Health Club, Management, Pool(s), Reserve Funds, Sewer, Trash, Water, Snow Removal
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Property Condition: Excellent
  • Soil Types: Unknown
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 11806.00
  • Assessor Parcel Number: 0408//5126
  • Tax Lot: 5126
  • Tax Total Finished Sq Ft: 1267
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 09/16/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

About Residences at Market Square - East Tower

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2024 09/16/24 Sold $1,533,000 -4.1% $1,210 / Sq Ft
08/27/2024 08/27/24 For Sale $1,599,000 +39.0% $1,262 / Sq Ft
06/27/2013 06/27/13 Sold $1,150,000 +4.5% $908 / Sq Ft
03/27/2013 03/27/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $1,100,000 -- $868 / 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 $11,815 $1,405,130 $421,540 $983,590
2023 $11,806 $1,403,670 $421,100 $982,570
2022 $11,717 $1,392,280 $417,680 $974,600
2021 $11,928 $1,416,590 $424,980 $991,610
2020 $11,671 $1,373,060 $411,920 $961,140
2019 $11,643 $1,369,790 $410,940 $958,850
2018 $11,632 $1,368,420 $0 $0
2017 $11,095 $1,305,260 $0 $0
2016 $10,648 $1,252,680 $0 $0
2015 $10,428 $1,226,840 $0 $0
2014 -- $1,013,190 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 New Conventional
Previous Owner $679,000 Adjustable Rate Mortgage/ARM
Previous Owner $800,000 Adjustable Rate Mortgage/ARM
Previous Owner $270,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $1,533,000 None Listed On Document
Deed $450,000 --
Source: Public Records

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See All Homes in Washington

Source: Bright MLS

MLS Number: DCDC2154698

Bright MLS

APN: 0408-5126

District of Columbia District of Columbia County Washington 20004 Penn Quarter

701 Pennsylvania Ave NW Unit 1021, Washington, DC

Homes for Sale in Washington, DC

This home is located at 701 Pennsylvania Ave NW Unit 1021, Washington, DC 20004 and is currently priced at $1,533,000, approximately $1,209 per square foot. This property was built in 1991. 701 Pennsylvania Ave NW Unit 1021 is a home located in District of Columbia with nearby schools including Thomson Elementary School, Cardozo Education Campus, and BASIS DC.

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