$1,300,000

Residences at Market Square - East Tower 701 Pennsylvania Ave NW Unit 1116 Washington, DC 20004

Penn Quarter Neighborhood

Estimated payment $10,968/month

Total Views 5,340
2 Beds
2 Baths
1,278 Sq Ft
$1,017 Price per Sq Ft

Highlights

  • Roof Top Pool
  • 1-minute walk to Archives-Navy Memorial
  • 24-Hour Security
  • Thomson Elementary School Rated A-
  • Fitness Center
  • Contemporary Architecture

About This Home

Newly listed! Ideally situated between the White House and the U.S. Capitol, this stunning condo in the coveted Market Square East Condo Association offers unparalleled access to business, culture and entertainment in the heart of the nation’s capital. With a 99 Walk Score, proximity to Metro, the Waldorf Astoria, top-tier restaurants, premier retail, and the Capital One Arena, you’ll enjoy the best of city living at your doorstep. It’s also conveniently located near the Departments of Treasury, Justice, and Commerce.
A true standout feature of this residence is the private terrace, offering breathtaking panoramic views of the U.S. Capitol, National Mall, and Washington Monument—a view that will be the envy of all.
Upon entering, you’re welcomed into a spacious foyer that sets the stage for the elegance within. To the left, the generously sized living room opens onto a wraparound balcony, where you can take in the sweeping cityscape. Adjacent to the living room, the formal dining area offers seamless sightlines to the kitchen, creating an inviting space for both entertaining and everyday living.
To the right of the foyer, you’ll find two well-proportioned bedrooms and bathrooms, offering comfort and privacy. The condo also includes the convenience of an in-unit washer and dryer.
This amenity-rich, pet-friendly building features a rooftop pool (open from Memorial Day to Labor Day), a state-of-the-art fitness center, and a 24-hour front desk for security and service. The condo fee includes premium cable and high-speed internet, and garage parking is available for rent on a daily or monthly basis.
Experience luxury, convenience, and unmatched views in this exceptional residence, perfectly positioned for both business and pleasure in the heart of Washington, D.C.

Listing Agent

Joan Caton Cromwell

TTR Sotheby's International Realty

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,959

Year Built

  • Built in 1991

HOA Fees

  • $2,799 Monthly HOA Fees

Parking

  • On-Site Parking for Rent

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,278 Sq Ft Home
  • Property has 1 Level
  • Crown Molding
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Roof Top Pool
  • Terrace
  • Wrap Around Porch

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • 150 Amp Service
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in good condition

Listing and Financial Details

  • Tax Lot 5149
  • Assessor Parcel Number 0408//5149

Community Details

Overview

  • Association fees include cable TV, high speed internet, insurance, security gate, reserve funds, water, trash, management, health club, common area maintenance
  • High-Rise Condominium
  • Market Square East Condos
  • Central Community
  • Central Subdivision
  • Property Manager

Amenities

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,959

Year Built

Built in 1991

Lot Details

0

HOA Fees

$2,799 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Stove, Refrigerator, Dishwasher, Washer, Dryer
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1991
  • Remarks Public: Newly listed! Ideally situated between the White House and the U.S. Capitol, this stunning condo in the coveted Market Square East Condo Association offers unparalleled access to business, culture and entertainment in the heart of the nation’s capital. With a 99 Walk Score, proximity to Metro, the Waldorf Astoria, top-tier restaurants, premier retail, and the Capital One Arena, you’ll enjoy the best of city living at your doorstep. It’s also conveniently located near the Departments of Treasury, Justice, and Commerce. A true standout feature of this residence is the private terrace, offering breathtaking panoramic views of the U.S. Capitol, National Mall, and Washington Monument—a view that will be the envy of all. Upon entering, you’re welcomed into a spacious foyer that sets the stage for the elegance within. To the left, the generously sized living room opens onto a wraparound balcony, where you can take in the sweeping cityscape. Adjacent to the living room, the formal dining area offers seamless sightlines to the kitchen, creating an inviting space for both entertaining and everyday living. To the right of the foyer, you’ll find two well-proportioned bedrooms and bathrooms, offering comfort and privacy. The condo also includes the convenience of an in-unit washer and dryer. This amenity-rich, pet-friendly building features a rooftop pool (open from Memorial Day to Labor Day), a state-of-the-art fitness center, and a 24-hour front desk for security and service. The condo fee includes premium cable and high-speed internet, and garage parking is available for rent on a daily or monthly basis. Experience luxury, convenience, and unmatched views in this exceptional residence, perfectly positioned for both business and pleasure in the heart of Washington, D.C.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Stove, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Entry Floor: 11
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Combination Dining/Living, Crown Moldings, Entry Level Bedroom, Primary Bath(s), Upgraded Countertops, Window Treatments
  • Window Features: Double Pane
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Laundry, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1278
  • Living Area Sq Ft: 1278
  • Price Per Sq Ft: 1017.21
  • Above Grade Finished Sq Ft: 1278
  • 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: Brick Veneer, Concrete
  • Spa: No
  • 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
  • Electric Service: 150 Amps
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Desk In Lobby, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Fiber Optic, Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2799.20
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Market Square East
  • HOA Condo Co-Op Amenities: Fitness Center, Pool - Rooftop, Security, Storage Bin
  • HOA Condo Co-Op Fee Includes: Cable Tv, High Speed Internet, Insurance, Security Gate, Reserve Funds, Water, Trash, Management, Health Club, Common Area Maintenance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Rooftop

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: CALL SCHOOL BOARD
  • Middle School: CALL SCHOOL BOARD
  • High School: CALL SCHOOL BOARD
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121140357950
  • School District Source: Listing Agent
  • Elementary School: CALL SCHOOL BOARD
  • High School: CALL SCHOOL BOARD
  • Middle Or Junior School: CALL SCHOOL BOARD

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Outdoor Living Structures: Balcony, Terrace, Wrap Around
  • Property Condition: Good
  • Soil Types: Urban Land-Manor-Glenelg
  • Year Assessed: 2024
  • Zoning: MIXED USE
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 10959.00
  • Assessor Parcel Number: 0408//5149
  • Tax Lot: 5149
  • Tax Total Finished Sq Ft: 1278
  • County Tax Payment Frequency: Annually
  • Tax Year: 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

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 $10,959 $1,304,480 $391,340 $913,140
2023 $11,046 $1,314,240 $394,270 $919,970
2022 $10,862 $1,291,640 $387,490 $904,150
2021 $11,059 $1,314,400 $394,320 $920,080
2020 $10,830 $1,274,090 $382,230 $891,860
2019 $10,810 $1,271,780 $381,530 $890,250
2018 $10,799 $1,270,510 $0 $0
2017 $10,390 $1,222,360 $0 $0
2016 $9,971 $1,173,030 $0 $0
2015 $9,682 $1,139,050 $0 $0
2014 $9,268 $1,090,410 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Price Changed $1,300,000 -7.1% $1,017 / Sq Ft
02/22/2025 02/22/25 Price Changed $1,400,000 -6.7% $1,095 / Sq Ft
01/31/2025 01/31/25 For Sale $1,500,000 -- $1,174 / Sq Ft
Source: Bright MLS

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Source: Bright MLS

MLS Number: DCDC2177112

Bright MLS

APN: 0408-5149

District of Columbia District of Columbia County Washington 20004 Penn Quarter

701 Pennsylvania Ave NW Unit 1116, Washington, DC

Homes for Sale in Washington, DC

This home is located at 701 Pennsylvania Ave NW Unit 1116, Washington, DC 20004 and is currently priced at $1,300,000, approximately $1,017 per square foot. This property was built in 1991. 701 Pennsylvania Ave NW Unit 1116 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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Joan Caton Cromwell
Listing Agent
Joan Caton Cromwell
Section Image
TTR Sotheby's International Realty
(202) 441-8912