$730,000
SOLD APR 17, 2025
1 Bed
1 Bath
787 Sq Ft
$1,083/mo HOA Fee

Recently Sold

$928 Per Sq Ft

9% Below List Price

25 Days on Market

Highlights

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

About This Home

As of April 2025

This exquisitely renovated condominium, in pristine turnkey condition, is situated in one of the most coveted tiers at The Residences at Market Square. Positioned along the crescent, the residence is bathed in dazzling natural light with sweeping monumental views from every window. Residence 1122 features an elegantly designed and highly functional floor plan with multiple exposures, showcasing premium upgrades installed after the current owner's purchase in 2021 like the reclaimed white oak hardwood floors, new heat pump and water heater, new washer and dryer, and new light fixtures. Three sets of French doors lead to a private terrace, offering breathtaking views of the National Archives, National Gallery of Art East Building, the U.S. Capitol, and U.S. Navy Memorial. The primary bedroom features two closets, one of which is a walk in closet. The bathroom features dual entries for ease of access from the bedroom or main hallway. The kitchen features modern stainless steel appliances and granite counters with a large serving counter that brings in an abundance of light from the living area. Storage unit number 49 conveys with unit! The owner rents a garage parking space from Colonial Parking at the bottom of the building for $250/month, space number R29.

The building’s exceptional amenities include a 24/7 concierge, a modern fitness center, and an unparalleled rooftop terrace with a saltwater pool, grilling station, plenty of rooftop seating areas, and meticulously landscaped spaces. The roof deck features a large unobstructed view of the 4th of July firework display, the Inaugural Parade and various additional events, as well as, the Washington Monument, Capitol Building, Lincoln Memorial, Old Post Office Pavilion (Waldorf Astoria), Arlington skyline, among various other Federal buildings. On the far end of the block in which the building is located is the Archives/Penn Quarter Metro station with access to the green and yellow line. Located in the heart of Penn Quarter, this sophisticated condominium surpasses all expectations of luxury, style, and convenience.

Last Agent to Sell the Property

Eric Fafoglia

Compass License #0225242473

Compass

Co-Listed By

Justin Kelley

Compass License #5012724

Last Buyer's Agent

Judi Seiden

Berkshire Hathaway HomeServices PenFed Realty License #BR96763

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,302

Year Built

  • Built in 1990

HOA Fees

  • $1,083 Monthly HOA Fees

Home Design

  • Federal Architecture
  • Stone Siding

Interior Spaces

  • 787 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • On-Site Parking for Rent
  • Assigned Parking

Utilities

  • Air Source Heat Pump
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Roof Top Pool
  • Property is in excellent condition

Listing and Financial Details

  • Tax Lot 5049
  • Assessor Parcel Number 0408//5049

Community Details

Overview

  • Association fees include common area maintenance, cable TV, high speed internet, pool(s), snow removal, trash, water, exterior building maintenance, sewer
  • High-Rise Condominium
  • The Residences At Market Square Condos
  • Central Community
  • Penn Quarter Subdivision
  • Property Manager

Amenities

  • Concierge

Recreation

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,302

Year Built

Built in 1990

Lot Details

0

HOA Fees

$1,083 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Federal
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1990
  • Automatically Close On Close Date: No
  • Remarks Public: This exquisitely renovated condominium, in pristine turnkey condition, is situated in one of the most coveted tiers at The Residences at Market Square. Positioned along the crescent, the residence is bathed in dazzling natural light with sweeping monumental views from every window. Residence 1122 features an elegantly designed and highly functional floor plan with multiple exposures, showcasing premium upgrades installed after the current owner's purchase in 2021 like the reclaimed white oak hardwood floors, new heat pump and water heater, new washer and dryer, and new light fixtures. Three sets of French doors lead to a private terrace, offering breathtaking views of the National Archives, National Gallery of Art East Building, the U.S. Capitol, and U.S. Navy Memorial. The primary bedroom features two closets, one of which is a walk in closet. The bathroom features dual entries for ease of access from the bedroom or main hallway. The kitchen features modern stainless steel appliances and granite counters with a large serving counter that brings in an abundance of light from the living area. Storage unit number 49 conveys with unit! The owner rents a garage parking space from Colonial Parking at the bottom of the building for $250/month, space number R29. The building’s exceptional amenities include a 24/7 concierge, a modern fitness center, and an unparalleled rooftop terrace with a saltwater pool, grilling station, plenty of rooftop seating areas, and meticulously landscaped spaces. The roof deck features a large unobstructed view of the 4th of July firework display, the Inaugural Parade and various additional events, as well as, the Washington Monument, Capitol Building, Lincoln Memorial, Old Post Office Pavilion (Waldorf Astoria), Arlington skyline, among various other Federal buildings. On the far end of the block in which the building is located is the Archives/Penn Quarter Metro station with access to the green and yellow line. Located in the heart of Penn Quarter, this sophisticated condominium surpasses all expectations of luxury, style, and convenience.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 11
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 787
  • Living Area Sq Ft: 787
  • Price Per Sq Ft: 1016.52
  • Above Grade Finished Sq Ft: 787
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 801

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone
  • 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: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby, 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1083.14
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Residences at Market Square
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Fitness Center, Pool - Rooftop, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Cable Tv, High Speed Internet, Pool(s), Snow Removal, Trash, Water, Ext Bldg Maint, Sewer
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Saltwater, Rooftop

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

  • Pets: Size/Weight Restriction, Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 7302.00
  • Assessor Parcel Number: 0408//5049
  • Tax Lot: 5049
  • Tax Total Finished Sq Ft: 787
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 04/17/2025

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

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
04/17/2025 04/17/25 Sold $730,000 -8.8% $928 / Sq Ft
03/22/2025 03/22/25 Pending -- -- --
02/25/2025 02/25/25 For Sale $800,000 -2.2% $1,017 / Sq Ft
03/10/2021 03/10/21 Sold $818,000 -3.7% $1,039 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $849,000 -- $1,079 / 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 $7,089 $849,210 $254,760 $594,450
2023 $7,302 $873,770 $262,130 $611,640
2022 $6,781 $811,470 $243,440 $568,030
2021 $4,940 $818,080 $245,420 $572,660
2020 $3,030 $788,540 $236,560 $551,980
2019 $3,056 $793,880 $238,160 $555,720
2018 $3,059 $793,000 $0 $0
2017 $2,813 $734,280 $0 $0
2016 $2,713 $710,090 $0 $0
2015 $5,222 $685,720 $0 $0
2014 $4,912 $648,080 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,000 New Conventional
Previous Owner $380,000 New Conventional
Previous Owner $390,000 New Conventional
Previous Owner $416,000 New Conventional
Previous Owner $176,250 Unknown
Previous Owner $472,500 New Conventional
Previous Owner $475,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $818,000 Paragon Title & Escrow Co
Special Warranty Deed $520,000 --
Trustee Deed $365,500 --
Deed $462,500 --
Source: Public Records

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Source: Bright MLS

MLS Number: DCDC2159548

Bright MLS

APN: 0408-5049