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Sold for $1,020,000 on 07/31/23
  • $1,020,000

    701 Pennsylvania Ave APT 1023, Washington, DC 20004

    2beds
    1,673sqft
    Condominium
    Built in 1991
    -- sqft lot
    $1,181,800 Zestimate®
    $610/sqft
    $4,716 Estimated rent

    Home value

    $1,181,800

    $1.08M - $1.30M

    $4,716/mo

    Zestimate® history
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    $4,716/mo

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    $4,848/mo

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    What's special

    Incredible opportunity at one of the district’s most exclusive addresses, The Residences at Market Square. Highlighted by floor to ceiling windows with stunning south facing views of the Washington Monument, Naval War Memorial and more. This two bedroom plus den and two full bath unit is perfect for a discerning buyer who can choose to lightly refresh or fully modernize to taste. Over 1600sqft of efficiently laid out and well proportioned rooms. The sweeping private terrace offers unparalleled outdoor entertainment space…you will want to be in this unit for all of DC’s best public celebrations down Penn Ave as well as Fourth of July Fireworks! Amenities include onsite management, concierge service, roof top deck, a gym on the same floor as this unit, sauna, and under ground parking is available for rent. A LEED certified building designed with a neoclassical facade, the Residences at Market Square offer ultimate access to DC’s finest restaurants, shopping, Smithsonian museums, and so much more. Opportunities like these are hard to come by, don’t miss your chance!

    Zillow last checked: 8 hours ago

    Listing updated: August 01, 2023 at 03:03am

    Listed by:

    Daniel Schuler 301-651-1895,

    Compass,

    Co-Listing Agent: Scott Sachs 301-908-4373,

    Compass

    Bought with:

    Teddy Sonner

    Long & Foster Real Estate, Inc.

    Source: Bright MLS,MLS#: DCDC2092558MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Basement
    • Area: 0
    Heating
    • Heat Pump, Electric
    Cooling
    • Heat Pump, Electric
    Appliances
    • Included: Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Cooktop, Washer, Electric Water Heater
    • Laundry: Washer In Unit, Dryer In Unit, In Unit
    Features
    • Kitchen - Table Space, Combination Dining/Living, Flat
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,673
    • Total interior livable area: 1,673 sqft
    • Finished area above ground: 1,673
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Other
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Pool features: Community
    Lot
    • Features: Urban Land Not Rated
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 0408//5128
    • Zoning: C4
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete
    Condition
    • New construction: No
    • Year built: 1991

    Utilities & green energy

    • Sewer: Public Septic, Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Washington
    • Subdivision: Penn Quarter

    HOA & financial

    Other fees
    • Condo and coop fee: $2,862 monthly

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Condominium

    Price history

    DateEventPrice
    7/31/2023Sold$1,020,000-4.7%$610/sqft
    Source: Bright MLS #DCDC2092558
    7/22/2023Pending sale$1,070,000$640/sqft
    Source: Bright MLS #DCDC2092558
    6/30/2023Contingent$1,070,000$640/sqft
    Source: Bright MLS #DCDC2092558
    4/18/2023Listed for sale$1,070,000-4.9%$640/sqft
    Source: Bright MLS #DCDC2092558
    4/18/2023Listing removed$1,125,000$672/sqft
    Source: Bright MLS #DCDC2062848

    Public tax history

    YearProperty taxesTax assessment
    2025$11,499 -0.2%$1,458,360
    2024$11,527 -8.4%$1,458,360 -2.4%
    2023$12,580 +0.7%$1,494,740 +0.8%

    Find assessor info on the county website

    Neighborhood: Penn Quarter

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: District Of Columbia Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $1,181,800
    2% more+ $23,636
    With Zillow Showcase(estimated)
    $1,205,436