Sold982d on market
701 Pennsylvania Ave APT 1023
Washington, DC, 20004 • Penn Quarter • District of Columbia
$1,020,000
$610/sqft
2Beds
2Baths
1,673Sqft
1991Built
Property DNA
Contemporary Style
Built 1991 · 35 years of history
Penn Quarter
Concierge · Elevator(s) · Fitness Center
Special Features
Above Grade · Below Grade
$2862/mo HOA
Concierge · Elevator(s) · Fitness Center · Storage
Market activity
Demand and pricing signals for this listing
6 views
People checking out this listing
982 days on market
Established listing
$610/sqft
Price per square foot
About this home
Condo · Built 1991
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!
Standout features identified
Our analysis highlights neoclassical facade, floor to ceiling windows, and roof top deck as key attractions of this home.
Estimated monthly payment
Based on current rates
$9,515/month
Principal & Interest$5,293
Property Tax$1,020
Insurance$340
HOA$2,862
Down payment20% ($204,000)
3%50%
Est. 6.75% rate · 30yr fixed · $816,000 loan
Full calculator →At a glance
Key facts and listing details
TypeCondominium
Year Built1991
HeatingHeat Pump, Electric
CoolingHeat Pump, Electric
ParkingOther
HOA$2,862 monthly
Property
Home typeCondo
Sub-typeCondominium
StyleContemporary
Year built1991
Stories1
Systems
HeatingHeat Pump, Electric
CoolingHeat Pump, Electric
ConstructionConcrete
Water / SewerPublic / Public Septic, Public Sewer
Parking & Outdoor
ParkingOther
Location & Tax
NeighborhoodPenn Quarter
ZoningC4
Annual tax$12,487
Parcel04085128
Bathrooms & Fees
Full baths2
HOA$2,862/mo
Features & details
11 categories of property features
Interior Features
Interior
Kitchen - Table Space
Combination Dining/Living
Flat
Appliances
Microwave
Dishwasher
Disposal
Dryer
Refrigerator
Cooktop
Washer
Electric Water Heater
Heating
Heat Pump
Electric
Cooling
Heat Pump
Electric
Laundry
Washer In Unit
Dryer In Unit
In Unit
Accessibility
None
Exterior Features
Parking
Other
Construction
Concrete
Lot Features
Urban Land Not Rated
Pool Features
Community
Other Structures
Above Grade
Below Grade
Room details
1 room detailed
Basement
0
Listing insights
Market data and value estimates
StatusSold
Days on market982
Est. value$1,198,800
Est. rent$4,352/mo
Tax rate0.65%
Price/sqft$610
On marketApr 18, 2023
PostedApr 18, 2023
Last sold$1,020,000
MLS updatedAug 1, 2023
Tour days6
Views6
How are the schools in Washington?
2 schools rated nearby
Location
Washington, DC, 20004
Price history
11 events
DateEventPrice$/sqftSource
Jul 31, 2023Sold$1,020,000$610Bright MLS
Jul 22, 2023Pending Sale$1,070,000$640Bright MLS
Jun 30, 2023Contingent$1,070,000$640Bright MLS
Apr 18, 2023Listed For Sale$1,070,000$640Bright MLS
Apr 18, 2023Listing Removed$1,125,000$672Bright MLS
Nov 15, 2022Price Change$1,125,000$672Bright MLS
Aug 12, 2022Listed For Sale$1,295,000$774Bright MLS
Apr 1, 2022Listing Removed——Bright MLS
Jan 15, 2022Listed For Sale$1,450,000$867Bright MLS
Nov 27, 2002Sold$827,500$495Public Record
Jun 26, 1995Sold$470,000$281Public Record
Sold$1,020,000
Jul 31, 2023•$610/sqft•Bright MLS
Pending Sale$1,070,000
Jul 22, 2023•$640/sqft•Bright MLS
Contingent$1,070,000
Jun 30, 2023•$640/sqft•Bright MLS
Listed For Sale$1,070,000
Apr 18, 2023•$640/sqft•Bright MLS
Listing Removed$1,125,000
Apr 18, 2023•$672/sqft•Bright MLS
Price Change$1,125,000
Nov 15, 2022•$672/sqft•Bright MLS
Listed For Sale$1,295,000
Aug 12, 2022•$774/sqft•Bright MLS
Listing Removed—
Apr 1, 2022•Bright MLS
Listed For Sale$1,450,000
Jan 15, 2022•$867/sqft•Bright MLS
Sold$827,500
Nov 27, 2002•$495/sqft•Public Record
Sold$470,000
Jun 26, 1995•$281/sqft•Public Record
Tax history
23 years of records
YearTax paidAssessed value
Apr 9, 2025$11,499$1,458,360
Apr 9, 2024$11,527$1,458,360
Apr 9, 2023$12,580$1,494,740
Apr 9, 2022$12,487$1,482,820
Apr 9, 2021$12,760$1,514,420
Apr 9, 2020$12,465$1,466,480
Apr 9, 2018$12,381$1,456,540
Apr 9, 2017$11,396$1,340,740
Apr 9, 2016$10,958$1,289,200
Apr 9, 2015$11,148$1,311,540
Apr 9, 2014$10,144$1,193,380
Apr 9, 2013$10,026$1,179,520
Apr 9, 2012$9,357$1,100,780
Apr 9, 2011$9,357$1,100,780
Apr 9, 2010$9,659$1,136,340
Apr 9, 2009$10,511$1,236,580
Apr 9, 2007$9,288$1,055,430
Apr 9, 2006$8,568$931,340
Apr 9, 2005$7,946$827,720
Apr 9, 2004$6,719$699,880
Apr 9, 2003$4,216$439,185
Apr 9, 2002$4,216$439,185
Apr 9, 2001$5,051$439,185
Nearby homes
Neighborhood details
Local context around this listing
Washington, DC • District of Columbia
Nearby neighborhoods
Adams MorganCapitol HillColumbia HeightsDupont CircleFoggy BottomLogan CirclePetworthSixteenth Street HeightsSouthwest WaterfrontWashington Highlands
Nearby cities
Washington
Nearby zip codes
20001200022000320009200102001120016200192002020032
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