NOT LISTED FOR SALE

601 Pennsylvania Ave NW Unit 1101 Washington, DC 20004

Penn Quarter Neighborhood

Estimated Value: $321,000 - $428,000

-- Bed
1 Bath
557 Sq Ft
$500/mo HOA Fee

Last Sold June 20, 2023

Last sale price $351,000 $630 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,678/month

Highlights

  • Fitness Center
  • 1-minute walk to Archives-Navy Memorial
  • Contemporary Architecture
  • Thomson Elementary School Rated A-
  • Gated Community
  • Elevator

About This Home

As of February 2024

Indulge in the epitome of sophistication with this meticulously remodeled studio condo, ideally located just one block from the National Mall and all the world-renowned Smithsonian museums. This tastefully upgraded space offers an unparalleled blend of historic charm and modern opulence. Nestled in a prime location, this studio condo immerses you in the heart of Washington, D.C.'s cultural and historical treasures.

As you step inside this refined studio condo, you'll be greeted by a luxurious atmosphere where no detail has been spared. The entire space has been thoughtfully remodeled with exquisite Italian marble flooring that exudes elegance. Quartz countertops grace the kitchen, perfectly complementing the brushed gold fixtures and stainless steel Whirlpool appliances. The living area seamlessly combines style and tranquility. Featuring ample space for sleeping and entertaining. The bathroom showcases modern fixtures and a spacious shower, enveloping you in spa-like luxury.

Property amenities include 24/7 concierge service, a fully equipped fitness center and unmatched rooftop views. Beyond the immediate allure of the National Mall and Smithsonian museums, you'll discover a wealth of dining, shopping, and entertainment options in the surrounding neighborhood.

This remodeled studio condo offers a harmonious blend of comfort and convenience. Immerse yourself in the essence of the nation's capital from your doorstep while relishing the lavish upgrades and modern amenities that this refined space provides.

Last Agent to Rent the Property

Jay Portlance

TTR Sotheby's International Realty License #666174 Listed on: 12/18/2023

TTR Sotheby's International Realty

Co-Listed By

Tia Glover

TTR Sotheby's International Realty

Last Renter's Agent

Crystal Atkins

Fairfax Realty Premier

Fairfax Realty Premier

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,869

Year Built

  • Built in 1991

Lot Details

  • Property is in excellent condition

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Studio

Interior Spaces

  • 1 Full Bathroom
  • 557 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Parking

  • On-Site Parking for Rent
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,000
  • $500 Move-In Fee
  • Tenant pays for all utilities
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 12/18/23
  • $38 Application Fee
  • Assessor Parcel Number 0459//2113

Community Details

Overview

  • Association fees include water, custodial services maintenance, insurance, reserve funds, snow removal, trash, security gate
  • High-Rise Condominium
  • Central Community
  • Central Subdivision

Amenities

  • Recreation Room
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,869

Year Built

Built in 1991

Lot Details

0

HOA Fees

$500 per month

Rental Info

  • Date Available: 2023-12-18
  • Application Fee: 38.00
  • Pets Allowed: No
  • Security Deposit: 2000.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Utilities - All
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Move In Fee: 500.00
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • New Construction: No
  • Story List: Main
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Interior Amenities: Studio
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 557
  • Living Area Sq Ft: 557
  • Price Per Sq Ft: 3.59
  • Above Grade Finished Sq Ft: 557
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 601

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: On-Site - Rent
  • Type Of Parking: Off Street

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: 500.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Recreational Center, Elevator, Exercise Room, Security, Gated Community
  • HOA Condo Co-Op Fee Includes: Water, Custodial Services Maintenance, Insurance, Reserve Funds, Snow Removal, Trash, Security Gate
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Property Condition: Excellent
  • Zoning: RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 0459//2113
  • Close Date: 02/17/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
Jun 20, 2023
Sold by
Homan Jill L
Bought by
Vides William
Seller's Agent
Chelsea Traylor
Redfin Corp
Buyer's Agent
Vicki Reyes
RE/MAX Realty Centre, Inc.
List Price
$360,000
Sold Price
$351,000
Premium/Discount to List
-$9,000
-2.5%
Views
38
Current Estimated Value
$365,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,364
Avg. Annual Appreciation
-0.05%
Original Mortgage
$200,000
Outstanding Balance
$194,738
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$155,869

Purchase Details

Closed on
Jun 16, 2006
Sold by
Shaw Caitlin C
Bought by
Homan Jill I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,800
Interest Rate
6.58%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 29, 2005
Sold by
Wyse Roger
Bought by
Shaw Caitlin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,675
Interest Rate
5.54%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 28, 1999
Sold by
Brown Steven J
Bought by
Duie Jaleh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.85%

Purchase Details

Closed on
Dec 24, 1997
Sold by
Assoc Of American Medical Coll
Bought by
Sirgh Jana D

Purchase Details

Closed on
Jul 24, 1996
Sold by
Te Gary Altman
Bought by
Brown Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,500
Interest Rate
8.37%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vides William $351,000 First American Title
Homan Jill I $292,000 --
Shaw Caitlin C $284,500 --
Duie Jaleh $106,250 --
Sirgh Jana D -- --
Brown Steven J $79,915 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vides William $200,000
Previous Owner Homan Jill I $270,550
Previous Owner Homan Jill I $232,450
Previous Owner Homan Jill I $43,800
Previous Owner Homan Jill I $233,600
Previous Owner Shaw Caitlin C $42,675
Previous Owner Shaw Caitlin C $227,600
Previous Owner Duie Jaleh $85,000
Previous Owner Brown Steven J $60,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2024 02/17/24 Rented $2,000 0.0% --
12/18/2023 12/18/23 For Rent $2,000 0.0% --
06/20/2023 06/20/23 Sold $351,000 -2.5% $630 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $360,000 -- $646 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

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 $2,869 $352,700 $105,810 $246,890
2023 $2,800 $344,120 $103,240 $240,880
2022 $2,805 $343,820 $103,150 $240,670
2021 $2,795 $342,170 $102,650 $239,520
2020 $2,780 $327,110 $98,130 $228,980
2019 $2,937 $345,520 $103,660 $241,860
2018 $2,918 $343,330 $0 $0
2017 $2,949 $346,960 $0 $0
2016 $2,172 $327,180 $0 $0
2015 $1,981 $304,400 $0 $0
2014 $1,834 $285,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2122204

Bright MLS

APN: 0459-2113