NOT LISTED FOR SALE

601 Pennsylvania Ave NW Unit 1112 Washington, DC 20004

Penn Quarter Neighborhood

Estimated Value: $450,066 - $512,000

1 Bed
1.5 Baths
735 Sq Ft
$559/mo HOA Fee

Last Sold February 10, 2023

Last sale price $475,000 $646 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,345/month

20 Days on Market

Highlights

  • Fitness Center
  • 1-minute walk to Archives-Navy Memorial
  • Panoramic View
  • Thomson Elementary School Rated A-
  • Gourmet Kitchen
  • Open Floorplan

About This Home

As of February 2023

*Seller is willing to give 10k credit for points/closing costs.* The embodiment of a homey retreat, or the ideal pied-à-terre, amidst a lifestyle that embraces convenience. A location that nestles you in the heart of our nation’s capital and provides endless opportunities for work, pleasure, history, and more. This charming 1 bedroom condo presents a prestigious Pennsylvania Avenue address and delivers more than one expects. Open and versatile living area to make your own. As a corner unit, the 7 large windows fill the space with an abundance of natural light and showcase fantastic urban views. Hardwood floors and neutral paint colors give a classic appeal. Modern kitchen with GE Profile/KitchenAid stainless appliances, granite countertops, and cabinets with a pop of color give the space a unique vibe. The openness of the floor plan provides a comfortable everyday living environment and makes it easy to entertain, and the half bath provides added convenience. Primary suite is a retreat with access to an ensuite bath, two cosets, and a laundry closet. Building amenities would thrill anyone; newly renovated roof deck with stunning city panoramic views and views of the Capitol building; 24/7 concierge/security, on-site gym with showers, and sauna. The garage below the building grants direct elevator access to The Pennsylvania and its residents are guaranteed a space to rent ($305 monthly through SP Parking). The neighborhood offers it all - close distance to the metro, Capital One Arena, Smithsonian, and other galleries, National mall, Capitol, Tidal Basin, White House, and monuments. Pet friendly and allowed one pet up to 40lbs. Rental restrictions. Annual resident parties hosted by the Association. Amazing on-site management Monday-Friday during business hours. ** BUILDING LENDER LIST OPTIONS IN DOCS SECTION.

Last Agent to Sell the Property

Sue and Allison Goodhart

(703) 362-3221 contracts@thegoodhartgroup.com Compass License #0225025430 Listed on: 01/05/2023

Compass

Last Buyer's Agent

Peter Grimm

(202) 270-6368 peter.grimm@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #SP98366089

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,702

Year Built

  • Built in 1991

Lot Details

  • 87

HOA Fees

  • $559 Monthly HOA Fees

Property Views

  • Panoramic
  • City

Home Design

  • Contemporary Architecture
  • Entry on the 11th floor
  • Brick Exterior Construction

Interior Spaces

  • 735 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Recessed Lighting
  • Window Treatments
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Built-In Oven
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Thomson Elementary School
  • Jefferson Middle School Academy
  • Cardozo Education Campus High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2124
  • Assessor Parcel Number 0459//2124

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, management, reserve funds, trash, water
  • High-Rise Condominium
  • Central Community
  • Central Subdivision
  • Property Manager

Amenities

  • Common Area
  • Sauna
  • Party Room
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,702

Year Built

Built in 1991

Lot Details

0

HOA Fees

$559 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Remarks Public: *Seller is willing to give 10k credit for points/closing costs.* The embodiment of a homey retreat, or the ideal pied-à-terre, amidst a lifestyle that embraces convenience. A location that nestles you in the heart of our nation’s capital and provides endless opportunities for work, pleasure, history, and more. This charming 1 bedroom condo presents a prestigious Pennsylvania Avenue address and delivers more than one expects. Open and versatile living area to make your own. As a corner unit, the 7 large windows fill the space with an abundance of natural light and showcase fantastic urban views. Hardwood floors and neutral paint colors give a classic appeal. Modern kitchen with GE Profile/KitchenAid stainless appliances, granite countertops, and cabinets with a pop of color give the space a unique vibe. The openness of the floor plan provides a comfortable everyday living environment and makes it easy to entertain, and the half bath provides added convenience. Primary suite is a retreat with access to an ensuite bath, two cosets, and a laundry closet. Building amenities would thrill anyone; newly renovated roof deck with stunning city panoramic views and views of the Capitol building; 24/7 concierge/security, on-site gym with showers, and sauna. The garage below the building grants direct elevator access to The Pennsylvania and its residents are guaranteed a space to rent ($305 monthly through SP Parking). The neighborhood offers it all - close distance to the metro, Capital One Arena, Smithsonian, and other galleries, National mall, Capitol, Tidal Basin, White House, and monuments. Pet friendly and allowed one pet up to 40lbs. Rental restrictions. Annual resident parties hosted by the Association. Amazing on-site management Monday-Friday during business hours. ** BUILDING LENDER LIST OPTIONS IN DOCS SECTION.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Refrigerator, Washer, Stove, Oven - Wall, Microwave
  • Entry Floor: 11
  • Flooring Type: Hardwood
  • Interior Amenities: Combination Dining/Living, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Window Treatments, Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Has Laundry, Washer In Unit
  • Total Sq Ft: 735
  • Living Area Sq Ft: 735
  • Price Per Sq Ft: 659.86
  • Above Grade Finished Sq Ft: 735
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 601

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • View: City, Panoramic
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Under Home Parking

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: 559.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Extra Storage, Party Room, Sauna, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Reserve Funds, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: THOMSON
  • Middle School: JEFFERSON MIDDLE SCHOOL ACADEMY
  • High School: CARDOZO EDUCATION CAMPUS
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: 3rd Party
  • School District Key: 121140357950
  • School District Source: 3rd Party
  • Elementary School: THOMSON
  • High School: CARDOZO EDUCATION CAMPUS
  • Middle Or Junior School: JEFFERSON MIDDLE SCHOOL ACADEMY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 317730.00
  • Land Assessed Value: 136170.00
  • Soil Types: Sandy, Loam
  • Year Assessed: 2021
  • Zoning: MU9
  • In City Limits: No

Rental Info

  • Pets: Size/Weight Restriction, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 16132767
  • Tax Annual Amount: 3702.00
  • Assessor Parcel Number: 0459//2124
  • Tax Lot: 2124
  • Tax Total Finished Sq Ft: 704
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/10/2023

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Feb 10, 2023
Sold by
Baker Michael E and Baker Marilyn S
Bought by
Jovanovski Zhan and Jovanovska Kiodin Shuntova
Seller's Agent
Sue and Allison Goodhart
Compass
Buyer's Agent
Peter Grimm
Berkshire Hathaway HomeServices PenFed Realty
List Price
$485,000
Sold Price
$475,000
Premium/Discount to List
-$10,000
-2.06%
Views
22
Current Estimated Value
$478,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,267
Avg. Annual Appreciation
0.37%
Original Mortgage
$380,000
Outstanding Balance
$366,656
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$112,950

Purchase Details

Closed on
Aug 15, 2011
Sold by
Kinsvatter Jack H
Bought by
Baker Michael E

Purchase Details

Closed on
Jul 18, 1994
Sold by
Pennsylvania Plaza
Bought by
Freeman Barbara W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,100
Interest Rate
8.51%
Source: Public Records

Range of Values:

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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
Jovanovski Zhan $475,000 None Listed On Document
Baker Michael E $382,500 --
Freeman Barbara W $108,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jovanovski Zhan $380,000
Previous Owner Baker Michael E $284,620
Previous Owner Baker Michael E $200,000
Previous Owner Freeman Barbara W $87,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $475,000 -2.1% $646 / Sq Ft
01/05/2023 01/05/23 For Sale $485,000 -- $660 / 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 $3,132 $470,670 $141,200 $329,470
2023 $3,054 $458,030 $137,410 $320,620
2022 $3,741 $453,900 $136,170 $317,730
2021 $3,703 $448,890 $134,670 $314,220
2020 $3,615 $425,250 $127,570 $297,680
2019 $3,843 $452,130 $135,640 $316,490
2018 $3,819 $449,300 $0 $0
2017 $3,863 $454,470 $0 $0
2016 $3,636 $427,710 $0 $0
2015 $3,386 $398,300 $0 $0
2014 -- $372,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2071646

Bright MLS

APN: 0459-2124