NOT LISTED FOR SALE

601 Pennsylvania Ave NW Unit 505 Washington, DC 20004

Penn Quarter Neighborhood

Estimated Value: $355,000 - $457,000

1 Bed
1 Bath
559 Sq Ft
1991 Built

Last Sold August 21, 2017

Last sale price $389,000 $696 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,486/month

Highlights

  • Contemporary Architecture
  • 1-minute walk to Archives-Navy Memorial
  • Central Air
  • Thomson Elementary School Rated A-
  • Furnished
  • Heat Pump System

About This Home

As of June 2024

Don't miss this furnished one bedroom apartment in Penn Quarter! this unit has beautiful cherry hardwood flooring, stainless steel appliances and a balcony! The amenities are first class - 24 hour front desk, dry cleaning services, and a large gym (w/sauna) featuring all new equipment! The recently updated rooftop lounge is spacious with a charming tower gazebo and views of BOTH the Capitol and the Washington Monument. Washer/dryer in unit, central air and rental parking spaces are available. It is ideally located steps from great restaurants, bars, museums and shops. A quick, 3 minute walk to Archives-Navy Memorial-Penn Quarter Metro Station for access to the green and yellow metro lines, a 6 minute walk to the red line at Judiciary Square, and a 10 minute walk to Gallery Pl-Chinatown Metro Station for access to the red, green and yellow metro lines without transfers. The residential entrance is on the north side of the building, on the corner of Indiana Ave NW & 6th St. Schedule a showing today!

Last Agent to Rent the Property

Niki Lang

Corcoran McEnearney License #0225256754 Listed on: 06/03/2024

Corcoran McEnearney

Last Renter's Agent

datacorrect BrightMLS

Non Subscribing Office

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,570

Year Built

  • Built in 1991

Parking

  • On-Site Parking for Rent

Home Design

  • Contemporary Architecture

Interior Spaces

  • 559 Sq Ft Home
  • Property has 1 Level
  • Furnished

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,400
  • $500 Move-In Fee
  • Rent includes water
  • 12-Month Min and 24-Month Max Lease Term
  • Available 6/4/24
  • $50 Application Fee
  • Assessor Parcel Number 0459//2045

Community Details

Overview

  • High-Rise Condominium
  • Central Community
  • Penn Quarter Subdivision

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,570

Year Built

Built in 1991

Lot Details

0

Rental Info

  • Date Available: 2024-06-04
  • Application Fee: 50.00
  • Furnished: Yes
  • Pets Allowed: No
  • Rent Includes: Water
  • Security Deposit: 2400.00
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Move In Fee: 500.00
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-06-04
  • Year Built: 1991
  • Automatically Close On Close Date: Yes
  • Remarks Public: Don't miss this furnished one bedroom apartment in Penn Quarter! this unit has beautiful cherry hardwood flooring, stainless steel appliances and a balcony! The amenities are first class - 24 hour front desk, dry cleaning services, and a large gym (w/sauna) featuring all new equipment! The recently updated rooftop lounge is spacious with a charming tower gazebo and views of BOTH the Capitol and the Washington Monument. Washer/dryer in unit, central air and rental parking spaces are available. It is ideally located steps from great restaurants, bars, museums and shops. A quick, 3 minute walk to Archives-Navy Memorial-Penn Quarter Metro Station for access to the green and yellow metro lines, a 6 minute walk to the red line at Judiciary Square, and a 10 minute walk to Gallery Pl-Chinatown Metro Station for access to the red, green and yellow metro lines without transfers. The residential entrance is on the north side of the building, on the corner of Indiana Ave NW & 6th St. Schedule a showing today!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 5
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 559
  • Living Area Sq Ft: 559
  • Price Per Sq Ft: 4.38
  • Above Grade Finished Sq Ft: 559
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 601

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
  • 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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Square Feet
  • Lot Sq Ft: 79.00
  • Zoning: D-6-R DOWNTOWN ZONE

Tax Info

  • Assessor Parcel Number: 0459//2045
  • Tax Total Finished Sq Ft: 559
  • Close Date: 06/25/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2022
Sold by
Warren and Diondre
Bought by
Warren Quinta
Current Estimated Value
$401,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Outstanding Balance
$336,918
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$62,906

Purchase Details

Listed on
Jun 21, 2017
Closed on
Aug 11, 2017
Sold by
Lee Richard A
Bought by
Warren Quinta and Warren Diondre
Seller's Agent
Dana Scanlon
Keller Williams Capital Properties
Buyer's Agent
Jay Barry
Compass
List Price
$389,000
Sold Price
$389,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.34%
Original Mortgage
$369,550
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2006
Sold by
Ellingson David
Bought by
Lee Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
6.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2004
Sold by
Setzer Maria C Stamos
Bought by
Ellingson David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 1995
Sold by
Altman Gary
Bought by
Heslop Alexandra H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,750
Interest Rate
7.89%
Source: Public Records

Range of Values:

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Average Value
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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
Warren Quinta $2,272 Summit Settlement Services
Warren Quinta $389,000 None Available
Lee Richard A $340,000 --
Ellingson David L $302,000 --
Heslop Alexandra H $112,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warren Quinta $356,000
Previous Owner Warren Quinta $369,550
Previous Owner Lee Richard A $291,000
Previous Owner Lee Richard A $323,000
Previous Owner Ellingson David $226,500
Previous Owner Ellingson David L $270,000
Previous Owner Heslop Alexandra H $107,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Rented $2,450 0.0% --
06/10/2024 06/10/24 Under Contract -- -- --
06/03/2024 06/03/24 For Rent $2,450 0.0% --
08/21/2017 08/21/17 Sold $389,000 0.0% $696 / Sq Ft
07/07/2017 07/07/17 Pending -- -- --
06/21/2017 06/21/17 For Sale $389,000 0.0% $696 / Sq Ft
10/06/2016 10/06/16 Rented $2,000 0.0% --
10/06/2016 10/06/16 Under Contract -- -- --
09/30/2016 09/30/16 For Rent $2,000 -- --
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 $3,570 $435,130 $130,540 $304,590
2023 $3,451 $420,740 $126,220 $294,520
2022 $3,417 $415,810 $124,740 $291,070
2021 $3,367 $409,400 $122,820 $286,580
2020 $3,291 $387,230 $116,170 $271,060
2019 $3,482 $409,660 $122,900 $286,760
2018 $3,146 $370,060 $0 $0
2017 $3,179 $373,980 $0 $0
2016 $2,998 $352,650 $0 $0
2015 $2,789 $328,100 $0 $0
2014 -- $308,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Niki Lang

    Landlord's Agent in 2024

    Niki Lang

    McEnearney Associates

    (202) 905-8828

    6 in this area

    23 Total Sales

    Niki Lang
    Section Image
  • Dana Scanlon

    Seller's Agent in 2017

    Dana Scanlon

    Keller Williams Capital Properties

    (301) 575-4915

    1 in this area

    127 Total Sales

    Dana Scanlon
    Section Image
  • Jay Barry

    Buyer's Agent in 2017

    Jay Barry

    Compass

    (703) 517-7492

    1 in this area

    101 Total Sales

    Jay Barry
    Section Image

  • G

    Seller's Agent in 2016

    Gregory Eaheart

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    Section Image
  • Margaret Ferris

    Buyer's Agent in 2016

    Margaret Ferris

    Compass

    (202) 438-1524

    1 in this area

    105 Total Sales

    Margaret Ferris
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DCDC2142464

Bright MLS

APN: 0459-2045

District of Columbia District of Columbia County Washington 20004 Penn Quarter

601 Pennsylvania Ave NW Unit 505, Washington, DC

This home is located at 601 Pennsylvania Ave NW Unit 505, Washington, DC 20004 since 03 June 2024 and is currently priced at $401,501. This property was built in 1991. 601 Pennsylvania Ave NW Unit 505 is a home located in District of Columbia with nearby schools including Thomson Elementary School, Cardozo Education Campus, and BASIS DC.

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