$549,000

Estimated payment $5,111/month

Total Views 583
1 Bed
1.5 Baths
1,045 Sq Ft
$525 Price per Sq Ft

Highlights

  • Concierge
  • 3-minute walk to Gallery Place-Chinatown
  • Penthouse
  • Thomson Elementary School Rated A-
  • Fitness Center
  • Gourmet Kitchen

About This Home

Welcome to the luxurious Residences at Terrell Place - a sought-after boutique building in centrally-located Penn Quarter. Situated on the penthouse level, unit #500 is an exceptional corner residence that is large, and light-filled, with a well-proportioned and welcoming layout. The open plan allows room for a large desk in the living area for easy WFH living, as well as entertaining. This 1,045sqft home is flooded with soft, natural light from the wraparound full length windows, and features ample storage spaces, an open kitchen with upgraded stainless steel appliances, and beautiful wood floors. The primary suite features oversized, 3/4 length windows which flood the room with natural light. The bedroom also includes an adjoining over-sized walk-in closet and full size bathroom with a walk-in spa shower. There is also a washer/dryer, newer HVAC, and built-in closets throughout. The Residences at Terrell Place offer the best of modern, resident-focused living: weekday concierge desk, a fitness center, and parking is available for rent on a month-to-month basis for $315 in the attached parking garage. Your private residence is just steps from the vibrancy and central location of the Penn Quarter neighborhood - featuring critically-acclaimed and Michelin-starred restaurants, Smithsonian museums, the National Mall and the Capital One arena, which hosts major sports and entertainment events. The neighborhood is also home to famous theaters - Wooly Mammoth, Shakespeare and Warner - as well as international retailers Zara, Lululemon, Saks Off Fifth, Macy's, Nordstrom Rack, TJ Maxx and Marshalls. The Main DC Martin Luther King Jr. Memorial Library which was completely renovated in 2020 is a few minutes walk. Enjoy your peaceful residence as well as all of what central DC has to offer! Close proximity to Metro, Union Station, Reagan National airport, main highways and 4 stops from Amazon HQ2. Welcome home!

Listing Agent

Bridget Rigato

(443) 934-7362 brigato@ttrsir.com TTR Sotheby's International Realty License #200200681 Listed on: 11/07/2025

TTR Sotheby's International Realty

Co-Listing Agent

Olivia Dorieux

(202) 914-6471 odorieux@ttrsir.com TTR Sotheby's International Realty License #5014033

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,161

Year Built

  • Built in 2003

Lot Details

  • Downtown Location
  • South Facing Home

HOA Fees

  • $1,790 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Penthouse
  • Contemporary Architecture
  • Entry on the 5th floor

Interior Spaces

  • 1,045 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Double Hung Windows
  • Living Room
  • Dining Area
  • City Views

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0456//2049

Community Details

Overview

  • Association fees include common area maintenance, gas, insurance, management, sewer, water, recreation facility
  • High-Rise Condominium
  • Terrell Place Condos
  • Terrell Place Community
  • Penn Quarter Subdivision
  • Property Manager

Amenities

  • Concierge
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Limit on the number of pets
  • Pet Deposit Required
  • Dogs and Cats Allowed

Security

  • Front Desk in Lobby
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,161

Year Built

Built in 2003

Lot Details

0

HOA Fees

$1,790 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 32"+ Wide Doors, 36"+ Wide Halls
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2003
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked
  • Entry Floor: 5
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Living, Dining Area, Flat, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Bathroom - Stall Shower, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Double Hung, Double Pane
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Bathroom 1, Primary Bathroom
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1045
  • Living Area Sq Ft: 1045
  • Price Per Sq Ft: 525.36
  • Above Grade Finished Sq Ft: 1045
  • Above Grade Finished Area Units: Square Feet

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: Combination, Concrete
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby, Fire Detection System, Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1789.61
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Terrell Place
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Extra Storage, Fitness Center, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Gas, Insurance, Management, Sewer, Water, Recreation Facility
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Soil Types: Chillum-Urban Land Complex
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Dogs Ok, Number Limit, Pet Addendum/Deposit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 5160.95
  • Assessor Parcel Number: 0456//2049
  • Tax Year: 2025

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $5,028 $607,170 $182,150 $425,020
2024 $5,006 $604,070 $181,220 $422,850
2023 $5,260 $633,570 $190,070 $443,500
2022 $4,987 $600,410 $180,120 $420,290
2021 $5,060 $608,600 $182,580 $426,020
2020 $5,173 $608,600 $182,580 $426,020
2019 $3,914 $604,460 $181,340 $423,120
2018 $5,321 $626,030 $0 $0
2017 $5,325 $626,480 $0 $0
2016 $5,080 $597,660 $0 $0
2015 $4,733 $556,790 $0 $0
2014 -- $504,860 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2025 11/07/25 For Sale $549,000 0.0% $525 / Sq Ft
10/11/2023 10/11/23 Rented $3,300 +10.0% --
08/19/2023 08/19/23 Under Contract -- -- --
08/12/2023 08/12/23 For Rent $3,000 0.0% --
04/30/2021 04/30/21 Sold $590,000 -1.5% $520 / Sq Ft View Prior Sale
03/15/2021 03/15/21 Price Changed $599,000 -3.2% $528 / Sq Ft
02/11/2021 02/11/21 Price Changed $619,000 -2.5% $545 / Sq Ft
01/17/2021 01/17/21 For Sale $634,900 -- $559 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $590,000 Capitol Settlements Llc
Warranty Deed $510,000 --
Deed $484,228 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $472,000 Purchase Money Mortgage
Previous Owner $408,000 New Conventional
Source: Public Records

Source: Bright MLS

MLS Number: DCDC2230916

Bright MLS

APN: 0456-2049