Seller's Agent in 2025
Andrew Glasow
Coldwell Banker (NRT-Southeast-MidAtlantic)
(202) 285-3600
5 in this area
86 Total Sales
Town Square Towers 700 7th St SW Unit 507 Washington, DC 20024
Southwest DC Neighborhood
2
Beds
1
Bath
822
Sq Ft
$1,311/mo
HOA Fee
Highlights
- 24-Hour Security
- Open Floorplan
- Wood Flooring
- View of Trees or Woods
- Midcentury Modern Architecture
- 3-minute walk to Southwest Duck Pond
About This Home
As of July 2025Here's the whole package! Truly the best value and space in the whole SW neighborhood - renovated indoor and outdoor space WITH PARKING! Tucked in just behind the dynamic DC Wharf and situated on a leafy campus sits iconic Town Square Towers condominium. Unit 507 is MOVE-IN READY with lots of what you want to see today. New eat-in kitchen featuring stainless steel appliances, quartz counter tops, subway tile back splash, and gas cooking. Fresh, classic bath + brightly refinished wood floors throughout. Enjoy your own private balcony off the living area and an all-inclusive condo fee with lots of happy surprises. TST is a tried-and-true, full-service, pet-friendly association with a 24 hour front desk, pool, and exercise room. Near METRO and shopping in one direction, and just a few blocks to the National Mall in the other. Convenient common laundry room is located on each floor, and adding your own in-unit washer/dryer is OK. And the icing on the cake: separately deeded garage parking space conveys! Enjoy an urban lifestyle where nearly everything is right outside your front door. The list of what's close by says it all, from Michelin Stars to casual pubs, The Anthem and Arena Stage to Audi Field. Excellent Walk, Bike, and Transit Scores.
Last Agent to Sell the Property
Coldwell Banker Realty - Washington License #sp98364388 Listed on: 05/21/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,118
Year Built
- Built in 1967 | Remodeled in 2023
Lot Details
- Extensive Hardscape
- Separately Deeded Parking Space #P-244 in Southside Upper Garage, accessible from I (Eye) St SW (Tax ID 0468//2478).
- Property is in excellent condition
HOA Fees
- $1,311 Monthly HOA Fees
Parking
- Garage Door Opener
- Parking Space Conveys
- Secure Parking
Property Views
- Woods
- Courtyard
Home Design
- Midcentury Modern Architecture
- Entry on the 5th floor
- Masonry
Interior Spaces
- 822 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Sliding Windows
- Sliding Doors
- Combination Dining and Living Room
- Basement
- Laundry in Basement
- Laundry on upper level
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Built-In Microwave
- Dishwasher
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Tile or Brick
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Home Security
Accessible Home Design
- Accessible Elevator Installed
- Level Entry For Accessibility
Outdoor Features
- Exterior Lighting
- Outdoor Grill
- Playground
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tax Lot 2159
- Assessor Parcel Number 0468//2159
Community Details
Overview
- Association fees include air conditioning, common area maintenance, exterior building maintenance, heat, insurance, lawn maintenance, management, parking fee, pool(s), reserve funds, sewer, trash, water
- 285 Units
- Mid-Rise Condominium
- Town Square Towers Condos
- Sw Waterfront Subdivision, Reborn Mid Century Modern Floorplan
- Town Square Towers Community
- Property Manager
Amenities
- Common Area
- Party Room
- Laundry Facilities
- Elevator
Recreation
Pet Policy
- Pet Size Limit
- Dogs and Cats Allowed
Security
- 24-Hour Security
- Front Desk in Lobby
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2025
Closed on
Jul 10, 2025
Sold by
Sowards Evert William and Sowards Evert W
Bought by
Velasco David
Seller's Agent
Andrew Glasow
Coldwell Banker Realty - Washington
Buyer's Agent
John Saddler
Coldwell Banker Realty - Washington
List Price
$349,000
Sold Price
$305,000
Premium/Discount to List
-$44,000
-12.61%
Views
165
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.98%
Original Mortgage
$228,750
Outstanding Balance
$228,557
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$93,794
Purchase Details
Closed on
Oct 6, 1995
Sold by
Gilbreath William P
Bought by
Southerland Ledell
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
7.86%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $305,000 | Dupont Title | |
| Deed | $85,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $228,750 | New Conventional | |
| Previous Owner | $76,500 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2025 07/12/25 | Off Market | $3,000 | -- | -- |
| 07/10/2025 07/10/25 | Sold | $305,000 | 0.0% | $371 / Sq Ft |
| 06/23/2025 06/23/25 | Price Changed | $3,000 | -10.4% | $3 / Sq Ft |
| 06/12/2025 06/12/25 | Price Changed | $3,350 | -1.5% | $4 / Sq Ft |
| 06/11/2025 06/11/25 | Price Changed | $3,400 | 0.0% | $4 / Sq Ft |
| 06/11/2025 06/11/25 | For Rent | $3,400 | 0.0% | -- |
| 06/07/2025 06/07/25 | Price Changed | $319,000 | 0.0% | $388 / Sq Ft |
| 06/07/2025 06/07/25 | Off Market | $3,499 | -- | -- |
| 05/21/2025 05/21/25 | For Sale | $349,000 | 0.0% | $425 / Sq Ft |
| 04/21/2025 04/21/25 | Price Changed | $3,499 | -10.3% | $4 / Sq Ft |
| 04/18/2025 04/18/25 | For Rent | $3,899 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,999 | $367,960 | $110,390 | $257,570 |
| 2023 | $3,002 | $367,900 | $110,370 | $257,530 |
| 2022 | $2,918 | $357,050 | $107,110 | $249,940 |
| 2021 | $2,801 | $342,870 | $102,860 | $240,010 |
| 2020 | $2,750 | $323,490 | $97,050 | $226,440 |
| 2019 | $2,540 | $298,830 | $89,650 | $209,180 |
| 2018 | $2,448 | $288,040 | $0 | $0 |
| 2017 | $2,350 | $276,510 | $0 | $0 |
| 2016 | $2,210 | $260,040 | $0 | $0 |
| 2015 | $2,118 | $249,120 | $0 | $0 |
| 2014 | $2,027 | $238,450 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Glasow
-
John Saddler
Buyer's Agent in 2025
John Saddler
Coldwell Banker (NRT-Southeast-MidAtlantic)
(202) 746-5738
5 in this area
104 Total Sales
About Town Square Towers
Map
Source: Bright MLS
MLS Number: DCDC2201636
APN: 0468-2159
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