$849,000

Residences at Market Square - East Tower 701 Pennsylvania Ave NW Unit 1221 Floor 12 Washington, DC 20004

Penn Quarter Neighborhood

Estimated payment $6,684/month

Total Views 3,360
1 Bed
1 Bath
891 Sq Ft
$953 Price per Sq Ft

Highlights

  • Concierge
  • 1-minute walk to Archives-Navy Memorial
  • Fitness Center
  • Thomson Elementary School Rated A-
  • Roof Top Pool
  • Contemporary Architecture

About This Home

Welcome to 701 Pennsylvania Ave NW, Market Street East. This stunning 891 sq ft one-bedroom plus den penthouse has been meticulously renovated with exceptional attention to detail. The spacious open-plan living and dining area is framed by floor-to-ceiling windows that flood the home with light and open to a wraparound balcony showcasing sweeping views of Pennsylvania Avenue and DC’s iconic monuments—perfect for parades and July 4th fireworks. Enjoy the convenience of an in-unit washer/dryer, abundant storage, and a pet-friendly building. Residents also benefit from a 24-hour concierge, on-site management, a rooftop pool with lounge seating, fitness center, and sauna. Step outside and you’re just two minutes from the Archives Metro, the National Mall, world-class museums, and Downtown’s best bars and restaurants. Underground garage parking is also available for rent.

Listing Agent

Fleur Howgill

(202) 425-9403 fhowgill@ttrsir.com TTR Sotheby's International Realty License #0225200989 Listed on: 09/17/2025

TTR Sotheby's International Realty

Co-Listing Agent

Veronique Onteniente

(202) 386-8457 vonteniente@ttrsir.com TTR Sotheby's International Realty License #SP40000673

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,322

Year Built

  • Built in 1991

HOA Fees

  • $1,687 Monthly HOA Fees

Parking

  • On-Site Parking for Rent

Home Design

  • Contemporary Architecture
  • Entry on the 12th floor

Interior Spaces

  • 891 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Roof Top Pool

Listing and Financial Details

  • Tax Lot 5181
  • Assessor Parcel Number 0408//5181

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, health club, management, pool(s), reserve funds, sauna, sewer, snow removal, trash, water
  • 105 Units
  • High-Rise Condominium
  • Market Square East Condos
  • Central Community
  • Penn Quarter Subdivision
  • Property Manager

Amenities

  • Concierge
  • Common Area
  • Sauna

Recreation

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,322

Year Built

Built in 1991

Lot Details

0

HOA Fees

$1,687 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1991
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 12
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 891
  • Living Area Sq Ft: 891
  • Price Per Sq Ft: 952.86
  • Above Grade Finished Sq Ft: 891
  • Above Grade Finished Area Units: Square Feet

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
  • Construction Materials: Block
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • 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: 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: 1686.70
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Market Square East
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Exercise Room, Extra Storage, Pool - Rooftop, Sauna, Storage Bin
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Health Club, Management, Pool(s), Reserve Funds, Sauna, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Rooftop

Schools

  • School District Source: Listing Agent

Lot Info

  • Soil Types: Urban Land Not Rated
  • Zoning: D-6-R
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 6322.00
  • Assessor Parcel Number: 0408//5181
  • Tax Lot: 5181
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

About Residences at Market Square - East Tower

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 $5,888 $798,150 $239,440 $558,710
2024 $6,322 $846,020 $253,810 $592,210
2023 $6,643 $880,280 $264,080 $616,200
2022 $6,518 $859,260 $257,780 $601,480
2021 $6,613 $867,700 $260,310 $607,390
2020 $6,470 $836,860 $251,060 $585,800
2019 $6,514 $841,240 $252,370 $588,870
2018 $6,519 $840,330 $0 $0
2017 $6,000 $778,370 $0 $0
2016 $5,784 $752,180 $0 $0
2015 $5,753 $756,900 $0 $0
2014 -- $686,670 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2025 09/17/25 For Sale $849,000 -- $953 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $630,000 --
Source: Public Records

Source: Bright MLS

MLS Number: DCDC2222836

Bright MLS

APN: 0408-5181

District of Columbia District of Columbia County Washington 20004 Penn Quarter

701 Pennsylvania Ave NW Unit 1221, Washington, DC

For Sale

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Fleur Howgill
Listing Agent
Fleur Howgill
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TTR Sotheby's International Realty
(202) 425-9403