NOT LISTED FOR SALE

Residences at Market Square - East Tower 701 Pennsylvania Ave NW Unit PH4 Washington, DC 20004

Penn Quarter Neighborhood

Estimated Value: $476,797

1 Bed
1 Bath
539 Sq Ft
$735/mo HOA Fee

Last Sold August 27, 2018

Last sale price $425,000 $788 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,639/month

Highlights

  • Contemporary Architecture
  • 1-minute walk to Archives-Navy Memorial
  • Central Heating and Cooling System
  • Thomson Elementary School Rated A-
  • Community Pool
  • High-Rise Condominium

About This Home

As of March 2021

Enjoy your days and evenings in this Penthouse unit in the middle of Penn Quarter. Easy living with your oversized private balcony, full kitchen with Stainless Steel appliances, separate living room and bedroom and ALL UTILITIES included. Building comes rooftop deck with stunning views, swimming pool, 24-hr desk. Metro at your doorstep and 50+ restaurants within minutes of walk. Washer and Dryer in Unit.

Last Agent to Rent the Property

Gianna Manzella

Keller Williams Capital Properties License #5004443 Listed on: 02/26/2021

Keller Williams Capital Properties

Last Renter's Agent

Gianna Manzella

Keller Williams Capital Properties License #5004443 Listed on: 02/26/2021

Keller Williams Capital Properties

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,521

Year Built

  • Built in 1991

Lot Details

  • 87

HOA Fees

  • $735 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 539 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,000
  • 12-Month Min and 36-Month Max Lease Term
  • Available 2/27/21
  • Assessor Parcel Number 0408//5191

Community Details

Overview

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

Recreation

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Deposit $300

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,521

Year Built

Built in 1991

Lot Details

0

HOA Fees

$735 per month

Rental Info

  • Date Available: 2021-02-27
  • Pet Deposit: 300.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 2000.00
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • 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
  • Year Built: 1991
  • Remarks Public: Enjoy your days and evenings in this Penthouse unit in the middle of Penn Quarter. Easy living with your oversized private balcony, full kitchen with Stainless Steel appliances, separate living room and bedroom and ALL UTILITIES included. Building comes rooftop deck with stunning views, swimming pool, 24-hr desk. Metro at your doorstep and 50+ restaurants within minutes of walk. Washer and Dryer in Unit.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 11
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 539
  • Living Area Sq Ft: 539
  • Price Per Sq Ft: 3.71
  • Above Grade Finished Sq Ft: 539
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 701

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: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • 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: 735.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Zoning: RA

Tax Info

  • Assessor Parcel Number: 16135477
  • Assessor Parcel Number: 0408//5191
  • Tax Total Finished Sq Ft: 539
  • Close Date: 03/22/2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2018
Closed on
Aug 27, 2018
Sold by
Mclenagan Leland M and Pittman Shane
Bought by
Global 101 Realty Llc
Seller's Agent
John Pruski
Jack Realty Group
Buyer's Agent
Hovick Suleymanian
Samson Properties
List Price
$440,000
Sold Price
$425,000
Premium/Discount to List
-$15,000
-3.41%
Current Estimated Value
$476,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,797
Avg. Annual Appreciation
1.51%

Purchase Details

Closed on
Nov 13, 2014
Sold by
Mclenagan L Michael and Pittman Shane
Bought by
Mclenagan Trustee Leland M and The Leland M Mclenagan Revocab

Purchase Details

Closed on
Feb 23, 2006
Sold by
Dardati Juan Carlos
Bought by
Michael Pittman Shanen and Michael Mclenagan,L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.15%
Mortgage Type
New Conventional
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
Global 101 Realty Llc $425,000 Pinnacle Title & Escrow Inc
Mclenagan Trustee Leland M -- --
Michael Pittman Shanen $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mclenagan L Michael $267,700
Previous Owner Mclenagan Michael $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2021 03/22/21 Rented $2,000 0.0% --
02/26/2021 02/26/21 For Rent $2,000 0.0% --
08/27/2018 08/27/18 Sold $425,000 -3.4% $773 / Sq Ft
08/11/2018 08/11/18 Pending -- -- --
06/11/2018 06/11/18 For Sale $440,000 -- $800 / 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 $3,521 $429,360 $128,810 $300,550
2023 $3,782 $459,680 $137,900 $321,780
2022 $3,770 $457,300 $137,190 $320,110
2021 $3,777 $457,660 $137,300 $320,360
2020 $3,874 $455,710 $136,710 $319,000
2019 $3,926 $461,870 $138,560 $323,310
2018 $3,921 $461,320 $0 $0
2017 $3,760 $442,310 $0 $0
2016 $3,517 $413,800 $0 $0
2015 $3,297 $387,910 $0 $0
2014 $3,096 $364,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gianna Manzella

    Landlord's Agent in 2021

    Gianna Manzella

    Keller Williams Capital Properties

    (716) 861-0634

    69 Total Sales

    Section Image
  • John Pruski

    Seller's Agent in 2018

    John Pruski

    Jack Realty Group

    (202) 213-4744

    117 Total Sales

    Section Image
  • Hovick Suleymanian

    Buyer's Agent in 2018

    Hovick Suleymanian

    Samson Properties

    (202) 847-5573

    1 in this area

    120 Total Sales

    Section Image
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About Residences at Market Square - East Tower

Map

Source: Bright MLS

MLS Number: DCDC509590

Bright MLS

APN: 0408-5191

District of Columbia District of Columbia County Washington 20004 Penn Quarter

701 Pennsylvania Ave NW Unit PH4, Washington, DC

This home is located at 701 Pennsylvania Ave NW Unit PH4, Washington, DC 20004 since 26 February 2021 and is currently priced at $476,797. This property was built in 1991. 701 Pennsylvania Ave NW Unit PH4 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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