NOT LISTED FOR SALE

Residences at Gallery Place 777 7th St NW Unit 719 Washington, DC 20001

Penn Quarter Neighborhood

Estimated Value: $313,000 - $547,000

1 Bed
1 Bath
684 Sq Ft
$624/mo HOA Fee

Last Sold July 19, 2018

Last sale price $505,000 $738 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $3,152/month

9 Days on Market

Highlights

  • Concierge
  • 1-minute walk to Gallery Place-Chinatown
  • Open Floorplan
  • Thomson Elementary School Rated A-
  • Fitness Center
  • 5-minute walk to Chinatown Park

About This Home

As of July 2018

Luxurious 1 bed 1bath condo at Gallery Place with your own rarely available private patio perfect for entertaining. Full service building with every amenity. Unit features gourmet kitchen with granite counters, crown moulding, in unit washer/dryer and an exquisite outdoor space. Enjoy all that Penn Quarter/CityCenter has to offer directly outside of your front door! Walk to Metro 1 min.

Last Agent to Sell the Property

Shahab Mastori

Coldwell Banker Realty - Washington Listed on: 06/04/2018

Coldwell Banker Realty - Washington

Last Buyer's Agent

Michelle Valle Cole

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,401

Year Built

  • Built in 2005

HOA Fees

  • $624 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 684 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Kitchen and Living

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Subterranean Parking
  • On-Site Parking for Rent

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2081
  • Assessor Parcel Number 0455//2081

Community Details

Overview

  • Moving Fees Required
  • Association fees include cable TV, high speed internet, management, insurance, trash, sewer, exterior building maintenance
  • High-Rise Condominium
  • Central Community
  • Central Subdivision

Amenities

  • Concierge
  • Community Center
  • Party Room
  • Community Library

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,401

Year Built

Built in 2005

Lot Details

0

HOA Fees

$624 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: 2005
  • Remarks Public: Luxurious 1 bed 1bath condo at Gallery Place with your own rarely available private patio perfect for entertaining. Full service building with every amenity. Unit features gourmet kitchen with granite counters, crown moulding, in unit washer/dryer and an exquisite outdoor space. Enjoy all that Penn Quarter/CityCenter has to offer directly outside of your front door! Walk to Metro 1 min.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Combination Kitchen/Living, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 6-10
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 684
  • Living Area Sq Ft: 684
  • Price Per Sq Ft: 694.44
  • Above Grade Finished Sq Ft: 684
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 777

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
  • Construction Materials: Concrete
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage, On-Site - Rent
  • Garage Features: Underground

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: 624.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Community Center, Elevator, Exercise Room, Library, Party Room
  • HOA Condo Co-Op Fee Includes: Cable Tv, High Speed Internet, Management, Insurance, Trash, Sewer, Ext Bldg Maint
  • HOA Condo Co-Op Rules: Moving Fees Required, Elevator Use
  • HOA: No
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950

Lot Info

  • Improvement Assessed Value: 278260.00
  • Land Assessed Value: 119250.00
  • Soil Types: Unknown
  • Year Assessed: 2017
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16142209
  • Tax Annual Amount: 3401.36
  • Assessor Parcel Number: 0455//2081
  • Tax Lot: 2081
  • Tax Total Finished Sq Ft: 684
  • Tax Year: 2017
  • Close Date: 07/19/2018

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2023
Sold by
Washington County Bank
Bought by
Gupta Vinay Kumar and Residences At Gallery Place Unit Owners Assoc
Total Days on Market
9
Current Estimated Value
$404,507

Purchase Details

Closed on
Jul 21, 2022
Sold by
Sackley Arthur
Bought by
Sackley Arthur and Sackley Nicole

Purchase Details

Closed on
Aug 5, 2020
Sold by
Demarcus-Dadjou Arica
Bought by
Demarcus-Dadjou Nicholas J

Purchase Details

Listed on
Jun 4, 2018
Closed on
Jul 19, 2018
Sold by
Liu Lydia
Bought by
Demarcus-Dadjou Arica
Seller's Agent
Shahab Mastori
Coldwell Banker Realty - Washington
Buyer's Agent
Michelle Valle Cole
Long & Foster Real Estate, Inc.
List Price
$475,000
Sold Price
$505,000
Premium/Discount to List
$30,000
6.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.18%
Original Mortgage
$451,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2005
Sold by
Liu Lydia
Bought by
Sung Tak K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,950
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Gupta Vinay Kumar $15,000 Brennan Title
Sackley Arthur -- None Listed On Document
Demarcus-Dadjou Nicholas J -- None Available
Demarcus-Dadjou Arica $505,000 Pinnacle Title & Escrow Inc
Sung Tak K $316,900 --
Gallery Place $316,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demarcus-Dadjou Arica $451,250
Previous Owner Liu Lydia $205,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2018 07/19/18 Sold $505,000 +6.3% $738 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $475,000 -- $694 / 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 $3,089 $378,530 $113,560 $264,970
2023 $3,182 $389,050 $116,710 $272,340
2022 $3,291 $400,920 $120,280 $280,640
2021 $3,303 $401,930 $120,580 $281,350
2020 $2,764 $400,860 $120,260 $280,600
2019 $2,742 $397,390 $119,220 $278,170
2018 $3,379 $397,510 $0 $0
2017 $3,401 $400,160 $0 $0
2016 $3,257 $383,120 $0 $0
2015 $3,193 $375,650 $0 $0
2014 -- $326,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shahab Mastori

    Seller's Agent in 2018

    Shahab Mastori

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (202) 528-0096

    3 in this area

    12 Total Sales

    Shahab Mastori
    Section Image
  • Michelle Valle Cole

    Buyer's Agent in 2018

    Michelle Valle Cole

    Long & Foster

    Section Image
See All Agents

About Residences at Gallery Place

Map

Source: Bright MLS

MLS Number: 1001762200

Bright MLS

APN: 0455-2081

District of Columbia District of Columbia County Washington 20001 Penn Quarter

777 7th St NW Unit 719, Washington, DC

This home is located at 777 7th St NW Unit 719, Washington, DC 20001 since 04 June 2018 and is currently estimated at $404,507, approximately $591 per square foot. This property was built in 2005. 777 7th St NW Unit 719 is a home located in District of Columbia with nearby schools including Thomson Elementary School, Cardozo Education Campus, and Center City Public Charter School - Shaw.

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