NOT LISTED FOR SALE

Estimated Value: $481,539 - $743,000

1 Bed
1 Bath
710 Sq Ft
$1,013/mo HOA Fee

Last Sold August 19, 2019

Last sale price $600,000 $845 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $4,296/month

Highlights

  • Concierge
  • 2-minute walk to Archives-Navy Memorial
  • 24-Hour Security
  • Thomson Elementary School Rated A-
  • Fitness Center
  • Penthouse

About This Home

As of August 2019

Welcome to 1207, one of the largest corner-unit one bedroom + den homes featuring two private exclusive terraces in the Residences at Market Square. Enjoy breathtaking city and monument views through floor to ceiling 1-way privacy windows. You will appreciate the cook's kitchen with brand new SS appliances, Restoration Hardware-inspired paint colors throughout and the new designer carpeting. This modern corner-unit condo in the heart of DC's Penn Quarter features an open layout with two private balconies off the living room, den and bedroom. This conveniently located pet-friendly building includes 24-hr. concierge and has a walk-score of 85 enabling most errands to be accomplished on foot. You'll be steps to the downtown National Mall, Chinatown, City Center. World class transportation includes Metro's Yellow/Green/ Red Metro stops, and minutes to National Airport and Union Station. You and your guests also will love the recently renovated rooftop which offers a new pool, BBQs with entertainment areas as well as unmatched views of US Capitol and the Parade Route along Pennsylvania Avenue. Move the entertaining from the roof to your two private balconies offering amazing city and Washington Monument views -- just in time for the July 4th fireworks. When finished entertaining, retreat and recharge in the master suite with updated master bath. This home includes Xfinity TV and internet, a private washer and dryer located inside the unit, extra storage as well as secure bike storage outside the unit. Enjoy all that DC has to offer in this amazing home!

Last Agent to Sell the Property

Kevin Adler

(202) 413-0700 kevin@kevinadler.me Pearson Smith Realty, LLC License #SP98374906 Listed on: 06/21/2019

Pearson Smith Realty, LLC

Last Buyer's Agent

Brenda Mejia

(202) 746-2714 brenda.mejia@compass.com Compass License #667722

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,498

Year Built

  • Built in 1991

Lot Details

  • Two or More Common Walls
  • East Facing Home
  • Property is in very good condition

HOA Fees

  • $1,013 Monthly HOA Fees

Home Design

  • Penthouse
  • Contemporary Architecture
  • Entry on the 12th floor

Interior Spaces

  • 710 Sq Ft Home
  • Open Floorplan
  • Dining Area

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

  • Exterior Cameras
  • Monitored

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Outdoor Features

  • Outdoor Grill

Location

  • Urban Location

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Baseboard Heater
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5062
  • Assessor Parcel Number 0408//5062

Community Details

Overview

  • $500 Elevator Use Fee
  • Association fees include broadband, cable TV, common area maintenance, exterior building maintenance, insurance, management, pool(s), reserve funds, sauna, sewer, snow removal, trash, water
  • 105 Units
  • The Residences At Market Square Condos, Phone Number (202) 783-4586
  • Central Community
  • Penn Quarter Subdivision
  • Property Manager

Amenities

  • Concierge
  • Sauna
  • 2 Elevators

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,498

Year Built

Built in 1991

Lot Details

0

HOA Fees

$1,013 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-06-22
  • Federal Flood Zone: No
  • Year Built: 1991
  • Remarks Public: Welcome to 1207, one of the largest corner-unit one bedroom + den homes featuring two private exclusive terraces in the Residences at Market Square. Enjoy breathtaking city and monument views through floor to ceiling 1-way privacy windows. You will appreciate the cook's kitchen with brand new SS appliances, Restoration Hardware-inspired paint colors throughout and the new designer carpeting. This modern corner-unit condo in the heart of DC's Penn Quarter features an open layout with two private balconies off the living room, den and bedroom. This conveniently located pet-friendly building includes 24-hr. concierge and has a walk-score of 85 enabling most errands to be accomplished on foot. You'll be steps to the downtown National Mall, Chinatown, City Center. World class transportation includes Metro's Yellow/Green/ Red Metro stops, and minutes to National Airport and Union Station. You and your guests also will love the recently renovated rooftop which offers a new pool, BBQs with entertainment areas as well as unmatched views of US Capitol and the Parade Route along Pennsylvania Avenue. Move the entertaining from the roof to your two private balconies offering amazing city and Washington Monument views -- just in time for the July 4th fireworks. When finished entertaining, retreat and recharge in the master suite with updated master bath. This home includes Xfinity TV and internet, a private washer and dryer located inside the unit, extra storage as well as secure bike storage outside the unit. Enjoy all that DC has to offer in this amazing home!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Energy Efficient Appliances, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked
  • Entry Floor: 12
  • Flooring Type: Concrete
  • Interior Amenities: Dining Area, Floor Plan - Open, Kitchen - Gourmet, Upgraded Countertops, Flat, Carpet, Breakfast Area
  • Window Features: Energy Efficient
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Elevators Count: 2
  • Floors In Unit Count: 1
  • Levels Count: Other
  • Room Count: 6
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 710
  • Living Area Sq Ft: 710
  • Price Per Sq Ft: 886.21
  • Above Grade Finished Sq Ft: 710
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 801

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: Combination, Concrete
  • Exterior Features: Bbq Grill
  • Roof: Unknown
  • Spa: No
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Underground
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric, Heat Pump - Electric Backup
  • Heating: Yes
  • Security: 24 Hour Security, Desk In Lobby, Exterior Cameras, Fire Detection System, Monitored, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1013.35
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Residences at Market Square
  • Condo Co-Op Phone: 202-783-4586
  • Elevator Use Fee: 500.00
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Extra Storage, Fitness Center, Pool - Outdoor, Sauna, Security
  • HOA Condo Co-Op Fee Includes: Broadband, Cable Tv, Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Pool(s), Reserve Funds, Sauna, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Loss Mitigation Fee?: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 367280.00
  • Land Assessed Value: 157410.00
  • Outdoor Living Structures: Balconies- Multiple
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Year Assessed: 2019
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 16135354
  • Tax Annual Amount: 4498.00
  • Assessor Parcel Number: 0408//5062
  • Tax Lot: 5062
  • Tax Total Finished Sq Ft: 710
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 08/19/2019

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2019
Closed on
Aug 19, 2019
Sold by
Brill Brian J and Neal Gregory A
Bought by
Anselmo Rayce G and Anselmo Rosa Martha
Seller's Agent
Kevin Adler
Pearson Smith Realty, LLC
Buyer's Agent
Brenda Mejia
Compass
List Price
$629,207
Sold Price
$600,000
Premium/Discount to List
-$29,207
-4.64%
Current Estimated Value
$554,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,615
Avg. Annual Appreciation
-1.27%

Purchase Details

Closed on
May 1, 2001
Sold by
Smith Susan Ann
Bought by
Neal Gregory A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.85%
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
Anselmo Rayce G $600,000 Kvs Title Llc
Neal Gregory A $388,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neal Gregory A $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2019 08/19/19 Sold $600,000 -4.6% $845 / Sq Ft
07/27/2019 07/27/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $629,207 -- $886 / 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 $4,221 $511,790 $153,540 $358,250
2023 $4,506 $544,770 $163,430 $381,340
2022 $4,728 $570,000 $171,000 $399,000
2021 $4,358 $525,950 $157,780 $368,170
2020 $4,460 $524,690 $157,410 $367,280
2019 $4,498 $529,200 $158,760 $370,440
2018 $4,493 $528,610 $0 $0
2017 $4,313 $507,380 $0 $0
2016 $4,025 $473,560 $0 $0
2015 $3,778 $444,420 $0 $0
2014 $3,546 $417,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC430858

Bright MLS

APN: 0408-5062