NOT LISTED FOR SALE

Residences at Gallery Place 777 7th St NW Unit 1115 Floor 11 Washington, DC 20001

Penn Quarter Neighborhood

Estimated Value: $306,000 - $406,000

1 Bed
1 Bath
685 Sq Ft
$756/mo HOA Fee

Last Sold December 15, 2023

Last sale price $300,000 $438 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,850/month

180 Days on Market

Highlights

  • 24-Hour Security
  • 1-minute walk to Gallery Place-Chinatown
  • Open Floorplan
  • Thomson Elementary School Rated A-
  • Penthouse
  • 5-minute walk to Chinatown Park

About This Home

As of December 2023

PENTHOUSE TOP FLOOR CONDO AT RESIDENCES AT GALLERY PLACE

Last Agent to Sell the Property

Tracy Shively

(703) 930-0268 tracyshively@gmail.com Douglas Elliman of Metro DC, LLC - Washington License #0225215080 Listed on: 06/10/2023

Douglas Elliman of Metro DC, LLC - Washington

Last Buyer's Agent

Lily Vallario

(240) 388-3507 lily@soldbylily.com EXP Realty, LLC License #0225099760

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,669

Year Built

  • Built in 2005

HOA Fees

  • $756 Monthly HOA Fees

Home Design

  • Penthouse
  • Beaux Arts Architecture
  • Contemporary Architecture
  • Entry on the 11th floor
  • Masonry

Interior Spaces

  • 685 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Courtyard Views

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Outdoor Features

  • Terrace
  • Outdoor Storage
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in excellent condition

Listing and Financial Details

  • Tax Lot 2181
  • Assessor Parcel Number 0455//2181

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, pest control, recreation facility, reserve funds, trash, water, sewer, management, insurance, broadband
  • High-Rise Condominium
  • Central Community
  • Central Subdivision

Amenities

  • Party Room

Pet Policy

  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,669

Year Built

Built in 2005

Lot Details

0

HOA Fees

$756 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary, Beaux Arts
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 6/11/2023 12:00:00 AM
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Front Loading, Oven/Range - Electric, Refrigerator, Washer - Front Loading, Washer/Dryer Stacked
  • Entry Floor: 11
  • Flooring Type: Ceramic Tile, Partially Carpeted
  • Interior Amenities: Floor Plan - Open, Window Treatments, Walk-In Closet(s), Upgraded Countertops
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Has Laundry, Washer In Unit
  • Total Sq Ft: 685
  • Living Area Sq Ft: 685
  • Price Per Sq Ft: 452.54
  • Above Grade Finished Sq Ft: 685
  • 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: Masonry
  • Exterior Features: Secure Storage
  • View: Courtyard
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Main Entrance Lock, Desk In Lobby
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 756.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Party Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Pest Control, Recreation Facility, Reserve Funds, Trash, Water, Sewer, Management, Insurance, Broadband
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Outdoor Living Structures: Roof, Terrace, Wrap Around
  • Property Condition: Excellent
  • Soil Types: Unknown
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3669.00
  • Assessor Parcel Number: 0455//2181
  • Tax Lot: 2181
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2023
Closed on
Dec 15, 2023
Sold by
Paravano Jeffrey H
Bought by
El Ousouani Soufian
Seller's Agent
Tracy Shively
Douglas Elliman of Metro DC, LLC - Washington
Buyer's Agent
Lily Vallario
EXP Realty, LLC
List Price
$390,000
Sold Price
$300,000
Premium/Discount to List
-$90,000
-23.08%
Views
239
Current Estimated Value
$347,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,370
Avg. Annual Appreciation
8.11%

Purchase Details

Closed on
Jun 28, 2005
Sold by
Gallery Place Land Trust
Bought by
Paravano Jeffrey H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
El Ousouani Soufian $300,000 Sms Title & Escrow
Paravano Jeffrey H $279,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paravano Jeffrey H $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Sold $300,000 -3.2% $438 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
11/14/2023 11/14/23 Price Changed $309,990 -3.1% $453 / Sq Ft
10/13/2023 10/13/23 Price Changed $319,900 -3.0% $467 / Sq Ft
09/07/2023 09/07/23 Price Changed $329,900 -2.9% $482 / Sq Ft
08/25/2023 08/25/23 Price Changed $339,900 -4.2% $496 / Sq Ft
08/16/2023 08/16/23 Price Changed $354,900 -7.8% $518 / Sq Ft
07/19/2023 07/19/23 Price Changed $385,000 -1.3% $562 / Sq Ft
06/10/2023 06/10/23 For Sale $390,000 -- $569 / 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
2025 $3,294 $403,290 $120,990 $282,300
2024 $3,478 $424,360 $127,310 $297,050
2023 $3,549 $432,260 $129,680 $302,580
2022 $3,669 $445,460 $133,640 $311,820
2021 $3,683 $446,580 $133,970 $312,610
2020 $3,786 $445,410 $133,620 $311,790
2019 $3,719 $437,560 $131,270 $306,290
2018 $3,720 $437,690 $0 $0
2017 $3,711 $436,600 $0 $0
2016 $3,553 $418,010 $0 $0
2015 $3,484 $409,860 $0 $0
2014 $3,030 $356,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tracy Shively

    Seller's Agent in 2023

    Tracy Shively

    Douglas Elliman of Metro DC, LLC - Washington

    (703) 930-0268

    2 in this area

    98 Total Sales

    Tracy Shively
    Section Image
  • Lily Vallario

    Buyer's Agent in 2023

    Lily Vallario

    EXP Realty, LLC

    (240) 388-3507

    2 in this area

    278 Total Sales

    Lily Vallario
    Section Image
See All Agents

About Residences at Gallery Place

Map

Source: Bright MLS

MLS Number: DCDC2098694

Bright MLS

APN: 0455-2181

District of Columbia District of Columbia County Washington 20001 Penn Quarter

777 7th St NW Unit 1115, Washington, DC

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