Discover the Residences at Market Square. With a 24-hour concierge, optional reserved rental parking accessed from a private elevator for the Residences, a spa-equipped fitness center, and a dazzling rooftop pool offering sweeping views of the Capital and its iconic monuments, this condominium building is a dream come true. Inside the unit, you will find a balcony overlooking a private courtyard, fresh paint throughout, elegant hardwood floors, and a fully renovated kitchen and bath. Penn Quarter has some of the finest dining in DC, and you’re a block from the mall and a short walk to the Capital and White House. Welcome home!
Sold for $422,500
Tax assessed value
$422,500
701 Pennsylvania Ave APT 1227, Washington, DC 20004
1beds
626sqft
Condominium
Built in 1991
-- sqft lot
$402,900 Zestimate®
$675/sqft
$2,434 Estimated rent
Home value
$402,900
$383,000 - $423,000
$2,434/mo
Zestimate® history
Owner options
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$2,015/mo
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Elegant hardwood floorsPrivate courtyardFully renovated kitchenPrivate elevatorFresh paint throughout
Zillow last checked:
Listing updated:
Listed by:
Phillip Allen 301-807-5045,
Corcoran McEnearney
Bought with:
Aidan Duffy
Compass
Jonathan Karpa, SP102471
Compass
Source: Bright MLS,MLS#: DCDC2104876
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Washer, Electric Water Heater
- Laundry: Washer In Unit, Dryer In Unit, In Unit
Features
- Flooring: Hardwood
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 626
- Total interior livable area: 626 sqft
- Finished area above ground: 626
- Finished area below ground: 0
Property
Parking
- Parking features: Unassigned, Other
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Pool features: Community
Lot
- Features: Urban Land Not Rated
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0408//5187
- Zoning: 017
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick
Condition
- New construction: No
- Year built: 1991
Utilities & green energy
- Sewer: Public Septic, Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Washington
- Subdivision: Central
HOA & financial
HOA
- Has HOA: No
- Amenities included: Pool, Sauna, Common Grounds, Storage Bin, Storage, Elevator(s)
- Services included: Water, Internet, Cable TV
- Association name: The Residences At Market Square East
Other fees
- Condo and coop fee: $789 monthly
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2023 | Sold | $422,500-0.6%$675/sqft |
Source:  Bright MLS #DCDC2104876 Report a problem | ||
| 7/31/2023 | Contingent | $425,000$679/sqft |
Source: Bright MLS #DCDC2104876 Report a problem | ||
| 7/20/2023 | Listed for sale | $425,000+226.9%$679/sqft |
Source: Bright MLS #DCDC2104876 Report a problem | ||
| 1/7/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 10/27/2021 | Listed for rent | $2,300$4/sqft |
Source: Zillow Rental Network Premium #DCDC2001529 Report a problem | ||
| 1/1/2015 | Sold | $130,000-63.8%$208/sqft |
Source:  Long & Foster Broker Feed #1005662898_100 Report a problem | ||
| 11/30/2009 | Sold | $359,000+19.7%$573/sqft |
Source: Public Record Report a problem | ||
| 1/7/2004 | Sold | $300,000$479/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,695 -26.1% | $422,500 -4.8% |
| 2024 | $3,645 +24% | $444,030 -0.1% |
| 2023 | $2,940 -2.5% | $444,550 -0.6% |
| 2022 | $3,016 -1.2% | $447,240 -0.4% |
| 2021 | $3,054 -3.4% | $448,890 +0.3% |
| 2020 | $3,160 -1.8% | $447,430 -1% |
| 2018 | $3,217 +3.5% | $451,770 +3.1% |
| 2017 | $3,108 +8.3% | $438,070 +7% |
| 2016 | $2,870 +8% | $409,310 +6.6% |
| 2015 | $2,657 +7.7% | $383,930 +6.5% |
| 2014 | $2,467 -3.8% | $360,440 -2.8% |
| 2013 | $2,564 -0.8% | $370,750 -0.2% |
| 2012 | $2,585 | $371,660 |
| 2011 | $2,585 -8% | $371,660 -6.6% |
| 2010 | $2,810 -20.5% | $398,080 -4.3% |
| 2009 | $3,535 | $415,840 |
Find assessor info on the county website
Neighborhood: Penn Quarter
Nearby schools
GreatSchools rating
- 8/10Thomson Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 3/10Cardozo Education CampusGrades: 6-12Distance: 1.9 mi
Schools provided by the listing agent
- District: District Of Columbia Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$402,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$402,900
- Washington, DC
- District of Columbia
- Washington
- 20004
- Penn Quarter
- 701 Pennsylvania Ave Apartment 1227
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