2 months on rocket

701 Pennsylvania Ave NW Unit 1007, Washington, DC, 20004

$400,000

Home List Price

$4,750*

Closing Credit

1 Bedroom
1 Full Bath
496 SqFt
$806/SqFt
Condo

Location

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701 Pennsylvania Ave NW Unit 1007, Washington$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn-site - Rent, Other
Year Built1991
HeatingHeat Pump
CoolingCentral Air
ViewCity, Panoramic
MLS #DCDC2159122
StatusActive
(ACTIVE)

About 701 Pennsylvania Ave NW Unit 1007

This exquisite contemporary condo at Market Square in Penn Quarter features an open floor plan with natural light and unparalleled building amenities. It seamlessly blends stylish interior living spaces with the allure of majestic city views from a private outdoor terrace, making it an ideal retreat for those seeking comfort and sophistication. As you enter, you'll be greeted by a welcoming entryway leading to the main living area, adorned with gleaming bamboo flooring that extends throughout the space. The beautifully appointed bedroom features double glass doors and floor-to-ceiling mirrored closet doors. The full bathroom has updated penny tile flooring and a spacious vanity. The unit includes a convenient washer and dryer closet for your laundry needs. The modernized kitchen is complete with upgraded counters, cabinets, stainless steel appliances, tile backsplash, and recessed lighting, offering both style and functionality. Adjacent to the kitchen, you'll find a cozy breakfast area, perfect for casual dining. The cozy living room offers a serene retreat, featuring a wall-mounted TV for entertainment and French doors that open up to a delightful terrace, with an array of colorful and lush plants, creating an oasis of natural beauty and tranquility right outside your door. This impressive building offers luxurious amenities, including a fitness center, relaxing sauna, 24-hour front desk, a rooftop pool, and a terrace offering breathtaking panoramic views of the city, making it an ideal setting for gatherings and entertaining. Situated in close proximity to the Archives Metro Station, museums, fine dining options, shopping destinations, and theaters, this condominium presents an opportunity to experience the vibrant offerings of Washington, DC. Additionally, the availability of garage parking for rent, complete with direct elevator access, provides added convenience for residents at an extra cost per month.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1991
  • Stories: 1
  • Living Area: 496 SqFt

Listing Office:

  • Office Name: Weichert, REALTORS
  • Office Phone: (571) 213-5218
  • Listing Agent: Lisa A Thompson

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Disposal, Dryer, Oven, Electric Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: No
  • Flooring Type: Bamboo, Ceramic Tile, Other
  • Interior: Bathroom - Tub Shower, Dining Area, Floor Plan - Open, Upgraded Countertops

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: City, Panoramic

Parking Information:

  • Parking: On-site - Rent, Other

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: The Residence at Market Square East Condo is located near the corner of 8th and D St NW. There is an awning/canopy entrance for 701 Pennsylvania Ave NW.

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000
  • Price Per SqFt: $806/SqFt
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Housing Market Comparison

See how this home compares to others in Washington, DC.

Med. Sold Price

$672.3K

Med. Price/SqFt

$511

Avg. Days On Market

43

# of Sold Homes

485

701 Pennsylvania Ave NW Unit 1007 vs Washington

61 DAYS ON ROCKET

+18 Days

$400,000

-$272.3K Less

$806/SqFt

+$295 More

KEY TAKEAWAY

This property is $272.3K less than the Median Sold Price and $295/SqFt more than other homes in Washington, DC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DCDC2159122

Listing Office:

  • Office Name: Weichert, REALTORS
  • Office Phone: (571) 213-5218
  • Listing Agent: Lisa A Thompson

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/13/2024, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-283514
7
/10
  • Thomson Elementary School

  • 1200 L St NW

  • 0.69 miles

  • Public District Grades EE-5

school-card-donut-283515
4
/10
  • Amidon-Bowen Elementary School

  • 401 I St SW

  • 1.04 miles

  • Public District Grades EE-5

school-card-donut-283516
7
/10
  • Seaton Elementary School

  • 1503 10th St NW

  • 1.12 miles

  • Public District Grades EE-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $142,614. The majority of Washington, DC residents have income between $100k-200k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 701 Pennsylvania Ave NW Unit 1007

What is the listing price of this property?

The listing price of 701 Pennsylvania Ave NW Unit 1007 property is $400,000.

What type of property is this?

The property 701 Pennsylvania Ave NW Unit 1007 is a condo located in Washington, District of Columbia, 20004.

Is this property for sale now?

Active Listing: 701 Pennsylvania Ave NW Unit 1007 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 701 Pennsylvania Ave NW Unit 1007 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 701 Pennsylvania Ave NW Unit 1007 is 496 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 701 Pennsylvania Ave NW Unit 1007 is 1991.

Rocket Homes›District of Columbia›Washington›20004›701 Pennsylvania Ave NW Unit 1007

This home is located at 701 Pennsylvania Ave NW Unit 1007 in Washington, DC and zip code 20004 in the Downtown / Chinatown / Penn Quarter / Mount Vernon Square neighborhood. This 496 square foot home was built in 1991. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $400,000.

In October 2024 more than 142 listings in Washington, DC were sold above the asking price. During the same period more than 118 listings were sold at asking price, while more than 225 were sold below. The number of listings in Washington, DC increased by 21.3% between September 2024 and October 2024. Listings spent 43 days on the market in October 2024, and had a median list price of $672,329 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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