2 months on rocket

701 Pennsylvania Ave NW Unit 1221, Washington, DC, 20004

$975,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
1 Full Bath
940 SqFt
$1,037/SqFt
Condo

Location

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701 Pennsylvania Ave NW Unit 1221, Washington$975,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingRented/Permit Required, Off Street
Year Built1991
HeatingHeat Pump
CoolingHeat Pump
MLS #DCDC2161092
StatusActive
(ACTIVE)

About 701 Pennsylvania Ave NW Unit 1221

This stunning 1 bedroom + Den and 1 bathroom condo in the heart of Penn Quarter features a large private balcony offering iconic views of the DC skyline including the Washington Monument, Navy Memorial, and National Archives Museum. This luxurious condo boasts a beautifully renovated kitchen and a unique circular floorplan designed for maximum space and comfort. Located in the prestigious Market Square East condo building, residents enjoy luxury services such as a rooftop pool, health club, and 24-hour secure front desk. If you're looking for more space, the adjacent 1 bedroom, 1 bathroom condo (1222) is also for sale, offering the possibility to combine the two units into a larger, custom living space. Situated just one block from the Metro, you'll be steps away from DC’s finest restaurants, theaters, the Capital One Arena, and have convenient access to Capitol Hill, The White House, and Regan National Airport. Additional amenities include a separate storage unit and optional rental parking. Don’t miss this opportunity to live in one of DC's most vibrant neighborhoods!

Property Details

Property Features

Property Information:

  • Architectural Style: Transitional
  • Year Built: 1991
  • Stories: 1
  • Living Area: 940 SqFt

Listing Office:

  • Office Name: Washington Fine Properties, LLC
  • Office Phone: (202) 944-5000
  • Listing Agent: Lucy Schoenthaler

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Parking: Rented/Permit Required, Off Street

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $975,000
  • Price Per SqFt: $1,037/SqFt
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Housing Market Comparison

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

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Washington, DC

City

Med. Sold Price

$676K

Med. Price/SqFt

$511

Avg. Days On Market

43

# of Sold Homes

387

701 Pennsylvania Ave NW Unit 1221 vs Washington

88 DAYS ON ROCKET

+45 Days

$975,000

+$298.9K More

$1,037/SqFt

+$526 More

KEY TAKEAWAY

This property is $298.9K more than the Median Sold Price and $526/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: #DCDC2161092

Listing Office:

  • Office Name: Washington Fine Properties, LLC
  • Office Phone: (202) 944-5000
  • Listing Agent: Lucy Schoenthaler

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: 12/22/2024, 2:21:00 PM 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.

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Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,990

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NMLS#3030

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-995135
7
/10

  • Thomson Elementary School

  • 1200 L St NW

  • 0.69 miles

  • Public District Grades EE-5

school-card-donut-995136
4
/10

  • Amidon-Bowen Elementary School

  • 401 I St SW

  • 1.04 miles

  • Public District Grades EE-5

school-card-donut-995137
7
/10

  • Seaton Elementary School

  • 1503 10th St NW

  • 1.12 miles

  • Public District Grades EE-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $142,614. Residents of Washington, DC typically earn between $100k-200k each year. The most common type of family is 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 1221

What is the listing price of this property?

The listing price of 701 Pennsylvania Ave NW Unit 1221 property is $975,000.

What type of property is this?

The property 701 Pennsylvania Ave NW Unit 1221 is a condo located in Washington, District of Columbia, 20004.

Is this property for sale now?

Active Listing: 701 Pennsylvania Ave NW Unit 1221 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 1221 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 701 Pennsylvania Ave NW Unit 1221 is 940 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 701 Pennsylvania Ave NW Unit 1221 is 1991.

Rocket Homes›District of Columbia›Washington›20004›701 Pennsylvania Ave NW Unit 1221

This home is located at 701 Pennsylvania Ave NW Unit 1221 in Washington, DC and zip code 20004 in the Downtown / Chinatown / Penn Quarter / Mount Vernon Square neighborhood. This 940 square foot home was built in 1991. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $975,000.

In November 2024, from all listings sold in Washington, DC there were more than 85 sold above asking price, over 219 sold below and more than 83 were sold right at the asked price. The number of homes for sale in Washington, DC increased by 4.8% between October 2024 and November 2024. While the average time on the market in November 2024 was 43 days, the median list price was $676,027.

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

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