** PENDING SALE ** UNDER CONTRACT **
Ideal in-town condo in the absolute heart of downtown Washington,DC. On "The Avenue of Presidents" across from the National Mall, a full range of amenities await you in this stately building and vibrant Penn Quarter neighborhood. Incredible location, luxury building with resort-like rooftop terrace, safe + desirable neighborhood, and a direct view of the US Capitol from the residence. A rare find.
CONTACT SELLER FOR CONDITIONS OF SALE.
CONDO IS ALSO AVAILABLE TO RENT -- see listing here: https://postlets.com/r/601-pennsylvania-ave-nw-washington-dc-20004/10459600
Most amazing neighborhood -- across from the National Mall (can't live any closer), all the parades originate a block away, countless restaurants within a 10 block radius, Smithsonian and other museums and galleries also within the downtown area known as Penn Quarter (includes Federal Triangle, the Gallery District, and "Downtown DC"). Everything happens here -- no separate trip to make -- it's right outside! The Navy Band plays 1 block away, jazz every Friday evening across the street at the National Archives garden during the summer, major television broadcasts of special events take place on the Mall 2 blocks away, etc, etc, etc. And it can be seen from the fantastic rooftop terrace -- views in all directions: US Capitol, Washington Monument, Smithsonian Castle, Federal Triangle stately structures, even the Washington National Cathedral. Go out, walk around, visit any number of special exhibits (usually free), enjoy a good meal, shop or take in a gallery, and return home for wine on the roof terrace or on your own covered balcony (both with a view of the Capitol lit up at night). No car or even subway ride is needed. However, Zipcar is just 2 blocks away and Capital Bikeshare is at each Metro station -- just 1 block away. Verizon Center is just 3 blocks north -- home to major sports & entertainment venues. This neighborhood is clean, regal, safe and central to all major events in the Nation's Capitol. And this (your) condo is front seat.
- Built in 1991
- HOA Fee: $543
- Cooling: Central
- Heating: Forced air
- Laundry: In Unit
- Last sold: Jul 2014 for $470,000
- Price/sqft: $691
- Controlled Access
- Fitness Center
- Flooring: Hardwood
- View: City
- Covered balcony with direct view of US Capitol dome just 5 blocks away. Rooftop terr is resort grade
- Garbage disposal
- Range / Oven
- Exterior material: Brick
- Room count: 3
- Structure type: Colonial
- Unit count: 1
- Floor size: 680 sqft
- Last remodel year: 2006
- Parcel #: 0459 2118
- Unit floor #: 11
- Zillow Home ID: 409016
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Market guideZillow predicts Penn Quarter home values will increase 1.3% next year, compared to a 2.5% increase for Washington as a whole. Among Penn Quarter homes, this home is valued 13% less than the midpoint (median) home, but is valued 13.5% more per square foot.
Foreclosures will be a factor impacting home values in the next several years. In Penn Quarter, the number of foreclosures waiting to be sold is 44.3% greater than in Washington, and 13.6% higher than the national average. This higher local number may prevent Penn Quarter home values from rising as quickly as other regions in Washington.
Learn more about forecast calculations or Penn Quarter home values.
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