RSS FeedCribs XXI: Totally Over The Top!
We’ve seen lots of Penn Quarter and downtown cribs in our time and once you’ve been in all the buildings, you tend to get a bit jaded. What’s another granite counter top and high ceiling when that’s what sets the standard? But, we now see a listing for a condo that makes our jaw drop.
Today we’re pointing out a penthouse condo for sale at 1010 Massachusetts Ave, PH-103, with 2 bedrooms, 3 bathrooms, 1 half bath, a large balcony, and it is a stunner. Perched on the northwestern corner of the building, the balcony commands views of the National Cathedral and neighborhoods to the north. The main living/dining room area was reconfigured from the original floor plan to turn into a truly expansive area. The master bedroom faces west which catches the afternoon sun. There is no doubt that some great parties could be hosted here!
The MLS number is DC7764090, the list price is $2,199,000, and the listed area size is 2,266 square feet. It has extra storage space and 3 parking spots and a condo fee of $1,367 per month. For today’s analysis, we’ll assign $50K for each of the parking spots, $10K for the storage, and $200K for the amazing view and extra upgrades over the stock configuration. That leaves us at $1.839 million resulting in an $811 per square foot price. The condo fee comes in at 60.3 cents per square foot which is in the upper end of the normal range but certainly not the highest cost building for downtown condo fees. The last recorded sale for this unit was on January 17, 2008 for $1,647,000.
Totally over the top!
1010 Massachusetts Ave, NW – Unit PH-103 (1303) – Redfin Listing
1010 Massachusetts Ave, NW – Unit PH-103 (1303) – Photos
(Our Cribs post series explores homes for sale or rent in the downtown DC area. None of these posts are paid placements.)
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Beautiful, but $2.2m for only 2 bedrooms is tough to choke down… It looked like there might be a study of some sort tucked behind the exercise machines, but I guess you are really paying for the views and 3 parking spots which is huge