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$550,000

Beds
2
Baths
1.0
sq ft
1,321

4514 Connecticut Ave NW Unit 505, Washington, DC 20008

4514 Connecticut Ave NW Unit 505

WASHINGTON, DC 20008

  • 7 days on market
If space is high on your list of must-haves, you have to check out this expansive penthouse unit in the coveted Ponce de Leon building! With over 1300 square feet and 9 foot ceilings, this unit defines gracious living. You enter the top floor space directly across the hall from one of two elevators to the main lobby and are greeted by a large foyer and equally spacious coat closet. From the foyer, you'll find a massive living space complete with a full wall of build in bookshelves, just refinished original hardwood floors. On the other side of the foyer, you'll find the formal dining room, with a modern chandelier and views into the large second bedroom space - ideal as a work from home office and guest space. Behind the dining room is the recently renovated full kitchen with stainless steel appliances, stone countertops, and an eat-in breakfast nook. The primary bedroom is located at the back of the unit and features two large closets with amble storage and a wall mounted television that conveys with the unit. The original bathroom stands the test of time with charming black and white hex tile floors and subway tile bath and shower surround. The hallway also has a large linen closet for additional storage. Centrally located on Connecticut Avenue just one block from the Van Ness metro station, the Ponce De Leon is walking to your favorite DC spots, including Bread Furst, Sfogalina, Italian Pizza Kitchen, Comet Ping Pong, Bucks Fishing & Camping, Rosemary Bistro & more. In addition, you have easy access to Politics and Prose, Calvert Woodley Wines, Giant, CVS, and the Saturday UDC Farmers Market. The building is just 4 minutes from the Soapstone Valley Trail entrance on Albemarle, a great hiking trail into Rock Creek Park. Laundry is available on every floor, the building is pet friendly. Parking is available for rent and there is a bike storage room in the building. The building is pet friendly and rental is allowed with restrictions. As a penthouse unit, this is one of the only units in the building with a central HVAC system vs. the original radiator heating. Co-op fee includes water, sewer, building maintenance, insurance and property taxes, there is no underlying mortgage and no special assessments.

Details

Property type

Stock Cooperative

Lot size

Unknown

Price per sq ft

$417

Year built

1928

HOA

No

Price History

02/25/2025
Bright

Bright #DCDC2186720

Listed
$550,000
+30.18%
07/29/2014
Bright

Bright #1003038934

Sold
$422,500

Schools & Community

Neighborhood: 

Wakefield

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

National Cooperative Bank Na

Loan start date

August 2016

Original loan amount

$899,000

Est. remaining balance

Not provided

Interest rate

3.54%

Loan type

Not Provided

Seller

The Ponce De Leon Cooperative Inc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/04/2025 at 12:15 AM

Listing updated: 02/27/2025 at 5:03 PM

Listed by: Jaime Willis, Compass Phone #: (301) 298-1001

MLS: Bright #DCDC2186720

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