701 Pennsylvania Ave. 1024 N.W., Washington acquired by Checkmate Properties LLC

The home at 701 Pennsylvania Ave. 1024 N.W., Washington, District of Columbia, was sold on June 5 by Charles F. McDowell for $1.7 million.

Checkmate Properties LLC was listed as the buyer.

Property taxes on the home totaled $11,522 in 2024, or 0.7% of the sale price.

This property is one of 505 sales in Washington, District of Columbia, between May 5 and June 5.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.