$605,000
SOLD NOV 9, 2020

703 Newton Place NW Unit 1 Washington, DC 20010

Park View Neighborhood
2 Beds
2.5 Baths
1,296 Sq Ft
$216/mo HOA Fee

Recently Sold

$467 Per Sq Ft

3% Below List Price

21 Days on Market

Highlights

  • Gourmet Kitchen
  • 3-minute walk to Georgia Ave-Petworth
  • Wood Flooring
  • Open Floorplan
  • Contemporary Architecture
  • 4-minute walk to Park View Recreation Center

About This Home

As of November 2020

HUGE price reduction! Here's the unit you've been waiting for. A two-level, sunny, spacious, two-bedroom, two and half bath condo in the heart of vibrant Park View! The unit boast high-end modern appointments, including quartz counters, stainless steel appliances, hardwood floors, and Porcelanosa kitchen and bath tile. Bedrooms are large, both with their own bath, and with large and updated closets. Central heat and air conditioning, in unit washer in dryer in large laundry and bike room, gas cooking, plenty of storage, and picture windows accentuate this clean, open, contemporary, sleek design. Pets welcome! And you're only two blocks to Petworth Metro, not to mention Hook Hall, Midlands Beer Garden, playgrounds and several sports facilities. This one has it all. So, hurry. It won't last long! Square footage based on measurements.

Last Agent to Sell the Property

Brock Thompson

Compass Listed on: 10/01/2020

Compass

Last Buyer's Agent

Ellie Shorb

Compass License #0225091415

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,420

Year Built

  • Built in 2015

Lot Details

  • Property is in excellent condition

HOA Fees

  • $216 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,296 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Bar
  • Combination Dining and Living Room
  • Wood Flooring
  • Intercom

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Electric Dryer
  • Front Loading Washer

Accessible Home Design

  • No Interior Steps
  • Ramp on the main level

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2033
  • Assessor Parcel Number 2895//2033

Community Details

Overview

  • Association fees include trash, water, insurance, management, reserve funds
  • Low-Rise Condominium
  • Park View Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,420

Year Built

Built in 2015

Lot Details

0

HOA Fees

$216 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: No Stairs, Ramp - Main Level
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 10/1/2020 12:00:00 AM
  • Year Built: 2015
  • Automatically Close On Close Date: No
  • Remarks Public: HUGE price reduction! Here's the unit you've been waiting for. A two-level, sunny, spacious, two-bedroom, two and half bath condo in the heart of vibrant Park View! The unit boast high-end modern appointments, including quartz counters, stainless steel appliances, hardwood floors, and Porcelanosa kitchen and bath tile. Bedrooms are large, both with their own bath, and with large and updated closets. Central heat and air conditioning, in unit washer in dryer in large laundry and bike room, gas cooking, plenty of storage, and picture windows accentuate this clean, open, contemporary, sleek design. Pets welcome! And you're only two blocks to Petworth Metro, not to mention Hook Hall, Midlands Beer Garden, playgrounds and several sports facilities. This one has it all. So, hurry. It won't last long! Square footage based on measurements.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Oven/Range - Gas, Washer - Front Loading, Water Heater
  • Entry Floor: 1
  • Interior Amenities: Bar, Breakfast Area, Combination Dining/Living, Dining Area, Floor Plan - Open, Kitchen - Gourmet, Pantry, Wood Floors
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1296
  • Living Area Sq Ft: 1296
  • Price Per Sq Ft: 462.19
  • Above Grade Finished Sq Ft: 1296
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 703

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Intercom
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 216.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Trash, Water, Insurance, Management, Reserve Funds
  • HOA: No
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Property Condition: Excellent
  • Soil Types: Unknown
  • Year Assessed: 2019
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 4420.00
  • Assessor Parcel Number: 2895//2033
  • Tax Lot: 2033
  • Tax Total Finished Sq Ft: 1151
  • Tax Year: 2019
  • Close Date: 11/09/2020

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2023
Sold by
Hong Eric
Bought by
Zhu Jamie
Current Estimated Value
$653,942

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 5, 2020
Sold by
Head Daniel and Sady Darek
Bought by
Hong Eric and Zhu Jamie
Seller's Agent
Brock Thompson
Compass
Buyer's Agent
Ellie Shorb
Compass
List Price
$625,000
Sold Price
$605,000
Premium/Discount to List
-$20,000
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.65%
Original Mortgage
$484,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2015
Closed on
Oct 9, 2015
Sold by
Newton Street Partners Llc
Bought by
Head Daniel and Sady Darek
Seller's Agent
Nate Guggenheim
Washington Fine Properties, LLC
Buyer's Agent
Brock Thompson
Compass
List Price
$599,900
Sold Price
$530,900
Premium/Discount to List
-$69,000
-11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.60%
Original Mortgage
$451,265
Interest Rate
3.88%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $337,515 Paragon Title
Special Warranty Deed $605,000 Paragon Title & Escrow Co
Special Warranty Deed $530,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $484,000 New Conventional
Previous Owner $30,000 Commercial
Previous Owner $447,000 New Conventional
Previous Owner $451,265 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2020 11/09/20 Sold $605,000 +1.0% $467 / Sq Ft
10/14/2020 10/14/20 Price Changed $599,000 -4.2% $462 / Sq Ft
10/01/2020 10/01/20 For Sale $625,000 +17.7% $482 / Sq Ft
10/09/2015 10/09/15 Sold $530,900 0.0% $410 / Sq Ft
09/10/2015 09/10/15 Pending -- -- --
09/08/2015 09/08/15 Off Market $530,900 -- --
08/15/2015 08/15/15 Price Changed $549,900 -8.3% $424 / Sq Ft
07/17/2015 07/17/15 For Sale $599,900 -- $463 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,943 $683,750 $205,120 $478,630
2023 $4,899 $675,030 $202,510 $472,520
2022 $4,801 $657,300 $197,190 $460,110
2021 $4,786 $652,720 $195,820 $456,900
2020 $4,847 $645,900 $193,770 $452,130
2019 $4,420 $614,490 $184,350 $430,140
2018 $4,030 $550,260 $0 $0
2017 $3,671 $504,350 $0 $0
2016 $3,678 $504,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC488946

Bright MLS

APN: 2895-2033