NOT LISTED FOR SALE

703 Randolph St NW Unit A Washington, DC 20011

Petworth Neighborhood

Estimated Value: $825,000 - $1,078,000

4 Beds
3.5 Baths
2,297 Sq Ft
$415/Sq Ft Est. Value

Last Sold July 23, 2024

Last sale price $980,000 $427 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,780/month

72 Days on Market

Highlights

  • New Construction
  • 4-minute walk to Georgia Ave-Petworth
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • Electric Vehicle Home Charger
  • 5-minute walk to Petworth Recreation Center

About This Home

As of July 2024

Introducing an exquisite, brand new construction penthouse unit located in the vibrant Petworth neighborhood. 703 Randolph St NW #A is a luxurious residence that spans two stories and has more than 3,000 sqft of living space including the private roof deck, four spacious bedrooms and three and a half modern bathrooms. The open-concept living, dining, and kitchen area is bathed in natural light, creating a bright and welcoming ambiance. The kitchen is a masterpiece of contemporary design, featuring sleek dark cabinetry, white quartz countertops, a waterfall island with ample seating, modern pendant lighting, and top-of-the-line stainless steel Bosch panel-ready appliances. Other kitchen highlights include a tall wine refrigerator, Jennair coffee maker, and Smart kitchen faucet, along with a convenient glass rinser. The living room offers a cozy retreat with a gas fireplace and custom built-in space for your TV. Throughout the home, smart power outlets and built-in speakers enhance convenience and energy efficiency. Upstairs, the spacious bedrooms are adorned with ceiling fans for added comfort and plenty of closet space. You’ll also notice a unique touch with the original sliding door artfully repurposed to serve as a bedroom door, adding rustic charm and character to the home. Ascend to the crown jewel of the home - a 1,000 sqft private roof deck with an electric door, fire pit, sink, and grill, creating an ideal space for gatherings and enjoying city views. As an added level of convenience, enjoy an off-street private parking space with electric charging capabilities. Located in the heart of Petworth, this residence offers proximity to an array of nearby restaurants, the metro, grocery stores, and more. Don't miss the chance to experience the epitome of contemporary urban living in this immaculate penthouse. Schedule your private tour today!

Last Agent to Sell the Property

Jennifer Smira

(202) 340-7675 jsmira@compass.com Compass License #0225195388 Listed on: 11/30/2023

Compass

Co-Listed By

Jill Patel

(202) 302-3797 jpatel@compass.com TTR Sotheby's International Realty

Last Buyer's Agent

James Ricciuti

(240) 793-4123 jamesr@c21redwood.com Century 21 Redwood Realty License #SP200205606

Century 21 Redwood Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,492

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Property is in excellent condition

HOA Fees

  • $362 Monthly HOA Fees

Home Design

  • Semi-Detached or Twin Home

Interior Spaces

  • 2,297 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

Parking

  • Electric Vehicle Home Charger
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 3132//2001

Community Details

Overview

  • Association fees include water, gas, reserve funds
  • Petworth Subdivision

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,492

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$362 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Ownership: Condominium
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Remarks Public: Introducing an exquisite, brand new construction penthouse unit located in the vibrant Petworth neighborhood. 703 Randolph St NW #A is a luxurious residence that spans two stories and has more than 3,000 sqft of living space including the private roof deck, four spacious bedrooms and three and a half modern bathrooms. The open-concept living, dining, and kitchen area is bathed in natural light, creating a bright and welcoming ambiance. The kitchen is a masterpiece of contemporary design, featuring sleek dark cabinetry, white quartz countertops, a waterfall island with ample seating, modern pendant lighting, and top-of-the-line stainless steel Bosch panel-ready appliances. Other kitchen highlights include a tall wine refrigerator, Jennair coffee maker, and Smart kitchen faucet, along with a convenient glass rinser. The living room offers a cozy retreat with a gas fireplace and custom built-in space for your TV. Throughout the home, smart power outlets and built-in speakers enhance convenience and energy efficiency. Upstairs, the spacious bedrooms are adorned with ceiling fans for added comfort and plenty of closet space. You’ll also notice a unique touch with the original sliding door artfully repurposed to serve as a bedroom door, adding rustic charm and character to the home. Ascend to the crown jewel of the home - a 1,000 sqft private roof deck with an electric door, fire pit, sink, and grill, creating an ideal space for gatherings and enjoying city views. As an added level of convenience, enjoy an off-street private parking space with electric charging capabilities. Located in the heart of Petworth, this residence offers proximity to an array of nearby restaurants, the metro, grocery stores, and more. Don't miss the chance to experience the epitome of contemporary urban living in this immaculate penthouse. Schedule your private tour today!
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2297
  • Living Area Sq Ft: 2297
  • Price Per Sq Ft: 434.92
  • Above Grade Finished Sq Ft: 2297
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 703

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Electric Vehicle Charging Station(s)
  • Type Of Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 362.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Water, Gas, 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: Urban Land-Sassafras-Chillum
  • Zoning: RF-1 RESIDENTIAL FLAT ZON
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 8491.50
  • Assessor Parcel Number: 3132//2001
  • Tax Year: 2023
  • Close Date: 07/23/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Jul 23, 2024
Sold by
703 Randolph Street Llc
Bought by
Amini Babak Martin
Seller's Agent
Jennifer Smira
Compass
Buyer's Agent
James Ricciuti
Century 21 Redwood Realty
List Price
$999,000
Sold Price
$980,000
Premium/Discount to List
-$19,000
-1.9%
Views
104
Current Estimated Value
$953,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,591
Avg. Annual Appreciation
-2.27%
Original Mortgage
$784,000
Outstanding Balance
$774,564
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$178,845
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Amini Babak Martin $980,000 First American Title Insurance
Amini Babak Martin $980,000 First American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amini Babak Martin $784,000
Closed Amini Babak Martin $784,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2024 07/23/24 Sold $980,000 -1.9% $427 / Sq Ft
02/02/2024 02/02/24 For Sale $999,000 0.0% $435 / Sq Ft
01/20/2024 01/20/24 Off Market $999,000 -- --
11/30/2023 11/30/23 For Sale $999,000 -- $435 / 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 $4,118 $969,030 $290,710 $678,320
2023 $11,367 $1,352,000 $405,600 $946,400
2022 $11,375 $1,352,000 $405,600 $946,400
2021 $11,379 $1,352,000 $405,600 $946,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2120218

Bright MLS

APN: 3132-2003