NOT LISTED FOR SALE

Velocity Condominiums 1025 1st St SE Unit 1016 Washington, DC 20003

Navy Yard Neighborhood

Estimated Value: $689,000 - $729,000

2 Beds
2 Baths
1,153 Sq Ft
2009 Built

Highlights

  • River View
  • 3-minute walk to Navy Yard
  • Wood Flooring
  • Open Floorplan
  • Contemporary Architecture
  • 4-minute walk to Washington Canal Park

About This Home

As of September 2021

Immaculately maintained 2 Bedroom/2 Bath corner unit, with parking, features a balcony, beautiful floor to ceiling windows with city and river views. The open floor plan features lovely hardwood floors and a gourmet kitchen, with stainless steel appliances and granite countertops. Great, light-filled floor plan features two primary bedrooms - one with en suite bathroom with elegant contemporary styling and a large walk-in closet with built-ins. The second primary bedroom is conveniently located adjacent to the hall bath and features ample closet with built-ins. Washer and Dryer in the unit. Great location near Navy Yard, Metro, Nats Park, Whole Foods, The Wharf, Capitol Hill. Assigned parking spot in the garage is included. If you don't need the parking spot, rent is $3100/month.

Last Agent to Rent the Property

Laura Biederman

RLAH @properties Listed on: 08/10/2021

RLAH @properties

Last Renter's Agent

Zach Lipson

Real Broker, LLC License #SP98370927

Real Broker, LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,961

Year Built

  • Built in 2009

Parking

  • Basement Garage

Property Views

  • River

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,153 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Recessed Lighting
  • Insulated Windows
  • Combination Dining and Living Room

Kitchen

  • Built-In Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Doors are 32 inches wide or more
  • Property is in very good condition
  • Urban Location

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,500
  • Tenant pays for electricity, cable TV, light bulbs/filters/fuses/alarm care
  • Rent includes sewer, trash removal, water
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 8/10/21
  • Assessor Parcel Number 0699/N/2137

Community Details

Overview

  • No Home Owners Association
  • High-Rise Condominium
  • Old City I Community
  • Capitol Riverfront Subdivision
  • Property Manager

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Front Desk in Lobby

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,961

Year Built

Built in 2009

Lot Details

0

Parking

1

Rental Info

  • Date Available: 2021-08-10
  • Pets Allowed: No
  • Rent Includes: Sewer, Trash Removal, Water
  • Security Deposit: 3500.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Electricity, Cable Tv, Light Bulbs/Filters/Fuses/Alarm Care
  • Vacation Rental: No
  • Property Manager: Yes
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 32"+ Wide Doors
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-08-10
  • Year Built: 2009
  • Building Winterized: No
  • Remarks Public: Immaculately maintained 2 Bedroom/2 Bath corner unit, with parking, features a balcony, beautiful floor to ceiling windows with city and river views. The open floor plan features lovely hardwood floors and a gourmet kitchen, with stainless steel appliances and granite countertops. Great, light-filled floor plan features two primary bedrooms - one with en suite bathroom with elegant contemporary styling and a large walk-in closet with built-ins. The second primary bedroom is conveniently located adjacent to the hall bath and features ample closet with built-ins. Washer and Dryer in the unit. Great location near Navy Yard, Metro, Nats Park, Whole Foods, The Wharf, Capitol Hill. Assigned parking spot in the garage is included. If you don't need the parking spot, rent is $3100/month.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Icemaker, Microwave, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 10
  • Interior Amenities: Carpet, Combination Dining/Living, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Recessed Lighting, Soaking Tub, Upgraded Countertops, Wood Floors
  • Window Features: Insulated
  • Fireplace: No
  • Levels Count: 1
  • Room Count: 5
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1153
  • Living Area Sq Ft: 1153
  • Price Per Sq Ft: 2.78
  • Above Grade Finished Sq Ft: 1153
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1025

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete
  • View: City, River
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: No
  • Garage Features: Basement Garage, Inside Access
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

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: Desk In Lobby
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Horses: No
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 156.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Zoning: D-5

Tax Info

  • Assessor Parcel Number: 16165074
  • Assessor Parcel Number: 0699/N/2137
  • Tax Total Finished Sq Ft: 1153
  • Close Date: 09/14/2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2013
Sold by
Sq 699N Phase I Developer Llc
Bought by
Haas Nicholas A
Current Estimated Value
$712,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,038
Interest Rate
3.75%
Mortgage Type
FHA
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
Haas Nicholas A $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haas Tiffany $453,900
Closed Hass Tiffany $522,700
Closed Haas Nicholas A $540,038
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Rented $3,100 -3.1% --
09/08/2021 09/08/21 Price Changed $3,200 -3.0% $3 / Sq Ft
08/19/2021 08/19/21 Price Changed $3,300 -5.7% $3 / Sq Ft
08/10/2021 08/10/21 For Rent $3,500 +12.9% --
07/14/2019 07/14/19 Rented $3,100 0.0% --
07/07/2019 07/07/19 For Rent $3,100 -- --
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 $4,961 $685,930 $205,780 $480,150
2023 $4,903 $675,550 $202,660 $472,890
2022 $4,930 $672,500 $201,750 $470,750
2021 $4,857 $661,070 $198,320 $462,750
2020 $4,842 $645,400 $193,620 $451,780
2019 $4,606 $616,780 $185,030 $431,750
2018 $4,403 $591,400 $0 $0
2017 $4,326 $581,400 $0 $0
2016 $4,005 $542,840 $0 $0
2015 $4,065 $549,600 $0 $0
2014 $4,424 $520,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laura Biederman

    Landlord's Agent in 2021

    Laura Biederman

    Real Living at Home

    (202) 309-1350

    90 Total Sales

    Laura Biederman
    Section Image
  • Zach Lipson

    Tenant's Agent in 2021

    Zach Lipson

    Real Broker, LLC

    (301) 461-7613

    1 in this area

    66 Total Sales

    Zach Lipson
    Section Image
  • Camelia Mehrkar

    Buyer's Agent in 2019

    Camelia Mehrkar

    Allison James Estates & Homes

    (202) 701-8306

    5 Total Sales

    Camelia Mehrkar
    Section Image
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About Velocity Condominiums

Map

Source: Bright MLS

MLS Number: DCDC2006788

Bright MLS

APN: 0699N-2137

District of Columbia District of Columbia County Washington 20003 Navy Yard

1025 1st St SE Unit 1016, Washington, DC

This home is located at 1025 1st St SE Unit 1016, Washington, DC 20003 since 10 August 2021 and is currently priced at $712,919. This property was built in 2009. 1025 1st St SE Unit 1016 is a home located in District of Columbia with nearby schools including Van Ness Elementary School, Jefferson Middle School Academy, and Eastern High School.

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