NOT LISTED FOR SALE

Velocity Condominiums 1025 1st St SE Unit 1208 Floor 12 Washington, DC 20003

Navy Yard Neighborhood

Estimated Value: $402,000 - $434,000

Studio
1 Bath
644 Sq Ft
87 Sq Ft Lot

Sale Details

Date Sold: May 27, 2021

Last sale price $405,000 $629 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,911 / mo

Highlights

  • Concierge
  • 3-minute walk to Navy Yard
  • Contemporary Architecture
  • Fitness Center
  • City View
  • 3-minute walk to Washington Canal Park

About This Home

As of May 2021

Bright Oversized Studio Featuring a Private Balcony and Garage Parking. Beautiful Wood Flooring Throughout. Floor to Ceiling Windows Provide an Abundance of Natural Light and Sprawling Views. Gourmet Kitchen with Stainless Steel Appliances, Granite Countertops, and Backsplash. Washer & Dryer in Unit. Huge Owner's Bath with Walk-in Shower. Elfa Custom Closets and Brand New HVAC. Excellent Building Amenities, including a Newly Remodeled Fitness Center, Meeting Room, 24-hour Concierge, and Rooftop Pool. Location, Location, Location! Forbes Magazine named the Navy Yard one of the Coolest Neighborhoods Around the World. Capitol Hill, Nationals Park, and the Riverfront are a Short Walk from Home. 2 Blocks to Navy Yard Metro. Enjoy easy access to I-295 and I-395. Pets Allowed. 1 Garage Parking Space Included.

Last Agent to Sell the Property

Kate Herzig

(866) 825-7169 va.broker@exprealty.net EXP Realty, LLC License #0225208529 Listed on: 04/19/2021

EXP Realty, LLC

Last Buyer's Agent

Steve Swank

(202) 280-2396 steve.swank@compass.com McWilliams/Ballard, Inc. License #0225239606

McWilliams/Ballard, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,720

Year Built

  • Built in 2009

Lot Details

  • 87

HOA Fees

  • $341 Monthly HOA Fees

Parking

  • Assigned parking located at #P3-197
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Entry on the 12th floor
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 644 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Balcony
  • Property is in excellent condition

Listing and Financial Details

  • Tax Lot 2161
  • Assessor Parcel Number 0699/N/2161

Community Details

Overview

  • $500 Elevator Use Fee
  • Association fees include common area maintenance, exterior building maintenance, management, pool(s), recreation facility, reserve funds, snow removal, trash
  • High-Rise Community
  • Velocity Condominium Condos
  • Velocity Community
  • Navy Yard Subdivision

Amenities

  • Concierge
  • Common Area
  • Party Room
  • Elevator

Recreation

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,720

Year Built

Built in 2009

Lot Details

87 Sq Ft Lot

HOA Fees

$341 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 4/19/2021 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 2009
  • Assigned Parking Space Numbers: P3-197
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Stove, Built-In Microwave, Refrigerator, Icemaker, Dishwasher, Washer, Dryer
  • Entry Floor: 12
  • Interior Amenities: Wood Floors, Upgraded Countertops
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 644
  • Living Area Sq Ft: 644
  • Price Per Sq Ft: 628.88
  • Above Grade Finished Sq Ft: 644
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Garage Features: Underground, Garage Door Opener
  • 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: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 340.73
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Velocity Condominium
  • Elevator Use Fee: 500.00
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Exercise Room, Party Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Pool(s), Recreation Facility, Reserve Funds, Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Soil Types: Urban Land Not Rated
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2720.00
  • Assessor Parcel Number: 0699/N/2161
  • Tax Lot: 2161
  • Tax Year: 2020

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
May 24, 2021
Sold by
Bought by
Seller's Agent
Kate Herzig
EXP Realty, LLC
Buyer's Agent
Steve Swank
McWilliams/Ballard, Inc.
List Price
$405,000
Sold Price
$405,000
Current Estimated Value
$415,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,159
Avg. Annual Appreciation
0.48%
Original Mortgage
$324,000
Interest Rate
0.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 16, 2017
Closed on
Nov 22, 2017
Sold by
Bought by
Seller's Agent
April Brown
RLAH @properties
Buyer's Agent
JOHN MARCARIO
Century 21 Redwood Realty
List Price
$375,000
Sold Price
$368,000
Premium/Discount to List
-$7,000
-1.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$405,000 Community Title Network Llc
$368,000 Mid-Atlantic Stlmnt Svcs Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $324,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2021 05/27/21 Sold $405,000 0.0% $629 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $405,000 +10.1% $629 / Sq Ft
12/22/2017 12/22/17 Sold $368,000 -1.9% $571 / Sq Ft View Prior Sale
12/04/2017 12/04/17 Pending -- -- --
11/16/2017 11/16/17 For Sale $375,000 -- $582 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,698 $450,650 $135,190 $315,460
2024 $3,694 $449,820 $134,950 $314,870
2023 $3,633 $442,090 $132,630 $309,460
2022 $3,348 $407,650 $122,300 $285,350
2021 $2,742 $412,280 $123,680 $288,600
2020 $2,720 $395,750 $118,720 $277,030
2019 $2,807 $405,080 $121,520 $283,560
2018 $2,678 $388,360 $0 $0
2017 $3,216 $378,400 $0 $0
2016 $3,027 $356,120 $0 $0
2015 $2,918 $343,270 $0 $0
2014 $2,712 $319,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kate Herzig

    Seller's Agent in 2021

    Kate Herzig

    EXP Realty, LLC

    (703) 969-8660

    153 Total Sales

    Kate Herzig
    Section Image
  • Steve Swank

    Buyer's Agent in 2021

    Steve Swank

    McWilliams/Ballard, Inc.

    (202) 841-7965

    176 Total Sales

    Steve Swank
    Section Image
  • April Brown

    Seller's Agent in 2017

    April Brown

    Real Living at Home

    (202) 630-2611

    10 Total Sales

    April Brown
    Section Image
  • JOHN MARCARIO

    Buyer's Agent in 2017

    JOHN MARCARIO

    Century 21 Redwood Realty

    (703) 244-2075

    75 Total Sales

    JOHN MARCARIO
    Section Image
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About Velocity Condominiums

Map

Source: Bright MLS

MLS Number: DCDC517222

Bright MLS

APN: 0699N-2161

District of Columbia District of Columbia County Washington 20003 Navy Yard

1025 1st St SE Unit 1208, Washington, DC

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