Velocity Condominiums 1025 1st St SE Unit 1208 Washington, DC 20003
Navy Yard Neighborhood
--
Bed
1
Bath
644
Sq Ft
$341/mo
HOA Fee
Highlights
- Concierge
- 3-minute walk to Navy Yard
- Contemporary Architecture
- Fitness Center
- City View
- 4-minute walk to Washington Canal Park
About This Home
As of May 2021Bright 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
EXP Realty, LLC License #0225208529 Listed on: 04/19/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,720
Year Built
- Built in 2009
HOA Fees
- $341 Monthly HOA Fees
Parking
- Assigned parking located at #P3-197
- Garage Door Opener
Home Design
- Contemporary Architecture
- 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
- 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 Condominium
- Velocity Condominium Condos
- Velocity Community
- Navy Yard Subdivision
Amenities
- Concierge
- Common Area
- Party Room
- Elevator
Recreation
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 19, 2021
Closed on
May 24, 2021
Sold by
Cramer Mary Elizabeth
Bought by
Perry Theodore
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,129
Avg. Annual Appreciation
1.07%
Original Mortgage
$324,000
Outstanding Balance
$296,931
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$126,410
Purchase Details
Listed on
Nov 16, 2017
Closed on
Nov 22, 2017
Sold by
Cartus Financial Corporation A Delaware
Bought by
Cramer Mary Elizabeth
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%
Similar Homes in Washington, DC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $405,000 | Community Title Network Llc | |
| Special Warranty Deed | $368,000 | Mid-Atlantic Stlmnt Svcs Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $324,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 Compared to Growth
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 | $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
-
Seller's Agent in 2021
Kate Herzig
EXP Realty, LLC
(703) 969-8660
2 in this area
168 Total Sales
-
Buyer's Agent in 2021
Steve Swank
McWilliams/Ballard, Inc.
(202) 841-7965
1 in this area
174 Total Sales
-
Seller's Agent in 2017
April Brown
Real Living at Home
(202) 630-2611
13 Total Sales
-
Buyer's Agent in 2017
JOHN MARCARIO
Century 21 Redwood Realty
(703) 244-2075
91 Total Sales
About Velocity Condominiums
Map
Source: Bright MLS
MLS Number: DCDC517222
APN: 0699N-2161
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