$368,000
SOLD DEC 22, 2017

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

Navy Yard Neighborhood
-- Bed
1 Bath
644 Sq Ft
$332/mo HOA Fee

Recently Sold

$571 Per Sq Ft

2% Below List Price

18 Days on Market

Highlights

  • Concierge
  • 3-minute walk to Navy Yard
  • Open Floorplan
  • Fitness Center
  • 24-Hour Security
  • 4-minute walk to Washington Canal Park

About This Home

As of May 2021

Stunning condo w/ a private balcony + garage parking in the heart of Navy Yard. This oversized studio offers a full service building, chefs kitchen w/ granite countertops, hardwood floors, washer/dryer, & living area boasts floor to ceiling windows. Building amenities: rooftop pool, fitness & party rooms, and 24-hr concierge. Steps to Metro, Nationals Park, & upcoming Whole Foods. Pet friendly.

Last Agent to Sell the Property

April Brown

RLAH @properties License #SP98358958 Listed on: 11/16/2017

RLAH @properties

Last Buyer's Agent

JOHN MARCARIO

Century 21 Redwood Realty License #SP98376409

Century 21 Redwood Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,027

Year Built

  • Built in 2009

HOA Fees

  • $332 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1 Full Bathroom
  • 644 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Kitchen and Living
  • Efficiency Studio
  • Wood Flooring
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Home Security

  • Exterior Cameras
  • Monitored

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

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

Community Details

Overview

  • Moving Fees Required
  • Association fees include insurance, reserve funds, exterior building maintenance, lawn maintenance, management, pool(s), snow removal
  • High-Rise Condominium
  • Velocity Community
  • Old City #1 Subdivision

Amenities

  • Concierge
  • Picnic Area
  • Common Area
  • Meeting Room
  • Elevator

Recreation

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,027

Year Built

Built in 2009

Lot Details

0

HOA Fees

$332 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 2009
  • Remarks Public: Stunning condo w/ a private balcony + garage parking in the heart of Navy Yard. This oversized studio offers a full service building, chefs kitchen w/ granite countertops, hardwood floors, washer/dryer, & living area boasts floor to ceiling windows. Building amenities: rooftop pool, fitness & party rooms, and 24-hr concierge. Steps to Metro, Nationals Park, & upcoming Whole Foods. Pet friendly.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer - Front Loading, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer - Front Loading, Washer/Dryer Stacked, Water Heater
  • Interior Amenities: Combination Kitchen/Living, Upgraded Countertops, Elevator, Wood Floors, Floor Plan - Open, Efficiency
  • Fireplace: No
  • Entry Location: Floors 11-15
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 644
  • Living Area Sq Ft: 644
  • Price Per Sq Ft: 582.30
  • Above Grade Finished Sq Ft: 644
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1025

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Garage Features: Underground

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Desk In Lobby, Exterior Cameras, Fire Detection System, Main Entrance Lock, Monitored, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 332.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Exercise Room, Fitness Center, Meeting Room, Picnic Area, Pool - Outdoor, Security, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Insurance, Reserve Funds, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Snow Removal
  • HOA Condo Co-Op Rules: Moving Fees Required
  • HOA: No
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950

Lot Info

  • Improvement Assessed Value: 264880.00
  • Land Assessed Value: 113520.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2016
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16165053
  • Tax Annual Amount: 3027.02
  • Assessor Parcel Number: 0699/N/2161
  • Tax Lot: 2161
  • Tax Total Finished Sq Ft: 644
  • Tax Year: 2016
  • Close Date: 12/22/2017

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

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
$420,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,453
Avg. Annual Appreciation
1.26%
Original Mortgage
$324,000
Outstanding Balance
$296,931
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$129,272

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%
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
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

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 $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

    2 in this area

    163 Total Sales

    Kate Herzig
    Section Image
  • Steve Swank

    Buyer's Agent in 2021

    Steve Swank

    McWilliams/Ballard, Inc.

    (202) 841-7965

    1 in this area

    173 Total Sales

    Steve Swank
    Section Image
  • April Brown

    Seller's Agent in 2017

    April Brown

    Real Living at Home

    (202) 630-2611

    13 Total Sales

    April Brown
    Section Image
  • JOHN MARCARIO

    Buyer's Agent in 2017

    JOHN MARCARIO

    Century 21 Redwood Realty

    (703) 244-2075

    95 Total Sales

    JOHN MARCARIO
    Section Image
See All Agents

About Velocity Condominiums

Map

Source: Bright MLS

MLS Number: 1004151737

Bright MLS

APN: 0699N-2161

District of Columbia District of Columbia County Washington 20003 Navy Yard

1025 1st St SE Unit 1208, Washington, DC

This home is located at 1025 1st St SE Unit 1208, Washington, DC 20003 and is currently priced at $368,000, approximately $571 per square foot. This property was built in 2009. 1025 1st St SE Unit 1208 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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