NOT LISTED FOR SALE

Velocity Condominiums 1025 1st St SE Unit 1314 Washington, DC 20003

Navy Yard Neighborhood

Estimated Value: $475,000 - $534,780

1 Bed
1 Bath
847 Sq Ft
$449/mo HOA Fee

Last Sold February 26, 2021

Last sale price $525,000 $620 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,591/month

2 Days on Market

Highlights

  • Concierge
  • 3-minute walk to Navy Yard
  • Panoramic View
  • Fitness Center
  • Eat-In Gourmet Kitchen
  • 4-minute walk to Washington Canal Park

About This Home

As of February 2021

Rarely available light-filled 13th floor 1BR/1BA w/ garage parking now available at the Velocity in desirable Navy Yard just a short walk to Metro! Hardwood floors! Open granite kitchen w/ island, custom cabinets & stainless steel appliances! Floor to ceiling windows! Huge walk-in closet w/ ELFA shelving! In unit washer & dryer! Amenities include rooftop pool w/ DC monument views, fitness center, 24-hour concierge & more! Call today for your private showing!

Last Agent to Sell the Property

Brian Wilson

Redfin Corporation Listed on: 01/29/2021

Redfin Corporation

Last Buyer's Agent

Anna-Louisa Yon

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,957

Year Built

  • Built in 2009

Lot Details

  • Downtown Location
  • Property is in excellent condition

HOA Fees

  • $449 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Basement Garage
  • Side Facing Garage
  • Garage Door Opener

Property Views

  • Panoramic
  • Scenic Vista

Home Design

  • Contemporary Architecture

Interior Spaces

  • 847 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Front Loading Dryer
  • Front Loading Washer

Utilities

  • Forced Air Heating and Cooling System
  • Water Dispenser
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2183
  • Assessor Parcel Number 0699/N/2183

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, custodial services maintenance, exterior building maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, pool(s), recreation facility, reserve funds, sewer, trash
  • High-Rise Condominium
  • Old City I Community
  • Old City #1 Subdivision

Amenities

  • Concierge
  • Common Area
  • Meeting Room
  • Elevator

Recreation

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,957

Year Built

Built in 2009

Lot Details

0

HOA Fees

$449 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
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-01-29
  • Year Built: 2009
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Dryer - Front Loading, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Washer - Front Loading, Water Dispenser, Water Heater
  • Entry Floor: 13
  • Flooring Type: Hardwood
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Has Laundry, Hookup, Main Floor, Washer In Unit
  • Total Sq Ft: 847
  • Living Area Sq Ft: 847
  • Price Per Sq Ft: 619.83
  • Above Grade Finished Sq Ft: 847
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1025

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • 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: Combination
  • View: City, Panoramic, Scenic Vista
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Basement Garage, Built In, Covered Parking, Garage - Side Entry, Garage Door Opener, Inside Access, Underground
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • 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: 449.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Exercise Room, Fitness Center, Meeting Room, Pool - Outdoor, Security, Swimming Pool
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Sewer, Trash
  • 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: Loam
  • Year Assessed: 2020
  • Zoning: RES
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3957.00
  • Assessor Parcel Number: 0699/N/2183
  • Tax Lot: 2183
  • Tax Total Finished Sq Ft: 847
  • Tax Year: 2020
  • Close Date: 02/26/2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Feb 25, 2021
Sold by
Schons Nicholas J
Bought by
Krahl Laura Jean
Seller's Agent
Brian Wilson
Redfin Corporation
Buyer's Agent
Anna-Louisa Yon
Compass
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$517,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,805
Avg. Annual Appreciation
0.67%
Original Mortgage
$472,500
Outstanding Balance
$428,348
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$112,586

Purchase Details

Listed on
Dec 1, 2014
Closed on
Jan 30, 2015
Sold by
Ballowe Mason H
Bought by
Schons Nicholas J
Seller's Agent
Steve Wydler
Compass
Buyer's Agent
Brian Wilson
Redfin Corporation
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.02%
Original Mortgage
$474,997
Interest Rate
3.84%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Krahl Laura Jean $525,000 Community Title Network Llc
Schons Nicholas J $465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krahl Laura Jean $472,500
Closed Schons Nicholas J $437,000
Previous Owner Schons Nicholas J $470,038
Previous Owner Schons Nicholas J $474,997
Previous Owner Ballowe Mason H $296,102
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $525,000 0.0% $620 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $525,000 0.0% $620 / Sq Ft
01/26/2021 01/26/21 Price Changed $525,000 +12.9% $620 / Sq Ft
01/30/2015 01/30/15 Sold $465,000 -2.1% $549 / Sq Ft
12/19/2014 12/19/14 Pending -- -- --
12/01/2014 12/01/14 For Sale $475,000 -- $561 / 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 $3,885 $559,230 $167,770 $391,460
2023 $3,817 $547,710 $164,310 $383,400
2022 $4,040 $567,730 $170,320 $397,410
2021 $3,955 $554,890 $166,470 $388,420
2020 $3,957 $541,250 $162,370 $378,880
2019 $3,745 $515,480 $154,640 $360,840
2018 $3,577 $494,230 $0 $0
2017 $3,477 $481,460 $0 $0
2016 $3,835 $451,220 $0 $0
2015 $3,702 $435,550 $0 $0
2014 -- $404,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Brian Wilson

    Redfin Corporation

    Brian Wilson
    Section Image
  • Anna-Louisa Yon

    Buyer's Agent in 2021

    Anna-Louisa Yon

    Compass

    (301) 461-3701

    25 in this area

    135 Total Sales

    Anna-Louisa Yon
    Section Image
  • Steve Wydler

    Seller's Agent in 2015

    Steve Wydler

    Compass

    (703) 851-8781

    194 Total Sales

    Steve Wydler
    Section Image
  • John Breast

    Seller Co-Listing Agent in 2015

    John Breast

    TTR Sotheby's International Realty

    (202) 344-9497

    John Breast
    Section Image
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About Velocity Condominiums

Map

Source: Bright MLS

MLS Number: DCDC504946

Bright MLS

APN: 0699N-2183

District of Columbia District of Columbia County Washington 20003 Navy Yard

1025 1st St SE Unit 1314, Washington, DC

This home is located at 1025 1st St SE Unit 1314, Washington, DC 20003 since 29 January 2021 and is currently estimated at $517,195, approximately $610 per square foot. This property was built in 2009. 1025 1st St SE Unit 1314 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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