Velocity Condominiums 1025 1st St SE Unit 1314 Washington, DC 20003
Navy Yard Neighborhood
1
Bed
1
Bath
847
Sq Ft
$391/mo
HOA Fee
Highlights
- Concierge
- 3-minute walk to Navy Yard
- Gourmet Kitchen
- Bar or Lounge
- Fitness Center
- 4-minute walk to Washington Canal Park
About This Home
As of February 2021High-floor spacious condo with hardwood floors and contemporary lighting in desirable Navy Yard neighborhood. Floor to ceiling windows, granite countertops, SS appliances, washer/dryer, custom window treatments, and walk-in closet with Elfa shelving system. Garage parking spot included! Amazing rooftop pool & views. Fitness Center, meeting room and 24-hour Concierge.
Last Buyer's Agent
Brian Wilson
Redfin Corporation
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,314
Year Built
- Built in 2009
HOA Fees
- $391 Monthly HOA Fees
Parking
- 1 Subterranean Space
Home Design
- Contemporary Architecture
- Brick Exterior Construction
Interior Spaces
- 847 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Window Treatments
- Wood Flooring
Kitchen
- Gourmet Kitchen
- Built-In Oven
- Stove
- Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Accessible Home Design
- Accessible Elevator Installed
- Halls are 36 inches wide or more
- Chairlift
- Doors are 32 inches wide or more
- Ramp on the main level
Outdoor Features
Utilities
- Heat Pump System
- Electric Water Heater
- Satellite Dish
Listing and Financial Details
- Tax Lot 2183
- Assessor Parcel Number 0699/N/2183
Community Details
Overview
- Association fees include exterior building maintenance, fiber optics available, fiber optics at dwelling, lawn maintenance, management, insurance, parking fee, pool(s), reserve funds, snow removal, trash
- High-Rise Condominium
- Old City #1 Community
- Old City #1 Subdivision
- The community has rules related to moving in times
Amenities
- Concierge
- Common Area
- Meeting Room
- Party Room
- Bar or Lounge
- Elevator
Recreation
Pet Policy
- Pets Allowed
Security
- Security Service
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
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
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 | $525,000 | Community Title Network Llc | |
| Warranty Deed | $465,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $472,500 | Purchase Money Mortgage | |
| Closed | $437,000 | New Conventional | |
| Previous Owner | $470,038 | VA | |
| Previous Owner | $474,997 | VA | |
| Previous Owner | $296,102 | New Conventional |
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
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
-
Brian Wilson
B
Seller's Agent in 2021
Brian Wilson
Redfin Corporation
-
Anna-Louisa Yon
Buyer's Agent in 2021
Anna-Louisa Yon
Compass
(301) 461-3701
25 in this area
135 Total Sales
-
Steve Wydler
Seller's Agent in 2015
Steve Wydler
Compass
(703) 851-8781
194 Total Sales
-
John Breast
Seller Co-Listing Agent in 2015
John Breast
TTR Sotheby's International Realty
(202) 344-9497
About Velocity Condominiums
Map
Source: Bright MLS
MLS Number: 1003268248
APN: 0699N-2183
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