NOT LISTED FOR SALE

Velocity Condominiums 1025 1st St SE Unit 302 Washington, DC 20003

Navy Yard Neighborhood

Estimated Value: $462,000 - $516,000

1 Bed
1 Bath
787 Sq Ft
$407/mo HOA Fee

Last Sold October 11, 2017

Last sale price $510,000 $648 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,419/month

3 Days on Market

Highlights

  • Concierge
  • 3-minute walk to Navy Yard
  • Open Floorplan
  • Fitness Center
  • Gourmet Kitchen
  • 4-minute walk to Washington Canal Park

About This Home

As of October 2017

1 bed 1 bath condo w/garage prkg at The Velocity! Floor to ceiling windows flood this unit w/natural light, showcasing open floor plan. Spacious kitchen features sparkling granite backsplash/counters, all SS appliances & island. Hardwood floors. Private patio w/garden view. 24/7 concierge, gym & rooftop pool. Heart of Navy Yard! Steps to metro, Nat Park, & shops. Offers due by 8pm on Mon 9/11

Last Agent to Sell the Property

Sheena Saydam

Keller Williams Capital Properties License #638126 Listed on: 09/07/2017

Keller Williams Capital Properties

Co-Listed By

Han Saydam

Keller Williams Capital Properties

Last Buyer's Agent

Sheena Saydam

Keller Williams Capital Properties License #638126 Listed on: 09/07/2017

Keller Williams Capital Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,382

Year Built

  • Built in 2009

Lot Details

  • 131

HOA Fees

  • $407 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 787 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan

Kitchen

  • Gourmet Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Subterranean Parking
  • Parking Space Number Location: P2-98

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2011
  • Assessor Parcel Number 0699/N/2011

Community Details

Overview

  • Association fees include insurance, management, trash, exterior building maintenance
  • High-Rise Condominium
  • Old City #1 Community
  • Old City #1 Subdivision

Amenities

  • Concierge
  • Community Center

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,382

Year Built

Built in 2009

Lot Details

0

HOA Fees

$407 per month

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: 9/8/2017 12:00:00 AM
  • Year Built: 2009
  • Remarks Public: 1 bed 1 bath condo w/garage prkg at The Velocity! Floor to ceiling windows flood this unit w/natural light, showcasing open floor plan. Spacious kitchen features sparkling granite backsplash/counters, all SS appliances & island. Hardwood floors. Private patio w/garden view. 24/7 concierge, gym & rooftop pool. Heart of Navy Yard! Steps to metro, Nat Park, & shops. Offers due by 8pm on Mon 9/11
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Gourmet, Kitchen - Island, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 787
  • Living Area Sq Ft: 787
  • Price Per Sq Ft: 635.32
  • Above Grade Finished Sq Ft: 787
  • 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
  • Construction Materials: Brick
  • 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
  • Parking Space Number Assigned: P2-98
  • Garage Features: Underground

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Central
  • 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: 406.82
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Community Center, Concierge, Fitness Center, Pool - Outdoor, Exercise Room
  • HOA Condo Co-Op Fee Includes: Insurance, Management, Trash, Ext Bldg Maint
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Property Attached Yn: Yes
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2016
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3381.72
  • Assessor Parcel Number: 0699/N/2011
  • Tax Lot: 2011
  • Tax Total Finished Sq Ft: 787
  • Tax Year: 2016
  • Close Date: 10/11/2017

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2017
Closed on
Oct 5, 2017
Sold by
Franken Dennis J
Bought by
Pirkl Travis
Seller's Agent
Sheena Saydam
Keller Williams Capital Properties
Buyer's Agent
Sheena Saydam
Keller Williams Capital Properties
List Price
$499,999
Sold Price
$510,000
Premium/Discount to List
$10,001
2%
Current Estimated Value
$494,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,627
Avg. Annual Appreciation
0.63%
Original Mortgage
$459,000
Interest Rate
3.82%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Pirkl Travis $510,000 Kvs Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pirkl Travis $435,000
Closed Pirkl Travis $459,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2017 10/11/17 Sold $510,000 +2.0% $648 / Sq Ft
09/11/2017 09/11/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $499,999 -- $635 / 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 $3,388 $500,770 $150,230 $350,540
2023 $3,371 $495,260 $148,580 $346,680
2022 $3,387 $490,910 $147,270 $343,640
2021 $3,311 $479,150 $143,740 $335,410
2020 $3,332 $467,680 $140,300 $327,380
2019 $3,187 $449,760 $134,930 $314,830
2018 $3,042 $431,210 $0 $0
2017 $3,603 $423,830 $0 $0
2016 $3,382 $397,850 $0 $0
2015 $3,263 $383,850 $0 $0
2014 -- $356,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sheena Saydam

    Seller's Agent in 2017

    Sheena Saydam

    Keller Williams Capital Properties

    (202) 243-7700

    3 in this area

    1,027 Total Sales

    Section Image
  • Han Saydam

    Seller Co-Listing Agent in 2017

    Han Saydam

    Keller Williams Capital Properties

    (301) 281-1750

    225 Total Sales

    Section Image
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About Velocity Condominiums

Map

Source: Bright MLS

MLS Number: 1000187777

Bright MLS

APN: 0699N-2011

District of Columbia District of Columbia County Washington 20003 Navy Yard

1025 1st St SE Unit 302, Washington, DC

This home is located at 1025 1st St SE Unit 302, Washington, DC 20003 since 07 September 2017 and is currently estimated at $494,373, approximately $628 per square foot. This property was built in 2009. 1025 1st St SE Unit 302 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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