Velocity Condominiums 1025 1st St SE Unit 415 Washington, DC 20003
Navy Yard NeighborhoodEstimated payment $4,574/month
Total Views
2,800
2
Beds
2
Baths
1,062
Sq Ft
$589
Price per Sq Ft
Highlights
- Concierge
- 3-minute walk to Navy Yard
- Contemporary Architecture
- Roof Top Pool
- Fitness Center
- 4-minute walk to Washington Canal Park
About This Home
This highly sought-after corner unit at The Velocity is a must-see for anyone looking for a luxurious and convenient lifestyle. With over 1,000 square feet of living space, this condo boasts an open floor plan with hardwood floors, stainless steel appliances, granite countertops, and floor-to-ceiling windows that offer stunning city views.
The spacious living and dining area is perfect for entertaining guests or relaxing at home. The kitchen is a chef's dream, with plenty of counter space and a breakfast bar. The primary bedroom features a large bathroom with a spacious shower and dual customized closets. The second bedroom is also generously sized and has a spacious closet and full-sized window.
This condo also comes with a number of desirable features, including off-street parking, an extra storage unit, and a 24-hour concierge desk. The Velocity also offers residents a variety of resort-style amenities, such as a rooftop deck with a swimming pool, grills, a state-of-the-art fitness center, a community room, and a courtyard.
Located in the heart of Navy Yard, this condo is within walking distance to Whole Foods, Harris Teeter, Metro, Nats Park, and countless shopping and dining options. This is the perfect opportunity to live luxury in one of DC's most vibrant neighborhoods.
Additional Features:
2 bedrooms, 2 bathrooms
Over 1,000 square feet of living space
Open floor plan
Hardwood floors
Stainless steel appliances
Granite countertops
Floor-to-ceiling windows
City views
Off-street parking
Extra storage unit
24-hour concierge desk
Rooftop deck with swimming pool
Grills
State-of-the-art fitness center
Community room
Courtyard
Pet-friendly building
This condo is being sold as-is. For investors: the building is at the rental cap of 30%. The purchaser of unit 415 must be owner occupied for a minimum of 6 months, and the unit owner must request to add the unit to the lease waitlist. Approximate wait time to lease this unit is 6-12 months. Wait times cannot be guaranteed.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,631
Year Built
- Built in 2009
HOA Fees
- $699 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Side Facing Garage
- Garage Door Opener
- 1 Assigned Parking Space
Home Design
- Contemporary Architecture
- Brick Exterior Construction
Interior Spaces
- 1,062 Sq Ft Home
- Property has 1 Level
Kitchen
- Gas Oven or Range
- Built-In Range
- Built-In Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Pool
- Roof Top Pool
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 2040
- Assessor Parcel Number 0699/N/2040
Community Details
Overview
- Association fees include common area maintenance, lawn maintenance, management, pest control, pool(s), reserve funds, snow removal, trash
- High-Rise Condominium
- The Velocity Condominiums
- The Velocity Condominiums Community
- Navy Yard Subdivision
- Property Manager
Amenities
- Concierge
- Community Center
- Recreation Room
- Elevator
Recreation
Pet Policy
- Pets allowed on a case-by-case basis
Security
- Front Desk in Lobby
Map
About Velocity Condominiums
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Home Values in the Area
Average Home Value in this Area
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 | $5,631 | $677,660 | $203,300 | $474,360 |
| 2023 | $5,556 | $668,340 | $200,500 | $467,840 |
| 2022 | $5,532 | $664,610 | $199,380 | $465,230 |
| 2021 | $5,430 | $652,120 | $195,640 | $456,480 |
| 2020 | $5,442 | $640,190 | $192,060 | $448,130 |
| 2019 | $5,206 | $612,520 | $183,760 | $428,760 |
| 2018 | $4,992 | $587,280 | $0 | $0 |
| 2017 | $4,922 | $579,090 | $0 | $0 |
| 2016 | $4,628 | $544,460 | $0 | $0 |
| 2015 | $4,234 | $498,060 | $0 | $0 |
| 2014 | $4,009 | $471,630 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Price Changed | $625,000 | -3.8% | $589 / Sq Ft |
| 06/30/2025 06/30/25 | For Sale | $650,000 | 0.0% | $612 / Sq Ft |
| 06/19/2019 06/19/19 | Rented | $3,000 | 0.0% | -- |
| 06/17/2019 06/17/19 | Under Contract | -- | -- | -- |
| 06/10/2019 06/10/19 | Price Changed | $3,000 | -3.2% | $3 / Sq Ft |
| 06/07/2019 06/07/19 | Price Changed | $3,100 | -1.6% | $3 / Sq Ft |
| 05/23/2019 05/23/19 | Price Changed | $3,150 | -1.6% | $3 / Sq Ft |
| 04/24/2019 04/24/19 | For Rent | $3,200 | +10.3% | -- |
| 08/25/2016 08/25/16 | Rented | $2,900 | 0.0% | -- |
| 08/25/2016 08/25/16 | Under Contract | -- | -- | -- |
| 08/05/2016 08/05/16 | For Rent | $2,900 | 0.0% | -- |
| 08/06/2015 08/06/15 | Rented | $2,900 | 0.0% | -- |
| 08/04/2015 08/04/15 | Under Contract | -- | -- | -- |
| 07/02/2015 07/02/15 | For Rent | $2,900 | -3.3% | -- |
| 07/09/2014 07/09/14 | Rented | $3,000 | -6.3% | -- |
| 07/09/2014 07/09/14 | Under Contract | -- | -- | -- |
| 06/05/2014 06/05/14 | For Rent | $3,200 | 0.0% | -- |
| 05/01/2014 05/01/14 | Sold | $564,900 | 0.0% | $530 / Sq Ft |
| 04/16/2014 04/16/14 | Pending | -- | -- | -- |
| 04/09/2014 04/09/14 | For Sale | $564,900 | -- | $530 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $564,900 | -- | |
| Warranty Deed | $471,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $343,200 | New Conventional | |
| Previous Owner | $353,925 | New Conventional |
Source: Public Records
Similar Homes in Washington, DC
Source: Bright MLS
MLS Number: DCDC2207784
APN: 0699N-2040
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