$455,000
SOLD DEC 30, 2016

Velocity Condominiums 1025 1st St SE Unit 602 Washington, DC 20003

Navy Yard Neighborhood
1 Bed
1 Bath
787 Sq Ft
$395/mo HOA Fee

Recently Sold

$578 Per Sq Ft

1% Above List Price

3 Days on Market

Highlights

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

About This Home

As of May 2025

Amazing opportunity to purchase chic 6thFl condo w/balcony & garage parking steps to Nats Field & Metro! Beautiful dark HW floors, in-unit washer/dryer, large walk-in closet, upgraded kitchen cabinets & lighting. Building has secured entry, front desk concierge, rooftop pool, fitness center, lounge, views of the DC/Potomac River & in the heart of many great restaurants. VA Approved.

Last Agent to Sell the Property

Rachel Valentino

Keller Williams Realty License #618339 Listed on: 11/30/2016

Keller Williams Realty

Co-Listed By

Benjamin Kanoy

Keller Williams Capital Properties

Last Buyer's Agent

Jennifer Touchette

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,772

Year Built

  • Built in 2009

HOA Fees

  • $395 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 787 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • High Ceiling
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Parking Space Number Location: 3-181
  • 1 Assigned Parking Space

Outdoor Features

  • Private Pool

Schools

  • Van Ness Elementary School
  • Jefferson Middle School
  • Eastern High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Tax Lot 2059
  • Assessor Parcel Number 0699/N/2059

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, insurance, pool(s), reserve funds, snow removal, trash
  • 200 Units
  • High-Rise Condominium
  • Built by COHEN COMPANIES
  • The Velocity Community
  • Navy Yard Subdivision

Amenities

  • Concierge
  • Common Area
  • Meeting Room
  • Party Room

Recreation

Pet Policy

  • Pets Allowed

Security

  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,772

Year Built

Built in 2009

Lot Details

0

HOA Fees

$395 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
  • New Construction: No
  • Story List: Main
  • Year Built: 2009
  • Remarks Public: Amazing opportunity to purchase chic 6thFl condo w/balcony & garage parking steps to Nats Field & Metro! Beautiful dark HW floors, in-unit washer/dryer, large walk-in closet, upgraded kitchen cabinets & lighting. Building has secured entry, front desk concierge, rooftop pool, fitness center, lounge, views of the DC/Potomac River & in the heart of many great restaurants. VA Approved.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Dryer, Washer
  • Interior Amenities: Kitchen - Gourmet, Breakfast Area, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open
  • Window Features: Double Pane
  • Fireplace: No
  • Wall Ceiling Types: High, Dry Wall
  • Entry Location: Floors 6-10
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 787
  • Living Area Sq Ft: 787
  • Price Per Sq Ft: 571.66
  • 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: Concrete
  • Pool Private: Yes
  • View: City
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Parking Space Number Assigned: 3-181

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s), Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 395.33
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Fitness Center, Meeting Room, Party Room, Pool - Outdoor, Concierge, Exercise Room, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Insurance, Pool(s), Reserve Funds, Snow Removal, Trash
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: VAN NESS
  • Middle School: JEFFERSON
  • High School: EASTERN
  • School District Key: 121140357950
  • Elementary School: VAN NESS
  • High School: EASTERN
  • Middle Or Junior School: JEFFERSON

Lot Info

  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2016
  • In City Limits: Yes

Building Info

  • Builder Name: COHEN COMPANIES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2772.28
  • Assessor Parcel Number: 0699/N/2059
  • Tax Lot: 2059
  • Tax Total Finished Sq Ft: 787
  • Tax Year: 2016
  • Close Date: 12/30/2016

Multi Family

  • Metering: Fully Separate

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2025
Closed on
May 8, 2025
Sold by
Carcacappa Richard L
Bought by
Scott Logan
Seller's Agent
OMER RESHID
Keller Williams Capital Properties
Buyer's Agent
Chad Morton
Jason Mitchell Group
List Price
$524,999
Sold Price
$530,000
Premium/Discount to List
$5,001
0.95%
Views
60
Current Estimated Value
$522,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,427
Avg. Annual Appreciation
-5.27%
Original Mortgage
$541,395
Outstanding Balance
$541,395
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$21,335

Purchase Details

Listed on
Jul 6, 2018
Closed on
Aug 10, 2018
Sold by
Nanna Gregory James
Bought by
Caracappa Richard L
Seller's Agent
Jennifer Touchette
Compass
Buyer's Agent
Margaret Babbington
Compass
List Price
$499,900
Sold Price
$505,000
Premium/Discount to List
$5,100
1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.72%
Original Mortgage
$404,000
Interest Rate
4.5%

Purchase Details

Listed on
Nov 30, 2016
Closed on
Dec 29, 2016
Sold by
Mccurry Troy A
Bought by
Nanna Gregory James
Seller's Agent
Rachel Valentino
Keller Williams Realty
Buyer's Agent
Jennifer Touchette
Compass
List Price
$449,900
Sold Price
$455,000
Premium/Discount to List
$5,100
1.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%

Purchase Details

Closed on
Apr 18, 2011
Sold by
Square 699N Phase I Developer
Bought by
Mccurry Troy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,076
Interest Rate
3.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $530,000 None Listed On Document
Special Warranty Deed $505,000 Kvs Title Llc
Special Warranty Deed $455,000 Kvs Title Llc
Warranty Deed $352,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $541,395 New Conventional
Previous Owner $390,650 New Conventional
Previous Owner $396,500 New Conventional
Previous Owner $404,000 No Value Available
Previous Owner $317,000 Adjustable Rate Mortgage/ARM
Previous Owner $343,076 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 Sold $530,000 +1.0% $673 / Sq Ft
01/15/2025 01/15/25 For Sale $524,999 +4.0% $667 / Sq Ft
08/10/2018 08/10/18 Sold $505,000 +1.0% $642 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $499,900 +9.9% $635 / Sq Ft
12/30/2016 12/30/16 Sold $455,000 +1.1% $578 / Sq Ft
12/03/2016 12/03/16 Pending -- -- --
11/30/2016 11/30/16 For Sale $449,900 -- $572 / 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 $2,987 $423,830 $0 $0
2016 $2,772 $397,850 $0 $0
2015 $2,656 $383,850 $0 $0
2014 $2,435 $356,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • OMER RESHID

    Seller's Agent in 2025

    OMER RESHID

    Keller Williams Capital Properties

    (443) 955-8400

    3 in this area

    73 Total Sales

    OMER RESHID
    Section Image

  • E

    Seller Co-Listing Agent in 2025

    Emran Mohammed

    Keller Williams Capital Properties

    1 in this area

    4 Total Sales

    Emran Mohammed
    Section Image
  • Chad Morton

    Buyer's Agent in 2025

    Chad Morton

    Jason Mitchell Group

    (302) 373-5929

    1 in this area

    223 Total Sales

    Chad Morton
    Section Image
  • Jennifer Touchette

    Seller's Agent in 2018

    Jennifer Touchette

    Compass

    (202) 841-7782

    1 in this area

    170 Total Sales

    Jennifer Touchette
    Section Image
  • Margaret Babbington

    Buyer's Agent in 2018

    Margaret Babbington

    Compass

    (202) 270-7462

    6 in this area

    528 Total Sales

    Margaret Babbington
    Section Image
  • Rachel Valentino

    Seller's Agent in 2016

    Rachel Valentino

    Keller Williams Realty

    (202) 270-6972

    67 Total Sales

    Rachel Valentino
    Section Image
See All Agents

About Velocity Condominiums

Map

Source: Bright MLS

MLS Number: 1003953855

Bright MLS

APN: 0699N-2059

District of Columbia District of Columbia County Washington 20003 Navy Yard

1025 1st St SE Unit 602, Washington, DC

This home is located at 1025 1st St SE Unit 602, Washington, DC 20003 and is currently priced at $455,000, approximately $578 per square foot. This property was built in 2009. 1025 1st St SE Unit 602 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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