NOT LISTED FOR SALE

Velocity Condominiums 1025 1st St SE Unit 613 Washington, DC 20003

Navy Yard Neighborhood

Estimated Value: $769,000 - $967,000

2 Beds
2 Baths
1,492 Sq Ft
218 Sq Ft Lot Lot

Sale Details

Date Sold: October 29, 2018

Last sale price $899,900 $603 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,987 / mo

98 Days on Market

Highlights

  • Concierge
  • 3-minute walk to Navy Yard
  • Open Floorplan
  • Fitness Center
  • Private Pool
  • 3-minute walk to Washington Canal Park

About This Home

As of October 2018

Rarely available, corner unit, 2 bedroom, 2 bathroom and den with view of the river. Custom made area rugs in common areas and den, as well as custom built-in's in den and both bedroom closets. Ceiling to floor windows flanking the entire living room with east facing, Juliet balcony in master bedroom. Upgraded appliances, custom blinds and full-sized parking space. Home Warranty available.

Last Agent to Sell the Property

Jay Portlance

(703) 310-6800 jay@portlanceproperties.com TTR Sotheby's International Realty License #666174 Listed on: 06/15/2018

TTR Sotheby's International Realty

Co-Listed By

Patrick Morris

(202) 545-6900 patrickcmorrisdc@gmail.com Compass

Last Buyer's Agent

Jay Portlance

(703) 310-6800 jay@portlanceproperties.com TTR Sotheby's International Realty License #666174 Listed on: 06/15/2018

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,455

Year Built

  • Built in 2009

Lot Details

  • 218

HOA Fees

  • $774 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,492 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Home Security

Parking

  • 1 Subterranean Space
  • Parking Space Number Location: P1-25
  • Parking Space Conveys

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more

Pool

  • Private Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 2070
  • Assessor Parcel Number 0699/N/2070

Community Details

Overview

  • Moving Fees Required
  • Association fees include common area maintenance, custodial services maintenance, management, insurance, pool(s), trash
  • 200 Units
  • High-Rise Community
  • Velocity Condominiums Community
  • Old City #1 Subdivision
  • The community has rules related to moving in times

Amenities

  • Concierge
  • Picnic Area

Recreation

Pet Policy

  • Pets Allowed

Security

  • Front Desk in Lobby
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,455

Year Built

Built in 2009

Lot Details

218 Sq Ft Lot

HOA Fees

$774 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 36"+ Wide Halls, Elevator
  • Ownership: Condominium
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2018-06-15
  • Year Built: 2009
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Microwave, Oven/Range - Electric, Washer - Front Loading, Water Heater
  • Interior Amenities: Combination Dining/Living, Primary Bath(s), Built-Ins, Window Treatments, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 6-10
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1492
  • Living Area Sq Ft: 1492
  • Price Per Sq Ft: 603.15
  • Above Grade Finished Sq Ft: 1492
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination
  • 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: Parking Space Conveys, Assigned
  • Parking Space Number Assigned: P1-25
  • Garage Features: Underground

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby, Fire Detection System, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 774.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Exercise Room, Picnic Area, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Management, Insurance, Pool(s), Trash
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Elevator Use, Moving Fees Required, Moving In Times, Pets - Allowed
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 507050.00
  • Land Assessed Value: 217310.00
  • Soil Types: Urban Land-Sassafras-Chillum
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16165153
  • Tax Annual Amount: 5455.38
  • Assessor Parcel Number: 0699/N/2070
  • Tax Lot: 2070
  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2018
Closed on
Oct 29, 2018
Sold by
Bought by
Seller's Agent
Jay Portlance
TTR Sotheby's International Realty
Buyer's Agent
Jay Portlance
TTR Sotheby's International Realty
List Price
$899,900
Sold Price
$899,900
Current Estimated Value
$869,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,700
Avg. Annual Appreciation
-0.46%
Original Mortgage
$288,500
Outstanding Balance
$251,612
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$617,588
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$899,900 Kvs Title Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $288,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/29/2018 10/29/18 Sold $899,900 0.0% $603 / Sq Ft
09/22/2018 09/22/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $899,900 0.0% $603 / Sq Ft
06/19/2018 06/19/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $899,900 -- $603 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,277 $843,980 $253,190 $590,790
2024 $6,230 $835,180 $250,550 $584,630
2023 $6,137 $820,650 $246,190 $574,460
2022 $6,177 $819,160 $245,750 $573,410
2021 $6,113 $808,820 $242,650 $566,170
2020 $6,105 $793,900 $238,170 $555,730
2019 $5,785 $755,430 $226,630 $528,800
2018 $5,534 $724,360 $0 $0
2017 $5,455 $714,260 $0 $0
2016 $5,070 $668,190 $0 $0
2015 $4,651 $618,580 $0 $0
2014 $4,680 $585,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jay Portlance

    Seller's Agent in 2018

    Jay Portlance

    TTR Sotheby's International Realty

    (301) 346-0424

    3 in this area

    68 Total Sales

    Jay Portlance
    Section Image
  • Patrick Morris

    Seller Co-Listing Agent in 2018

    Patrick Morris

    Compass

    (202) 276-3286

    18 Total Sales

    Patrick Morris
    Section Image
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About Velocity Condominiums

Map

Source: Bright MLS

MLS Number: 1001844202

Bright MLS

APN: 0699N-2070

District of Columbia District of Columbia County Washington 20003 Navy Yard

1025 1st St SE Unit 613, Washington, DC

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