NOT LISTED FOR SALE

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

Navy Yard Neighborhood

Estimated Value: $762,000 - $904,000

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

Sale Details

Date Sold: October 29, 2018

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

Est. 6% decrease in value since last sale

Current estimated payment $5,804 / 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

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2018
Closed on
Oct 29, 2018
Sold by
Hamilton-Powell Pamela Ann
Bought by
Pozzo Joanne Frances and Farr Susan E
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
$850,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,887
Avg. Annual Appreciation
-0.76%
Original Mortgage
$288,500
Outstanding Balance
$251,612
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$598,401
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

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

Mortgage History

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

Property History

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

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
2017 $5,455 $714,260 $0 $0
2016 $5,070 $668,190 $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

    73 Total Sales

    Jay Portlance
    Section Image
  • Patrick Morris

    Seller Co-Listing Agent in 2018

    Patrick Morris

    Compass

    (202) 276-3286

    1 in this area

    18 Total Sales

    Patrick Morris
    Section Image
See All Agents

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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