NOT LISTED FOR SALE

Velocity Condominiums 1025 1st St SE Unit 711 Washington, DC 20003

Navy Yard Neighborhood

Estimated Value: $649,000 - $712,000

1 Bed
2 Baths
1,065 Sq Ft
$552/mo HOA Fee

Last Sold September 05, 2019

Last sale price $682,500 $641 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,600/month

Highlights

  • Contemporary Architecture
  • 3-minute walk to Navy Yard
  • Den
  • Community Pool
  • Meeting Room
  • 4-minute walk to Washington Canal Park

About This Home

As of September 2019

South facing unit w/ balcony. 1 Bed+Den & 2 baths. Floor to ceiling windows. Open eat-in kitchen w/ granite counter tops & SS appliances. The velocity features a rooftop pool w/ outdoor grills, fitness center, courtyard, 24 Hr front desk service, party & meeting rooms, and garage parking. A stone's throw to metro, NATS park, restaurants & all that Navy Yard has to offer.

Last Agent to Sell the Property

datacorrect BrightMLS

Non Subscribing Office Listed on: 12/11/2019

Last Buyer's Agent

Gordon Harrison

Compass License #598263

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,346

Year Built

  • Built in 2009

Lot Details

  • 131

HOA Fees

  • $552 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,065 Sq Ft Home
  • Property has 1 Level
  • Den

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 2 Full Bathrooms

Additional Features

  • Level Entry For Accessibility
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2084
  • Assessor Parcel Number 0699/N/2084

Community Details

Overview

  • Association fees include water, common area maintenance, exterior building maintenance, management, reserve funds, trash, sewer
  • High-Rise Condominium
  • Velocity Condos
  • Old City I Community
  • Old City #1 Subdivision

Amenities

  • Meeting Room
  • Party Room

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,346

Year Built

Built in 2009

Lot Details

0

HOA Fees

$552 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2009
  • Remarks Public: South facing unit w/ balcony. 1 Bed+Den & 2 baths. Floor to ceiling windows. Open eat-in kitchen w/ granite counter tops & SS appliances. The velocity features a rooftop pool w/ outdoor grills, fitness center, courtyard, 24 Hr front desk service, party & meeting rooms, and garage parking. A stone's throw to metro, NATS park, restaurants & all that Navy Yard has to offer.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 7
  • Levels Count: 1
  • Room List: Den, Bedroom 1
  • Basement: No
  • Total Sq Ft: 1065
  • Living Area Sq Ft: 1065
  • Price Per Sq Ft: 640.85
  • Above Grade Finished Sq Ft: 1065
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1025

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Underground
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 552.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Velocity
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Meeting Room, Party Room
  • HOA Condo Co-Op Fee Includes: Water, Common Area Maintenance, Ext Bldg Maint, Management, Reserve Funds, Trash, Sewer
  • HOA: No
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 428810.00
  • Land Assessed Value: 183780.00
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2019
  • Zoning: D-5
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16165132
  • Tax Annual Amount: 4346.00
  • Assessor Parcel Number: 0699/N/2084
  • Tax Lot: 2084
  • Tax Total Finished Sq Ft: 1065
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 09/05/2019

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2019
Closed on
Sep 5, 2019
Sold by
Kirstein David M and Kuenen Charlotte A
Bought by
Garneski Timothy F and Garneski Christina
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Gordon Harrison
Compass
List Price
$682,500
Sold Price
$682,500
Current Estimated Value
$671,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,223
Avg. Annual Appreciation
0.22%
Original Mortgage
$552,825
Outstanding Balance
$489,488
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$201,843

Purchase Details

Listed on
Jun 7, 2018
Closed on
Jun 27, 2018
Sold by
Escondeur Heber L
Bought by
Kirstein David M and Kuenen Charlotte A
Seller's Agent
Veronica Seva-Gonzalez
Compass
Buyer's Agent
Leslie Dembinski
Compass
List Price
$634,000
Sold Price
$634,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%

Purchase Details

Closed on
Nov 15, 2010
Sold by
Square 699N Phase 1 Dev Llc
Bought by
Escondeur Heber L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,085
Interest Rate
4.25%
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 Buyer Sale Price Title Company
Garneski Timothy F $682,500 Paragon Title & Escrow Co
Kirstein David M $634,000 Attorney
Escondeur Heber L $470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garneski Timothy F $552,825
Previous Owner Escondeur Heber L $425,500
Previous Owner Escondeur Heber L $458,085
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2019 12/11/19 For Sale $682,500 0.0% $641 / Sq Ft
09/05/2019 09/05/19 Sold $682,500 +7.6% $641 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
07/02/2018 07/02/18 Sold $634,000 0.0% $595 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $634,000 -- $595 / 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 $4,675 $652,190 $195,660 $456,530
2023 $4,625 $642,870 $192,860 $450,010
2022 $4,649 $639,390 $191,820 $447,570
2021 $4,573 $627,600 $188,280 $439,320
2020 $4,564 $612,590 $183,780 $428,810
2019 $4,347 $586,210 $175,860 $410,350
2018 $4,466 $562,070 $0 $0
2017 $4,696 $552,490 $0 $0
2016 $4,389 $516,350 $0 $0
2015 $4,241 $498,950 $0 $0
2014 $3,905 $459,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gordon Harrison

    Buyer's Agent in 2019

    Gordon Harrison

    Compass

    (202) 557-9908

    69 Total Sales

    Gordon Harrison
    Section Image
  • Veronica Seva-Gonzalez

    Seller's Agent in 2018

    Veronica Seva-Gonzalez

    Compass

    (202) 361-6098

    1 in this area

    81 Total Sales

    Veronica Seva-Gonzalez
    Section Image
  • Noelia Seva Gonzalez

    Seller Co-Listing Agent in 2018

    Noelia Seva Gonzalez

    Real Broker, LLC

    (703) 302-9932

    9 Total Sales

    Noelia Seva Gonzalez
    Section Image
  • Leslie Dembinski

    Buyer's Agent in 2018

    Leslie Dembinski

    Compass

    (202) 365-0903

    44 Total Sales

    Leslie Dembinski
    Section Image
See All Agents

About Velocity Condominiums

Map

Source: Bright MLS

MLS Number: DCDC452482

Bright MLS

APN: 0699N-2084

District of Columbia District of Columbia County Washington 20003 Navy Yard

1025 1st St SE Unit 711, Washington, DC

This home is located at 1025 1st St SE Unit 711, Washington, DC 20003 since 11 December 2019 and is currently estimated at $671,277, approximately $630 per square foot. This property was built in 2009. 1025 1st St SE Unit 711 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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