NOT LISTED FOR SALE

Velocity Condominiums 1025 1st St SE Unit 814 Washington, DC 20003

Navy Yard Neighborhood

Estimated Value: $457,000 - $506,655

1 Bed
1 Bath
847 Sq Ft
131 Sq Ft Lot

Sale Details

Date Sold: March 23, 2020

Last sale price $530,000 $626 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,345 / mo

7 Days on Market

Highlights

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

About This Home

As of March 2020

Large windows give ample sunlight to its open layout. It includes a big bathroom, walk-in closet, and in-unit laundry. The new fitness center, club room, meeting room, and kids' room are set to open in May; around the same time the pool will open on the rooftop that provides beautiful views and nooks to get away. A block from Navy Yard metro stop, and a quick walk to Harris Teeter, Nationals Park, The Yards Park, and numerous restaurants. If you want to find yourself in a charming community within an area that is bound to keep you busy, move in just in time for opening day! Garage parking included.

Last Agent to Sell the Property

Jason Martin

(855) 450-0442 dmvbroker@therealbrokerage.com Real Broker, LLC License #0225197141 Listed on: 02/26/2020

Real Broker, LLC

Co-Listed By

John Coleman

(202) 243-7700 john@jasonmartingroup.com Keller Williams Capital Properties

Last Buyer's Agent

Eric Broermann

(301) 298-1001 eric@thevbgroup.com Compass License #0225205610

Compass

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,004

Year Built

  • Built in 2009

Lot Details

  • 131

HOA Fees

  • $448 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Basement Garage

Home Design

  • Contemporary Architecture
  • Entry on the 8th floor

Interior Spaces

  • 847 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Accessible Elevator Installed
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2103
  • Assessor Parcel Number 0699/N/2103

Community Details

Overview

  • Association fees include pool(s)
  • High-Rise Community
  • First Service Residential Condos, Phone Number (703) 385-1133
  • Velocity Community
  • Navy Yard Subdivision

Amenities

  • Meeting Room
  • Party Room

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,004

Year Built

Built in 2009

Lot Details

131 Sq Ft Lot

HOA Fees

$448 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: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2009
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Refrigerator, Oven/Range - Electric, Washer, Dryer
  • Entry Floor: 8
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 847
  • Living Area Sq Ft: 847
  • Price Per Sq Ft: 619.83
  • Above Grade Finished Sq Ft: 847
  • Above Grade Finished Area Units: Square Feet

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, Below Grade
  • Construction Materials: Combination
  • 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: Basement Garage
  • 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: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 448.08
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: First Service Residential
  • Condo Co-Op Phone: 703-385-1133
  • HOA Condo Co-Op Amenities: Fitness Center, Meeting Room, Party Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Pool(s)
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 343320.00
  • Land Assessed Value: 147140.00
  • Soil Types: Unknown
  • Zoning: REFER TO ZONING MAP
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16165122
  • Tax Annual Amount: 4004.00
  • Assessor Parcel Number: 0699/N/2103
  • Tax Lot: 2103
  • Tax Year: 2019

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

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
Feb 26, 2020
Closed on
Mar 17, 2020
Sold by
Bought by
Seller's Agent
Jason Martin
Real Broker, LLC
Buyer's Agent
Eric Broermann
Compass
List Price
$525,000
Sold Price
$530,000
Premium/Discount to List
$5,000
0.95%
Current Estimated Value
$489,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,086
Avg. Annual Appreciation
-1.23%
Original Mortgage
$487,600
Outstanding Balance
$422,448
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$67,466
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Navy Yard, DC

  • Dale Mattison Real Estate Agent - Long & Foster Real Estate, Inc.

    Dale Mattison

    Long & Foster Real Estate, Inc.

    (844) 203-2172

    73 Total Sales

    1 in Navy Yard

    $290,000 Price

    Dale Mattison
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  • Brent Jackson Real Estate Agent - TTR Sotheby's International Realty

    Brent Jackson

    TTR Sotheby's International Realty

    (855) 918-0477

    223 Total Sales

    35 in Navy Yard

    $375K - $1.6M Price Range

    Brent Jackson
     Section Image
  • Samantha Haberlach Real Estate Agent - Century 21 Redwood Realty

    Samantha Haberlach

    Responds Quickly

    Century 21 Redwood Realty

    (571) 749-2080

    60 Total Sales

    1 in Navy Yard

    $884,000 Price

    Samantha Haberlach
     Section Image
  • Karen Szala Real Estate Agent - Coldwell Banker Realty - Washington

    Karen Szala

    Coldwell Banker Realty - Washington

    (202) 791-4895

    9 Total Sales

    2 in Navy Yard

    $650K - $665K Price Range

    Karen Szala
     Section Image
  • Robert Sanders Real Estate Agent - TTR Sotheby's International Realty

    Robert Sanders

    TTR Sotheby's International Realty

    (855) 910-5762

    271 Total Sales

    33 in Navy Yard

    $540K - $1.6M Price Range

    Robert Sanders
     Section Image
  • Sherine Monir Real Estate Agent - Compass

    Sherine Monir

    Compass

    (844) 868-1233

    60 Total Sales

    1 in Navy Yard

    $596,000 Price

    Sherine Monir
     Section Image
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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
$530,000 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 $487,600
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
03/23/2020 03/23/20 Sold $530,000 +1.0% $626 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $525,000 0.0% $620 / Sq Ft
12/26/2015 12/26/15 Rented $2,250 -6.3% --
12/18/2015 12/18/15 Under Contract -- -- --
08/14/2015 08/14/15 For Rent $2,400 -- --
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 $3,569 $525,360 $157,610 $367,750
2024 $3,588 $524,390 $157,320 $367,070
2023 $3,566 $518,210 $155,460 $362,750
2022 $3,584 $514,080 $154,220 $359,860
2021 $3,509 $502,440 $150,730 $351,710
2020 $4,169 $490,460 $147,140 $343,320
2019 $4,004 $471,110 $141,330 $329,780
2018 $3,839 $451,680 $0 $0
2017 $3,774 $443,980 $0 $0
2016 $3,539 $416,360 $0 $0
2015 $3,416 $401,850 $0 $0
2014 -- $373,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Martin Real Estate Agent - Real Broker, LLC

    Seller's Agent in 2020

    Jason Martin

    Real Broker, LLC

    (202) 641-0299

    1 in this area

    174 Total Sales

    Jason Martin
    Section Image
  • John Coleman Real Estate Agent - Keller Williams Capital Properties

    Seller Co-Listing Agent in 2020

    John Coleman

    Keller Williams Capital Properties

    (202) 427-9689

    2 in this area

    301 Total Sales

    John Coleman
    Section Image
  • Eric Broermann Real Estate Agent - Compass

    Buyer's Agent in 2020

    Eric Broermann

    Compass

    (202) 643-1480

    219 Total Sales

    Eric Broermann
    Section Image
  • Andrew Turczyn Real Estate Agent - Compass

    Seller's Agent in 2015

    Andrew Turczyn

    Compass

    (202) 725-6357

    1 in this area

    28 Total Sales

    Andrew Turczyn
    Section Image
See All Agents

About Velocity Condominiums

Map

Source: Bright MLS

MLS Number: DCDC460036

Bright MLS

APN: 0699N-2103

District of Columbia District of Columbia County Washington 20003 Navy Yard

1025 1st St SE Unit 814, Washington, DC

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