NOT LISTED FOR SALE

Velocity Condominiums 1025 1st St SE Unit 901 Washington, DC 20003

Navy Yard Neighborhood

Estimated Value: $541,000 - $578,000

1 Bed
1 Bath
895 Sq Ft
2009 Built

Last Sold January 14, 2022

Last sale price $560,000 $626 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,351/month

Highlights

  • Concierge
  • 3-minute walk to Navy Yard
  • Gourmet Kitchen
  • Fitness Center
  • 24-Hour Security
  • 4-minute walk to Washington Canal Park

About This Home

As of September 2023

Century 21 Accent Homes is a $0 Security Deposit Option Company For REDUCED move-in costs, talk to us about our Security Deposit Replacement Program!

All residents are enrolled in the Resident Benefits Package which includes HVAC air filter delivery, on-demand pest control, utility concierge service, future home buying assistant credit, vetted licensed and insured vendors, and much more! More details upon application.

Last Agent to Rent the Property

Nader Daou

(703) 317-8000 naderdaou8@gmail.com Century 21 Accent Homes License #SP40000627 Listed on: 08/11/2023

Century 21 Accent Homes

Last Renter's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,485

Year Built

  • Built in 2009

Lot Details

  • Downtown Location

Parking

  • Lighted Parking

Property Views

  • Courtyard

Home Design

  • Contemporary Architecture
  • Entry on the 9th floor
  • Concrete Roof

Interior Spaces

  • 895 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Insulated Windows
  • Window Treatments
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Front Loading Dryer
  • Front Loading Washer

Home Security

Outdoor Features

  • Exterior Lighting

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Water Dispenser
  • Electric Water Heater
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,000
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 8/9/23
  • Assessor Parcel Number 0699/N/2106

Community Details

Overview

  • No Home Owners Association
  • $500 Elevator Use Fee
  • Association fees include common area maintenance, exterior building maintenance, insurance, management, parking fee, pool(s), recreation facility, reserve funds, snow removal, trash
  • High-Rise Condominium
  • Old City #1 Community
  • Navy Yard Subdivision
  • Property Manager

Amenities

  • Concierge
  • Picnic Area
  • Common Area
  • Party Room
  • Elevator

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,485

Year Built

Built in 2009

Lot Details

0

Parking

1

Rental Info

  • Date Available: 2023-08-09
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Security Deposit: 3000.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Property Manager: Yes
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2009
  • Year Renovated: 2009
  • Automatically Close On Close Date: No
  • Remarks Public: Century 21 Accent Homes is a $0 Security Deposit Option Company For REDUCED move-in costs, talk to us about our Security Deposit Replacement Program! All residents are enrolled in the Resident Benefits Package which includes HVAC air filter delivery, on-demand pest control, utility concierge service, future home buying assistant credit, vetted licensed and insured vendors, and much more! More details upon application.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Washer - Front Loading, Dryer - Front Loading, Exhaust Fan, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Water Dispenser, Water Heater
  • Entry Floor: 9
  • Flooring Type: Wood
  • Interior Amenities: Combination Dining/Living, Combination Kitchen/Living, Elevator, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Upgraded Countertops, Window Treatments, Wood Floors
  • Window Features: Insulated
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Kitchen, Den, Bedroom 1, Bathroom 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit, Has Laundry, Hookup
  • Total Sq Ft: 895
  • Living Area Sq Ft: 895
  • Price Per Sq Ft: 3.35
  • Above Grade Finished Sq Ft: 895
  • 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, Below Grade
  • Construction Materials: Concrete
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Road Surface Type: Paved
  • Roof: Concrete
  • Spa: No
  • View: City, Courtyard
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: General Common Elements, Lighted Parking, Assigned
  • Garage Features: Underground
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby, Smoke Detector, 24 Hour Security, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Multiple Phone Lines, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Elevator Use Fee: 500.00
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Exercise Room, Fitness Center, Party Room, Picnic Area, Pool - Outdoor, Reserved/Assigned Parking, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Parking Fee, Pool(s), Recreation Facility, Reserve Funds, Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Concrete, Fenced, In Ground

Schools

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

Lot Info

  • Lot Size Units: Square Feet
  • Lot Sq Ft: 121.00
  • Outdoor Living Structures: Roof, Balconies- Multiple
  • Zoning: 017

Tax Info

  • Assessor Parcel Number: 0699/N/2106
  • Tax Total Finished Sq Ft: 895
  • Close Date: 09/15/2023

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Jan 14, 2022
Sold by
Hess Edward R
Bought by
Edward Robert And Cynthia Ann Hess Family Tru and Ann Cynthia
Seller's Agent
David Maplesden
Long & Foster Real Estate, Inc.
Buyer's Agent
Greg Moss
Pearson Smith Realty, LLC
List Price
$565,000
Sold Price
$560,000
Premium/Discount to List
-$5,000
-0.88%
Current Estimated Value
$563,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,141
Avg. Annual Appreciation
0.15%
Original Mortgage
$532,000
Outstanding Balance
$491,006
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$72,135

Purchase Details

Listed on
Dec 3, 2021
Closed on
Jan 13, 2022
Sold by
Jonas Beth L
Bought by
Hess Edward R
Seller's Agent
David Maplesden
Long & Foster Real Estate, Inc.
Buyer's Agent
Greg Moss
Pearson Smith Realty, LLC
List Price
$565,000
Sold Price
$560,000
Premium/Discount to List
-$5,000
-0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Outstanding Balance
$491,006
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$72,135

Purchase Details

Listed on
May 31, 2017
Closed on
Jul 17, 2017
Sold by
Wahrlich Brian M
Bought by
Jonas Beth L and Fried Michael W
Seller's Agent
Matthew Koerber
TTR Sotheby's International Realty
Buyer's Agent
David Maplesden
Long & Foster Real Estate, Inc.
List Price
$529,900
Sold Price
$533,000
Premium/Discount to List
$3,100
0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.10%
Original Mortgage
$399,750
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2012
Sold by
Square 699N Phase I Developer
Bought by
Wahrlich Brian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,411
Interest Rate
3.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Edward Robert And Cynthia Ann Hess Family Tru -- Allied Title & Escrow
Hess Edward R $560,000 Old Republic Title
Jonas Beth L $533,000 Kvs Title Llc
Wahrlich Brian M $395,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edward Robert And Cynthia Ann Hess Family Tru $532,000
Previous Owner Jonas Beth L $399,750
Previous Owner Wahrlich Brian M $404,411
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2023 09/15/23 Rented $3,000 0.0% --
08/11/2023 08/11/23 For Rent $3,000 0.0% --
01/14/2022 01/14/22 Sold $560,000 -0.9% $626 / Sq Ft View Prior Sale
12/20/2021 12/20/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $565,000 +6.0% $631 / Sq Ft
07/17/2017 07/17/17 Sold $533,000 +0.6% $596 / Sq Ft View Prior Sale
06/14/2017 06/14/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $529,900 -- $592 / 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 $4,485 $542,880 $162,860 $380,020
2023 $4,432 $536,170 $160,850 $375,320
2022 $4,407 $532,220 $159,670 $372,550
2021 $4,313 $520,700 $156,210 $364,490
2020 $4,321 $508,330 $152,500 $355,830
2019 $4,146 $487,820 $146,350 $341,470
2018 $3,976 $467,720 $0 $0
2017 $3,908 $459,770 $0 $0
2016 $3,662 $430,860 $0 $0
2015 $3,701 $435,380 $0 $0
2014 -- $404,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nader Daou

    Landlord's Agent in 2023

    Nader Daou

    Century 21 Accent Homes

    (703) 317-8000

    16 Total Sales

    Nader Daou
    Section Image
  • David Maplesden

    Seller's Agent in 2022

    David Maplesden

    Long & Foster

    (202) 270-7253

    1 in this area

    100 Total Sales

    David Maplesden
    Section Image
  • Elliot Barber

    Seller Co-Listing Agent in 2022

    Elliot Barber

    Long & Foster

    (240) 603-8401

    1 in this area

    119 Total Sales

    Elliot Barber
    Section Image
  • Greg Moss

    Buyer's Agent in 2022

    Greg Moss

    Pearson Smith Realty, LLC

    (703) 705-2777

    1 in this area

    88 Total Sales

    Greg Moss
    Section Image
  • Matthew Koerber

    Seller's Agent in 2017

    Matthew Koerber

    TTR Sotheby's International Realty

    (202) 744-0139

    4 in this area

    122 Total Sales

    Matthew Koerber
    Section Image
See All Agents

About Velocity Condominiums

Map

Source: Bright MLS

MLS Number: DCDC2107522

Bright MLS

APN: 0699N-2106

District of Columbia District of Columbia County Washington 20003 Navy Yard

1025 1st St SE Unit 901, Washington, DC

This home is located at 1025 1st St SE Unit 901, Washington, DC 20003 since 11 August 2023 and is currently priced at $563,141. This property was built in 2009. 1025 1st St SE Unit 901 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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