NOT LISTED FOR SALE

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

Navy Yard Neighborhood

Estimated Value: $532,000 - $570,000

1 Bed
1 Bath
895 Sq Ft
$617/Sq Ft Est. Value

Last Sold January 14, 2022

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

Est. 1% decrease in value since last sale

Current estimated payment $3,437/month

About This Home

As of January 2022

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.

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
$552,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,371
Avg. Annual Appreciation
-0.22%
Original Mortgage
$532,000
Outstanding Balance
$495,911
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$59,987

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
$495,911
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$59,987

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

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
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 Change Sq Ft Price
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
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
06/14/2017 06/14/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $529,900 -- $592 / Sq Ft

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

    Seller'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

    111 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

    131 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

    80 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

    124 Total Sales

    Matthew Koerber
    Section Image
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About Velocity Condominiums

Map

District of Columbia District of Columbia County Washington 20003 Navy Yard

1025 1st St SE Unit 901, Washington, DC

Homes for Sale in Washington, DC

This home is located at 1025 1st St SE Unit 901, Washington, DC 20003 and is currently estimated at $552,629, approximately $617 per square foot. 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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