Velocity Condominiums 1025 1st St SE Washington, DC 20003
Navy Yard NeighborhoodEstimated Value: $701,000 - $786,000
2
Beds
2
Baths
1,153
Sq Ft
$640/Sq Ft
Est. Value
About This Home
This home is located at 1025 1st St SE, Washington, DC 20003 and is currently estimated at $737,520, approximately $639 per square foot. 1025 1st St SE is a home located in District of Columbia with nearby schools including Van Ness Elementary School, Jefferson Middle School Academy, and Eastern High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 29, 2021
Sold by
Lyle Stephen Scott and Lyle Mary Anne
Bought by
Lyle Mary Anne
Current Estimated Value
Purchase Details
Closed on
Jan 29, 2015
Sold by
Wambugu Florence M
Bought by
Lyle Stephen S
Purchase Details
Closed on
Feb 8, 2011
Sold by
Square 699N Phase I Developer
Bought by
Wambugu Florence M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,900
Interest Rate
4.88%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Lyle Mary Anne | -- | None Available | |
Lyle Stephen S | $610,000 | -- | |
Wambugu Florence M | $595,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Lyle Mary Anne | $43,000 | |
Open | Lyle Mary Anne | $75,000 | |
Previous Owner | Wambugu Florence M | $409,900 |
Source: Public Records
Tax History Compared to Growth
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 | $5,354 | $732,080 | $219,620 | $512,460 |
2023 | $5,234 | $714,480 | $214,340 | $500,140 |
2022 | $5,205 | $704,800 | $211,440 | $493,360 |
2021 | $5,127 | $692,840 | $207,850 | $484,990 |
2020 | $5,105 | $676,230 | $202,870 | $473,360 |
2019 | $4,857 | $646,250 | $193,870 | $452,380 |
2018 | $4,644 | $619,660 | $0 | $0 |
2017 | $5,177 | $609,090 | $0 | $0 |
2016 | $4,833 | $568,530 | $0 | $0 |
2015 | $5,052 | $594,360 | $0 | $0 |
2014 | -- | $567,590 | $0 | $0 |
Source: Public Records
About Velocity Condominiums
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