NOT LISTED FOR SALE

Velocity Condominiums 1025 1st St SE Washington, DC 20003

Navy Yard Neighborhood

Estimated Value: $684,000 - $718,000

2 Beds
2 Baths
1,065 Sq Ft
$660/Sq Ft Est. Value

About This Home

This home is located at 1025 1st St SE, Washington, DC 20003 and is currently estimated at $702,786, approximately $659 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
Oct 24, 2018
Sold by
Gorman John and Khajehnouri Nazanin
Bought by
Bird Adam
Current Estimated Value
$702,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$629,100
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2016
Sold by
Vincent Wendy M
Bought by
Gorman John and Khajehnouri Nazanin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2012
Sold by
Square 699N Phase I Dev Llc
Bought by
Vincent Wendy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
3.85%
Mortgage Type
New Conventional
Source: Public Records

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
Bird Adam $699,000 Brennan Title Company
Gorman John $650,000 Certified Title Corporation
Vincent Wendy M $518,853 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bird Adam $625,000
Closed Bird Adam $629,100
Previous Owner Gorman John $520,000
Previous Owner Vincent Wendy M $415,000
Source: Public Records

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 $6,013 $722,610 $216,780 $505,830
2023 $5,880 $706,450 $211,930 $494,520
2022 $5,803 $696,410 $208,920 $487,490
2021 $5,696 $683,370 $205,010 $478,360
2020 $5,699 $670,510 $201,150 $469,360
2019 $5,453 $641,520 $192,460 $449,060
2018 $5,228 $615,090 $0 $0
2017 $5,154 $606,340 $0 $0
2016 $4,843 $569,750 $0 $0
2015 $4,802 $564,960 $0 $0
2014 -- $539,530 $0 $0
Source: Public Records

About Velocity Condominiums

Map

District of Columbia District of Columbia County Washington 20003 Navy Yard

1025 1st St SE, Washington, DC

This home is located at 1025 1st St SE, Washington, DC 20003 and is currently estimated at $702,786, approximately $659 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.

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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