NOT LISTED FOR SALE

1025 First St SE Unit 1401 Washington, DC 20003

Navy Yard Neighborhood

Estimated Value: $552,000 - $587,000

1 Bed
1 Bath
895 Sq Ft
$473/mo HOA Fee

Last Sold May 29, 2020

Last sale price $550,000 $615 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,013/month

24 Days on Market

Highlights

  • Concierge
  • 2-minute walk to Navy Yard
  • Gourmet Kitchen
  • Fitness Center
  • Penthouse
  • 3-minute walk to Washington Canal Park

About This Home

As of May 2020

Penthouse living at its finest! Relish the ultimate DC lifestyle atop Velocity, the premier high-rise condo community in Navy Yard. This contemporary one bedroom includes a spacious den, perfect for a home office or guest room. Chic kitchen with center island and ample cabinet storage. Featuring floor-to-ceiling windows, private balcony, gleaming hardwood floors, new carpet in the bedroom, and custom Elfa closets. Amenities galore! Rooftop pool, kids playroom, concierge, newly renovated party/meeting room, Amazon locker, and a brand new expanded fitness center so well equipped, you can cancel that gym membership! Dream location, just 2 blocks to metro and steps to Nats Park, Yards Park, Whole Foods, and all the dining and entertainment options of the Capitol Riverfront. Parking included and pet-friendly! Check out the 3D virtual tour: https://my.matterport.com/show/?m=5L7B3nLjWE4 **Virtual Showings available, please contact listing agent to schedule**

Last Agent to Sell the Property

Lisa Tucker

Jason Mitchell Group License #656540 Listed on: 04/06/2020

Last Buyer's Agent

Kristina Walker

KW United License #681488

KW United

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,706

Year Built

  • Built in 2009

Lot Details

  • 131

HOA Fees

  • $473 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Penthouse
  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 895 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Recessed Lighting
  • Dining Area
  • Den

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Property is in very good condition

Listing and Financial Details

  • Tax Lot 2186
  • Assessor Parcel Number 0699/N/2186

Community Details

Overview

  • Association fees include exterior building maintenance, management, insurance, reserve funds, trash, common area maintenance, pool(s), sewer, snow removal
  • Velocity Condos, Phone Number (703) 966-5919
  • Old City I Community
  • Navy Yard Subdivision

Amenities

  • Concierge
  • Meeting Room
  • Party Room

Recreation

  • Fitness Center
  • Community Pool

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,706

Year Built

Built in 2009

Lot Details

0

HOA Fees

$473 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2009
  • Remarks Public: Penthouse living at its finest! Relish the ultimate DC lifestyle atop Velocity, the premier high-rise condo community in Navy Yard. This contemporary one bedroom includes a spacious den, perfect for a home office or guest room. Chic kitchen with center island and ample cabinet storage. Featuring floor-to-ceiling windows, private balcony, gleaming hardwood floors, new carpet in the bedroom, and custom Elfa closets. Amenities galore! Rooftop pool, kids playroom, concierge, newly renovated party/meeting room, Amazon locker, and a brand new expanded fitness center so well equipped, you can cancel that gym membership! Dream location, just 2 blocks to metro and steps to Nats Park, Yards Park, Whole Foods, and all the dining and entertainment options of the Capitol Riverfront. Parking included and pet-friendly! Check out the 3D virtual tour: https://my.matterport.com/show/?m=5L7B3nLjWE4 **Virtual Showings available, please contact listing agent to schedule**
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 14
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Combination Kitchen/Living, Floor Plan - Open, Kitchen - Gourmet, Upgraded Countertops, Wood Floors, Kitchen - Island, Walk-In Closet(s), Carpet, Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Recessed Lighting, Tub Shower
  • Fireplace: No
  • Levels Count: 1
  • Room List: Den, Bedroom 1, Bathroom 1
  • Basement: No
  • Total Sq Ft: 895
  • Living Area Sq Ft: 895
  • Price Per Sq Ft: 642.46
  • 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: Brick
  • 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: Garage Door Opener, Underground
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • 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: 473.41
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Velocity
  • Condo Co-Op Phone: (703) 966-5919
  • HOA Condo Co-Op Amenities: Meeting Room, Elevator, Exercise Room, Security, Pool - Outdoor, Concierge, Party Room, Reserved/Assigned Parking, Swimming Pool, Fitness Center
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management, Insurance, Reserve Funds, Trash, Common Area Maintenance, Pool(s), Sewer, Snow Removal
  • HOA: No
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 372620.00
  • Land Assessed Value: 159690.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Year Assessed: 2019
  • Zoning: PUBLIC RECORD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16165055
  • Tax Annual Amount: 3706.00
  • Assessor Parcel Number: 0699/N/2186
  • Tax Lot: 2186
  • Tax Total Finished Sq Ft: 895
  • Tax Year: 2019
  • Close Date: 05/29/2020

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2022
Sold by
Michela Masson
Bought by
White Kelly Gammon and White Gerard Bolton
Current Estimated Value
$573,617

Purchase Details

Listed on
Apr 6, 2020
Closed on
May 29, 2020
Sold by
Cuevas Mark
Bought by
Cash Amanda Caroline
Seller's Agent
Lisa Tucker
Jason Mitchell Group
Buyer's Agent
Kristina Walker
KW United
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.99%
Original Mortgage
$440,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2011
Sold by
Square 699N Phase I Developer
Bought by
Cuevas Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,750
Interest Rate
4.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
White Kelly Gammon $72,863 New Title Company Name
Cash Amanda Caroline $550,000 Universal Title
Cuevas Mark $417,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cash Amanda Caroline $440,000
Previous Owner Cuevas Mark $312,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $550,000 -4.3% $615 / Sq Ft
04/30/2020 04/30/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $575,000 -- $642 / 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 $4,793 $579,020 $173,710 $405,310
2023 $4,692 $566,740 $170,020 $396,720
2022 $4,622 $557,510 $167,250 $390,260
2021 $4,523 $545,450 $163,630 $381,820
2020 $3,881 $532,310 $159,690 $372,620
2019 $3,706 $510,850 $153,250 $357,600
2018 $3,540 $489,790 $0 $0
2017 $3,476 $481,380 $0 $0
2016 $3,224 $450,950 $0 $0
2015 $3,391 $470,350 $0 $0
2014 -- $440,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Tucker

    Seller's Agent in 2020

    Lisa Tucker

    Jason Mitchell Group

    (202) 302-2558

    161 Total Sales

    Section Image
  • Kristina Walker

    Buyer's Agent in 2020

    Kristina Walker

    KW United

    (703) 981-7802

    1 in this area

    333 Total Sales

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Map

Source: Bright MLS

MLS Number: DCDC464302

Bright MLS

APN: 0699N-2186

District of Columbia District of Columbia County Washington 20003 Navy Yard

1025 First St SE Unit 1401, Washington, DC

This home is located at 1025 First St SE Unit 1401, Washington, DC 20003 since 06 April 2020 and is currently estimated at $570,345, approximately $637 per square foot. This property was built in 2009. 1025 First St SE Unit 1401 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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