NOT LISTED FOR SALE

1025 First St SE Unit 801 Washington, DC 20003

Navy Yard Neighborhood

Estimated Value: $541,000 - $587,000

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

Highlights

  • Fitness Center
  • 2-minute walk to Navy Yard
  • Party Room
  • Contemporary Architecture
  • Community Pool
  • 3-minute walk to Washington Canal Park

About This Home

As of November 2021

Enjoy floor-to-ceiling windows, an awesome location and an amenities rich building at The Velocity! This 1 bed + den offers floor-to-ceiling windows with tons of natural light, a spacious open layout with hardwood floors throughout; stainless steel appliances and bright quartz countertops in the chef's kitchen - complete with breakfast bar and plenty of storage.

The den could be used as your WFH office, workout room, guest room etc. Other features include a private balcony overlooking the courtyard, in-unit W/D, built-in shelving in the bedroom, and amenities in the building - rooftop pool and bbq, a robust fitness center, a common lounge with workspace, amazon lockers and building concierge.

Just a few blocks to Nats Stadium, Whole Foods, Vida, coffee shops, restaurants, Waterfront dining, and the Navy Yard Metro.

Last Agent to Rent the Property

Kevin Brunell

Compass Listed on: 10/13/2021

Compass

Last Renter's Agent

Kevin Brunell

Compass Listed on: 10/13/2021

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,485

Year Built

  • Built in 2009

Lot Details

  • 131

HOA Fees

  • $473 Monthly HOA Fees

Parking

  • 1 Assigned Subterranean Space
  • Basement Garage
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 895 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Schools

  • Langley Elementary School
  • Mckinley Middle School
  • Benjamin Banneker Academy High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,700
  • No Smoking Allowed
  • 12-Month Min and 14-Month Max Lease Term
  • Available 10/13/21
  • Assessor Parcel Number 0699/N/2090

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, pool(s), reserve funds, snow removal, trash
  • High-Rise Condominium
  • Velocity Condos
  • Old City I Community
  • Navy Yard Subdivision

Amenities

  • Picnic Area
  • Party Room

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,485

Year Built

Built in 2009

Lot Details

0

HOA Fees

$473 per month

Parking

1

Rental Info

  • Date Available: 2021-10-13
  • Pets Allowed: No
  • Security Deposit: 2700.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 14
  • 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
  • Accessibility Features: Elevator
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2009
  • Automatically Close On Close Date: No
  • Remarks Public: Enjoy floor-to-ceiling windows, an awesome location and an amenities rich building at The Velocity! This 1 bed + den offers floor-to-ceiling windows with tons of natural light, a spacious open layout with hardwood floors throughout; stainless steel appliances and bright quartz countertops in the chef's kitchen - complete with breakfast bar and plenty of storage. The den could be used as your WFH office, workout room, guest room etc. Other features include a private balcony overlooking the courtyard, in-unit W/D, built-in shelving in the bedroom, and amenities in the building - rooftop pool and bbq, a robust fitness center, a common lounge with workspace, amazon lockers and building concierge. Just a few blocks to Nats Stadium, Whole Foods, Vida, coffee shops, restaurants, Waterfront dining, and the Navy Yard Metro.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 8
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 895
  • Living Area Sq Ft: 895
  • Price Per Sq Ft: 2.68
  • 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
  • Construction Materials: Block, Brick, Mixed
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: No
  • Garage Features: Basement Garage, Underground
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage, Off Street
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 473.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Velocity
  • HOA Condo Co-Op Amenities: 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, Lawn Maintenance, Management, Pool(s), Reserve Funds, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: LANGLEY
  • Middle School: MCKINLEY
  • High School: BENJAMIN BANNEKER ACADEMY
  • 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: LANGLEY
  • High School: BENJAMIN BANNEKER ACADEMY
  • Middle Or Junior School: MCKINLEY

Lot Info

  • Zoning: D-5

Tax Info

  • Assessor Parcel Number: 16165145
  • Assessor Parcel Number: 0699/N/2090
  • Close Date: 11/09/2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2021
Sold by
Hall Arthur O
Bought by
Duru Chinekwu
Current Estimated Value
$558,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,200
Outstanding Balance
$330,408
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$230,862

Purchase Details

Closed on
Aug 31, 2010
Sold by
Square 699N Phase I Developer
Bought by
Hall Arthur O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,485
Interest Rate
3.25%
Mortgage Type
FHA
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
Duru Chinekwu $570,000 None Available
Hall Arthur O $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duru Chinekwu $356,200
Previous Owner Hall Arthur O $395,000
Previous Owner Hall Arthur O $409,485
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2021 11/09/21 Rented $2,400 0.0% --
10/13/2021 10/13/21 For Rent $2,400 -- --
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 $3,664 $520,700 $156,210 $364,490
2020 $3,677 $508,330 $152,500 $355,830
2019 $3,510 $487,820 $146,350 $341,470
2018 $3,352 $467,720 $0 $0
2017 $3,292 $459,770 $0 $0
2016 $3,053 $430,860 $0 $0
2015 $2,929 $415,960 $0 $0
2014 -- $386,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2000551

Bright MLS

APN: 0699N-2090