NOT LISTED FOR SALE

Velocity Condominiums 1025 1st St SE Unit 1308 Washington, DC 20003

Navy Yard Neighborhood

Estimated Value: $412,000 - $449,000

-- Bed
1 Bath
644 Sq Ft
2009 Built

Last Sold February 12, 2020

Last sale price $399,999 $621 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,660/month

Highlights

  • Open Floorplan
  • 3-minute walk to Navy Yard
  • Ceiling height of 9 feet or more
  • Contemporary Architecture
  • Wood Flooring
  • 4-minute walk to Washington Canal Park

About This Home

As of June 2024

***Welcome to this STUNNING south-facing spacious Studio (644 sqft)*** with a balcony steps from Nats Stadium & Navy Yard Metro. Large kitchen with stainless steel appliances and tons of counter/cabinet space. Sun-filled living, dining, bedroom, and office areas featuring floor-to-ceiling windows and 2 walk-in closets. Secured covered parking is available for $150 a month if needed. Washer & Dryer in Unit. Pets Allowed. Velocity's amenities include a Rooftop Pool with Barbecue Grills, a Gym, an Amazon Box, a Pet Washing Station, a Conference Room & 24-hour Front Desk/Concierge. Walk Score 95 - Bike Score 95 - Transit Score 82. Don't miss out on this incredible opportunity—contact us today to schedule a viewing!**The owner will cover the $500 move-in fee if the lease is signed by June 30th, 2024.**

Last Agent to Rent the Property

Andrea Andrejic

Pearson Smith Realty, LLC Listed on: 05/18/2024

Pearson Smith Realty, LLC

Last Renter's Agent

Andrea Andrejic

Pearson Smith Realty, LLC Listed on: 05/18/2024

Pearson Smith Realty, LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,694

Year Built

  • Built in 2009

Parking

  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1 Full Bathroom
  • 644 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Brick Wall or Ceiling
  • Ceiling height of 9 feet or more
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Stove
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Public Septic

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,150
  • $500 Move-In Fee
  • Tenant pays for all utilities
  • 6-Month Min and 24-Month Max Lease Term
  • Available 5/18/24
  • Assessor Parcel Number 0699/N/2177

Community Details

Overview

  • High-Rise Condominium
  • Old City #1 Community
  • Navy Yard Subdivision

Recreation

Pet Policy

  • Pet Deposit $500
  • Dogs and Cats Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,694

Year Built

Built in 2009

Lot Details

0

Parking

1

Rental Info

  • Date Available: 2024-05-18
  • Owner Pays: None
  • Pet Deposit: 500.00
  • Pets: Case By Case Basis, Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Security Deposit: 2150.00
  • Tenant Pays: Utilities - All
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 6
  • Move In Fee: 500.00
  • Rent Spree Online Application: Yes

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
  • Year Built: 2009
  • Automatically Close On Close Date: No
  • Remarks Public: ***Welcome to this STUNNING south-facing spacious Studio (644 sqft)*** with a balcony steps from Nats Stadium & Navy Yard Metro. Large kitchen with stainless steel appliances and tons of counter/cabinet space. Sun-filled living, dining, bedroom, and office areas featuring floor-to-ceiling windows and 2 walk-in closets. Secured covered parking is available for $150 a month if needed. Washer & Dryer in Unit. Pets Allowed. Velocity's amenities include a Rooftop Pool with Barbecue Grills, a Gym, an Amazon Box, a Pet Washing Station, a Conference Room & 24-hour Front Desk/Concierge. Walk Score 95 - Bike Score 95 - Transit Score 82. Don't miss out on this incredible opportunity—contact us today to schedule a viewing!**The owner will cover the $500 move-in fee if the lease is signed by June 30th, 2024.**
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Refrigerator, Stove, Oven/Range - Electric, Washer, Dryer, Washer/Dryer Stacked
  • Entry Floor: 13
  • Flooring Type: Hardwood
  • Interior Amenities: Floor Plan - Open
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Brick, Dry Wall, High
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 644
  • Living Area Sq Ft: 644
  • Price Per Sq Ft: 3.26
  • Above Grade Finished Sq Ft: 644
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1025

Beds/Baths

  • 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
  • Roof: Shingle
  • 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: Covered Parking, Garage Door Opener, Underground
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer, Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 0699/N/2177
  • Tax Total Finished Sq Ft: 644
  • Tax Data Updated: No
  • Close Date: 06/28/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2020
Closed on
Feb 11, 2020
Sold by
Diaz Mauricio
Bought by
Yang Louis Liao
Seller's Agent
Mehrnaz Bazargan
Redfin Corp
Buyer's Agent
Ameer Gilani
TTR Sotheby's International Realty
List Price
$399,900
Sold Price
$399,999
Premium/Discount to List
$99
0.02%
Current Estimated Value
$431,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,600
Avg. Annual Appreciation
1.38%
Original Mortgage
$359,999
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Listed on
Feb 19, 2016
Closed on
Mar 31, 2016
Sold by
Wasneski Paul
Bought by
Diaz Mauricio
Seller's Agent
Chris Burns
TTR Sotheby's International Realty
Buyer's Agent
Francisco Hoyos
Compass
List Price
$369,999
Sold Price
$376,100
Premium/Discount to List
$6,101
1.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%
Original Mortgage
$338,490
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2011
Sold by
Square 699N Phase I Developer
Bought by
Jenkins Lester A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,900
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Yang Louis Liao $399,999 Kvs Title Llc
Diaz Mauricio $376,100 Kvs Title Llc
Jenkins Lester A $282,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Louis Liao $353,401
Closed Yang Louis Liao $359,999
Previous Owner Diaz Mauricio $338,490
Previous Owner Wasneski Paul $292,410
Previous Owner Jenkins Lester A $266,400
Previous Owner Jenkins Lester A $267,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Rented $2,100 0.0% --
06/26/2024 06/26/24 For Rent $2,100 0.0% --
06/22/2024 06/22/24 Under Contract -- -- --
06/17/2024 06/17/24 Price Changed $2,100 -2.3% $3 / Sq Ft
05/18/2024 05/18/24 For Rent $2,150 0.0% --
02/12/2020 02/12/20 Sold $399,999 0.0% $621 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $399,900 0.0% $621 / Sq Ft
06/17/2018 06/17/18 Rented $2,000 0.0% --
06/17/2018 06/17/18 Under Contract -- -- --
06/12/2018 06/12/18 For Rent $2,000 0.0% --
03/31/2016 03/31/16 Sold $376,100 +1.6% $584 / Sq Ft
03/12/2016 03/12/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $369,999 +13.9% $575 / Sq Ft
03/18/2013 03/18/13 Sold $324,900 0.0% $505 / Sq Ft
02/18/2013 02/18/13 Pending -- -- --
02/14/2013 02/14/13 For Sale $324,900 -- $505 / 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 $3,694 $449,820 $134,950 $314,870
2023 $3,276 $442,090 $132,630 $309,460
2022 $2,969 $441,750 $132,520 $309,230
2021 $2,927 $433,980 $130,190 $303,790
2020 $2,992 $427,660 $128,300 $299,360
2019 $3,443 $405,080 $121,520 $283,560
2018 $2,989 $388,360 $0 $0
2017 $2,601 $378,400 $0 $0
2016 $2,722 $356,120 $0 $0
2015 $2,311 $343,270 $0 $0
2014 -- $319,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrea Andrejic

    Landlord's Agent in 2024

    Andrea Andrejic

    Pearson Smith Realty, LLC

    (202) 696-0747

    21 Total Sales

    Andrea Andrejic
    Section Image
  • Ameer Gilani

    Buyer's Agent in 2020

    Ameer Gilani

    TTR Sotheby's International Realty

    (240) 485-8723

    36 Total Sales

    Ameer Gilani
    Section Image

  • D

    Seller's Agent in 2018

    David Getson

    Compass

    (202) 705-8800

    1 in this area

    141 Total Sales

    David Getson
    Section Image
  • Phoenix Wright

    Seller Co-Listing Agent in 2018

    Phoenix Wright

    Compass

    (202) 997-2467

    1 in this area

    159 Total Sales

    Phoenix Wright
    Section Image
  • Chris Burns

    Seller's Agent in 2016

    Chris Burns

    TTR Sotheby's International Realty

    (202) 234-3344

    203 Total Sales

    Chris Burns
    Section Image
See All Agents

About Velocity Condominiums

Map

Source: Bright MLS

MLS Number: DCDC2142444

Bright MLS

APN: 0699N-2177

District of Columbia District of Columbia County Washington 20003 Navy Yard

1025 1st St SE Unit 1308, Washington, DC

This home is located at 1025 1st St SE Unit 1308, Washington, DC 20003 since 18 May 2024 and is currently priced at $431,599. This property was built in 2009. 1025 1st St SE Unit 1308 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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