$499,900
SOLD MAR 8, 2018

Velocity Condominiums 1025 1st St SE Unit 204 Washington, DC 20003

Navy Yard Neighborhood
1 Bed
1 Bath
950 Sq Ft
$482/mo HOA Fee

Recently Sold

$526 Per Sq Ft

9 Days on Market

Highlights

  • Concierge
  • 3-minute walk to Navy Yard
  • Contemporary Architecture
  • Fitness Center
  • Open Floorplan
  • 4-minute walk to Washington Canal Park

About This Home

As of August 2023

Must see sunny & stylish at The Velocity! HOT location, steps to Navy Yard Metro, Navy Yard, Nats stadium. Surrounded by dining, shopping, you name it. Spacious unit with high end appliances, tons of storage, big floor to ceiling windows. All renovated and fresh. Luxury building with rooftop pool, exercise room, concierge, lots of resident spaces. Garage parking & extra storage! Truly a must see!

Last Agent to Sell the Property

Stephen Withrow

Compass

Compass

Last Buyer's Agent

Yalonda Harvin

CENTURY 21 New Millennium License #0225213086

CENTURY 21 New Millennium

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,738

Year Built

  • Built in 2009

HOA Fees

  • $482 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Studio
  • Brick Exterior Construction

Interior Spaces

  • 950 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Combination Dining and Living Room
  • Wood Flooring
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Subterranean Parking
  • Parking Space Number Location: P2 82

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2009
  • Assessor Parcel Number 0699/N/2009

Community Details

Overview

  • Association fees include custodial services maintenance, exterior building maintenance, management, insurance, sewer, water
  • High-Rise Condominium
  • The Velocity Community
  • Navy Yard Subdivision

Amenities

  • Concierge
  • Fax or Copying Available
  • Common Area
  • Community Center
  • Meeting Room
  • Party Room
  • Recreation Room
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,738

Year Built

Built in 2009

Lot Details

0

HOA Fees

$482 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2009
  • Remarks Public: Must see sunny & stylish at The Velocity! HOT location, steps to Navy Yard Metro, Navy Yard, Nats stadium. Surrounded by dining, shopping, you name it. Spacious unit with high end appliances, tons of storage, big floor to ceiling windows. All renovated and fresh. Luxury building with rooftop pool, exercise room, concierge, lots of resident spaces. Garage parking & extra storage! Truly a must see!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Icemaker, Microwave, Washer - Front Loading, Washer/Dryer Stacked, Oven/Range - Electric
  • Interior Amenities: Kitchen - Island, Combination Dining/Living, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open, Studio
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 950
  • Living Area Sq Ft: 950
  • Price Per Sq Ft: 526.21
  • Above Grade Finished Sq Ft: 950
  • 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: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Parking Space Number Assigned: P2 82
  • Garage Features: Underground

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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: 482.20
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Concierge, Elevator, Exercise Room, Extra Storage, Fitness Center, Fax/Copying, Meeting Room, Party Room, Pool - Outdoor, Recreational Center, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Custodial Services Maintenance, Ext Bldg Maint, Management, Insurance, Sewer, Water
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950

Lot Info

  • Improvement Assessed Value: 313050.00
  • Land Assessed Value: 134170.00
  • Property Attached Yn: Yes
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2017
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16165200
  • Tax Annual Amount: 3737.96
  • Assessor Parcel Number: 0699/N/2009
  • Tax Lot: 2009
  • Tax Total Finished Sq Ft: 929
  • Tax Year: 2017
  • Close Date: 03/08/2018

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Aug 7, 2023
Sold by
Krupinsky Steven
Bought by
Sullimada Anjan
Seller's Agent
Joshua Chapman
Compass
Buyer's Agent
Blake Hardesty
Compass
List Price
$537,500
Sold Price
$537,500
Total Days on Market
9
Views
85
Current Estimated Value
$527,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,872
Avg. Annual Appreciation
-1.02%
Original Mortgage
$489,796
Outstanding Balance
$475,226
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$52,402

Purchase Details

Listed on
Feb 13, 2019
Closed on
Apr 3, 2019
Sold by
Wells Stephen and Wells Debora L
Bought by
Krupinsky Steven
Seller's Agent
Yalonda Harvin
CENTURY 21 New Millennium
Buyer's Agent
Vanessa Patterson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$515,000
Sold Price
$515,000

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
$463,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2018
Closed on
Mar 8, 2018
Sold by
Greenwald Aaron Lee
Bought by
Wells Stephen and Wells Deboar L
Seller's Agent
Stephen Withrow
Compass
Buyer's Agent
Yalonda Harvin
CENTURY 21 New Millennium
List Price
$499,900
Sold Price
$499,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%
Original Mortgage
$499,900
Interest Rate
4.32%
Mortgage Type
VA

Purchase Details

Closed on
Jul 12, 2010
Sold by
Square 699N Phase 1 Developer
Bought by
Greenwald Aaron Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,918
Interest Rate
3.5%
Mortgage Type
FHA

Map

About Velocity Condominiums

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 Type Sale Price Title Company
Deed $537,500 Kvs Title
Special Warranty Deed $515,000 Answer Title & Escrow Llc
Special Warranty Deed $499,900 Paragon Title & Escrow Co
Warranty Deed $374,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $489,796 VA
Previous Owner $446,520 New Conventional
Previous Owner $463,500 New Conventional
Previous Owner $499,900 VA
Previous Owner $369,918 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2023 08/08/23 Sold $537,500 0.0% $579 / Sq Ft
07/06/2023 07/06/23 For Sale $537,500 +4.4% $579 / Sq Ft
04/05/2019 04/05/19 Sold $515,000 0.0% $554 / Sq Ft
03/07/2019 03/07/19 Pending -- -- --
02/20/2019 02/20/19 For Sale $515,000 0.0% $554 / Sq Ft
02/14/2019 02/14/19 Off Market $515,000 -- --
03/08/2018 03/08/18 Sold $499,900 0.0% $526 / Sq Ft
02/10/2018 02/10/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $499,900 0.0% $526 / Sq Ft
03/13/2015 03/13/15 Rented $2,395 0.0% --
03/13/2015 03/13/15 Under Contract -- -- --
03/02/2015 03/02/15 For Rent $2,395 -- --
Source: Bright MLS

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 $3,855 $555,780 $166,730 $389,050
2023 $3,796 $548,680 $164,600 $384,080
2022 $3,493 $503,390 $151,020 $352,370
2021 $3,470 $497,900 $149,370 $348,530
2020 $3,532 $491,280 $147,380 $343,900
2019 $3,329 $466,440 $139,930 $326,510
2018 $3,178 $447,220 $0 $0
2017 $3,738 $439,760 $0 $0
2016 $3,503 $412,140 $0 $0
2015 $3,149 $370,490 $0 $0
2014 $2,926 $344,230 $0 $0
Source: Public Records

Source: Bright MLS

MLS Number: 1005913503

Bright MLS

APN: 0699N-2009

District of Columbia District of Columbia County Washington 20003 Navy Yard

1025 1st St SE Unit 204, Washington, DC

Homes for Sale in Washington, DC

This home is located at 1025 1st St SE Unit 204, Washington, DC 20003 and is currently priced at $499,900, approximately $526 per square foot. This property was built in 2009. 1025 1st St SE Unit 204 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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