$524,999
UNDER CONTRACT

Velocity Condominiums 1025 1st St SE Unit 602 Washington, DC 20003

Navy Yard Neighborhood

Estimated payment $3,695/month

Total Views 11,848
1 Bed
1 Bath
787 Sq Ft
$667 Price per Sq Ft

Highlights

  • Concierge
  • 3-minute walk to Navy Yard
  • 24-Hour Security
  • Bar or Lounge
  • Fitness Center
  • 4-minute walk to Washington Canal Park

About This Home

Discover this pristine one-bedroom condo in the highly sought-after Velocity building, featuring a spacious balcony and a coveted oversized parking spot. This home boasts gleaming dark hardwood floors, stainless steel appliances, an in-unit washer and dryer, a large walk-in closet, and an upgraded kitchen with modern cabinetry and lighting.

Enjoy an amenity-rich lifestyle with secured entry, a rooftop pool, fitness center, resident lounge, and front desk concierge. The state-of-the-art fitness center, conveniently located on the first floor, is complemented by a 24/7 concierge, Amazon Hub package lockers, and a Dryy dry-cleaning service dropbox. For added convenience, the first floor also includes the trash room and freight elevator.

Located in the heart of the Navy Yard corridor, Velocity is just one block from the Navy Yard-Ballpark Metro station. Nationals Park is a 5-minute walk, and the waterfront is only three blocks away. With easy access to I-695 and I-395, you'll be perfectly positioned to enjoy the vibrant retail, restaurants, and entertainment options DC has to offer.

FHA and VA approved, pet-friendly, and steps from the city’s best restaurants—don’t miss your chance to live in one of DC’s most dynamic neighborhoods!

Listing Agent

OMER RESHID

Keller Williams Capital Properties

Keller Williams Capital Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,987

Year Built

  • Built in 2009

HOA Fees

  • $516 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Front

Interior Spaces

  • 787 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Double Pane Windows
  • Window Treatments
  • Family Room Off Kitchen
  • Wood Flooring
  • Home Security System
  • Stacked Washer and Dryer

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0699/N/2059

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, insurance, pool(s), reserve funds, snow removal, trash, water
  • High-Rise Condominium
  • Old City #1 Community
  • Navy Yard Subdivision

Amenities

  • Concierge
  • Common Area
  • Community Center
  • Meeting Room
  • Party Room
  • Bar or Lounge

Recreation

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,987

Year Built

Built in 2009

Lot Details

0

HOA Fees

$516 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator, 36"+ Wide Halls
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2009
  • Automatically Close On Close Date: No
  • Remarks Public: Discover this pristine one-bedroom condo in the highly sought-after Velocity building, featuring a spacious balcony and a coveted oversized parking spot. This home boasts gleaming dark hardwood floors, stainless steel appliances, an in-unit washer and dryer, a large walk-in closet, and an upgraded kitchen with modern cabinetry and lighting. Enjoy an amenity-rich lifestyle with secured entry, a rooftop pool, fitness center, resident lounge, and front desk concierge. The state-of-the-art fitness center, conveniently located on the first floor, is complemented by a 24/7 concierge, Amazon Hub package lockers, and a Dryy dry-cleaning service dropbox. For added convenience, the first floor also includes the trash room and freight elevator. Located in the heart of the Navy Yard corridor, Velocity is just one block from the Navy Yard-Ballpark Metro station. Nationals Park is a 5-minute walk, and the waterfront is only three blocks away. With easy access to I-695 and I-395, you'll be perfectly positioned to enjoy the vibrant retail, restaurants, and entertainment options DC has to offer. FHA and VA approved, pet-friendly, and steps from the city’s best restaurants—don’t miss your chance to live in one of DC’s most dynamic neighborhoods!
  • Washer Dryer Hookups YN: Yes
  • Special Features: 4224
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Disposal, Microwave
  • Entry Floor: 6
  • Interior Amenities: Family Room Off Kitchen, Breakfast Area, Kitchen - Island, Kitchen - Gourmet, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open
  • Window Features: Double Pane
  • Fireplace: No
  • Levels Count: 1
  • Room List: Kitchen, Family Room
  • Basement: No
  • Total Sq Ft: 787
  • Living Area Sq Ft: 787
  • Price Per Sq Ft: 667.09
  • Above Grade Finished Sq Ft: 787
  • 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 Front, Concrete
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Desk In Lobby, Smoke Detector, Security System, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 516.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Bar/Lounge, Common Grounds, Community Center, Elevator, Fitness Center, Meeting Room, Party Room, Pool - Outdoor, Security, Concierge
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Insurance, Pool(s), Reserve Funds, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Soil Types: Unknown
  • Zoning: D-5
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2986.72
  • Assessor Parcel Number: 0699/N/2059
  • Tax Year: 2017

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

About Velocity Condominiums

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $3,388 $500,770 $150,230 $350,540
2023 $3,371 $495,260 $148,580 $346,680
2022 $3,387 $490,910 $147,270 $343,640
2021 $3,311 $479,150 $143,740 $335,410
2020 $3,332 $467,680 $140,300 $327,380
2019 $3,187 $449,760 $134,930 $314,830
2018 $3,042 $431,210 $0 $0
2017 $2,987 $423,830 $0 $0
2016 $2,772 $397,850 $0 $0
2015 $2,656 $383,850 $0 $0
2014 $2,435 $356,700 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 For Sale $524,999 +4.0% $667 / Sq Ft
08/10/2018 08/10/18 Sold $505,000 +1.0% $642 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $499,900 +9.9% $635 / Sq Ft
12/30/2016 12/30/16 Sold $455,000 +1.1% $578 / Sq Ft
12/03/2016 12/03/16 Pending -- -- --
11/30/2016 11/30/16 For Sale $449,900 -- $572 / Sq Ft
Source: Bright MLS

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $505,000 Kvs Title Llc
Special Warranty Deed $455,000 Kvs Title Llc
Warranty Deed $352,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $390,650 New Conventional
Closed $390,650 New Conventional
Closed $396,500 New Conventional
Closed $404,000 No Value Available
Previous Owner $317,000 Adjustable Rate Mortgage/ARM
Previous Owner $343,076 FHA
Source: Public Records

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Source: Bright MLS

MLS Number: DCDC2174512

Bright MLS

APN: 0699N-2059

District of Columbia District of Columbia County Washington 20003 Navy Yard

1025 1st St SE Unit 602, Washington, DC

Homes for Sale in Washington, DC

This home is located at 1025 1st St SE Unit 602, Washington, DC 20003 and is currently priced at $524,999, approximately $667 per square foot. This property was built in 2009. 1025 1st St SE Unit 602 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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OMER RESHID
Listing Agent
OMER RESHID
Section Image
Keller Williams Capital Properties
(443) 955-8400