Velocity Condominiums 1025 1st St SE Unit 716 Washington, DC 20003
Navy Yard NeighborhoodEstimated payment $5,315/month
Total Views
9,105
2
Beds
2
Baths
1,153
Sq Ft
$620
Price per Sq Ft
Highlights
- Concierge
- 3-minute walk to Navy Yard
- Open Floorplan
- Fitness Center
- Private Pool
- 4-minute walk to Washington Canal Park
About This Home
With two bedrooms and two bathrooms, this spacious residence spans 1,153 square feet, offering a comfortable and contemporary living experience. The open concept design allows for an easy flow and natural light throughout the home. The kitchen features newer stainless-steel appliances, European style cabinetry, and a kitchen island with counter seating. The generous layout also allows for a large dining table, with corner windows. Additionally, the unit has a private balcony with courtyard views. The tankless water heater installed allows space for a storage closet - great for a pantry! There is an included assigned parking space in the underground parking garage for added convenience.
The primary bedroom is generously sized with floor to ceiling corner windows, en-suite bathroom and large walk-in closet. The bathroom features an oversized vanity and shower. The secondary bedroom is located at the other end of the condo for privacy, and shares the hall bath with shower tub.
The home has been well maintained by the sellers and includes the following upgrades: HVAC 2017; Tankless water heater, 2020; Meile washer and dryer, Bosch dishwasher, LG Fridge 2021, Microwave, 2019.
Residents of this building can indulge in an array of exceptional amenities. The community meeting room has a chef's kitchen, perfect for hosting gatherings and culinary events. Stay active in the large gym, flooded with natural light and equipped with updated exercise equipment. Families with young children will appreciate the dedicated kids’ playroom, providing a safe and engaging space for little ones to explore and play. For those with furry friends, the dog wash station is a convenient and thoughtful addition.
Situated in a prime location, this condo has a remarkable walking score of 95 out of 100, making it a true "walking paradise." With an abundance of neighborhood amenities and attractions just steps away, you'll have everything you need right at your fingertips. Public transportation options are easily accessible, with the Green, Blue, Orange, and Silver metro lines all within a convenient distance of 0.5 miles or less. For your grocery needs, both Whole Foods and Harris Teeter are a mere 0.2 miles away. Catch a game at the ballpark or grab a meal at the many dining options. Immerse yourself in the dynamic energy of this sought-after location, where entertainment, dining, and convenience are all within easy reach.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,701
Year Built
- Built in 2009
HOA Fees
- $850 Monthly HOA Fees
Parking
- Assigned parking located at #P2-84
Home Design
- Contemporary Architecture
- Brick Exterior Construction
Interior Spaces
- 1,153 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Window Treatments
- Combination Kitchen and Dining Room
- Wood Flooring
Kitchen
- Stove
- Microwave
- Ice Maker
- Dishwasher
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Bathroom
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Accessible Home Design
- Accessible Elevator Installed
- Halls are 36 inches wide or more
Pool
- Private Pool
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Electric Water Heater
Listing and Financial Details
- Tax Lot 2089
- Assessor Parcel Number 0699/N/2089
Community Details
Overview
- Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, lawn maintenance, management, insurance, parking fee, pool(s), snow removal
- High-Rise Condominium
- The Velocity Condos
- Old City #1 Subdivision
Amenities
- Concierge
- Common Area
- Community Center
- Meeting Room
- Party Room
- Elevator
Recreation
Pet Policy
- Dogs and Cats Allowed
Security
- Security Service
Map
About Velocity Condominiums
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Home Values in the Area
Average Home Value in this Area
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 | $5,701 | $685,930 | $205,780 | $480,150 |
| 2023 | $5,617 | $675,550 | $202,660 | $472,890 |
| 2022 | $4,930 | $672,500 | $201,750 | $470,750 |
| 2021 | $4,857 | $661,070 | $198,320 | $462,750 |
| 2020 | $4,842 | $645,400 | $193,620 | $451,780 |
| 2019 | $4,606 | $616,780 | $185,030 | $431,750 |
| 2018 | $4,403 | $591,400 | $0 | $0 |
| 2017 | $4,942 | $581,400 | $0 | $0 |
| 2016 | $4,614 | $542,840 | $0 | $0 |
| 2015 | $4,460 | $524,740 | $0 | $0 |
| 2014 | $4,223 | $496,880 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2025 03/20/25 | Price Changed | $715,000 | -1.4% | $620 / Sq Ft |
| 02/06/2025 02/06/25 | For Sale | $725,000 | +6.9% | $629 / Sq Ft |
| 08/25/2017 08/25/17 | Sold | $678,000 | -1.6% | $588 / Sq Ft |
| 07/30/2017 07/30/17 | Pending | -- | -- | -- |
| 07/27/2017 07/27/17 | For Sale | $689,000 | +26.7% | $598 / Sq Ft |
| 06/17/2013 06/17/13 | Sold | $544,000 | +2.7% | $472 / Sq Ft |
| 04/12/2013 04/12/13 | Pending | -- | -- | -- |
| 04/07/2013 04/07/13 | For Sale | $529,900 | -- | $460 / Sq Ft |
Source: Bright MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $678,000 | None Available | |
| Warranty Deed | $544,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $579,881 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $610,200 | New Conventional | |
| Previous Owner | $534,136 | FHA |
Source: Public Records
Similar Homes in Washington, DC
Source: Bright MLS
MLS Number: DCDC2167988
APN: 0699N-2089
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