Velocity Condominiums 1025 1st St SE Unit 915 Washington, DC 20003
Navy Yard Neighborhood
2
Beds
2
Baths
1,065
Sq Ft
$698/mo
HOA Fee
Highlights
- Concierge
- 3-minute walk to Navy Yard
- Gourmet Kitchen
- Bar or Lounge
- Fitness Center
- 4-minute walk to Washington Canal Park
About This Home
As of September 2024Highly coveted 2-bed, 2-bath, higher floor, corner unit with city view available at The Velocity located in one of the most sought-after neighborhoods in DC-Navy Yard! This stunning residence is a rare find, offering a blend of luxury, convenience, and modern design. Included in the price is one GARAGE parking spot, with the option to purchase a second, making it ideal for households with multiple vehicles. As you step into this beautiful home, you'll be immediately captivated by the floor-to-ceiling windows that bathe the space in natural light and offer breathtaking city views. These expansive windows come equipped with remote-controlled shades, allowing you to easily adjust the light and privacy to your liking. The spacious kitchen is a chef’s dream, featuring updated stainless steel appliances, elegant granite countertops, an abundance of storage space for all your culinary needs and an island with breakfast bar seating perfect for flexible dining options. The open layout flows seamlessly into the living and dining areas, creating a perfect environment for entertaining guests or enjoying a quiet night in. The primary bedroom is a true retreat, generously sized with a walk-in closet, an ensuite bath, and a charming south facing river view Juliette balcony which, when open, provides south facing views of the river, thoughtfully positioned on one wing of the unit to ensure maximum privacy. The ensuite bathroom is designed with luxury in mind, offering modern fixtures and finishes that provide a spa-like experience. On the opposite wing of the unit, the second bedroom also enjoys privacy and comes with its own dedicated bathroom. This thoughtful layout is perfect for guests, family members, or even as a home office. The unit has been significantly enhanced to maximize storage capabilities. Notable upgrades include the installation of a tankless water heater, freeing up an entire closet for additional storage. Additionally, space-saving shelving has been installed throughout, optimizing every inch of available space. Living at The Velocity means enjoying top-notch amenities designed to enhance your lifestyle. The building offers a 24/7 concierge service, ensuring that all your needs are met at any time of day. Stay fit and healthy with access to a state-of-the-art gym, and unwind during the warmer months at the rooftop pool, which provides stunning views of the city. Additionally, there is a meeting room available, perfect for business needs or community gatherings. The location of The Velocity is simply unbeatable. Just a stone's throw away from the Navy Yard metro, commuting is a breeze. You’ll also be within walking distance of Nats Park, allowing you to easily catch a game. The surrounding area is vibrant and full of life, with a plethora of shops, dining options, and entertainment venues to explore. This unit at The Velocity is a perfect blend of elegance, functionality, and convenience. Don’t miss the opportunity to make it your new home! Schedule a viewing today and experience all that this exceptional property has to offer.
Last Agent to Sell the Property
Mehrnaz Bazargan
Redfin Corp License #SP98376946
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,339
Year Built
- Built in 2009
HOA Fees
- $698 Monthly HOA Fees
Parking
- Assigned parking located at #P1-41
- Parking Storage or Cabinetry
Home Design
- Traditional Architecture
Interior Spaces
- 1,065 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- High Ceiling
- Ceiling Fan
- Window Treatments
- Combination Dining and Living Room
- Wood Flooring
- Washer and Dryer Hookup
Kitchen
- Gourmet Kitchen
- Breakfast Area or Nook
- Kitchen Island
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Bathroom
- Walk-In Closet
- 2 Full Bathrooms
- Bathtub with Shower
- Walk-in Shower
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Patio
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 2120
- Assessor Parcel Number 0699/N/2120
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, management, reserve funds, sewer, snow removal
- High-Rise Condominium
- Old City #1 Community
- Navy Yard Subdivision
Amenities
- Concierge
- Common Area
- Meeting Room
- Party Room
- Bar or Lounge
Recreation
Pet Policy
- Pets Allowed
Map
About Velocity Condominiums
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/25/2024 09/25/24 | Sold | $718,000 | -1.0% | $674 / Sq Ft |
| 08/20/2024 08/20/24 | Price Changed | $725,000 | -3.3% | $681 / Sq Ft |
| 06/21/2024 06/21/24 | For Sale | $750,000 | 0.0% | $704 / Sq Ft |
| 01/10/2024 01/10/24 | Rented | $3,750 | 0.0% | -- |
| 01/02/2024 01/02/24 | For Rent | $3,750 | 0.0% | -- |
| 04/15/2022 04/15/22 | Sold | $800,000 | +4.6% | $751 / Sq Ft |
| 03/21/2022 03/21/22 | Pending | -- | -- | -- |
| 03/17/2022 03/17/22 | For Sale | $765,000 | +11.7% | $718 / Sq Ft |
| 06/25/2018 06/25/18 | Sold | $685,000 | +1.5% | $643 / Sq Ft |
| 05/12/2018 05/12/18 | Pending | -- | -- | -- |
| 05/10/2018 05/10/18 | Price Changed | $675,000 | -1.5% | $634 / Sq Ft |
| 04/26/2018 04/26/18 | For Sale | $685,000 | -- | $643 / Sq Ft |
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 | $5,415 | $652,190 | $195,660 | $456,530 |
| 2023 | $5,339 | $642,870 | $192,860 | $450,010 |
| 2022 | $4,649 | $639,390 | $191,820 | $447,570 |
| 2021 | $4,573 | $627,600 | $188,280 | $439,320 |
| 2020 | $4,564 | $612,590 | $183,780 | $428,810 |
| 2019 | $4,347 | $586,210 | $175,860 | $410,350 |
| 2018 | $4,154 | $562,070 | $0 | $0 |
| 2017 | $4,080 | $552,490 | $0 | $0 |
| 2016 | $3,780 | $516,350 | $0 | $0 |
| 2015 | $3,835 | $522,530 | $0 | $0 |
| 2014 | -- | $494,830 | $0 | $0 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $368,000 | New Conventional | |
| Previous Owner | $720,000 | Balloon | |
| Previous Owner | $609,000 | New Conventional | |
| Previous Owner | $664,300 | New Conventional | |
| Previous Owner | $685,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $399,000 | New Conventional | |
| Previous Owner | $413,010 | New Conventional |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $718,000 | Universal Title | |
| Special Warranty Deed | $11,600 | Rosenberg Lpa Llc | |
| Special Warranty Deed | $685,000 | Kvs Title Llc | |
| Warranty Deed | $458,900 | -- |
Source: Public Records
Similar Homes in Washington, DC
Source: Bright MLS
MLS Number: DCDC2146058
APN: 0699N-2120
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