Welcome to the first resale of this beautiful offering at the VELOCITY. Unit #316 is a distinguished 2 bedroom, 2 bathroom residence in the heart of Navy Yard. Spanning 1060 square feet, this lightly lived in city abode offers a harmonious blend of sophistication and convenience, ideal for discerning urban dwellers. Perfect as a home away from home for those looking for a ‘lock and leave’ city pied-à-terre. Upon entry, you will be greeted by elegant espresso hardwood floors throughout the main living area, leading to a 200 square foot private terrace, offering a serene retreat for relaxation or casual entertaining. The bedrooms have custom closets and new, high quality wool carpet, providing a tranquil sanctuary within the bustling city. The open kitchen with an island is a delight and the custom window shades add a touch of grace to the space. Noteworthy are the two full-size side-by-side garage parking spaces, an esteemed feature that sets this residence apart in the urban landscape. The VELOCITY boasts an array of coveted amenities, including a a fully staffed front desk, onsite manager, common roof deck with pool and grills, wellness center (gym), ensuring a seamless and secure living experience. Bring Fido, this is a pet-friendly building.
Sold for $700,000
$700,000
1025 1st St SE APT 316, Washington, DC 20003
2beds
1,099sqft
Condominium
Built in 2009
-- sqft lot
$667,800 Zestimate®
$637/sqft
$3,441 Estimated rent
Home value
$667,800
$634,000 - $701,000
$3,441/mo
Zestimate® history
Owner options
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$3,441/mo
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$3,441/mo
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$3,339/mo
Est. payment
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$3,339/mo
Est. payment
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List your homeWhat's special
Heart of navy yardWellness centerOpen kitchenHigh quality wool carpetCustom window shadesCommon roof deckFully staffed front desk
Zillow last checked:
Listing updated:
Listed by:
Michael Moore 202-262-7762,
Compass
Bought with:
Andreea Leu, IB200200675
Compass
Source: Bright MLS,MLS#: DCDC2127938
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Basement
- Area: 0
Heating
- Forced Air, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Oven/Range - Electric, Refrigerator, Microwave, Dishwasher, Disposal, Washer/Dryer Stacked, Washer, Dryer, Water Heater, Electric Water Heater
- Laundry: Washer In Unit, Dryer In Unit, In Unit
Features
- Combination Dining/Living, Kitchen Island, Walk-In Closet(s)
- Flooring: Engineered Wood, Carpet, Ceramic Tile, Wood
- Windows: Window Treatments
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,099
- Total interior livable area: 1,099 sqft
- Finished area above ground: 1,099
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Front, Assigned, Limited Common Elements, Parking Space Conveys, Garage
- Garage spaces: 2
- Details: Assigned Parking, Assigned Space #: P3-213, P3-214
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Exterior features: Extensive Hardscape, Barbecue
- Pool features: Community
Lot
- Features: Urban Land-Sassafras-Chillum
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0699/N/2025
- Zoning: D-5
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick
Condition
- Very Good
- New construction: No
- Year built: 2009
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Desk in Lobby
Location
- Region: Washington
- Subdivision: Navy Yard
HOA & financial
Other fees
- Condo and coop fee: $720 monthly
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2024 | Sold | $700,000$637/sqft |
Source:  Bright MLS #DCDC2127938 Report a problem | ||
| 3/13/2024 | Contingent | $700,000$637/sqft |
Source: Bright MLS #DCDC2127938 Report a problem | ||
| 3/7/2024 | Listed for sale | $700,000$637/sqft |
Source: Bright MLS #DCDC2127938 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,583 +1% | $672,490 +1.1% |
| 2024 | $5,526 +1.4% | $665,330 +1.5% |
| 2023 | $5,448 +0.4% | $655,600 +0.5% |
| 2022 | $5,427 +1.8% | $652,290 +1.8% |
| 2021 | $5,332 +0.3% | $640,630 +2.4% |
| 2020 | $5,316 +9% | $625,360 +9% |
| 2018 | $4,875 +1.7% | $573,490 +1.7% |
| 2017 | $4,792 +7% | $563,750 +7% |
| 2016 | $4,477 +3.5% | $526,670 +3.5% |
| 2015 | $4,326 +5.6% | $508,990 +5.6% |
| 2014 | $4,097 +5.4% | $481,980 +5.4% |
| 2013 | $3,888 +1.6% | $457,440 +1.6% |
| 2012 | $3,826 | $450,070 |
| 2011 | $3,826 +92.7% | $450,070 -3.6% |
| 2010 | $1,985 | $467,100 |
Find assessor info on the county website
Neighborhood: Navy Yard
Nearby schools
GreatSchools rating
- 4/10Van Ness Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Jefferson Middle School AcademyGrades: 6-8Distance: 0.9 mi
- 3/10Eastern High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- District: District Of Columbia Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$667,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$667,800
- Washington, DC
- District of Columbia
- Washington
- 20003
- Navy Yard
- 1025 1st St SE Apartment 316
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