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Sold for $705,000
  • $705,000

    1025 1st St SE APT 505, Washington, DC 20003

    2beds
    1,188sqft
    Condominium
    Built in 2009
    -- sqft lot
    $668,600 Zestimate®
    $593/sqft
    $3,656 Estimated rent

    Home value

    $668,600

    $615,000 - $722,000

    $3,656/mo

    Zestimate® history
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    What's special

    Experience opulent living in the modern Velocity Condominium, established in 2009. Situated near the vibrant Navy Yard, this residence places you within close proximity to nearby attractions such as the Ball Park, Metro, Harris Teeter, and exceptional restaurants. Revel in the convenience of having these amenities at your doorstep. This spacious 2-bedroom, 2-bathroom contemporary condo boasts meticulous maintenance and a prime corner location that bathes it in natural sunlight, offering captivating city views. Included with the property is assigned garage parking, ensuring your convenience. The unit has brand new washer/dryer that were installed in 2021 and new Karastan carpet in the bedrooms installed this year. The building is equipped with 24-hour security, a fitness room, a community room with kitchen, Amazon locker, and a children’s playroom, among other amenities providing a secure and enjoyable living environment. The common areas of the building were all completely renovated recently in 2019. Indulge in the luxury of gatherings and firework displays from the rooftop deck, and unwind with a refreshing swim in the on-site pool. This pet-friendly high-rise is not only designed for comfort and style but is also FHA and VA approved, adding an extra layer of flexibility to your home ownership journey. Elevate your lifestyle at Velocity Condominium!

    Zillow last checked:

    Listing updated:

    Listed by:

    tiernan dickens 202-486-2473,

    Redfin Corp

    Bought with:

    Erica Breaux, 675357

    Compass

    Jenn Smira, SP600505

    Compass

    Source: Bright MLS,MLS#: DCDC2157280MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Basement
    • Area: 0
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Cooktop, Washer, Dryer, Electric Water Heater
    • Laundry: In Unit
    Features
    • Kitchen Island, Combination Kitchen/Living, Breakfast Area, Upgraded Countertops, Elevator, Primary Bath(s), Open Floorplan
    • Flooring: Wood
    • Windows: Window Treatments
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,188
    • Total interior livable area: 1,188 sqft
    • Finished area above ground: 1,188
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Covered, Assigned, Garage
    • Garage spaces: 1
    • Details: Assigned Parking
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Levels: One
    • Stories: 1
    • Has private pool: Yes
    • Pool features: Community, Private
    Lot
    • Features: Unknown Soil Type
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 0699/N/2046
    • Zoning: SEE ZONING MAP
    • Special conditions: Standard
    • Other equipment: Intercom

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete
    Condition
    • New construction: No
    • Year built: 2009
    Details
    • Builder name: ZALCO

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: 24 Hour Security, Main Entrance Lock, Resident Manager
    Location
    • Region: Washington
    • Subdivision: Old City #1

    HOA & financial

    Other fees
    • Condo and coop fee: $779 monthly

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Ownership: Condominium

    Price history

    DateEventPrice
    10/31/2024Sold$705,000-4.1%$593/sqft
    Source: Bright MLS #DCDC2157280 Report a problem
    10/9/2024Pending sale$735,000$619/sqft
    Source: Bright MLS #DCDC2157280 Report a problem
    10/1/2024Contingent$735,000$619/sqft
    Source: Bright MLS #DCDC2157280 Report a problem
    9/3/2024Listed for sale$735,000-1.3%$619/sqft
    Source: Bright MLS #DCDC2157280 Report a problem
    8/14/2024Listing removed$745,000$627/sqft
    Source: Bright MLS #DCDC2145674 Report a problem
    8/5/2024Price change$745,000-0.7%$627/sqft
    Source: Bright MLS #DCDC2145674 Report a problem
    6/14/2024Listed for sale$750,000-3.2%$631/sqft
    Source: Bright MLS #DCDC2145674 Report a problem
    6/12/2024Listing removed--
    Source: Bright MLS #DCDC2125140 Report a problem
    5/11/2024Price change$775,000-3.1%$652/sqft
    Source: Bright MLS #DCDC2125140 Report a problem
    4/10/2024Listed for sale$799,900+19.4%$673/sqft
    Source: Bright MLS #DCDC2125140 Report a problem
    11/30/2022Price change$3,089-11.6%$3/sqft
    Source: Zillow Rental Network Premium Report a problem
    10/28/2022Listed for rent$3,493+6%$3/sqft
    Source: Zillow Rental Network Premium Report a problem
    9/28/2021Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    9/10/2021Listed for rent$3,295$3/sqft
    Source: Zillow Rental Network Premium Report a problem
    2/24/2017Sold$669,900$564/sqft
    Source: Public Record Report a problem
    1/19/2017Pending sale$669,900$564/sqft
    Source: Long & Foster Real Estate, Inc. #DC9839710 Report a problem
    1/13/2017Listed for sale$669,900$564/sqft
    Source: Long & Foster Real Estate, Inc. #DC9839710 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,110 +0.7%$706,650 +1.1%
    2024$5,074 +1.2%$699,110 +1.6%
    2023$5,012 -0.6%$688,300 +0.4%
    2022$5,040 +1.4%$685,420 +1.7%
    2021$4,968 +0.3%$674,160 +2.4%
    2020$4,952 +4.8%$658,230 +4.6%
    2018$4,724 +1.4%$629,080 +1.4%
    2017$4,657 +7.5%$620,290 +6.5%
    2016$4,330 +9.9%$582,210 +8.9%
    2015$3,939 +6.2%$534,810 +5.6%
    2014$3,708 +5.8%$506,420 +5.2%
    2013$3,503 +1.6%$481,220 +1.7%
    2012$3,447 $473,010
    2011$3,447 +60.6%$473,010 -6.3%
    2010$2,146 $504,900

    Find assessor info on the county website

    Neighborhood: Navy Yard

    Nearby schools

    GreatSchools rating
    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
    $668,600
    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
    $668,600