Price Reduction - Views
Address
1025 1St Street SE # 505, Washington, DC
Price
$ 775,000
Property Attributes
- MLS#DCDC2125140
- TypeCondos
- CountyWASHINGTON
- CityWashington
- NeighborhoodNavy Yard
- Zip20003
- StyleContemporary
- Year Built2009
- Taxes$ 5012
- Price$ 775,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1188
Data Source:
Bright MLS
Property Description
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 childrens 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!
| Price History | |
|---|---|
| 4/10/2024 | Listed $799,900 |
| 5/11/2024 | 4% - $775,000 |
General Features
| Interior Features | Kitchen - Island,Combination Kitchen/Living,Breakfast Area,Upgraded Countertops,Window Treatments,Elevator,Primary Bath(s),Wood Floors,Floor Plan - Open |
|---|---|
| Sewer | Public Sewer |
| Heating | Heat Pump(s) |
| Cooling | Central A/C |
| Possession | Settlement |
| Appliances | Dishwasher,Disposal,Icemaker,Microwave,Refrigerator,Stove,Cooktop,Washer,Dryer |
| Zoning | SEE PUBLIC ZONING RECORD |
| Garage Spaces | 1.00 |
| Association Fee Includes | Custodial Services Maintenance,Ext Bldg Maint,Management,Insurance,Reserve Funds,Snow Removal,Trash,Security Gate |
| Architectural Style | Contemporary |
| Security Features | 24 hour security,Main Entrance Lock,Intercom,Resident Manager |
| Construction Materials | Concrete |
| Year Built | 2009 |
| Levels | 1 |
| Unit Number | 505 |
| Tax Year | 2023 |
| Percent Ownership | Condominium |
| Cool Fuel | Electric |
| Building Name | VELOCITY CONDOMINIUMS |
| Accessibility | Elevator |
| HOA Fee 2 | 779.29 |
| County | WASHINGTON |
| New Construction | No |
| Property Type | Residential |
| Association Amenities | Exercise Room,Elevator,Fitness Center,Meeting Room,Concierge,Pool - Outdoor,Security |
| HOA / Comm Assn | No |
| Subdivision Name | NAVY YARD |
| Garage Y/N | Yes |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | Take Florida Ave NW. Take Massachusetts Ave NW and I-395 S to K St SW. Take I St SW to First St SE |
| ModificationTimestamp | 2024-05-22T04:18:48 |
| City | WASHINGTON |
| Buyer Agent Compensation | 2.5 |
| Senior Community Y/N | No |
| Tax Assessed Value | 688300.0 |
| Waterfront Y/N | No |
| Street Name | 1ST |
| HOA Fee 2 Frequency | Monthly |
| Tax Annual Amount | 5012.0 |
| Structure Type | Unit/Flat/Apartment |
| Condo/Coop Association Y/N | Yes |
| Bathrooms Full Main Level | 2 |
| Bathrooms Count Main Level | 2.00 |
| Price Per Sq Ft Total | 652.36 |
| Vacation Rental Y/N | No |
| Virtual Tour | https://my.matterport.com/show/?m=3qiEwogrBkv |
| Total SQFT | 1188 |
| Days on Market | 43 |
| Builder Name | ZALCO |
| Standard Status | Active |
| Year Built Source | Assessor |
| Legal Subdivision | Old City 1 |
| Tax Lot | 2046 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Hot Water | Electric |
| Basement (Y/N) | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 1188 |
| Full Baths | 2 |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| Total Bedrooms | 2 |
| Entry Level | 1 |
| Main Level Bedrooms | 2 |
| Below Grade Finished Area Unit Type | Square Feet |
| LivingAreaSource | Assessor |
| Below Grade Unfin Area Units | Square Feet |
| Below Grade Unfin SQFT Source | Assessor |
| Below Grade Finished Area Source | Assessor |
| Above Grade Finished Area Source | Assessor |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 2 |
Exterior Features
| Pool | Yes - Community,Yes - Personal,Yes - Community |
|---|---|
| Parking Features | Assigned |
| Water Source | Public |
| Total Parking Spaces | 1 |
| Garage Features | Covered Parking |
| Type of Parking | Parking Garage |
| Water View Y/N | No |
| # of Assigned Spaces | 1 |
| Soil Types | Unknown |
| Land Assessed Value | 206490.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Parking Garage - # of Spaces | 1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Condos Average in 20003
Price
Taxes
Visits
Year Built
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