1025 First Street Southeast, Unit 505

Closed 10/31/24

Sold

Last Sold Price

$705,000

2 beds2 baths1,188 sqft

1025 First St SE, Unit 505, Washington, DC 20003

CondoProperty Type

2009Year Built

$593/sq ftPrice per sq ft

1 carParking Spaces

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...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!

Listed by: tiernan J dickens 202.486.2473 tiernan.dickens@redfin.com • Redfin Corp

Listing closed: 10/31/2024 12:00 AM • Source: BRIGHT, MLS#: DCDC2157280

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$4,960 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,764

Property Taxes

$418

HOA Dues

$779

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Property Information for 1025 First Street Southeast, Unit 505

Property Details

Pet Policy: Allowed
Taxes: $5,012 / year
Condo/Co-op Fees: $779 / month
MLS Type: Residential / Condo
County: District of Columbia
Tax ID Number: 0699/N/2046
Ownership: Condominium
Condo Coop Association: Yes
HOA: No
Entry Floor Number: 1
Structure Type: Unit/Flat/Apartment
Style: Contemporary
Levels/Stories: 1
Unit Building Type: Hi-Rise 9+ Floors
Waterfront: No
Garage: Yes
Subdivision: OLD CITY #1
Subdivision: OLD CITY #1 (WASHINGTON DC)
Building Name: VELOCITY CONDOMINIUMS (WASHINGTON DC)
Legal Subdivision: Old City 1
Total Parking Spaces: 1
Washer/Dryer/Hook Up in Unit Y/N: Yes
Central Air: Yes
Basement: No
Above Grade Finished SQFT: 1,188.00
Above Grade Fin SQFT Source: Assessor
Below Grade Finished SQFT: .00
Below Grade Fin SQFT Source: Assessor
Below Grade Unfinished SQFT: .00
Below Grade Unfin SQFT Source: Assessor
Total Below Grade SQFT: .00
Total Below Grade SQFT Source: Assessor
New Construction: No

Building Information

Building/Complex: The Velocity
Stories: 14
Residences: 200
Pet Policy: Allowed
Pet Policy Details: Case by Case Basis
Year Built: 2009

Location

Location

In City Limits: Yes
School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

School District County ID: 121140357950
SchoolDistrictSource: Listing Agent
County: WASHINGTON

Waterfront / Water Access

Waterfront / Water Access

Water View: No
Water Access: No

Water Oriented: No
Navigable Water: No
Tidal Water: No
Riparian Rights Y/N: No

Association / Community Info

Association / Community Info

HOA Condo Coop Fee Includes: Custodial Services Maintenance, Ext Bldg Maint, Management, Insurance, Reserve Funds, Snow Removal, Trash, Security Gate
HOA Condo Coop Amenities: Exercise Room, Elevator, Fitness Center, Meeting Room, Concierge, Pool - Outdoor, Security

Senior Community: No
Type of Condo: Condo/Coop Association

Taxes and Assessment

Taxes and Assessment

Tax Year: 2023
Tax Assessed Value: $688,300

City Town Tax: $5,012
Zoning: SEE ZONING MAP
Automatically Update Tax Values Y/N: Yes

Lease Information

Lease Information

Pets Allowed: Yes
Pet Restrictions: Size/Weight Restriction

Rooms

Main

# Bedrooms Count Main Level: 2
# Bathrooms Count Main Level: 2

# Bathrooms Full Main Level: 2
# Bathrooms Half Main Level: 0

Rooms

Stories: Main

Building Info

Building Info

Builder Name: ZALCO
Building Units Total: 0

Total Finished SQFT: 1,188.00
Total Finished SQFT Source: Assessor
Total SQFT: 1,188.00
Total SQFT Source: Assessor
Construction Materials: Concrete
Ext Main Mid-res: http://bright-media02.prd.brightmls.com/bright/images/0000/8031/4797/7118/803147977118_512_384_WM_6cpyvEJ5K4LZt12l.jpg
Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bathrooms Full-Main Level-1, Bathrooms Full-Main Level-2
# Bathrooms Full: 2
# Bathrooms Half: 0
Other Structure: Above Grade, Below Grade

Lot / Land Information

Lot / Land Information

Soil Types: Unknown
Parcel ID: 16165177

Parking

Parking

Type Of Parking: Parking Garage
Parking Garage - # of Spaces: 1

Total Garage Spaces: 1
Number of Assigned Spaces: 1
Parking Features: Assigned
Garage Features: Covered Parking

Interior Features

Interior Features

Interior Features: Kitchen - Island, Combination Kitchen/Living, Breakfast Area, Upgraded Countertops, Window Treatments, Elevator, Primary Bath(s), Wood Floors, Floor Plan - Open
Fireplace: No

Appliances: Dishwasher, Disposal, Icemaker, Microwave, Refrigerator, Stove, Cooktop, Washer, Dryer
Accessibility Features: Elevator
Security Features: 24 hour security, Main Entrance Lock, Intercom, Resident Manager

Exterior Features

Exterior Features

Pool: Yes - Community, Yes - Personal

Utilities

Utilities

Heating: Yes
Cooling Type: Central A/C

Cooling Fuel: Electric
Heating Type: Heat Pump(s)
Heating Fuel: Electric
Hot Water: Electric
Water Source: Public
Sewer Septic: Public Sewer

Property History for 1025 First Street Southeast, Unit 505

Date	Event & Source	Price	Appreciation
Oct 31, 2024	Closed (Public Record) Public Record #1544577560	$705,000	+0.7% / yr
Oct 31, 2024	Closed BRIGHT #DCDC2157280	$705,000	—
Sep 30, 2024	Pending BRIGHT #DCDC2157280		—
Sep 30, 2024	Active Under Contract BRIGHT #DCDC2157280		—
Sep 11, 2024	Expired BRIGHT #DCDC2145674		—
Sep 3, 2024	Withdrawn BRIGHT #DCDC2145674		—
Sep 3, 2024	Listed (Active) BRIGHT #DCDC2157280	$735,000	—
Aug 5, 2024	Price Change BRIGHT #DCDC2145674	$745,000	—
Jun 14, 2024	Listed (Active) BRIGHT #DCDC2145674	$750,000	—
Jun 12, 2024	Withdrawn BRIGHT #DCDC2125140		—
May 11, 2024	Price Change BRIGHT #DCDC2125140	$775,000	—
Apr 10, 2024	Listed (Active) BRIGHT #DCDC2125140	$799,900	—
Feb 21, 2017	Closed (Public Record) Public Record #589353951	$669,900	+6.2% / yr
Feb 21, 2017	Closed BRIGHT #1001382147	$669,900	—
Jan 18, 2017	Pending BRIGHT #1001382147		—
Jan 12, 2017	Listed (Active) BRIGHT #1001382147	$669,900	—
Mar 30, 2011	Withdrawn BRIGHT #1009297544		—
Jan 28, 2011	Closed (Public Record) Public Record #305534557	$464,500	—
Jan 10, 2011	Listed (Active) BRIGHT #1009297544	$478,900	—

Date	Event & Source	Price
10/31/2024	Closed (Public Record) Public Record #1544577560	$705,000 +0.7% / yr
10/31/2024	Closed BRIGHT #DCDC2157280	$705,000
09/30/2024	Pending BRIGHT #DCDC2157280	—
09/30/2024	Active Under Contract BRIGHT #DCDC2157280	—
09/11/2024	Expired BRIGHT #DCDC2145674	—
09/03/2024	Withdrawn BRIGHT #DCDC2145674	—
09/03/2024	Listed (Active) BRIGHT #DCDC2157280	$735,000
08/05/2024	Price Change BRIGHT #DCDC2145674	$745,000
06/14/2024	Listed (Active) BRIGHT #DCDC2145674	$750,000
06/12/2024	Withdrawn BRIGHT #DCDC2125140	—
05/11/2024	Price Change BRIGHT #DCDC2125140	$775,000
04/10/2024	Listed (Active) BRIGHT #DCDC2125140	$799,900
02/21/2017	Closed (Public Record) Public Record #589353951	$669,900 +6.2% / yr
02/21/2017	Closed BRIGHT #1001382147	$669,900
01/18/2017	Pending BRIGHT #1001382147	—
01/12/2017	Listed (Active) BRIGHT #1001382147	$669,900
03/30/2011	Withdrawn BRIGHT #1009297544	—
01/28/2011	Closed (Public Record) Public Record #305534557	$464,500
01/10/2011	Listed (Active) BRIGHT #1009297544	$478,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

1025 First Street Southeast, Unit 505

Beds

Baths

Total Finished SqFt

1,188 SqFt

Above Grade Finished SqFt

1,188 SqFt

Lot Size

161 SqFt

Style

Condominium

Schools near 1025 First Street Southeast, Unit 505

This home is within District Of Columbia Public Schools.


Rating	School	Type	Grades	Distance
4/10	Van Ness Elementary School	Public - Serves this home	PK to 5	0.4 mi
5/10	Jefferson Middle School Academy	Public - Serves this home	6 to 8	0.9 mi
3/10	Eastern High School	Public - Serves this home	9 to 12	1.7 mi
5/10	Excel Academy	Public - Choice school	PK to 8	1.4 mi
7/10	Capitol Hill Montessori @ Logan	Public - Nearby school	PK to 8	1.4 mi
10/10	School-Within-School @ Goding	Public - Nearby school	PK to 5	1.5 mi
NR	Waterfront Academy	Private - Nearby school	PK to 6	0.3 mi
NR	Capitol Hill Day School	Private - Nearby school	PK to 8	0.4 mi
NR	St. Peter School	Private - Nearby school	PK to 8	0.5 mi


Rating	School	Distance
4/10	Van Ness Elementary School PublicPK to 5 Serves this home	0.4 mi
5/10	Jefferson Middle School Academy Public6 to 8 Serves this home	0.9 mi
3/10	Eastern High School Public9 to 12 Serves this home	1.7 mi
5/10	Excel Academy PublicPK to 8 Choice school	1.4 mi
7/10	Capitol Hill Montessori @ Logan PublicPK to 8 Nearby school	1.4 mi
10/10	School-Within-School @ Goding PublicPK to 5 Nearby school	1.5 mi
NR	Waterfront Academy PrivatePK to 6 Nearby school	0.3 mi
NR	Capitol Hill Day School PrivatePK to 8 Nearby school	0.4 mi
NR	St. Peter School PrivatePK to 8 Nearby school	0.5 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Redfin Corp

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 10/31/2024 12:36 PM

1025 First St SE, Unit 505, Washington, DC 20003

Property Details

Building Information

Location

Waterfront / Water Access

Association / Community Info

Taxes and Assessment

Lease Information

Rooms

Building Info

Lot / Land Information

Parking

Interior Features

Exterior Features

Utilities

Beds

Baths

Total Finished SqFt

Above Grade Finished SqFt

Lot Size

Style

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