1025 First Street Southeast, Unit 316

Washington, DC 20003

$700,000
Price
2
Beds
2
Baths
1,099 Sq. Ft.
$637 / Sq. Ft.
1,099
Sq. Ft.
$637
per Sq. Ft.

Description

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
...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.

Listing Agent

  1. Michael Moore

    Michael Moore

    Listing Agent

    Compass

Property Details for 1025 First Street Southeast, Unit 316

Tax ID Number
0699/N/2025
Ownership
Condominium
Condo Coop Association
Yes
HOA
No
Entry Floor Number
3
Structure Type
Unit/Flat/Apartment
Style
Contemporary
Levels/Stories
1

Location

Add your commute
LISTING UPDATED: 03/13/2024 06:22 AM

Property Details for 1025 First Street Southeast, Unit 316

StatusActive Under Contract
MLS #DCDC2127938
Days on Market7
Taxes$5,427 / year
HOA Fees-
Condo/Co-op Fees$720 / month
Compass TypeCondo
MLS TypeResidential / Condo
Year Built2009
CountyDistrict of Columbia

Building

Velocity

200 Units14 StoriesBuilt in 2009

Location

Add your commute

Building Information for 1025 First Street Southeast, Unit 316

Building/ComplexVelocityFloor-Stories14Residences200Pet PolicyAllowedYear Built2009

Payment Calculator

$4,992 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,820

Property Taxes

$452

HOA Dues

$720

The Payment Calculator is for illustrative purposes only.

Property Information for 1025 First Street Southeast, Unit 316

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: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Reserve Funds, Sewer, Trash
  • HOA Condo Coop Amenities: Concierge, Elevator, Exercise Room, Fitness Center, Meeting Room, Pool - Outdoor
  • Senior Community: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $655,600
  • Year Assessed: 2022
  • County Tax: $0
  • Improvement Assessed Value: $458,920
  • City Town Tax: $5,427
  • Land Assessed Value: $196,680
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: D-5
  • Tax Lot: 2025
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: No Pet Restrictions
Rooms
Main
  • # Bedrooms Count Main Level: 2
  • # Bathrooms Count Main Level: 2
  • # Bathrooms Full Main Level: 2
Rooms
  • Stories: Main
Building Info
Building Info
  • Building Level Count: 14
  • Building Units Total: 200
Lot / Land Information
Lot / Land Information
  • Soil Types: Urban Land-Sassafras-Chillum
  • Parcel ID: 16165189
Parking
Parking
  • Type Of Parking: Parking Garage
  • Parking Garage - # of Spaces: 2
  • Total Garage Spaces: 2
  • Number of Assigned Spaces: 2
  • Assigned Parking Space Number(s): P3-213, P3-214
  • Parking Features: Assigned, Limited Common Elements, Parking Space Conveys
  • Garage Features: Garage - Front Entry
Interior Features
Interior Features
  • Interior Features: Combination Dining/Living, Kitchen - Island, Walk-in Closet(s), Window Treatments, Wood Floors
  • Fireplace: No
  • Appliances: Oven/Range - Electric, Refrigerator, Built-In Microwave, Dishwasher, Disposal, Washer/Dryer Stacked, Washer - Front Loading, Dryer - Front Loading, Water Heater
  • Accessibility Features: None
  • Security Features: Desk in Lobby
  • Laundry Type: Washer In Unit, Dryer In Unit
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Extensive Hardscape, BBQ Grill
  • Pool: Yes - Community
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS

Property History for 1025 First Street Southeast, Unit 316

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1025 First Street Southeast, Unit 316

Taxable ValueLand$196,680Additions$458,920Total$655,600
Tax Record2023$5,487 ($457 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,099 SqFtAbove Grade Finished SqFt1,099 SqFtLot Size149 SqFtStyleCondominiumYear Built2009CountyDISTRICT OF COLUMBIAAPN0699 N 2025

Schools near 1025 First Street Southeast, Unit 316

This home is within District Of Columbia Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Van Ness Elementary School
PublicPK to 5

Jefferson Middle School Academy
Public6 to 8

Eastern High School
Public9 to 12

Excel Academy
PublicPK to 8

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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

© 2024 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 03/13/2024 06:22 AM