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$595,000

Beds
2
Baths
1.0
sq ft
895

1025 1st St SE Unit 501, Washington, DC 20003

1025 1st St SE Unit 501

WASHINGTON, DC 20003

  • 108 days on market
Incredible price for this charming 2-bedroom condo at Velocity at Navy Yard! With just under 900 square feet of living space, this condo boasts elegant hardwood floors, generous closets, and natural light. The modern kitchen is a standout feature, offering a spacious center island with room for two barstools, ample countertop space, and an open design that seamlessly connects to the inviting living area. The full bathroom offers a large vanity space, stackable washer and dryer neatly tucked away in a closet, and soaking tub / shower. One of the unique benefits of this unit is its peaceful atmosphere. Positioned to face the quiet courtyard, you'll enjoy a serene environment with minimal noise from neighboring and upstairs units, thanks to the high-quality construction of the building. Included with this condo is a private underground parking space on level P3 (corner space #178), with the added benefit of the option to install a storage area within your parking space! The building’s amenities enhance your living experience with a rooftop pool, gas grill, herb garden, and a beautiful clubhouse perfect for personal events. The state-of-the-art fitness center is conveniently located on the first floor, alongside a 24/7 front desk concierge, Amazon Hub, and Dryy dry cleaning service locker dropbox. The first floor also houses the trash room and freight elevator, ensuring easy access and convenience. Velocity is ideally located in the Navy Yard corridor, just one block from the Navy Yard-Ballpark Metro station . Nationals Park Stadium is a mere 5-minute walk away, while the waterfront is just three blocks from your door. With quick access to I-695 and I-395, you’re perfectly positioned to enjoy a plethora of nearby retail options, restaurants, hotels, and more that DC has to offer. Don’t miss this opportunity to live in one of DC’s most dynamic neighborhoods!

Details

Property type

Condominium

Est. home value

$567,703

Lot size

Unknown

Price per sq ft

$665

Year built

2009

Annual property taxes

$4,432

HOA

No

Price History

08/07/2024
Bright

Bright #DCDC2152494

Listed
$595,000
+10.19%
06/28/2021
Bright

Bright #DCDC521570

Sold
$540,000

Schools & Community

Neighborhood: 

Navy Yard

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Sidewalks, Street Lights

School district: 

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Guaranteed Rate Affinity Llc

Loan start date

June 2021

Original loan amount

$486,000

Est. remaining balance

Not provided

Interest rate

2.96%

Loan type

New Conventional

Seller

Loki Rasmussen

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/17/2024 at 3:00 AM

Listing updated: 11/11/2024 at 10:14 PM

Listed by: Christine Nieva, RLAH @properties Phone #: (202) 518-8781

MLS: Bright #DCDC2152494

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