1 month on rocket

Backup Offers

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

$735,000

Home List Price

$8,728*

Closing Credit

2 Bedrooms
2 Full Baths
1,188 SqFt
$619/SqFt
Condo

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1025 1st St SE Unit 505, Washington$735,000

Buyer Closing Credits

$8,728*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingCovered Parking, Assigned, Parking Garage
Garage1 space
Year Built2009
HeatingHeat Pump
CoolingCentral Air
MLS #DCDC2157280
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 1025 1st St SE Unit 505

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2009
  • Stories: 1
  • Living Area: 1,188 SqFt

Listing Office:

  • Office Name: Redfin Corp
  • Office Phone: (202) 759-7581
  • Listing Agent: tiernan J dickens

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Stove, Cooktop, Washer, Dryer
  • Basement: No
  • Interior: Kitchen - Island, Combination Kitchen/Living, Breakfast Area, Upgraded Countertops, Window Treatments, Elevator, Primary Bath(s), Wood Floors, Floor Plan - Open

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Covered Parking, Assigned, Parking Garage

Virtual/3D Tour

  • 3D Tour: 1025 1st St SE Unit 505
3D Tour

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Eastern High School, Public District Grades 9-12

Other

Directions Information:

  • 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

Price Information

Listing Price Info

Price Summary:

  • List Price: $735,000
  • Price Per SqFt: $619/SqFt
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Washington, DC.

Map thumbnail provided by MapBox

Washington, DC

City

Med. Sold Price

$672.9K

Med. Price/SqFt

$510

Avg. Days On Market

42

# of Sold Homes

308

1025 1st St SE Unit 505 vs Washington

31 DAYS ON ROCKET

-11 Days

$735,000

+$62K More

$619/SqFt

+$108 More

KEY TAKEAWAY

This property is $62K more than the Median Sold Price and $108/SqFt more than other homes in Washington, DC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DCDC2157280

Listing Office:

  • Office Name: Redfin Corp
  • Office Phone: (202) 759-7581
  • Listing Agent: tiernan J dickens

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/5/2024, 2:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,736

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,270

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-290651
2
/10

  • Eastern High School

  • 1700 E Capitol St NE

  • 1.67 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $104,464. The majority of Washington, DC residents have income between $100k-200k annually. The majority of families are single, no kids. Residents of this area typically have masters degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1025 1st St SE Unit 505

What is the listing price of this property?

The listing price of 1025 1st St SE Unit 505 property is $735,000.

What type of property is this?

The property 1025 1st St SE Unit 505 is a condo located in Washington, District of Columbia, 20003.

Is this property for sale now?

Accepting Backup Offers: 1025 1st St SE Unit 505 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1025 1st St SE Unit 505 are:
Eastern High School: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 1025 1st St SE Unit 505 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1025 1st St SE Unit 505 is 1,188 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1025 1st St SE Unit 505 is 2009.

Rocket Homes›District of Columbia›Washington›20003›1025 1st St SE Unit 505

This home is located at 1025 1st St SE Unit 505 in Washington, DC and zip code 20003 in the Near Southeast / Navy Yard neighborhood. This 1,188 square foot home was built in 2009. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 03, 2024 and is currently priced at $735,000.

In September 2024, from all listings sold in Washington, DC there were more than 77 sold above asking price, over 146 sold below and more than 85 were sold right at the asked price. The inventory of homes for sale in Washington, DC between August 2024 and September 2024 increased by 27.4%. In September 2024 median list price was $672,969 and the average listing age was 42 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources