3 months on rocket

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

$595,000

Home List Price

$7,066*

Closing Credit

2 Bedrooms
1 Full Bath
895 SqFt
$665/SqFt
Condo

Location

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1025 1st St SE Unit 501, Washington$595,000

Buyer Closing Credits

$7,066*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAdditional Storage Area, Basement Garage, Covered Parking, Garage Door Opener, Inside Access, Underground, Assigned, Lighted Parking, On-site - Rent, Parking Space Conveys, Private, Secure Parking, Surface, Parking Garage
Garage1 space
Year Built2009
HeatingCentral
CoolingCentral Air
MLS #DCDC2152494
StatusActive
(ACTIVE)

About 1025 1st St SE Unit 501

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Contemporary
  • Year Built: 2009
  • Stories: 1
  • Living Area: 895 SqFt

Listing Office:

  • Office Name: RLAH @properties
  • Office Phone: (202) 518-8781
  • Listing Agent: Christine Nieva

Interior Features

Interior Information:

  • Basement: No
  • Interior: Breakfast Area, Built-Ins, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Pantry, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Exterior Lighting, Roof Deck, Sidewalks, Street Lights

Parking Information:

  • Garage Space: 1 space
  • Parking: Additional Storage Area, Basement Garage, Covered Parking, Garage Door Opener, Inside Access, Underground, Assigned, Lighted Parking, On-site - Rent, Parking Space Conveys, Private, Secure Parking, Surface, Parking Garage

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take exit 2 from I-695 W. Follow M St SE to First St SE. Use any lane to turn left onto M St SE. Turn right onto First St SE.

Price Information

Listing Price Info

Price Summary:

  • List Price: $595,000
  • Price Per SqFt: $665/SqFt
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Housing Market Comparison

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

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Washington, DC

City

Med. Sold Price

$672.3K

Med. Price/SqFt

$511

Avg. Days On Market

43

# of Sold Homes

485

1025 1st St SE Unit 501 vs Washington

108 DAYS ON ROCKET

+65 Days

$595,000

-$77.3K Less

$665/SqFt

+$154 More

KEY TAKEAWAY

This property is $77.3K less than the Median Sold Price and $154/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: #DCDC2152494

Listing Office:

  • Office Name: RLAH @properties
  • Office Phone: (202) 518-8781
  • Listing Agent: Christine Nieva

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: 11/17/2024, 3:20:52 PM 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

$3,037

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,850

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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.

Nearby Schools

school-card-donut-460203
6
/10

  • Van Ness Elementary School

  • 1150 5th St SE

  • 0.38 miles

  • Public District Grades EE-5

school-card-donut-460204
9
/10

  • Brent Elementary School

  • 301 N Carolina Ave SE

  • 0.54 miles

  • Public District Grades EE-5

school-card-donut-460205
4
/10

  • Amidon-Bowen Elementary School

  • 401 I St SW

  • 0.67 miles

  • Public District Grades EE-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $104,464. Residents of Washington, DC typically earn between $100k-200k each year. The most common type of family is single, no kids. The majority of residents in this area have masters degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1025 1st St SE Unit 501

What is the listing price of this property?

The listing price of 1025 1st St SE Unit 501 property is $595,000.

What type of property is this?

The property 1025 1st St SE Unit 501 is a condo located in Washington, District of Columbia, 20003.

Is this property for sale now?

Active Listing: 1025 1st St SE Unit 501 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1025 1st St SE Unit 501 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1025 1st St SE Unit 501 is 895 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1025 1st St SE Unit 501 is 2009.

Rocket Homes›District of Columbia›Washington›20003›1025 1st St SE Unit 501

This home is located at 1025 1st St SE Unit 501 in Washington, DC and zip code 20003 in the Near Southeast / Navy Yard neighborhood. This 895 square foot home was built in 2009. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 01, 2024 and is currently priced at $595,000.

In October 2024 more than 142 listings in Washington, DC were sold above the asking price. During the same period more than 118 listings were sold at asking price, while more than 225 were sold below. The inventory of homes for sale in Washington, DC between September 2024 and October 2024 increased by 21.3%. In October 2024 median list price was $672,329 and the average listing age was 43 days.

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

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