7 months on rocket

525 Water St SW Unit 107, Washington, DC, 20024

$719,000

Home List Price

$8,538*

Closing Credit

2 Bedrooms
2 Full Baths
737 SqFt
$976/SqFt
Condo

Location

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525 Water St SW Unit 107, Washington$719,000

Buyer Closing Credits

$8,538*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGarage - Side Entry, Garage Door Opener, Attached Garage
Garage1 space
Year Built2016
HeatingCentral
CoolingCentral Air
MLS #DCDC2136172
StatusActive
(ACTIVE)

About 525 Water St SW Unit 107

Beautiful Southwest Waterfront condo featuring patio, spacious kitchen, plenty of natural light, and great views! Garage parking space and water and gas included. Two-bedroom, two-bathroom condo in sought-after Southwest Waterfront, with a fantastic interior designed by Hudson and Crane. Open, modern living space with lots of natural light. Seamless transition to a fantastic kitchen with lots of cabinet space and a great breakfast bar. Fantastic master bedroom with a large window that looks out over the patio. Fabulous location perfectly situated to take advantage of the existing phase of the new District Wharf, and the upcoming second phase. Walk to Waterfront Metro station only a block away. Easily walkable to Navy Yard, Audi Field, and Nationals Park. So much to take advantage of in DC??s hottest neighborhood! Fantastic new restaurants, excellent entertainment options (Arena Stage, The Anthem), and all the conveniences you need. Excellent commuting via Metro, bus, or car. Easy access to 395. Enjoy the outdoors along the Potomac River in the Southwest Waterfront Park, or take the Water Taxi to Alexandria! 12-month lease preferred. Pets are case-by-case basis with landlord approval. Water and gas included. Washer and dryer in-unit.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2016
  • Stories: 1
  • Living Area: 737 SqFt

Listing Office:

  • Office Name: Nomadic Real Estate Broker Services
  • Office Phone: (202) 821-8644
  • Listing Agent: Joseph Rieling

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Garage - Side Entry, Garage Door Opener, Attached Garage

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 525 Water ST SW

Price Information

Listing Price Info

Price Summary:

  • List Price: $719,000
  • Price Per SqFt: $976/SqFt

Tax Information:

  • Annual Amount: $5,626
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$672.3K

Med. Price/SqFt

$511

Avg. Days On Market

43

# of Sold Homes

485

525 Water St SW Unit 107 vs Washington

226 DAYS ON ROCKET

+183 Days

$719,000

+$46.6K More

$976/SqFt

+$465 More

KEY TAKEAWAY

This property is $46.6K more than the Median Sold Price and $465/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: #DCDC2136172

Listing Office:

  • Office Name: Nomadic Real Estate Broker Services
  • Office Phone: (202) 821-8644
  • Listing Agent: Joseph Rieling

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: 11/21/2024, 5:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,626$661,920
2019$5,547$652,680
2018$6,041$710,650
2017$6,041$710,650

History based on county public records data.

Payment Calculator

$3,656

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,222

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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-370429
4
/10
  • Amidon-Bowen Elementary School

  • 401 I St SW

  • 0.29 miles

  • Public District Grades EE-5

school-card-donut-370430
6
/10
  • Van Ness Elementary School

  • 1150 5th St SE

  • 1.16 miles

  • Public District Grades EE-5

school-card-donut-370431
9
/10
  • Brent Elementary School

  • 301 N Carolina Ave SE

  • 1.18 miles

  • Public District Grades EE-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,348. Typical income of Washington, DC residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 525 Water St SW Unit 107

What is the listing price of this property?

The listing price of 525 Water St SW Unit 107 property is $719,000.

What type of property is this?

The property 525 Water St SW Unit 107 is a condo located in Washington, District of Columbia, 20024.

Is this property for sale now?

Active Listing: 525 Water St SW Unit 107 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,626 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 525 Water St SW Unit 107 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 525 Water St SW Unit 107 is 737 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 525 Water St SW Unit 107 is 2016.

Rocket Homes›District of Columbia›Washington›20024›525 Water St SW Unit 107

This home is located at 525 Water St SW Unit 107 in Washington, DC and zip code 20024 in the Southwest Waterfront / Fort McNair / Buzzard Point neighborhood. This 737 square foot home was built in 2016. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $719,000.

Over 142 listings were sold over their listed price in October 2024 in Washington, DC. In the same period over 225 listings were sold below the listed price and 118 listings were sold for the listed price. The number of listings in Washington, DC increased by 21.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 43 days, the median list price was $672,329.

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

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