2 months on rocket

525 Water St SW Unit 112, Washington, DC, 20024

$699,000

Home List Price

$8,301*

Closing Credit

2 Bedrooms
2 Full Baths
935 SqFt
$748/SqFt
Condo

Location

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525 Water St SW Unit 112, Washington$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUnderground, Inside Access, Assigned, Attached Garage
Garage1 space
Year Built2016
HeatingCentral
CoolingCentral Air
MLS #DCDC2164678
StatusActive
(ACTIVE)

About 525 Water St SW Unit 112

New Price! Welcome to your new home at The Wharf in Southwest Waterfront! This modern and spacious 2-bedroom, 2-bathroom condo offers 935 square feet of stylish living space. Step inside to discover an open floor plan seamlessly connecting the kitchen, dining, and living areas. The kitchen is equipped with stainless steel appliances, and the unit features elegant hardwood floors and oversized windows that flood the space with natural light. The primary suite is a bright and spacious retreat, boasting a spa-like ensuite bath and a generous walk-in closet. An additional guest bedroom, which could also be used as an office, and a second full bathroom provide versatile living options. Enjoy the outdoors on your private terrace, and take advantage of the convenience of an in-unit washer and dryer. Garage parking completes this gorgeous unit and offering. The building is pet-friendly and energy-efficient, with low energy costs of approximately $50 per month. Building amenities include a concierge, full gym, private internal park, party room, and coffee bar. Residents enjoy a quiet and relaxing environment with a walking trail next to the Potomac. Located in the quiet end of The Wharf, this condo is just two blocks from the Waterfront Metro Station and a short five-minute walk to Safeway and CVS. The neighborhood offers a variety of shops, cafes, retail options, concerts, sports venues, parks, and the beautiful waterfront with Michelin star restaurants, ensuring there's always something to do. Don't miss the opportunity to live in this stunning condo in one of DC's most sought-after neighborhoods!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2016
  • Stories: 1
  • Living Area: 935 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (202) 386-6330
  • Listing Agent: Jennifer S Smira

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Microwave, Refrigerator, Stainless Steel Appliances, Stove
  • Basement: No
  • Interior: Elevator, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Open, Wood Floors, Walk-in Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Underground, Inside Access, Assigned, Attached Garage

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Head west on M Pl SW toward Water St SW

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000
  • Price Per SqFt: $748/SqFt

Tax Information:

  • Annual Amount: $4,889
  • Tax Year: 2020
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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

$676K

Med. Price/SqFt

$511

Avg. Days On Market

43

# of Sold Homes

387

525 Water St SW Unit 112 vs Washington

70 DAYS ON ROCKET

+27 Days

$699,000

+$22.9K More

$748/SqFt

+$237 More

KEY TAKEAWAY

This property is $22.9K more than the Median Sold Price and $237/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: #DCDC2164678

Listing Office:

  • Office Name: Compass
  • Office Phone: (202) 386-6330
  • Listing Agent: Jennifer S Smira

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: 12/26/2024, 8:20:57 AM 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$4,889$650,830
2019$4,802$639,830
2018$4,503$603,150
2017$5,127$603,150

History based on county public records data.

Payment Calculator

$3,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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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-1613777
4
/10

  • Amidon-Bowen Elementary School

  • 401 I St SW

  • 0.29 miles

  • Public District Grades EE-5

school-card-donut-1613778
6
/10

  • Van Ness Elementary School

  • 1150 5th St SE

  • 1.16 miles

  • Public District Grades EE-5

school-card-donut-1613779
9
/10

  • Brent Elementary School

  • 301 N Carolina Ave SE

  • 1.18 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 $78,348. Typical income of Washington, DC residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 525 Water St SW Unit 112

What is the listing price of this property?

The listing price of 525 Water St SW Unit 112 property is $699,000.

What type of property is this?

The property 525 Water St SW Unit 112 is a condo located in Washington, District of Columbia, 20024.

Is this property for sale now?

Active Listing: 525 Water St SW Unit 112 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 $4,889 (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 112 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 525 Water St SW Unit 112 is 935 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 525 Water St SW Unit 112 is 2016.

Rocket Homes›District of Columbia›Washington›20024›525 Water St SW Unit 112

This home is located at 525 Water St SW Unit 112 in Washington, DC and zip code 20024 in the Southwest Waterfront / Fort McNair / Buzzard Point neighborhood. This 935 square foot home was built in 2016. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $699,000.

In November 2024, from all listings sold in Washington, DC there were more than 85 sold above asking price, over 219 sold below and more than 83 were sold right at the asked price. The number of listings in Washington, DC increased by 4.8% between October 2024 and November 2024. Listings spent 43 days on the market in November 2024, and had a median list price of $676,027 during the same period.

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

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