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Backup Offers

525 Water St SW Unit 204, Washington, DC, 20024

$258,645

Home List Price

$3,071*

Closing Credit

1 Bedroom
1 Full Bath
463 SqFt
$559/SqFt
House

Location

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525 Water St SW Unit 204, Washington$258,645

Buyer Closing Credits

$3,071*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone
Year Built2016
HeatingCentral
CoolingCentral Air
MLS #DCDC2161426
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 525 Water St SW Unit 204

This unit is available via the IZ program. To become eligible for the IZ purchase units, complete steps 1, 2 and 3 on the DC DHCD website. Click on “Services” then “Inclusionary Zoning Registration.” Pursuant to the District of Columbia Inclusionary Zoning program, income restricted units are available at this development. Please contact the Department of Housing and Community Development at www.dhcd.dc.gov regarding the availability of such units and requirements for registration in the Inclusionary Zoning program. The minimum occupancy requirement of at least 1 person per bedroom. The maximum income limits for each household size: 1 person $86,650, 2 people $99,000 and 3 people $111,400 About IZ sale units: a.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2016
  • Living Area: 463 SqFt

Listing Office:

  • Office Name: Samson Properties
  • Office Phone: (703) 378-8810
  • Listing Agent: Orantes C Patrick

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Parking: None

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Water Street SW DC

Price Information

Listing Price Info

Price Summary:

  • List Price: $258,645
  • Price Per SqFt: $559/SqFt

Tax Information:

  • Annual Amount: $1,948
  • 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

$672.3K

Med. Price/SqFt

$511

Avg. Days On Market

43

# of Sold Homes

485

525 Water St SW Unit 204 vs Washington

19 DAYS ON ROCKET

-24 Days

$258,645

-$413.6K Less

$559/SqFt

+$48 More

KEY TAKEAWAY

This property is $413.6K less than the Median Sold Price and $48/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: #DCDC2161426

Listing Office:

  • Office Name: Samson Properties
  • Office Phone: (703) 378-8810
  • Listing Agent: Orantes C Patrick

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, 11:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 04, 2020Home Sold
$233,550

Tax History

YEARPROP. TAXASSESSMENT
2020$1,948$229,230
2019 - $224,660
2018 - $220,850
2017$2,946$346,600

History based on county public records data.

Payment Calculator

$1,358

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$842

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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-279226
4
/10

  • Amidon-Bowen Elementary School

  • 401 I St SW

  • 0.29 miles

  • Public District Grades EE-5

school-card-donut-279227
6
/10

  • Van Ness Elementary School

  • 1150 5th St SE

  • 1.16 miles

  • Public District Grades EE-5

school-card-donut-279228
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. The majority of Washington, DC residents have income between $35k-100k annually. The majority of families are 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 204

What is the listing price of this property?

The listing price of 525 Water St SW Unit 204 property is $258,645.

What type of property is this?

The property 525 Water St SW Unit 204 is a house located in Washington, District of Columbia, 20024.

Is this property for sale now?

Accepting Backup Offers: 525 Water St SW Unit 204 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,948 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 4, 2020 for $233,550. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 525 Water St SW Unit 204 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 525 Water St SW Unit 204 is 463 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 525 Water St SW Unit 204 is 2016.

Rocket Homes›District of Columbia›Washington›20024›525 Water St SW Unit 204

This home is located at 525 Water St SW Unit 204 in Washington, DC and zip code 20024 in the Southwest Waterfront / Fort McNair / Buzzard Point neighborhood. This 463 square foot home was built in 2016. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $258,645.

While more than 142 listings in Washington, DC in October 2024 were sold above asking price, there were more than 118 listings sold at asking price, and more than 225 were sold below. Between September 2024 and October 2024, Washington, DC real estate market has seen increase in the number of listings by 21.3%. The median list price of listings available in October 2024 was $672,329, while the average time on the real estate market was 43 days.

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

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