2 months on rocket

Backup Offers

525 Water St SW Unit 207, Washington, DC, 20024

$410,000

Home List Price

$4,869*

Closing Credit

1 Bedroom
1 Full Bath
510 SqFt
$804/SqFt
Condo

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

525 Water St SW Unit 207, Washington$410,000

Buyer Closing Credits

$4,869*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingNone
Year Built2016
HeatingForced Air
CoolingCentral Air
MLS #DCDC2160998
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 525 Water St SW Unit 207

Welcome to this modern and cozy 1 bed/1 bath condominium unit located in the sought-after Wharf Waterfront community of Southwest, DC. The charming and well-maintained interior features an estimated 510 SQFT of living space with engineered hardwood floors, 12+ foot ceilings, floor-to-ceiling windows, and a washer/dryer in the unit. The kitchen is equipped with high-end stainless steel appliances, quartz countertops, tile backsplash, and Porcelanosa cabinets. The spacious bedroom includes a closet with extra shelves for storage, new carpet, and three-panel glass sliding doors. The bathroom provides a beautiful tile in the shower/bathtub and extra cabinetry for all linen and bath accessory needs. This unit offers a private terrace that leads to the serene and landscaped courtyard area of the building. The building provides several amenities including a concierge service, outdoor areas for grilling, a resident’s lounge, and a 24-hour gym. All utilities except for electricity are included in the monthly condo fee. Only a 5-minute walk to Waterfront Metro Station, Safeway, entertainment venues, community events, shopping, and dining areas including Michelin restaurants. Conveniently located near the Nationals Park Stadium, Navy Yard, and Audi Field. Rental parking options are available in the building next door. Don’t miss this opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2016
  • Stories: 1
  • Living Area: 510 SqFt

Listing Office:

  • Office Name: Keller Williams Capital Properties
  • Office Phone: (240) 383-1350
  • Listing Agent: Stella A Da Costa

Interior Features

Interior Information:

  • Appliances: Disposal, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Dishwasher, Microwave, Oven, Gas Range
  • Basement: No
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior: Floor Plan - Open, Kitchen - Gourmet, Recessed Lighting, Window Treatments, Wood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: BBQ Grill

Parking Information:

  • Parking: None

Virtual/3D Tour

  • Virtual Tour: 525 Water St SW Unit 207
Virtual Tour

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take exit 4 from I-395 N, take Maine Avenue SW, and slight left onto Water Street SW.

Price Information

Listing Price Info

Price Summary:

  • List Price: $410,000
  • Price Per SqFt: $804/SqFt

Tax Information:

  • Annual Amount: $2,996
  • Tax Year: 2020
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

$676K

Med. Price/SqFt

$511

Avg. Days On Market

43

# of Sold Homes

387

525 Water St SW Unit 207 vs Washington

80 DAYS ON ROCKET

+37 Days

$410,000

-$266K Less

$804/SqFt

+$293 More

KEY TAKEAWAY

This property is $266K less than the Median Sold Price and $293/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: #DCDC2160998

Listing Office:

  • Office Name: Keller Williams Capital Properties
  • Office Phone: (240) 383-1350
  • Listing Agent: Stella A Da Costa

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: 12/21/2024, 11:55:57 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$2,996$428,190
2019$2,763$425,460
2018$2,525$370,400
2017$2,533$370,400

History based on county public records data.

Payment Calculator

$2,114

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,296

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.

Nearby Schools

school-card-donut-833586
4
/10

  • Amidon-Bowen Elementary School

  • 401 I St SW

  • 0.29 miles

  • Public District Grades EE-5

school-card-donut-833587
6
/10

  • Van Ness Elementary School

  • 1150 5th St SE

  • 1.16 miles

  • Public District Grades EE-5

school-card-donut-833588
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 most common type of family is single, no kids. The majority of 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 207

What is the listing price of this property?

The listing price of 525 Water St SW Unit 207 property is $410,000.

What type of property is this?

The property 525 Water St SW Unit 207 is a condo located in Washington, District of Columbia, 20024.

Is this property for sale now?

Accepting Backup Offers: 525 Water St SW Unit 207 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 $2,996 (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 207 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 525 Water St SW Unit 207 is 510 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 525 Water St SW Unit 207 is 2016.

Rocket Homes›District of Columbia›Washington›20024›525 Water St SW Unit 207

This home is located at 525 Water St SW Unit 207 in Washington, DC and zip code 20024 in the Southwest Waterfront / Fort McNair / Buzzard Point neighborhood. This 510 square foot home was built in 2016. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $410,000.

Over 85 listings were sold over their listed price in November 2024 in Washington, DC. In the same period over 219 listings were sold below the listed price and 83 listings were sold for the listed price. In November 2024 in Washington, DC there were 4.8% more homes for sale than in October 2024. In November 2024, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $676,027.

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

More Resources