new - 6 days on rocket

525 Water St SW Unit 223, Washington, DC, 20024

$419,000

Home List Price

$4,976*

Closing Credit

1 Bedroom
1 Full Bath
510 SqFt
$822/SqFt
Condo

Location

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525 Water St SW Unit 223, Washington$419,000

Buyer Closing Credits

$4,976*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn-site - Rent, Other
Year Built2016
HeatingCentral
CoolingCentral Air
ViewOther
MLS #DCDC2170388
StatusActive
(ACTIVE)

About 525 Water St SW Unit 223

Modern Luxury condo with it's own patio in the heart of DC's vibrant Wharf neighborhood! Natural light pours in to the space through the floor to ceiling glass doors which lead out to your personal patio on the interior courtyard and garden - a lovely and quiet place to enjoy the outdoors while relaxing or working from home! This well appointed unit features a sleek full kitchen with quartz countertops, high end stainless steel appliances and plenty of cabinet space. Space-saving wall-mounted tvs in the living room and bedroom convey if desired. Large closets are outfitted with organizers and the spacious bath features gorgeous tile, designer fixtures and ample vanity storage. A full size in-unit washer & dryer round out the conveniences. The building amenities include a front-desk concierge, lobby coffee bar, state of the art fitness center, an elevated courtyard terrace with grill and an elegant club room that is conveniently located right across the patio - great for overflow entertaining! The location can't be beat for all that you need - just steps from the water and all that the Wharf has to offer with restaurants, festivals, recreation and nightlife; adjacent parks; Arena Stage; and close proximity to the Navy Yard, the Nats Stadium and Audi Field. Safeway, the Farmers Market and the Waterfront Metro are within short walking distance. A designated parking space in the secure on-site garage is available for rent.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (703) 938-4200
  • Listing Agent: Regina L Wood

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Disposal, Dryer, Freezer, Oven, Gas Range, Refrigerator, Stainless Steel Appliances, Stove, Washer
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior: Carpet, Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Table Space, Window Treatments, Wood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Exterior Lighting, Sidewalks, Street Lights

Parking Information:

  • Parking: On-site - Rent, Other

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From M St SW - turn South on 6th St SW or Water St SW across from Arena stage. Street parking or Wharf Garage parking.

Price Information

Listing Price Info

Price Summary:

  • List Price: $419,000
  • Price Per SqFt: $822/SqFt

Tax Information:

  • Annual Amount: $2,964
  • 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 223 vs Washington

6 DAYS ON ROCKET

-37 Days

$419,000

-$257K Less

$822/SqFt

+$311 More

KEY TAKEAWAY

This property is $257K less than the Median Sold Price and $311/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: #DCDC2170388

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (703) 938-4200
  • Listing Agent: Regina L Wood

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: 12/17/2024, 10:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 11, 2019Home Sold
$430,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,964$424,370
2019$2,763$421,750
2018$2,525$370,400
2017$3,148$370,400

History based on county public records data.

Payment Calculator

$2,159

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,323

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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-4250603
4
/10

  • Amidon-Bowen Elementary School

  • 401 I St SW

  • 0.29 miles

  • Public District Grades EE-5

school-card-donut-4250604
6
/10

  • Van Ness Elementary School

  • 1150 5th St SE

  • 1.16 miles

  • Public District Grades EE-5

school-card-donut-4250605
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 majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 525 Water St SW Unit 223

What is the listing price of this property?

The listing price of 525 Water St SW Unit 223 property is $419,000.

What type of property is this?

The property 525 Water St SW Unit 223 is a condo located in Washington, District of Columbia, 20024.

Is this property for sale now?

Active Listing: 525 Water St SW Unit 223 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 $2,964 (source: MLS/based on county public records data).

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

The last sale was on June 11, 2019 for $430,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 525 Water St SW Unit 223 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 525 Water St SW Unit 223 is 510 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 525 Water St SW Unit 223 is 2016.

Rocket Homes›District of Columbia›Washington›20024›525 Water St SW Unit 223

This home is located at 525 Water St SW Unit 223 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 December 12, 2024 and is currently priced at $419,000.

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. In November 2024 in Washington, DC there were 4.8% more homes for sale than in October 2024. While the average time on the market in November 2024 was 43 days, the median list price was $676,027.

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

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