new - 5 days on rocket

525 Water St SW Unit 319, Washington, DC, 20024

$799,900

Home List Price

$9,499*

Closing Credit

2 Bedrooms
2 Full Baths
975 SqFt
$820/SqFt
Condo

Location

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525 Water St SW Unit 319, Washington$799,900

Buyer Closing Credits

$9,499*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUnderground, Assigned, Parking Garage
Garage1 space
Year Built2016
HeatingForced Air
CoolingCentral Air
MLS #DCDC2170508
StatusActive
(ACTIVE)

About 525 Water St SW Unit 319

Stunning 2 bedroom, 2 bathroom southwest-facing residence with water views from private balcony and garage parking available for $50k! This home spans 975 square feet, offering modern designer finishes, high ceilings, recessed lighting, and all the amenities you need without having to leave the comfort of your building. As you enter, an open floor plan seamlessly integrates the living, dining, and kitchen areas, perfect for both entertaining and relaxation. The kitchen features sleek cabinets, a floating island, a full suite of stainless steel appliances, and ample counter space with under-cabinet lighting. Once you step out onto your private balcony, you will be taken back by the vibrant cityscape park and waterfront views. The primary suite has an en-suite bathroom with a soaking tub, access to the balcony, and a spacious walk-in closet with custom shelves. The secondary bedroom offers guests or a home office flexibility, catering to your lifestyle needs. Across the hall is a full bathroom with a convenient in-unit washer and dryer, ensuring effortless daily living. The condo fee includes heat, gas, water, staff, and amenities (parking, gym, lounge, outdoor grilling area). Electric fees are very low due to the energy-efficient system. This 4-story condo building, on the banks of the Potomac River/Washington Channel, defines a new kind of urban living in Washington, DC. The building has been described as a serene retreat and it truly is an accurate description. The condo building features a business center, front-desk concierge, conference room, fitness center, and a large shared courtyard with a beautiful garden! With such an amazing location, Southwest DC will be your playground with endless entertainment right at your doorstep. The Wharf, Navy Yard, and Buzzard Point are steps from home where you can enjoy festivals, concerts, dining, and nightlife. You're also located moments from Nats Park and Audi Field to enjoy games. Safeway and the SW Farmers Market are conveniently located on the next block. With Waterfront Metro just one block away (L'Enfant .7 miles away), and Route 695/395 you will have easy commutes in and out of town.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2016
  • Stories: 1
  • Living Area: 975 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (301) 298-1001
  • Listing Agent: Andrew A Peers

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Disposal, Dryer, Ice Maker, Oven, Gas Range, Refrigerator, Stainless Steel Appliances, Stove, Washer, Washer/Dryer Stacked
  • Basement: No
  • Flooring Type: Wood
  • Interior: Bathroom - Tub Shower, Breakfast Area, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Window Treatments, Wood Floors, Bathroom - Stall Shower

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Exterior Lighting, Sidewalks, Street Lights

Parking Information:

  • Garage Space: 1 space
  • Parking: Underground, Assigned, Parking Garage

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Metered parking is available near the building.

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,900
  • Price Per SqFt: $820/SqFt

Tax Information:

  • Annual Amount: $5,507
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$676.6K

Med. Price/SqFt

$511

Avg. Days On Market

58

# of Sold Homes

474

525 Water St SW Unit 319 vs Washington

5 DAYS ON ROCKET

-53 Days

$799,900

+$123.2K More

$820/SqFt

+$309 More

KEY TAKEAWAY

This property is $123.2K more than the Median Sold Price and $309/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: #DCDC2170508

Listing Office:

  • Office Name: Compass
  • Office Phone: (301) 298-1001
  • Listing Agent: Andrew A Peers

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. ©2025 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: 1/15/2025, 6:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,507$723,580
2019$5,405$710,750
2018$5,593$731,400
2017$6,217$731,400

History based on county public records data.

Payment Calculator

$4,060

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

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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-2543130
4
/10
  • Amidon-Bowen Elementary School

  • 401 I St SW

  • 0.29 miles

  • Public District Grades EE-5

school-card-donut-2543131
6
/10
  • Van Ness Elementary School

  • 1150 5th St SE

  • 1.16 miles

  • Public District Grades EE-5

school-card-donut-2543132
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. Most Washington, DC residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. 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 319

What is the listing price of this property?

The listing price of 525 Water St SW Unit 319 property is $799,900.

What type of property is this?

The property 525 Water St SW Unit 319 is a condo located in Washington, District of Columbia, 20024.

Is this property for sale now?

Active Listing: 525 Water St SW Unit 319 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 $5,507 (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 319 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 525 Water St SW Unit 319 is 975 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 525 Water St SW Unit 319 is 2016.

Rocket Homes›District of Columbia›Washington›20024›525 Water St SW Unit 319

This home is located at 525 Water St SW Unit 319 in Washington, DC and zip code 20024 in the Southwest Waterfront / Fort McNair / Buzzard Point neighborhood. This 975 square foot home was built in 2016. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 09, 2025 and is currently priced at $799,900.

Washington, DC housing market in December 2024 saw over 103 listings sold above listed price, more than 113 sold at listed price and over 258 sold below. In December 2024 in Washington, DC there were 0.4% more homes for sale than in November 2024. While the average time on the market in December 2024 was 58 days, the median list price was $676,667.

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

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