11 days on rocket

525 Water St SW Unit 326, Washington, DC, 20024

$625,000

Home List Price

$7,422*

Closing Credit

1 Bedroom
1 Full Bath
672 SqFt
$930/SqFt
Condo

Location

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525 Water St SW Unit 326, Washington$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUnderground, Parking Garage
Garage1 space
Year Built2016
HeatingForced Air
CoolingCentral Air
MLS #DCDC2168074
StatusActive
(ACTIVE)

About 525 Water St SW Unit 326

This spacious 1 Bedroom, 1 Bathroom residence features an open floorplan with floor-to-ceiling windows, 10’ ceilings, and a gourmet kitchen equipped with Porcelanosa cabinetry, Bosch appliances, quartz countertops, and a generous island perfect for entertaining guests. The property is fully curated with designer furnishings for the most discerning buyer seeking a truly turnkey experience. Unit 326 is sun-drenched with eastern exposure and two Juliet balconies. The unit is ADA compliant with wide hallways, a massive bathroom, and two full-sized closets, and also includes a highly sought-after garage parking space. 525 Water, delivered by Hoffman & Associates in 2016, blends modern architecture with serene green spaces. Conveniently located just steps from the Marina and vibrant Wharf Promenade, 525 Water features a concierge, lobby with coffee bar, fitness studio, residents' lounge, and spacious landscaped courtyard. With its unrivaled location, contemporary finishes, and modern luxuries, 525 Water is the ultimate urban oasis.

Property Details

Property Features

Property Information:

  • Architectural Style: Unit/Flat
  • Year Built: 2016
  • Stories: 1
  • Living Area: 672 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (202) 386-6330
  • Listing Agent: Donovan Tyson

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

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

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: from I395N take Exit 4 to 9th St SW, turn left onto Maine St SW, turn right onto 6th St SW.

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $930/SqFt

Tax Information:

  • Annual Amount: $4,430
  • 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 326 vs Washington

11 DAYS ON ROCKET

-32 Days

$625,000

-$47.3K Less

$930/SqFt

+$419 More

KEY TAKEAWAY

This property is $47.3K less than the Median Sold Price and $419/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: #DCDC2168074

Listing Office:

  • Office Name: Compass
  • Office Phone: (202) 386-6330
  • Listing Agent: Donovan Tyson

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

Tax History

YEARPROP. TAXASSESSMENT
2020$4,430$521,230
2019$4,379$515,290
2018$4,239$498,650
2017$4,239$498,650

History based on county public records data.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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-282461
4
/10

  • Amidon-Bowen Elementary School

  • 401 I St SW

  • 0.29 miles

  • Public District Grades EE-5

school-card-donut-282462
6
/10

  • Van Ness Elementary School

  • 1150 5th St SE

  • 1.16 miles

  • Public District Grades EE-5

school-card-donut-282463
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. Most Washington, DC residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 525 Water St SW Unit 326

What is the listing price of this property?

The listing price of 525 Water St SW Unit 326 property is $625,000.

What type of property is this?

The property 525 Water St SW Unit 326 is a condo located in Washington, District of Columbia, 20024.

Is this property for sale now?

Active Listing: 525 Water St SW Unit 326 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 $4,430 (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 326 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 525 Water St SW Unit 326 is 672 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 525 Water St SW Unit 326 is 2016.

Rocket Homes›District of Columbia›Washington›20024›525 Water St SW Unit 326

This home is located at 525 Water St SW Unit 326 in Washington, DC and zip code 20024 in the Southwest Waterfront / Fort McNair / Buzzard Point neighborhood. This 672 square foot home was built in 2016. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 10, 2024 and is currently priced at $625,000.

In October 2024, from all listings sold in Washington, DC there were more than 142 sold above asking price, over 225 sold below and more than 118 were sold right at the asked price. In October 2024 in Washington, DC there were 21.3% more homes for sale than in September 2024. 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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