NOT LISTED FOR SALE

525 Water St SW, Unit 204 Washington, DC 20024

Southwest DC Neighborhood

Estimated Value: $256,883 - $276,000

1 Bed
1 Bath
463 Sq Ft
$469/mo HOA Fee

Last Sold December 05, 2024

Last sale price $258,645 $559 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,052/month

33 Days on Market

Highlights

  • Central Heating and Cooling System
  • 4-minute walk to Waterfront-Seu
  • 3-minute walk to Southwest Waterfront Park

About This Home

As of December 2024

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.

Last Agent to Sell the Property

Orantes Patrick

(202) 747-4740 Orantespatrick@outlook.com Samson Properties License #SP98376474 Listed on: 09/28/2024

Samson Properties

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,976

Year Built

  • Built in 2016

Lot Details

  • 218

HOA Fees

  • $469 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 463 Sq Ft Home
  • Property has 4 Levels

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2019
  • Assessor Parcel Number 0473//2019

Community Details

Overview

  • Association fees include water, common area maintenance, custodial services maintenance, exterior building maintenance, lawn care front, management, recreation facility, reserve funds, sewer, snow removal, trash
  • Rla Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,976

Year Built

Built in 2016

Lot Details

0

HOA Fees

$469 per month

Listing Details

  • Property Type: Residential
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2016
  • Automatically Close On Close Date: No
  • Remarks Public: 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.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Levels Count: 4
  • Basement: No
  • Total Sq Ft: 463
  • Living Area Sq Ft: 463
  • Price Per Sq Ft: 558.63
  • Above Grade Finished Sq Ft: 463
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 525

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 469.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Water, Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Lawn Care Front, Management, Recreation Facility, Reserve Funds, Sewer, Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Soil Types: Unknown
  • Year Assessed: 2023
  • Zoning: MU-12 R-3
  • In City Limits: Yes

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1976.00
  • Assessor Parcel Number: 0473//2019
  • Tax Lot: 2019
  • Tax Total Finished Sq Ft: 463
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 12/05/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2024
Closed on
Dec 5, 2024
Sold by
Tare Katherine
Bought by
Cattaneo Caroline
Seller's Agent
Orantes Patrick
Samson Properties
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$258,645
Sold Price
$258,645
Views
52
Current Estimated Value
$264,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,576
Avg. Annual Appreciation
3.59%

Purchase Details

Closed on
Oct 30, 2020
Sold by
Ghaffari Kuros
Bought by
Tare Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,319
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2016
Sold by
Rwp Llc A District Of Columbia Limited L
Bought by
Ghaffari Kuros

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3.47%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cattaneo Caroline $258,645 Federal Title
Cattaneo Caroline $258,645 Federal Title
Tare Katherine $233,550 None Available
Ghaffari Kuros $219,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tare Katherine $229,319
Previous Owner Ghaffari Kuros $185,000
Previous Owner Ghaffari Kuros $29,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2024 12/05/24 Sold $258,645 0.0% $559 / Sq Ft
09/28/2024 09/28/24 For Sale $258,645 -- $559 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,109 $263,250 $103,980 $159,270
2023 $1,976 $247,120 $103,980 $143,140
2022 $0 $236,440 $103,980 $132,460
2021 $1,854 $231,360 $103,980 $127,380
2020 $1,948 $229,230 $103,980 $125,250
2019 $0 $224,660 $103,980 $120,680
2018 $0 $220,850 $0 $0
2017 $2,946 $219,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Orantes Patrick

    Seller's Agent in 2024

    Orantes Patrick

    Samson Properties

    (202) 747-4740

    1 in this area

    41 Total Sales

    Orantes Patrick
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About This Building

Map

Source: Bright MLS

MLS Number: DCDC2161426

Bright MLS

APN: 0473-2019

District of Columbia District of Columbia County Washington 20024 Southwest DC

525 Water St SW Unit 204, Washington, DC

This home is located at 525 Water St SW Unit 204, Washington, DC 20024 since 28 September 2024 and is currently estimated at $264,221, approximately $570 per square foot. This property was built in 2016. 525 Water St SW Unit 204 is a home located in District of Columbia with nearby schools including Amidon-Bowen Elementary School, Jefferson Middle School Academy, and Eastern High School.

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