NOT LISTED FOR SALE

Estimated Value: $612,424 - $625,000

2 Beds
2 Baths
835 Sq Ft
$962/mo HOA Fee

Last Sold March 18, 2025

Last sale price $624,000 $747 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,682/month

28 Days on Market

Highlights

  • 100 Feet of Waterfront
  • 4-minute walk to Waterfront-Seu
  • Contemporary Architecture
  • Fitness Center
  • Water Oriented
  • 3-minute walk to Southwest Waterfront Park

About This Home

As of March 2025

Open Sunday Feb 23rd 1:00-4:00. Welcome to 525 Water St SW, the Waterfront’s premiere condominium community! Perfectly perched between leafy neighborhood parks and the quiet end of the Wharf, this is a location that can’t be beat! Walk to everything! Within easy strolling distance are the Waterfront metro, Michelin star restaurants and world class entertainment at the Wharf, gourmet grocery shopping, live theater at Arena Stage, Audi Field, Nats Park, Ft. McNair, water taxis to Alexandria, Georgetown and National Harbor.....the list is endless! Come enjoy top tier amenities within the community including an elegant lobby with concierge, a lovely two level interior courtyard with grills, a club room filled with sunlight, and a fully stocked gym. Main common areas feature free wifi! Unit 208 is on the same level as the gym, club room and the courtyard for added convenience. Built just 8 years ago, this lovely unit features beautiful hardwood floors, high ceilings, an absolutely dynamite kitchen with granite counters, Porcelanosa cabinetry, high end appliances and a very large kitchen island perfect for entertaining! You will also enjoy tons of sunlight from the floor to ceiling west facing windows. The primary bedroom has a lovely private bath, and darkening curtains which will convey with the property. The second bedroom has another full bath right across the hall. GARAGE PARKING included in your dedicated spot! Both bedrooms have double bar closets for added storage and ceiling fans, and there’s another ceiling fan in the living room. All of this is rounded out by a lovely private balcony with spectacular seasonal water views, accessible from the living room and the primary bedroom, which is perfect for your morning coffee, evening wine and people watching! Your balcony is the perfect spot from which to enjoy the promenade of river boat diners as they stroll down Water St in their finery to board the boats! Condo association is responsible for the shared air handlers on the roof. PET FRIENDLY! Make your appointment today! Floorplan available upon request.

Last Agent to Sell the Property

Peter Frias

(202) 744-8973 petercfrias@gmail.com Samson Properties Listed on: 01/30/2025

Samson Properties

Last Buyer's Agent

Jason Martin

(202) 641-0299 jason@jasonmartingroup.com Real Broker, LLC License #0225197141

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,469

Year Built

  • Built in 2016

Lot Details

HOA Fees

  • $962 Monthly HOA Fees

Parking

  • Basement Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 835 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • No Interior Steps
  • Level Entry For Accessibility

Outdoor Features

  • Water Oriented
  • River Nearby

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0473//2023

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, gas, lawn care front, management, parking fee, recreation facility, reserve funds, sewer, snow removal, water
  • Low-Rise Condominium
  • Southwest Waterfront Subdivision

Amenities

  • Common Area
  • Meeting Room
  • Elevator

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Service
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,469

Year Built

Built in 2016

Lot Details

0

HOA Fees

$962 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Level Entry - Main, No Stairs
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2016
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 835
  • Living Area Sq Ft: 835
  • Price Per Sq Ft: 765.27
  • Above Grade Finished Sq Ft: 835
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Basement Garage, Covered Parking, Garage Door Opener, Underground
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 961.75
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Meeting Room, Reserved/Assigned Parking, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Gas, Lawn Care Front, Management, Parking Fee, Recreation Facility, Reserve Funds, Sewer, Snow Removal, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Soil Types: Unknown
  • In City Limits: Yes

Rental Info

  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5469.00
  • Assessor Parcel Number: 0473//2023
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2025 03/18/25 Sold $624,000 -2.3% $747 / Sq Ft
01/30/2025 01/30/25 For Sale $639,000 -2.4% $765 / Sq Ft
07/17/2017 07/17/17 Sold $654,900 +5.6% $784 / Sq Ft View Prior Sale
05/31/2017 05/31/17 Pending -- -- --
02/24/2017 02/24/17 For Sale $619,900 -- $742 / 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
2025 $5,634 $678,450 $203,530 $474,920
2024 $5,469 $658,620 $197,590 $461,030
2023 $5,288 $636,770 $191,030 $445,740
2022 $5,367 $645,230 $193,570 $451,660
2021 $5,492 $659,460 $197,840 $461,620
2020 $5,578 $656,220 $196,870 $459,350
2019 $5,729 $673,980 $202,190 $471,790
2018 $5,433 $639,200 $0 $0
2017 $5,433 $639,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2176962

Bright MLS

APN: 0473-2023