$654,900
SOLD JUL 17, 2017
2 Beds
2 Baths
835 Sq Ft
$629/mo HOA Fee

Recently Sold

$784 Per Sq Ft

6% Above List Price

96 Days on Market

Highlights

  • Concierge
  • 4-minute walk to Waterfront-Seu
  • Open Floorplan
  • Fitness Center
  • Newly Remodeled
  • 3-minute walk to Southwest Waterfront Park

About This Home

As of March 2025

Move-in Ready! 2BR/2BA unit in new construction condominium with balcony. This unit features floor to ceiling windows and modern finishes. Option to purchase one garage parking space at additional cost. 525 Water is adjacent to future Waterfront Park and conveniently next to The Wharf.

Last Agent to Sell the Property

Lynn Tsao

Hoffman Realty License #0225268490 Listed on: 02/24/2017

Last Buyer's Agent

Lynn Tsao

Hoffman Realty License #0225268490 Listed on: 02/24/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,469

Year Built

  • Built in 2016 | Newly Remodeled

HOA Fees

  • $629 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Fee

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Metal Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 835 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Kitchen and Dining Room
  • Stacked Washer and Dryer

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Tax Lot 2034
  • Assessor Parcel Number NO ID

Community Details

Overview

  • Moving Fees Required
  • Association fees include gas, sewer, water, trash, snow removal, management, insurance, reserve funds
  • 107 Units
  • Low-Rise Condominium
  • Built by PN HOFFMAN
  • 525 Water Condominium Community
  • Rla Subdivision
  • The community has rules related to covenants, moving in times

Amenities

  • Concierge
  • Common Area
  • Meeting Room
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Security

  • Front Desk in Lobby
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,469

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$629 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: Elevator
  • Ownership: Condominium
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: Yes
  • Story List: Main
  • Year Built: 2016
  • Remarks Public: Move-in Ready! 2BR/2BA unit in new construction condominium with balcony. This unit features floor to ceiling windows and modern finishes. Option to purchase one garage parking space at additional cost. 525 Water is adjacent to future Waterfront Park and conveniently next to The Wharf.
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Refrigerator, Stove, Washer/Dryer Stacked
  • Interior Amenities: Combination Kitchen/Dining, Elevator, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 835
  • Living Area Sq Ft: 835
  • Price Per Sq Ft: 742.40
  • Above Grade Finished Sq Ft: 835
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 525

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
  • Construction Materials: Brick, Metal Siding, Combination
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Parking Fee, Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby, Main Entrance Lock, Resident Manager
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 629.25
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Meeting Room, Exercise Room, Common Grounds, Concierge
  • HOA Condo Co-Op Fee Includes: Gas, Sewer, Water, Trash, Snow Removal, Management, Insurance, Reserve Funds
  • HOA Condo Co-Op Rules: Covenants, Pets - Allowed, Moving Fees Required, Moving In Times
  • HOA: No
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950

Lot Info

  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Soil Types: Unknown

Building Info

  • Builder Name: PN HOFFMAN

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: NO ID
  • Tax Lot: 2034
  • Close Date: 07/17/2017

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
Mar 17, 2025
Sold by
Livin Edward Marshall Rozynski Revocable
Bought by
Blue Lake Shanti Llc
Seller's Agent
Peter Frias
Samson Properties
Buyer's Agent
Jason Martin
Real Broker, LLC
List Price
$639,000
Sold Price
$624,000
Premium/Discount to List
-$15,000
-2.35%
Total Days on Market
96
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.56%
Source: Public Records

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Range of Values:

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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 Change Sq Ft Price
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
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
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: 1000080658

Bright MLS

APN: 0473-2023