$390,000
SOLD APR 28, 2025
1 Bed
1 Bath
510 Sq Ft
$418/mo HOA Fee

Recently Sold

$765 Per Sq Ft

7% Below List Price

100 Days on Market

Highlights

  • Concierge
  • 4-minute walk to Waterfront-Seu
  • Eat-In Gourmet Kitchen
  • Fitness Center
  • Water Oriented
  • 3-minute walk to Southwest Waterfront Park

About This Home

As of April 2025

Modern Luxury condo with it's own patio in the heart of DC's vibrant Wharf neighborhood! Natural light pours in to the space through the floor to ceiling glass doors which lead out to your personal patio on the interior courtyard and garden - a lovely and quiet place to enjoy the outdoors while relaxing or working from home! This well appointed unit features a sleek full kitchen with quartz countertops, high end stainless steel appliances and plenty of cabinet space. Space-saving wall-mounted tvs in the living room and bedroom convey if desired. Large closets are outfitted with organizers and the spacious bath features gorgeous tile, designer fixtures and ample vanity storage. A full size in-unit washer & dryer round out the conveniences. The building amenities include a front-desk concierge, lobby coffee bar, state of the art fitness center, an elevated courtyard terrace with grill and an elegant club room that is conveniently located right across the patio - great for overflow entertaining! The location can't be beat for all that you need - just steps from the water and all that the Wharf has to offer with restaurants, festivals, recreation and nightlife; adjacent parks; Arena Stage; and close proximity to the Navy Yard, the Nats Stadium and Audi Field. Safeway, the Farmers Market and the Waterfront Metro are within short walking distance. A designated parking space in the secure on-site garage is available for rent.

Last Agent to Sell the Property

Gini Wood

Long & Foster Real Estate, Inc. Listed on: 12/11/2024

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Alexandra Schlesinger

Pearson Smith Realty, LLC

Pearson Smith Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,731

Year Built

  • Built in 2016

HOA Fees

  • $418 Monthly HOA Fees

Parking

  • On-Site Parking for Rent

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Metal Siding

Interior Spaces

  • 510 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • High Ceiling
  • Window Treatments
  • Sliding Doors
  • Combination Kitchen and Dining Room
  • Courtyard Views

Kitchen

  • Eat-In Gourmet Kitchen
  • Gas Oven or Range
  • Stove
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Water Oriented
  • River Nearby
  • Terrace
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in excellent condition

Listing and Financial Details

  • Tax Lot 2037
  • Assessor Parcel Number 0473//2037

Community Details

Overview

  • Association fees include gas, insurance, management, reserve funds, sewer, snow removal, trash, water, common area maintenance, exterior building maintenance
  • Low-Rise Condominium
  • 525 Water Street Condo
  • 525 Water Condominium Subdivision

Amenities

  • Concierge
  • Common Area
  • Party Room

Recreation

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,731

Year Built

Built in 2016

Lot Details

0

HOA Fees

$418 per month

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
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2016
  • Automatically Close On Close Date: No
  • Remarks Public: Modern Luxury condo with it's own patio in the heart of DC's vibrant Wharf neighborhood! Natural light pours in to the space through the floor to ceiling glass doors which lead out to your personal patio on the interior courtyard and garden - a lovely and quiet place to enjoy the outdoors while relaxing or working from home! This well appointed unit features a sleek full kitchen with quartz countertops, high end stainless steel appliances and plenty of cabinet space. Space-saving wall-mounted tvs in the living room and bedroom convey if desired. Large closets are outfitted with organizers and the spacious bath features gorgeous tile, designer fixtures and ample vanity storage. A full size in-unit washer & dryer round out the conveniences. The building amenities include a front-desk concierge, lobby coffee bar, state of the art fitness center, an elevated courtyard terrace with grill and an elegant club room that is conveniently located right across the patio - great for overflow entertaining! The location can't be beat for all that you need - just steps from the water and all that the Wharf has to offer with restaurants, festivals, recreation and nightlife; adjacent parks; Arena Stage; and close proximity to the Navy Yard, the Nats Stadium and Audi Field. Safeway, the Farmers Market and the Waterfront Metro are within short walking distance. A designated parking space in the secure on-site garage is available for rent.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Freezer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Stove, Washer
  • Entry Floor: 2
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Carpet, Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Table Space, Window Treatments, Wood Floors
  • Fireplace: No
  • Door Features: Sliding Glass
  • Wall Ceiling Types: High
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 510
  • Living Area Sq Ft: 510
  • Price Per Sq Ft: 821.57
  • Above Grade Finished Sq Ft: 510
  • 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, Combination, Metal Siding
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • View: Courtyard
  • Water Access: No
  • Water Body Name: District Wharf
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: On-Site - Rent

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 418.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: 525 Water Street Condo
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Exercise Room, Elevator, Fitness Center, Party Room
  • HOA Condo Co-Op Fee Includes: Gas, Insurance, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water, Common Area Maintenance, Ext Bldg Maint
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Outdoor Living Structures: Terrace
  • Property Condition: Excellent
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2024
  • Zoning: R-1-B
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 2731.00
  • Assessor Parcel Number: 0473//2037
  • Tax Lot: 2037
  • Tax Total Finished Sq Ft: 457
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 04/28/2025

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2024
Closed on
Apr 24, 2025
Sold by
Flanigan Kenly M
Bought by
Matsumoto Susan and Matsumoto Larry
Seller's Agent
Gini Wood
Long & Foster Real Estate, Inc.
Buyer's Agent
Alexandra Schlesinger
Pearson Smith Realty, LLC
List Price
$419,000
Sold Price
$390,000
Premium/Discount to List
-$29,000
-6.92%
Total Days on Market
100
Views
127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.58%
Original Mortgage
$331,500
Outstanding Balance
$331,500
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$81,830

Purchase Details

Listed on
Apr 24, 2019
Closed on
Jun 7, 2019
Sold by
Kelokates Maria L and Wright Jean
Bought by
Flanigan Kenly M
Seller's Agent
Benjamin Puchalski
Compass
Buyer's Agent
Gini Wood
Long & Foster Real Estate, Inc.
List Price
$429,000
Sold Price
$430,000
Premium/Discount to List
$1,000
0.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.64%
Original Mortgage
$280,000
Interest Rate
4.2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 21, 2016
Closed on
Jan 6, 2017
Sold by
Rwp Llc A District Of Columbia Limited L
Bought by
Kelokates Maria and Wright Jean
Seller's Agent
Lynn Tsao
Hoffman Realty
Buyer's Agent
Benjamin Puchalski
Compass
List Price
$389,900
Sold Price
$389,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%
Original Mortgage
$289,900
Interest Rate
4.03%
Mortgage Type
New Conventional
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

Purchase History

Date Type Sale Price Title Company
Deed $390,000 Chicago Title
Special Warranty Deed $430,000 Rgs Title Llc
Special Warranty Deed $389,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $331,500 New Conventional
Previous Owner $280,000 Adjustable Rate Mortgage/ARM
Previous Owner $289,900 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 Sold $390,000 -6.9% $765 / Sq Ft
03/21/2025 03/21/25 Pending -- -- --
12/11/2024 12/11/24 For Sale $419,000 0.0% $822 / Sq Ft
05/21/2023 05/21/23 Rented $2,700 +20.0% --
04/26/2023 04/26/23 Under Contract -- -- --
04/19/2023 04/19/23 Price Changed $2,250 -10.0% $4 / Sq Ft
04/01/2023 04/01/23 For Rent $2,500 0.0% --
06/07/2019 06/07/19 Sold $430,000 +0.2% $843 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $429,000 +10.0% $841 / Sq Ft
01/06/2017 01/06/17 Sold $389,900 0.0% $765 / Sq Ft
12/08/2016 12/08/16 Pending -- -- --
10/21/2016 10/21/16 For Sale $389,900 -- $765 / 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 $2,731 $423,500 $127,050 $296,450
2023 $2,659 $411,540 $123,460 $288,080
2022 $2,806 $422,600 $126,780 $295,820
2021 $2,872 $427,540 $128,260 $299,280
2020 $2,964 $424,370 $127,310 $297,060
2019 $2,763 $421,750 $126,520 $295,230
2018 $2,525 $370,400 $0 $0
2017 $3,148 $370,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2170388

Bright MLS

APN: 0473-2037