$389,900
SOLD JAN 6, 2017
1 Bed
1 Bath
510 Sq Ft
$394/mo HOA Fee

Recently Sold

$765 Per Sq Ft

48 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 April 2025

Move-in Ready! 1BR/1BA unit in new construction condominium with terrace! This unit features floor to ceiling windows and modern finishes. 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

Co-Listed By

Samuel Wilson

Hoffman Realty License #MRIS:3101222

Last Buyer's Agent

Benjamin Puchalski

Compass License #585083

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,731

Year Built

  • Built in 2016 | Newly Remodeled

HOA Fees

  • $394 Monthly HOA Fees

Home Design

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

Interior Spaces

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

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Terrace
  • Property is in very good condition

Listing and Financial Details

  • Tax Lot 2099

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
  • 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

$2,731

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$394 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: Yes
  • Story List: Main
  • Year Built: 2016
  • Remarks Public: Move-in Ready! 1BR/1BA unit in new construction condominium with terrace! This unit features floor to ceiling windows and modern finishes. 525 Water is adjacent to future Waterfront Park and conveniently next to The Wharf.
  • Special Features: 4098
  • 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: 510
  • Living Area Sq Ft: 510
  • Price Per Sq Ft: 764.51
  • 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
  • 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: No

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: 393.62
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, 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 Management Type: Professional - On-Site
  • 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: Terrace
  • 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 TAX RECORD
  • Tax Lot: 2099
  • Close Date: 01/06/2017

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

Range of Values:

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Sold Price
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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
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

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

Mortgage History

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

Deed History

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

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Source: Bright MLS

MLS Number: 1001377573

Bright MLS

APN: 0473-2037