NOT LISTED FOR SALE

525 Water St SW, Unit 309 Washington, DC 20024

Southwest DC Neighborhood

Estimated Value: $373,000 - $514,000

1 Bed
1 Bath
565 Sq Ft
$436/mo HOA Fee

Last Sold June 30, 2021

Last sale price $420,000 $743 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,062/month

26 Days on Market

Highlights

  • Concierge
  • 4-minute walk to Waterfront-Seu
  • Contemporary Architecture
  • Bar or Lounge
  • Fitness Center
  • 3-minute walk to Southwest Waterfront Park

About This Home

As of June 2021

Welcome to 525 Water Condominiums, located at D.C.'s Luxury SW Waterfront! This amenity rich boutique style building features a concierge, lobby coffee bar with WiFi, 24/7 fitness room, interior courtyard with grills, and club room! This home faces the beautiful courtyard and the kitchen features Porcelanosa cabinetry, quartz countertops, gas cooking, and Bosch appliances. The oversized, luxury bath features floor to ceiling tiles and in-unit Bosch washer and dryer. Step outside to a lovely 3.5-acre Waterfront Park directly across the street! This is an unbeatable location within blocks to Waterfront Metro, Safeway Grocery, and CVS. Plus all of the fun including Wharf Marina, Arena Stage, Nationals Park, Audi Stadium, The Anthem, Pearl Street Warehouse and many popular restaurants! Great option as rental as well!

Last Agent to Sell the Property

Steve Swank

McWilliams/Ballard, Inc. License #0225239606 Listed on: 04/30/2021

McWilliams/Ballard, Inc.

Last Buyer's Agent

Keri Shull

EXP Realty, LLC License #618083

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,916

Year Built

  • Built in 2016

Lot Details

  • Property is in excellent condition

HOA Fees

  • $436 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 565 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Stacked Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • On-Site Parking for Rent
  • On-Street Parking
  • Off-Street Parking
  • Off-Site Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0473//2054

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, gas, insurance, lawn maintenance, management, reserve funds, sewer, snow removal, trash, water
  • Mid-Rise Condominium
  • Built by PN Hoffman
  • Sw Waterfront Subdivision
  • Property Manager

Amenities

  • Concierge
  • Common Area
  • Party Room
  • Bar or Lounge
  • Elevator

Recreation

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,916

Year Built

Built in 2016

Lot Details

0

HOA Fees

$436 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2016
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 525 Water Condominiums, located at D.C.'s Luxury SW Waterfront! This amenity rich boutique style building features a concierge, lobby coffee bar with WiFi, 24/7 fitness room, interior courtyard with grills, and club room! This home faces the beautiful courtyard and the kitchen features Porcelanosa cabinetry, quartz countertops, gas cooking, and Bosch appliances. The oversized, luxury bath features floor to ceiling tiles and in-unit Bosch washer and dryer. Step outside to a lovely 3.5-acre Waterfront Park directly across the street! This is an unbeatable location within blocks to Waterfront Metro, Safeway Grocery, and CVS. Plus all of the fun including Wharf Marina, Arena Stage, Nationals Park, Audi Stadium, The Anthem, Pearl Street Warehouse and many popular restaurants! Great option as rental as well!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Stacked, Water Heater, Stainless Steel Appliances, Oven/Range - Gas, Microwave, Disposal, Dishwasher, Cooktop
  • Entry Floor: 3
  • Flooring Type: Hardwood
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 565
  • Living Area Sq Ft: 565
  • Price Per Sq Ft: 752.04
  • Above Grade Finished Sq Ft: 565
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: On-Site - Rent
  • Type Of Parking: Off Street, On Street, Off Site

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • 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: 435.58
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Bar/Lounge, Common Grounds, Concierge, Elevator, Exercise Room, Security, Party Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Gas, Insurance, Lawn Maintenance, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Property Condition: Excellent
  • Soil Types: Unknown
  • In City Limits: No

Building Info

  • Builder Name: PN Hoffman

Rental Info

  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 16185943
  • Tax Annual Amount: 3916.00
  • Assessor Parcel Number: 0473//2054
  • Tax Year: 2020
  • Close Date: 06/30/2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jun 22, 2021
Sold by
Circus City Dc Properties Llc
Bought by
Hoeveler John David and Aisa Mahsuda
Seller's Agent
Steve Swank
McWilliams/Ballard, Inc.
Buyer's Agent
Keri Shull
EXP Realty, LLC
List Price
$424,900
Sold Price
$420,000
Premium/Discount to List
-$4,900
-1.15%
Current Estimated Value
$433,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,467
Avg. Annual Appreciation
-0.27%
Original Mortgage
$307,500
Outstanding Balance
$282,015
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$133,249
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hoeveler John David $420,000 Allied Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoeveler John David $307,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $420,000 -1.2% $743 / Sq Ft
06/29/2021 06/29/21 Price Changed $424,900 0.0% $752 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $424,900 -- $752 / 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 $3,027 $458,340 $137,500 $320,840
2023 $2,942 $444,810 $133,440 $311,370
2022 $3,102 $457,410 $137,220 $320,190
2021 $3,505 $463,830 $139,150 $324,680
2020 $3,916 $460,760 $138,230 $322,530
2019 $3,884 $456,950 $137,080 $319,870
2018 $3,794 $446,400 $0 $0
2017 $3,794 $446,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Swank

    Seller's Agent in 2021

    Steve Swank

    McWilliams/Ballard, Inc.

    (202) 841-7965

    2 in this area

    174 Total Sales

    Section Image
  • Keri Shull

    Buyer's Agent in 2021

    Keri Shull

    EXP Realty, LLC

    (703) 947-0991

    14 in this area

    2,609 Total Sales

    Section Image
  • Brad Thornton

    Buyer Co-Listing Agent in 2021

    Brad Thornton

    Washington Fine Properties

    (703) 927-2525

    2 in this area

    23 Total Sales

    Section Image
See All Agents

About This Building

Map

Source: Bright MLS

MLS Number: DCDC519618

Bright MLS

APN: 0473-2054

District of Columbia District of Columbia County Washington 20024 Southwest DC

525 Water St SW Unit 309, Washington, DC

This home is located at 525 Water St SW Unit 309, Washington, DC 20024 since 30 April 2021 and is currently estimated at $436,094, approximately $771 per square foot. This property was built in 2016. 525 Water St SW Unit 309 is a home located in District of Columbia with nearby schools including Amidon-Bowen Elementary School, Jefferson Middle School Academy, and Eastern High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes