NOT LISTED FOR SALE

525 Water St SW, Unit 311 Washington, DC 20024

Southwest DC Neighborhood

Estimated Value: $410,000 - $503,000

1 Bed
1 Bath
540 Sq Ft
$402/mo HOA Fee

Last Sold August 28, 2017

Last sale price $409,900 $759 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,127/month

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 August 2017

Move-in Ready! 1 bedroom, 1 bath residence in new construction condominium. This unit features floor to ceiling windows and modern finishes. 525 Water is adjacent to Waterfront Park, a 3.5-acre park and conveniently next to The Wharf!

Last Agent to Sell the Property

Lynn Tsao

Hoffman Realty License #0225268490 Listed on: 05/05/2017

Last Buyer's Agent

Jason Mandel

Washington Fine Properties License #0225177848

Washington Fine Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,310

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • Property is in very good condition

HOA Fees

  • $402 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 540 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

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 2056
  • Assessor Parcel Number NO ID

Community Details

Overview

  • Moving Fees Required
  • Association fees include gas, sewer, water, trash, snow removal, management, insurance, reserve funds, lawn maintenance
  • 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, parking rules

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

$3,310

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$402 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, Level Entry - Main
  • Ownership: Condominium
  • New Construction: Yes
  • Story List: Main
  • Year Built: 2016
  • Remarks Public: Move-in Ready! 1 bedroom, 1 bath residence in new construction condominium. This unit features floor to ceiling windows and modern finishes. 525 Water is adjacent to Waterfront Park, a 3.5-acre 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: 540
  • Living Area Sq Ft: 540
  • Price Per Sq Ft: 759.07
  • Above Grade Finished Sq Ft: 540
  • 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: 401.79
  • 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, Lawn Maintenance
  • HOA Condo Co-Op Rules: Covenants, Pets - Allowed, Moving Fees Required, Moving In Times, Parking
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • 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: 2056
  • Close Date: 08/28/2017

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2017
Closed on
Aug 28, 2017
Sold by
Rwp Llc A District Of Columbia Limited L
Bought by
Carlton Isabella D and D'Alessandro Catherine
Seller's Agent
Lynn Tsao
Hoffman Realty
Buyer's Agent
Jason Mandel
Washington Fine Properties
List Price
$409,900
Sold Price
$409,900
Current Estimated Value
$459,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,694
Avg. Annual Appreciation
1.10%
Original Mortgage
$307,425
Interest Rate
3.96%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Carlton Isabella D $409,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlton Isabella D $300,500
Closed Carlton Isabella D $307,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2017 08/28/17 Sold $409,900 0.0% $759 / Sq Ft
08/02/2017 08/02/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $409,900 -- $759 / 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 $3,310 $491,620 $147,490 $344,130
2023 $3,190 $473,970 $142,190 $331,780
2022 $3,225 $471,820 $141,550 $330,270
2021 $3,268 $474,170 $142,250 $331,920
2020 $3,228 $478,620 $143,590 $335,030
2019 $2,941 $444,370 $133,310 $311,060
2018 $2,686 $389,400 $0 $0
2017 $3,310 $389,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynn Tsao

    Seller's Agent in 2017

    Lynn Tsao

    Hoffman Realty

    (202) 302-3060

    54 in this area

    70 Total Sales

    Lynn Tsao
    Section Image
  • Jason Mandel

    Buyer's Agent in 2017

    Jason Mandel

    Washington Fine Properties

    (202) 498-0208

    34 Total Sales

    Jason Mandel
    Section Image
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About This Building

Map

Source: Bright MLS

MLS Number: 1001388713

Bright MLS

APN: 0473-2056

District of Columbia District of Columbia County Washington 20024 Southwest DC

525 Water St SW Unit 311, Washington, DC

This home is located at 525 Water St SW Unit 311, Washington, DC 20024 since 05 May 2017 and is currently estimated at $459,594, approximately $851 per square foot. This property was built in 2016. 525 Water St SW Unit 311 is a home located in District of Columbia with nearby schools including Amidon-Bowen Elementary School, Jefferson Middle School Academy, and Eastern High School.

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