$698,750
PENDING

525 Water St SW, Unit 316 Washington, DC 20024

Southwest DC Neighborhood

Estimated payment $5,366/month

Total Views 1,339
2 Beds
2 Baths
925 Sq Ft
$755 Price per Sq Ft

Highlights

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

About This Home

This modern 2-bedroom, 2-bathroom condo with park and water views, features an open floor plan seamlessly connecting the spacious kitchen to the bright living room. The kitchen is anchored by an island with seating and offers stainless steel appliances, while the living room features dramatic near floor-to-ceiling windows with leafy views. Retreat to the primary suite, where a custom walk-in closet keeps your wardrobe organized and a sleek en suite bathroom with a wide vanity and shower ideal for getting ready or winding down. The second bedroom features a convenient Murphy bed that conveys. A washer/dryer and garage parking space complete this contemporary condo in The Wharf 2 blocks to Metro.

Living in The Wharf means being part of a dynamic waterfront community that blends historic charm with modern energy. Residents enjoy immediate access to the nation’s oldest open-air fish market, and a lively scene of over 80 restaurants, bars, shops, and entertainment venues, including acclaimed music halls and theaters.

Listing Agent

Rob Carter

TTR Sotheby's International Realty License #BR698878 Listed on: 07/17/2025

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,148

Year Built

  • Built in 2016

HOA Fees

  • $1,054 Monthly HOA Fees

Parking

  • Assigned parking located at #G1-52
  • Garage Door Opener

Home Design

  • Contemporary Architecture

Interior Spaces

  • 925 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Living Room

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Schools

  • Amidon-Bowen Elementary School
  • Jefferson Middle School Academy
  • Wilson Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Patio

Listing and Financial Details

  • Tax Lot 2061
  • Assessor Parcel Number 0473//2061

Community Details

Overview

  • Association fees include water, sewer, gas, parking fee, common area maintenance, exterior building maintenance, management
  • Mid-Rise Condominium
  • 525 Water Condos
  • Built by PN Hoffman
  • The Wharf Subdivision
  • Property Manager

Amenities

  • Concierge
  • Picnic Area
  • Party Room

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,148

Year Built

Built in 2016

Lot Details

0

HOA Fees

$1,054 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 7/17/2025 12:00:00 AM
  • Year Built: 2016
  • Assigned Parking Space Numbers: G1-52
  • Automatically Close On Close Date: No
  • Remarks Public: This modern 2-bedroom, 2-bathroom condo with park and water views, features an open floor plan seamlessly connecting the spacious kitchen to the bright living room. The kitchen is anchored by an island with seating and offers stainless steel appliances, while the living room features dramatic near floor-to-ceiling windows with leafy views. Retreat to the primary suite, where a custom walk-in closet keeps your wardrobe organized and a sleek en suite bathroom with a wide vanity and shower ideal for getting ready or winding down. The second bedroom features a convenient Murphy bed that conveys. A washer/dryer and garage parking space complete this contemporary condo in The Wharf 2 blocks to Metro. <br> <br> Living in The Wharf means being part of a dynamic waterfront community that blends historic charm with modern energy. Residents enjoy immediate access to the nation’s oldest open-air fish market, and a lively scene of over 80 restaurants, bars, shops, and entertainment venues, including acclaimed music halls and theaters.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Stove, Stainless Steel Appliances
  • Entry Floor: 3
  • Interior Amenities: Ceiling Fan(s), Window Treatments, Bathroom - Walk-In Shower, Breakfast Area, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Walk-In Closet(s), Recessed Lighting
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Total Sq Ft: 925
  • Living Area Sq Ft: 925
  • Price Per Sq Ft: 755.41
  • Above Grade Finished Sq Ft: 925
  • 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, Below Grade
  • Construction Materials: Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Covered Parking, Underground, Garage Door Opener
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1054.02
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: 525 Water
  • HOA Condo Co-Op Amenities: Concierge, Fitness Center, Party Room, Picnic Area
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Gas, Parking Fee, Common Area Maintenance, Ext Bldg Maint, Management
  • HOA: No
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: AMIDON-BOWEN
  • Middle School: JEFFERSON MIDDLE SCHOOL ACADEMY
  • High School: WILSON SENIOR
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140357950
  • School District Source: 3rd Party
  • Elementary School: AMIDON-BOWEN
  • High School: WILSON SENIOR
  • Middle Or Junior School: JEFFERSON MIDDLE SCHOOL ACADEMY

Lot Info

  • Outdoor Living Structures: Patio(s)
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2024
  • Zoning: MU-12, R-3
  • In City Limits: Yes

Building Info

  • Builder Name: PN Hoffman

Rental Info

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

Tax Info

  • Tax Annual Amount: 6148.00
  • Assessor Parcel Number: 0473//2061
  • Tax Lot: 2061
  • Tax Total Finished Sq Ft: 851
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

About This Building

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $6,148 $738,480 $221,540 $516,940
2023 $5,877 $706,060 $211,820 $494,240
2022 $6,032 $723,450 $217,030 $506,420
2021 $5,859 $740,750 $222,220 $518,530
2020 $5,633 $738,390 $221,520 $516,870
2019 $6,170 $725,830 $217,750 $508,080
2018 $6,136 $721,900 $0 $0
2017 $6,136 $721,900 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Pending -- -- --
07/17/2025 07/17/25 For Sale $698,750 -2.3% $755 / Sq Ft
12/30/2020 12/30/20 Sold $715,000 -1.4% $773 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $725,000 -- $784 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $715,000 None Available
Special Warranty Deed $759,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $679,250 Purchase Money Mortgage
Previous Owner $575,000 Adjustable Rate Mortgage/ARM
Previous Owner $50,000 Stand Alone Second
Previous Owner $607,920 New Conventional
Source: Public Records

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Source: Bright MLS

MLS Number: DCDC2210008

Bright MLS

APN: 0473-2061

District of Columbia District of Columbia County Washington 20024 Southwest DC

525 Water St SW Unit 316, Washington, DC

This home is located at 525 Water St SW Unit 316, Washington, DC 20024 and is currently priced at $698,750, approximately $755 per square foot. This property was built in 2016. 525 Water St SW Unit 316 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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Nearby Homes
Rob Carter
Listing Agent
Rob Carter
Section Image
TTR Sotheby's International Realty
(202) 250-9470