2
Beds
2
Baths
975
Sq Ft
$1,185/mo
HOA Fee
Highlights
- Concierge
- 4-minute walk to Waterfront-Seu
- Open Floorplan
- Fitness Center
- Eat-In Gourmet Kitchen
- 3-minute walk to Southwest Waterfront Park
About This Home
As of July 2025Stunning 2 bedroom, 2 bathroom southwest-facing residence with water and park views, private balcony WITH garage parking included! This home spans 975 square feet, offering modern designer finishes, high ceilings, recessed lighting, and all the amenities you need without having to leave the comfort of your building.
As you enter, an open floor plan seamlessly integrates the living, dining, and kitchen areas, perfect for both entertaining and relaxation. The kitchen features sleek cabinets, a floating island, a full suite of stainless steel appliances, and ample counter space with under-cabinet lighting. Once you step out onto your private balcony, you will be taken back by the vibrant cityscape park and waterfront views.
The primary suite has an en-suite bathroom with a soaking tub, access to the balcony, and a spacious walk-in closet with custom shelves. The secondary bedroom offers guests or a home office flexibility, catering to your lifestyle needs. Across the hall is a full bathroom with a convenient in-unit washer and dryer, ensuring effortless daily living. The condo fee includes heat, gas, water, staff, and amenities (parking, gym, lounge, outdoor grilling area). Electric fees are very low due to the energy-efficient system.
This 4-story condo building, on the banks of the Potomac River/Washington Channel, defines a new kind of urban living in Washington, DC. The building has been described as a serene retreat and it truly is an accurate description. The condo building features a business center, front-desk concierge, conference room, fitness center, and a large shared courtyard with a beautiful garden!
With such an amazing location, Southwest DC will be your playground with endless entertainment right at your doorstep. The Wharf, Navy Yard, and Buzzard Point are steps from home where you can enjoy festivals, concerts, dining, and nightlife. You're also located moments from Nats Park and Audi Field to enjoy games. Safeway and the SW Farmers Market are conveniently located on the next block. With Waterfront Metro just one block away (L'Enfant .7 miles away), and Route 695/395 you will have easy commutes in and out of town.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,118
Year Built
- Built in 2016
HOA Fees
- $1,185 Monthly HOA Fees
Parking
Home Design
- Contemporary Architecture
Interior Spaces
- Property has 1 Level
- Open Floorplan
- Recessed Lighting
- Window Treatments
- Dining Area
- Wood Flooring
Kitchen
- Eat-In Gourmet Kitchen
- Breakfast Area or Nook
- Gas Oven or Range
- Stove
- Built-In Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Bathroom
- 2 Full Bathrooms
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Home Security
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 2064
- Assessor Parcel Number 0473//2064
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, gas, insurance, parking fee, sewer, snow removal, trash, water
- Low-Rise Condominium
- 525 Water St Condos
- Built by PN Hoffman
- 525 Water Condominium Community
- Southwest Waterfront Subdivision
- Property Manager
Amenities
- Concierge
- Common Area
- Party Room
Recreation
Pet Policy
- Dogs and Cats Allowed
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2025
Closed on
Jul 24, 2025
Sold by
Schop Susan Bonnie and Schop Derek V
Bought by
Ratner Benjamin Noah
Seller's Agent
Andy Peers
Compass
Buyer's Agent
David Snider
Compass
List Price
$799,900
Sold Price
$730,000
Premium/Discount to List
-$69,900
-8.74%
Views
16
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.12%
Original Mortgage
$474,500
Outstanding Balance
$474,500
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$276,121
Purchase Details
Closed on
Feb 5, 2024
Sold by
Otto Susan and Schop Derek V
Bought by
Schop Susan Bonnie and Schop Derek V
Purchase Details
Listed on
Apr 1, 2022
Closed on
Jul 8, 2022
Sold by
Witek Jr Walter J
Bought by
Otto Susan and Schop Derek V
Seller's Agent
Brent Jackson
TTR Sotheby's International Realty
Buyer's Agent
Jared Russell
Real Broker, LLC
List Price
$899,500
Sold Price
$841,500
Premium/Discount to List
-$58,000
-6.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.56%
Purchase Details
Closed on
Oct 13, 2020
Sold by
Witek Walter Joseph and The Walter Joseph Witek Jr Rev
Bought by
Witek Walter Joseph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in Washington, DC
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $730,000 | Allied Title & Escrow | |
| Deed | -- | None Listed On Document | |
| Deed | $841,500 | First American Title | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $474,500 | New Conventional | |
| Previous Owner | $423,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Sold | $730,000 | -2.7% | $749 / Sq Ft |
| 06/19/2025 06/19/25 | Price Changed | $749,900 | -6.3% | $769 / Sq Ft |
| 06/03/2025 06/03/25 | For Sale | $799,900 | -4.9% | $820 / Sq Ft |
| 07/08/2022 07/08/22 | Sold | $841,500 | -6.4% | $868 / Sq Ft |
| 05/12/2022 05/12/22 | Pending | -- | -- | -- |
| 04/01/2022 04/01/22 | For Sale | $899,500 | -- | $927 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,901 | $709,360 | $212,810 | $496,550 |
| 2023 | $4,977 | $684,290 | $205,290 | $479,000 |
| 2022 | $5,234 | $708,170 | $212,450 | $495,720 |
| 2021 | $5,406 | $725,690 | $217,710 | $507,980 |
| 2020 | $5,507 | $723,580 | $217,070 | $506,510 |
| 2019 | $5,405 | $710,750 | $213,220 | $497,530 |
| 2018 | $5,593 | $731,400 | $0 | $0 |
| 2017 | $6,217 | $731,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Andy Peers
Seller's Agent in 2025
Andy Peers
Compass
(301) 370-4499
67 in this area
181 Total Sales
-
David Snider
Buyer's Agent in 2025
David Snider
Compass
(202) 667-4466
3 in this area
27 Total Sales
-
Sina Mollaan
Buyer Co-Listing Agent in 2025
Sina Mollaan
Compass
(202) 270-7462
24 in this area
680 Total Sales
-
Brent Jackson
Seller's Agent in 2022
Brent Jackson
TTR Sotheby's International Realty
(202) 263-9200
7 in this area
283 Total Sales
-
Robert Sanders
Seller Co-Listing Agent in 2022
Robert Sanders
TTR Sotheby's International Realty
(202) 744-6463
9 in this area
333 Total Sales
-
Jared Russell
Buyer's Agent in 2022
Jared Russell
Real Broker, LLC
(301) 798-6100
2 in this area
128 Total Sales
About This Building
Map
Source: Bright MLS
MLS Number: DCDC2203886
APN: 0473-2064
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