$749,900
UNDER CONTRACT

Estimated payment $5,515/month

Total Views 1,549
2 Beds
2 Baths
975 Sq Ft
$769 Price per Sq Ft

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

Stunning 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.

Listing Agent

Andy Peers

Compass Listed on: 06/03/2025

Compass

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
  • <<builtInMicrowave>>
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • <<tubWithShowerToken>>
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,118

Year Built

Built in 2016

Lot Details

0

HOA Fees

$1,185 per month

Parking

1

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: No
  • Story List: Main
  • Year Built: 2016
  • Automatically Close On Close Date: No
  • Remarks Public: Stunning 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.
  • Washer Dryer Hookups YN: Yes
  • Special Features: UnderContract
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Front Loading, Icemaker, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Stove, Washer - Front Loading, Washer/Dryer Stacked
  • Entry Floor: 3
  • Flooring Type: Wood
  • Interior Amenities: Bathroom - Tub Shower, Breakfast Area, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Window Treatments, Wood Floors, Bathroom - Stall Shower
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1950
  • Living Area Sq Ft: 975
  • Price Per Sq Ft: 769.13
  • Above Grade Finished Sq Ft: 975
  • Above Grade Unfinished Sq Ft: 975
  • 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
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • 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: Underground
  • 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: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1185.20
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: 525 Water St
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Exercise Room, Party Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Gas, Insurance, Parking Fee, 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

  • Outdoor Living Structures: Balcony
  • Soil Types: Unknown
  • 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: 2118.00
  • Assessor Parcel Number: 0473//2064
  • Tax Lot: 2064
  • Tax Year: 2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

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 $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

Property History

Date Event Price Change Sq Ft Price
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

Purchase History

Date Type Sale Price Title Company
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
Previous Owner $423,000 Adjustable Rate Mortgage/ARM
Source: Public Records

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Source: Bright MLS

MLS Number: DCDC2203886

Bright MLS

APN: 0473-2064