$574,999

525 Water St SW, Unit 326 Washington, DC 20024

Southwest DC Neighborhood

Estimated payment $4,313/month

Total Views 11,866
1 Bed
1 Bath
672 Sq Ft
$856 Price per Sq Ft

Highlights

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

About This Home

This spacious 1 Bedroom, 1 Bathroom residence features an open floorplan with floor-to-ceiling windows, 10’ ceilings, and a gourmet kitchen equipped with Porcelanosa cabinetry, Bosch appliances, quartz countertops, and a generous island perfect for entertaining guests.

Unit 326 is sun-drenched with eastern exposure and two Juliet balconies. The unit is ADA compliant with wide hallways, a massive bathroom, and two full-sized closets, and also includes a highly sought-after garage parking space.

525 Water, delivered by Hoffman & Associates in 2016, blends modern architecture with serene green spaces. Conveniently located just steps from the Marina and vibrant Wharf Promenade, 525 Water features a concierge, lobby with coffee bar, fitness studio, residents' lounge, and spacious landscaped courtyard. With its unrivaled location, contemporary finishes, and modern luxuries, 525 Water is the ultimate urban oasis.

Listing Agent

Donovan Tyson

Compass License #0225248430 Listed on: 11/10/2024

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,257

Year Built

  • Built in 2016

HOA Fees

  • $783 Monthly HOA Fees

Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Vegetated Roof

Interior Spaces

  • 672 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more
  • Lowered Light Switches
  • Doors with lever handles
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Schools

  • Amidon-Bowen Elementary School
  • Jefferson Middle School Academy
  • Eastern High School

Utilities

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

Listing and Financial Details

  • Tax Lot 2071
  • Assessor Parcel Number 0473//2071

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, management, reserve funds, sewer, trash, water, exterior building maintenance
  • Mid-Rise Condominium
  • 525 Water St Condos
  • Built by Hoffman & Associates
  • 525 Water Condominium Community
  • Southwest Waterfront Subdivision
  • Property Manager

Amenities

  • Concierge
  • Bar or Lounge
  • 2 Elevators

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,257

Year Built

Built in 2016

Lot Details

0

HOA Fees

$783 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: 2+ Access Exits, 32"+ Wide Doors, 36"+ Wide Halls, Accessible Switches/Outlets, Doors - Lever Handle(s), Elevator
  • Ownership: Condominium
  • Exclusions: Call Agent
  • Inclusions: Call Agent
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2016
  • Remarks Public: This spacious 1 Bedroom, 1 Bathroom residence features an open floorplan with floor-to-ceiling windows, 10’ ceilings, and a gourmet kitchen equipped with Porcelanosa cabinetry, Bosch appliances, quartz countertops, and a generous island perfect for entertaining guests. Unit 326 is sun-drenched with eastern exposure and two Juliet balconies. The unit is ADA compliant with wide hallways, a massive bathroom, and two full-sized closets, and also includes a highly sought-after garage parking space. 525 Water, delivered by Hoffman & Associates in 2016, blends modern architecture with serene green spaces. Conveniently located just steps from the Marina and vibrant Wharf Promenade, 525 Water features a concierge, lobby with coffee bar, fitness studio, residents' lounge, and spacious landscaped courtyard. With its unrivaled location, contemporary finishes, and modern luxuries, 525 Water is the ultimate urban oasis.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Fireplace: No
  • Elevators Count: 2
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 672
  • Living Area Sq Ft: 672
  • Price Per Sq Ft: 855.65
  • Above Grade Finished Sq Ft: 672
  • 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, Below Grade
  • Construction Materials: Brick
  • Roof: Flat, Vegetated
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • 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: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 783.22
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: 525 Water St
  • HOA Condo Co-Op Amenities: Concierge, Bar/Lounge, Elevator, Fitness Center
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Management, Reserve Funds, Sewer, Trash, Water, Ext Bldg Maint
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: AMIDON-BOWEN
  • Middle School: JEFFERSON MIDDLE SCHOOL ACADEMY
  • High School: EASTERN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121140357950
  • School District Source: Listing Agent
  • Elementary School: AMIDON-BOWEN
  • High School: EASTERN
  • Middle Or Junior School: JEFFERSON MIDDLE SCHOOL ACADEMY

Lot Info

  • Horses: No
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2024
  • Zoning: URBAN LAND
  • In City Limits: Yes

Building Info

  • Builder Name: Hoffman & Associates

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 4257.00
  • Assessor Parcel Number: 0473//2071
  • Tax Lot: 2071
  • Tax Total Finished Sq Ft: 616
  • Tax Data Updated: No
  • 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 $4,257 $516,010 $154,800 $361,210
2023 $4,123 $499,780 $149,930 $349,850
2022 $4,261 $515,020 $154,510 $360,510
2021 $4,342 $524,060 $157,220 $366,840
2020 $4,430 $521,230 $156,370 $364,860
2019 $4,380 $515,290 $154,590 $360,700
2018 $4,239 $498,650 $0 $0
2017 $4,239 $498,650 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 Price Changed $574,999 -4.2% $856 / Sq Ft
03/03/2025 03/03/25 Price Changed $599,999 -4.0% $893 / Sq Ft
11/10/2024 11/10/24 For Sale $625,000 -- $930 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $524,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Adjustable Rate Mortgage/ARM
Source: Public Records

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Source: Bright MLS

MLS Number: DCDC2168074

Bright MLS

APN: 0473-2071

District of Columbia District of Columbia County Washington 20024 Southwest DC

525 Water St SW Unit 326, Washington, DC

This home is located at 525 Water St SW Unit 326, Washington, DC 20024 and is currently priced at $574,999, approximately $855 per square foot. This property was built in 2016. 525 Water St SW Unit 326 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
Donovan Tyson
Listing Agent
Donovan Tyson
Section Image
Compass
(703) 400-6615