Seller's Agent in 2023
Evan Lacopo
McEnearney Associates
(703) 655-7955
1 in this area
39 Total Sales
Estimated Value: $720,779 - $988,000
2
Beds
2
Baths
1,025
Sq Ft
$894/mo
HOA Fee
Highlights
- Concierge
- 4-minute walk to Waterfront-Seu
- Open Floorplan
- Water Views
- Fitness Center
- 3-minute walk to Southwest Waterfront Park
About This Home
As of July 2023**Open Sunday 6/4 from 11am - 1pm** Price Reduced! Welcome to the penthouse at 525 Water, an urban oasis in the heart of The Wharf with stunning river and skyline views. Unit 410 features two level living that is flooded with natural light that shines through the floor to ceiling windows. The main level features 10’+ ceilings and an open floor plan with beautiful hardwoods. The gourmet, eat-in kitchen is outfitted with quartz countertops, Bosch appliances and custom Porcelanosa cabinetry. Directly adjacent to the kitchen is a nicely sized flex space that can be used as a formal living area or casual family room. Oversized sliding glass doors lead to a Juliet balcony with stunning views. The secondary bedroom located off the living area has access to a 2nd Juliet balcony. There is also direct access to a full bath on the main level. A modern, steel staircase will lead you to the upper level where you’ll find a secluded primary retreat that features a spa like bath, a custom, oversized walk-in closet and stackable laundry closet. If that wasn’t enough, prepare to be wowed by over 230 sq ft of rooftop terrace with stunning water and urban views. Imagine drinking coffee in the morning or alfresco dining with friends in the evening. The gas firepit is there to be enjoyed while watching the sunset and planes fly over the Jefferson Memorial. Truly a remarkable way to start or end your day in the comfort of your own home. Originally built in 2016, 525 Water delivers modern architecture coupled with open green space and luxury amenities, like concierge services, a fitness studio, residents’ club and an open, manicured courtyard and terrace with grills. There is secure underground parking, and Unit 410 includes one assigned garage parking space. The building’s location provides prime access to all things life at The Wharf offers: fine dining, boutique and locally-owned retail, The Anthem, numerous hotels and spas and beyond. 525 Water is also surrounded by an array of waterfront neighborhood amenities, including the 3.5-acre “Waterfront Park” and an 1.5-acre park “The Green,” and of course, the marina itself offering a variety of water adventures - and memories - to be made along the Potomac River. *All SqFt is approximate*
Last Agent to Sell the Property
(703) 655-7955 elacopo@ttrsir.com Corcoran McEnearney License #0225076795 Listed on: 04/06/2023
Last Buyer's Agent
datacorrect@brightmls.com Non Subscribing Office License #0225194075
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,914
Year Built
- Built in 2016
Lot Details
- 436
HOA Fees
- $894 Monthly HOA Fees
Parking
- Subterranean Parking
- Lighted Parking
- Side Facing Garage
- Garage Door Opener
- Parking Fee
- Secure Parking
Property Views
- City
Home Design
- Contemporary Architecture
- Entry on the 4th floor
- Brick Exterior Construction
- Metal Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,025 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Ceiling height of 9 feet or more
- Recessed Lighting
- Living Room
Kitchen
- Stove
- Built-In Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- Walk-In Closet
- Bathtub with Shower
Laundry
- Laundry on upper level
- Stacked Washer and Dryer
Home Security
Utilities
- Central Heating and Cooling System
- Natural Gas Water Heater
Additional Features
- Accessible Elevator Installed
- Terrace
- Sprinkler System
Listing and Financial Details
- Tax Lot 2086
- Assessor Parcel Number 0473//2086
Community Details
Overview
- Association fees include sewer, water, trash, snow removal, management, insurance, reserve funds, common area maintenance
- Low-Rise Condominium
- 525 Water Condominium Condos
- Built by PN HOFFMAN
- 525 Water Condominium Community
- Southwest Waterfront Subdivision
- Property Manager
Amenities
- Concierge
- Common Area
- Meeting Room
Recreation
Pet Policy
- Dogs and Cats Allowed
Security
- Front Desk in Lobby
- Resident Manager or Management On Site
- Fire and Smoke Detector
- Fire Sprinkler System
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 6, 2023
Closed on
Jul 28, 2023
Sold by
Mary Bess Mcwherter Trust
Bought by
Edward Marshall Rozynski Trust and Rozynski
Seller's Agent
Evan Lacopo
Corcoran McEnearney
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$1,100,000
Sold Price
$915,000
Premium/Discount to List
-$185,000
-16.82%
Views
54
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,159
Avg. Annual Appreciation
-4.00%
Purchase Details
Listed on
Feb 24, 2017
Closed on
May 23, 2017
Sold by
Rwp Llc A District Of Columbia Limited L
Bought by
Mcwherter Mary Bess and Mcwherter Michael Ray
Seller's Agent
Lynn Tsao
Hoffman Realty
Buyer's Agent
Daniel Lusk
McWilliams/Ballard Inc.
List Price
$844,900
Sold Price
$884,900
Premium/Discount to List
$40,000
4.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.54%
Original Mortgage
$484,900
Interest Rate
4.08%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Edward Marshall Rozynski Trust | $915,000 | None Listed On Document | |
| Mcwherter Mary Bess | $884,900 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mcwherter Mary Bess | $484,900 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/31/2023 07/31/23 | Sold | $915,000 | -8.5% | $893 / Sq Ft | |
| 06/02/2023 06/02/23 | Price Changed | $1,000,000 | -4.8% | $976 / Sq Ft | |
| 04/27/2023 04/27/23 | Price Changed | $1,050,000 | -4.5% | $1,024 / Sq Ft | |
| 04/06/2023 04/06/23 | For Sale | $1,100,000 | +24.3% | $1,073 / Sq Ft | |
| 05/23/2017 05/23/17 | Sold | $884,900 | +4.7% | $863 / Sq Ft | View Prior Sale |
| 04/19/2017 04/19/17 | Pending | -- | -- | -- | |
| 02/28/2017 02/28/17 | For Sale | $844,900 | -4.5% | $824 / Sq Ft | |
| 02/24/2017 02/24/17 | Off Market | $884,900 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $7,412 | $887,600 | $266,280 | $621,320 |
| 2024 | $6,977 | $836,010 | $250,800 | $585,210 |
| 2023 | $6,663 | $798,600 | $239,580 | $559,020 |
| 2022 | $6,914 | $827,210 | $248,160 | $579,050 |
| 2021 | $7,103 | $848,930 | $254,680 | $594,250 |
| 2020 | $7,199 | $846,920 | $254,080 | $592,840 |
| 2019 | $6,998 | $823,280 | $246,980 | $576,300 |
| 2018 | $6,823 | $802,650 | $0 | $0 |
| 2017 | $6,823 | $802,650 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Evan Lacopo
-
datacorrect BrightMLS
d
Buyer's Agent in 2023
datacorrect BrightMLS
Non Subscribing Office
-
Lynn Tsao
Seller's Agent in 2017
Lynn Tsao
Hoffman Realty
(202) 302-3060
53 in this area
72 Total Sales
-
S
Seller Co-Listing Agent in 2017
Samuel Wilson
Hoffman Realty
-
Daniel Lusk
Buyer's Agent in 2017
Daniel Lusk
McWilliams/Ballard Inc.
(202) 412-8885
239 Total Sales
About This Building
Map
Source: Bright MLS
MLS Number: DCDC2090516
APN: 0473-2086
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