NOT LISTED FOR SALE

Estimated Value: $1,265,000 - $1,582,000

3 Beds
3 Baths
1,724 Sq Ft
$1,520/mo HOA Fee

Last Sold July 18, 2023

Last sale price $1,460,000 $847 Per Sq Ft

Current estimated payment $10,535/month

49 Days on Market

Highlights

  • Concierge
  • 4-minute walk to Waterfront-Seu
  • Gourmet Kitchen
  • Fitness Center
  • Water Oriented
  • 3-minute walk to Southwest Waterfront Park

About This Home

As of July 2023

Rarely available 3 bedroom, 3 bathroom condo located just a few steps from The Wharf! Enjoy over 1700 square feet of luxury in the beautiful 525 Water Street SW building! Upon entering the building walk into the well appointed lobby with a concierge waiting to assist. Enjoy the use of amenities such as the exercise room, common space and recreation room. This modernly finished condo is an open concept that features a gorgeous kitchen with stainless steel Frigidaire Gallery and Bosch appliances, Porcelanosa tile, an island, quartz countertops, gas range and premium soft close cabinetry. This unit also boasts a partial water view, 9 foot ceilings, custom Hunter Douglas motorized shades, spacious bedrooms, plenty of room for entertainment in the family/living room area, upper level loft, huge walk-in custom closets, wall to ceiling windows, Juliet balconies and a large private rooftop terrace. No need to stress about parking because this lovely unit comes with 2 assigned full size parking spaces as a bonus. This building is conveniently located with easy access to all the shops and restaurants along the Wharf as well as a short ride to 395 to access Maryland and Virginia. High walkable (88), biking (88) and transit (79) scores on walkscore.com. Park nearby to walk your dog or to relax . What are you waiting for? View the virtual tour and schedule your appointment today! This gem won't last long!

Last Agent to Sell the Property

Syreeta Saunders- Keys

EXP Realty, LLC License #578725 Listed on: 04/27/2023

EXP Realty, LLC

Last Buyer's Agent

Katrina Schymik Abjornson

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,142

Year Built

  • Built in 2016

Lot Details

  • 784

HOA Fees

  • $1,520 Monthly HOA Fees

Parking

  • Parking Fee

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,724 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Loft

Kitchen

  • Gourmet Kitchen
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Outdoor Features

  • Water Oriented
  • River Nearby
  • Terrace

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 0473//2096

Community Details

Overview

  • Association fees include gas, lawn maintenance, management, sewer, snow removal, trash, water
  • $70 Other Monthly Fees
  • Low-Rise Condominium
  • 525 Water Street Condominium Condos
  • 525 Water Condominium Community
  • Southwest Waterfront Subdivision
  • Property Manager

Amenities

  • Concierge
  • Common Area
  • Meeting Room

Recreation

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,142

Year Built

Built in 2016

Lot Details

0

HOA Fees

$1,520 per month

Parking

2

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, Upper 1
  • Expected On Market: 2023-04-27
  • Year Built: 2016
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Exhaust Fan, Icemaker, Refrigerator, Stove, Washer/Dryer Stacked
  • Entry Floor: 4
  • Flooring Type: Carpet, Engineered Wood, Ceramic Tile
  • Interior Amenities: Combination Kitchen/Dining, Kitchen - Gourmet, Kitchen - Island, Ceiling Fan(s), Primary Bath(s), Upgraded Countertops, Walk-In Closet(s), Floor Plan - Open, Family Room Off Kitchen
  • Fireplace: No
  • Levels Count: 2
  • Room List: Bedroom 2, Bedroom 3, Bedroom 1, Loft, Bathroom 1, Bathroom 2, Bathroom 3
  • Basement: No
  • Laundry Type: Hookup, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1724
  • Living Area Sq Ft: 1724
  • Price Per Sq Ft: 878.77
  • Above Grade Finished Sq Ft: 1724
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 525

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Water Body Name: Potomac
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Parking Fee
  • Garage Features: Underground
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Central
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1520.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: 525 Water Street Condominium
  • HOA Condo Co-Op Amenities: Exercise Room, Elevator, Concierge, Common Grounds, Meeting Room
  • HOA Condo Co-Op Fee Includes: Gas, Lawn Maintenance, Management, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Other Fees: 70.00
  • Other Fees Frequency: Monthly

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Outdoor Living Structures: Terrace, Balcony
  • Property Condition: Very Good
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2020
  • Zoning: UNK
  • In City Limits: No

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 12142.00
  • Assessor Parcel Number: 0473//2096
  • Tax Year: 2020
  • Close Date: 07/18/2023

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Jul 17, 2023
Sold by
Brooks Thomas D and Barber-Brooks Monica R
Bought by
Kyla R Dsa Trust and Dsa
Seller's Agent
Syreeta Saunders- Keys
EXP Realty, LLC
Buyer's Agent
Katrina Schymik Abjornson
Compass
List Price
$1,565,000
Sold Price
$1,460,000
Premium/Discount to List
-$105,000
-6.71%
Views
24
Current Estimated Value
$1,461,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,523
Avg. Annual Appreciation
-1.71%

Purchase Details

Listed on
May 5, 2017
Closed on
Mar 22, 2018
Sold by
Rwp Llc A District Of Columbia Limited L
Bought by
Brooks Thomas D and Barber-Brooks Monica R
Seller's Agent
Lynn Tsao
Hoffman Realty
Buyer's Agent
Syreeta Saunders- Keys
EXP Realty, LLC
List Price
$1,389,900
Sold Price
$1,229,900
Premium/Discount to List
-$160,000
-11.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%
Original Mortgage
$983,920
Interest Rate
4.32%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kyla R Dsa Trust $1,460,000 Westcor Land Title Insurance C
Brooks Thomas D $1,229,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brooks Thomas D $1,057,000
Previous Owner Brooks Thomas D $983,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2023 07/18/23 Sold $1,460,000 -3.6% $847 / Sq Ft
06/02/2023 06/02/23 Price Changed $1,515,000 -1.9% $879 / Sq Ft
05/21/2023 05/21/23 Price Changed $1,545,000 -1.3% $896 / Sq Ft
04/28/2023 04/28/23 For Sale $1,565,000 +7.2% $908 / Sq Ft
04/27/2023 04/27/23 Off Market $1,460,000 -- --
04/27/2023 04/27/23 For Sale $1,565,000 0.0% $908 / Sq Ft
09/14/2021 09/14/21 Rented $5,700 +3.6% --
09/13/2021 09/13/21 Under Contract -- -- --
08/02/2021 08/02/21 For Rent $5,500 0.0% --
03/22/2018 03/22/18 Sold $1,229,900 -3.1% $681 / Sq Ft
12/15/2017 12/15/17 Pending -- -- --
11/22/2017 11/22/17 Price Changed $1,269,900 -5.2% $704 / Sq Ft
09/22/2017 09/22/17 Price Changed $1,339,900 -3.6% $742 / Sq Ft
05/05/2017 05/05/17 For Sale $1,389,900 -- $770 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

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 $12,156 $1,445,340 $433,600 $1,011,740
2023 $11,473 $1,364,420 $409,330 $955,090
2022 $11,487 $1,365,210 $409,560 $955,650
2021 $11,465 $1,405,560 $421,670 $983,890
2020 $10,191 $1,428,540 $428,560 $999,980
2019 $9,271 $1,165,600 $349,680 $815,920
2018 $11,001 $1,367,560 $0 $0
2017 $11,624 $1,367,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2089630

Bright MLS

APN: 0473-2096