2 months on rocket

525 Water St SW Unit 330, Washington, DC, 20024

$445,000

Home List Price

$5,284*

Closing Credit

1 Bedroom
1 Full Bath
540 SqFt
$824/SqFt
Condo
Schools Nearby

Location

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525 Water St SW Unit 330, Washington$445,000

Buyer Closing Credits

$5,284*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Street
Year Built2016
HeatingForced Air
CoolingCentral Air
MLS #DCDC2126624
StatusActive
(ACTIVE)

About 525 Water St SW Unit 330

Explore residence 330 at 525 Water. Nestled between two parks in the vibrant Wharf neighborhood, this thoughtfully designed one-bedroom, one-bath residence features an open floor plan with hardwood flooring throughout the living area, over 9-foot ceilings, and a Juliette balcony that provides ample natural light. The modern, galley-style kitchen is equipped with Porcelanosa cabinetry, quartz countertops, a gas range, and Bosch appliances. The primary bedroom has been upgraded to feature an Elfa Decor premium hardwood closet system. Residence 330 is the definition of modern living at the intersection of inspiring green space and dynamic city life. 525 Water, delivered by Hoffman & Associates in 2016, blends modern architecture with serene green spaces and offers amenities including a concierge, fitness studio, residents’ lounge, and spacious landscaped courtyard and terrace. Located between two expansive park spaces, 525 Water opens to the lush 3.5-acre Waterfront Park and The Green, a 1.5acre park designed by acclaimed landscape architect Michael Van Valkenburg. The perfect combination of tranquility and energy, 525 Water is only moments from The Wharf. Enjoy all that this dynamic mile-long waterfront neighborhood has to offer. Stroll along the promenade and down the pier to kayak, canoe and paddleboard or hop on a jitney to East Potomac Park. With over 80 dining and shopping options, dine at local, chef-driven restaurants, shop at locally-owned boutiques and enjoy live music at 3 unique concert venues. Weekends at The Wharf are filled with community events ranging from waterside yoga to music and cultural festivals. And beyond The Wharf, 525 Water is conveniently located near The Yards, Nationals Park and Audi Field.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2016
  • Stories: 1
  • Living Area: 540 SqFt

Listing Office:

  • Office Name: Hoffman Realty
  • Office Phone: (202) 844-1144
  • Listing Agent: Michelle F Giannini

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Parking: On Street

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Eastern High School, Public District Grades 9-12
  • Amidon-Bowen Elementary School, Public District Grades EE-5

Other

Directions Information:

  • Directions: 525 Water is located just South of Maine Avenue, SW at 6th Street, SW. Adjacent to The Wharf. The building entrance is at 6th Street and Water Street, SW.

Price Information

Listing Price Info

Price Summary:

  • List Price: $445,000
  • Price Per SqFt: $824/SqFt

Tax Information:

  • Annual Amount: $2,935
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Washington, DC.

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Washington, DC

City

Med. Sold Price

$654.1K

Med. Price/SqFt

$511

Avg. Days On Market

37

# of Sold Homes

420

525 Water St SW Unit 330 vs Washington

86 DAYS ON ROCKET

+49 Days

$445,000

-$209.1K Less

$824/SqFt

+$313 More

KEY TAKEAWAY

This property is $209.1K less than the Median Sold Price and $313/SqFt more than other homes in Washington, DC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DCDC2126624

Listing Office:

  • Office Name: Hoffman Realty
  • Office Phone: (202) 844-1144
  • Listing Agent: Michelle F Giannini

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 10:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 28, 2017Home Sold
$392,900

Tax History

YEARPROP. TAXASSESSMENT
2020$2,935$425,640
2019$2,674$422,990
2018$2,444$360,900
2017$3,068$360,900

History based on county public records data.

Payment Calculator

$2,288

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,401

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3033034
5
/10

  • Amidon-Bowen Elementary School

  • 401 I St SW

  • 0.28 miles

  • Public District Grades EE-5

High School

school-card-donut-3033035
3
/10

  • Eastern High School

  • 1700 E Capitol St NE

  • 2.42 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,348. Most Washington, DC residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 525 Water St SW Unit 330

What is the listing price of this property?

The listing price of 525 Water St SW Unit 330 property is $445,000.

What type of property is this?

The property 525 Water St SW Unit 330 is a condo located in Washington, District of Columbia, 20024.

Is this property for sale now?

Active Listing: 525 Water St SW Unit 330 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 525 Water St SW Unit 330 are:
Amidon-Bowen Elementary School: GreatSchools Rating 5/10
Eastern High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,935 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 28, 2017 for $392,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 525 Water St SW Unit 330 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 525 Water St SW Unit 330 is 540 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 525 Water St SW Unit 330 is 2016.

Rocket Homes›District of Columbia›Washington›20024›525 Water St SW Unit 330

This home is located at 525 Water St SW Unit 330 in Washington, DC and zip code 20024 in the Southwest Waterfront / Fort McNair / Buzzard Point neighborhood. This 540 square foot home was built in 2016. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since February 02, 2024 and is currently priced at $445,000.

Over 124 listings were sold over their listed price in March 2024 in Washington, DC. In the same period over 177 listings were sold below the listed price and 119 listings were sold for the listed price. Between February 2024 and March 2024, Washington, DC real estate market has seen increase in the number of listings by 6.8%. The median list price of listings available in March 2024 was $654,103, while the average time on the real estate market was 37 days.

From Rocket Homes Real Estate and based on county public records data.

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