5 months on rocket

525 Water St SW Unit 426, Washington, DC, 20024

$1,175,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,210 SqFt
$971/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

525 Water St SW Unit 426, Washington$1,175,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

ParkingGarage Door Opener, Inside Access, Attached Garage
Garage2 spaces
Year Built2016
HeatingForced Air
CoolingCentral Air
MLS #DCDC2118334
StatusActive
(ACTIVE)

About 525 Water St SW Unit 426

Unit 426 at 525 Water is two-level, top floor two-bedroom and den residence with two full baths, a generous terrace and two parking spaces. Natural light pours in through the floor-to-ceiling windows on each level while an open layout offers ample space for modern living. The gourmet kitchen is equipped with Bosch appliances, quartz countertops, Porcelenosa cabinets and a spacious eat-in island. Unit 426’s main level also offers a living area and secondary bedroom, full bathroom and two Juliette balconies. A sophisticated, industrial-style staircase gives way to the second level, a light-filled den leading to the primary suite with a luxurious, 4-piece bath and a large closet. Both the primary bedroom and den open to a generous outdoor terrace seamlessly blending indoor-outdoor living. Stylish upgrades to the residence include designer wallpaper, unique lighting fixtures and blackout shades throughout. This residence includes two highly sought-after, dedicated garage parking spaces. 525 Water, delivered by Hoffman & Associates in 2016, blends modern architecture with green spaces and offers ample amenities, including a concierge, fitness studio, residents’ lounge and spacious landscaped courtyard and terrace. Nestled between two park settings, 525 Water opens to the lush 3.5-acre Waterfront Park, and is located just moments from the vibrant waterfront neighborhood, The Wharf. 525 Water residents have easy access to 1 mile of waterfront promenade with chef-driven restaurants, locally owned boutiques, live music as well as local productions at Arena Stage. 525 Water is adjacent to a world-class marina, offering kayaking and paddleboard launch opportunities. Located moments from the Smithsonian museums, Waterfront Station Metro, local airports and major thoroughfares and conveniently located near The Yards, Nats Park and Audi Field, 525 Water offers unparalleled connectivity.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2016
  • Stories: 2
  • Living Area: 1,210 SqFt

Listing Office:

  • Office Name: Hoffman Realty
  • Office Phone: (202) 844-1144
  • Listing Agent: Lynn A Tsao

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage Door Opener, Inside Access, Attached Garage

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 and Water Street, SW.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,175,000
  • Price Per SqFt: $971/SqFt

Tax Information:

  • Annual Amount: $8,259
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

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 426 vs Washington

171 DAYS ON ROCKET

+134 Days

$1,175,000

+$520.8K More

$971/SqFt

+$460 More

KEY TAKEAWAY

This property is $520.8K more than the Median Sold Price and $460/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: #DCDC2118334

Listing Office:

  • Office Name: Hoffman Realty
  • Office Phone: (202) 844-1144
  • Listing Agent: Lynn A Tsao

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, 11:20:19 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

Jun 13, 2017Home Sold
$1,029,900

Tax History

YEARPROP. TAXASSESSMENT
2020$8,259$971,610
2019$7,524$885,210
2018$7,852$923,780
2017$7,852$923,780

History based on county public records data.

Payment Calculator

$5,932

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,589

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-3063825
5
/10

  • Amidon-Bowen Elementary School

  • 401 I St SW

  • 0.28 miles

  • Public District Grades EE-5

High School

school-card-donut-3063826
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. The majority of Washington, DC residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 525 Water St SW Unit 426

What is the listing price of this property?

The listing price of 525 Water St SW Unit 426 property is $1,175,000.

What type of property is this?

The property 525 Water St SW Unit 426 is a house located in Washington, District of Columbia, 20024.

Is this property for sale now?

Active Listing: 525 Water St SW Unit 426 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 426 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 $8,259 (source: MLS/based on county public records data).

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

The last sale was on June 13, 2017 for $1,029,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 525 Water St SW Unit 426 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 525 Water St SW Unit 426 is 1,210 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 525 Water St SW Unit 426 is 2016.

Rocket Homes›District of Columbia›Washington›20024›525 Water St SW Unit 426

This home is located at 525 Water St SW Unit 426 in Washington, DC and zip code 20024 in the Southwest Waterfront / Fort McNair / Buzzard Point neighborhood. This 1,210 square foot home was built in 2016. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 10, 2023 and is currently priced at $1,175,000.

In March 2024 more than 124 listings in Washington, DC were sold above the asking price. During the same period more than 119 listings were sold at asking price, while more than 177 were sold below. Between February 2024 and March 2024, Washington, DC real estate market has seen increase in the number of listings by 6.8%. Listings spent 37 days on the market in March 2024, and had a median list price of $654,103 during the same period.

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

More Resources