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Sold for $390,000
  • $390,000

    525 Water St SW #223, Washington, DC 20024

    1beds
    510sqft
    Condominium
    Built in 2016
    -- sqft lot
    $387,000 Zestimate®
    $765/sqft
    $1,930 Estimated rent

    Home value

    $387,000

    $360,000 - $414,000

    $1,930/mo

    Zestimate® history
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    What's special

    Modern Luxury condo with it's own patio in the heart of DC's vibrant Wharf neighborhood! Natural light pours in to the space through the floor to ceiling glass doors which lead out to your personal patio on the interior courtyard and garden - a lovely and quiet place to enjoy the outdoors while relaxing or working from home! This well appointed unit features a sleek full kitchen with quartz countertops, high end stainless steel appliances and plenty of cabinet space. Space-saving wall-mounted tvs in the living room and bedroom convey if desired. Large closets are outfitted with organizers and the spacious bath features gorgeous tile, designer fixtures and ample vanity storage. A full size in-unit washer & dryer round out the conveniences. The building amenities include a front-desk concierge, lobby coffee bar, state of the art fitness center, an elevated courtyard terrace with grill and an elegant club room that is conveniently located right across the patio - great for overflow entertaining! The location can't be beat for all that you need - just steps from the water and all that the Wharf has to offer with restaurants, festivals, recreation and nightlife; adjacent parks; Arena Stage; and close proximity to the Navy Yard, the Nats Stadium and Audi Field. Safeway, the Farmers Market and the Waterfront Metro are within short walking distance. A designated parking space in the secure on-site garage is available for rent.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gini Wood 703-944-7316,

    Long & Foster Real Estate, Inc.

    Bought with:

    Alexandra Schlesinger

    Pearson Smith Realty, LLC

    Source: Bright MLS,MLS#: DCDC2170388MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Basement
    • Area: 0
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Microwave, Dishwasher, Disposal, Dryer, Freezer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliance(s), Cooktop, Washer, Gas Water Heater
    • Laundry: Dryer In Unit, Washer In Unit, In Unit
    Features
    • Combination Kitchen/Dining, Open Floorplan, Kitchen - Gourmet, Kitchen - Table Space, High Ceilings
    • Flooring: Carpet, Ceramic Tile, Hardwood, Wood
    • Doors: Sliding Glass
    • Windows: Window Treatments
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 510
    • Total interior livable area: 510 sqft
    • Finished area above ground: 510
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: On-site - Rent, Other
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Terrace
    • Exterior features: Lighting, Sidewalks, Street Lights
    • Pool features: None
    • Has view: Yes
    • View description: Courtyard
    • Waterfront features: River
    • Body of water: District Wharf
    Lot
    • Features: Urban Land Not Rated
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 0473//2037
    • Zoning: R-1-B
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Brick, Combination, Metal Siding
    Condition
    • Excellent
    • New construction: No
    • Year built: 2016

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Washington
    • Subdivision: 525 Water Condominium

    HOA & financial

    HOA
    • Has HOA: No
    • Amenities included: Common Grounds, Concierge, Fitness Center, Elevator(s), Party Room
    • Services included: Gas, Insurance, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water, Common Area Maintenance, Maintenance Structure
    • Association name: 525 Water Street Condo
    Other fees
    • Condo and coop fee: $418 monthly

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,Bank Portfolio,Conventional,1031 Exchange,FHA,Private Financing Available,VA Loan
    • Ownership: Condominium

    Price history

    DateEventPrice
    4/28/2025Sold$390,000-6.9%$765/sqft
    Source: Bright MLS #DCDC2170388 Report a problem
    4/18/2025Pending sale$419,000$822/sqft
    Source: Bright MLS #DCDC2170388 Report a problem
    3/30/2025Contingent$419,000$822/sqft
    Source: Bright MLS #DCDC2170388 Report a problem
    12/11/2024Listed for sale$419,000-2.6%$822/sqft
    Source: Long & Foster Broker Feed #DCDC2170388 Report a problem
    4/26/2023Listing removed--
    Source: Zillow Rentals #DCDC2090240 Report a problem
    4/19/2023Price change$2,250-10%$4/sqft
    Source: Zillow Rentals #DCDC2090240 Report a problem
    4/2/2023Listed for rent$2,500$5/sqft
    Source: Zillow Rentals #DCDC2090240 Report a problem
    6/11/2019Sold$430,000+0.2%$843/sqft
    Source: Public Record Report a problem
    4/24/2019Listed for sale$429,000+10%$841/sqft
    Source: Compass #DCDC423448 Report a problem
    1/10/2017Sold$389,900$765/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,782 +1.9%$432,740 +2.2%
    2024$2,731 +2.7%$423,500 +2.9%
    2023$2,659 -5.2%$411,540 -2.6%
    2022$2,806 -2.3%$422,600 -1.2%
    2021$2,872 -3.1%$427,540 +0.7%
    2020$2,964 +17.4%$424,370 +14.6%
    2018$2,525 -0.3%$370,400
    2017$2,533 $370,400

    Find assessor info on the county website

    Neighborhood: Southwest Waterfront

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: District Of Columbia Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $387,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $387,000