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Sold for $975,000
  • $975,000

    525 Water St SW Unit 426, Washington, DC 20024

    2beds
    1,210sqft
    Condominium
    Built in 2016
    -- sqft lot
    $942,900 Zestimate®
    $806/sqft
    $3,779 Estimated rent

    Home value

    $942,900

    $886,000 - $990,000

    $3,779/mo

    Zestimate® history
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    What's special

    Industrial-style staircaseStylish upgradesGreen spacesAudi fieldModern architectureSpacious landscaped courtyardLocally owned boutiques
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lynn Tsao 202-302-3060,

    Hoffman Realty

    Bought with:

    David Thomas, BR98374505

    Keller Williams Capital Properties

    Source: Bright MLS,MLS#: DCDC2118334MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Basement
    • Area: 0
    Heating
    • Forced Air, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Gas Water Heater
    • Laundry: Dryer In Unit, Washer In Unit, In Unit
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,210
    • Total interior livable area: 1,210 sqft
    • Finished area above ground: 1,210
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener, Inside Entrance, Attached
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Terrace
    • Pool features: None
    Lot
    • Features: Urban Land Not Rated
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 0473//2102
    • Zoning: MU-12
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Combination
    Condition
    • New construction: No
    • Year built: 2016
    Details
    • Builder name: Hoffman & Associates

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Washington
    • Subdivision: Southwest Waterfront

    HOA & financial

    HOA
    • Has HOA: No
    • Amenities included: Common Grounds, Concierge, Elevator(s), Fitness Center, Party Room
    • Services included: Water, Sewer, Gas, Trash, Parking Fee, Common Area Maintenance, Maintenance Structure, Management, Reserve Funds
    • Association name: 525 Water, A Condominium
    Other fees
    • Condo and coop fee: $1,359 monthly

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Condominium

    Price history

    DateEventPrice
    6/10/2024Sold$975,000-2%$806/sqft
    Source: Bright MLS #DCDC2118334 Report a problem
    5/10/2024Pending sale$995,000$822/sqft
    Source: Bright MLS #DCDC2118334 Report a problem
    4/30/2024Price change$995,000-15.3%$822/sqft
    Source: Bright MLS #DCDC2118334 Report a problem
    11/10/2023Listed for sale$1,175,000$971/sqft
    Source: Bright MLS #DCDC2118334 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,642 -6.4%$1,004,500 +3%
    2024$8,163 +4.5%$975,540 +4.4%
    2023$7,815 -0.6%$934,090 -0.5%
    2022$7,862 -2.2%$938,760 -2.1%
    2021$8,041 -2.6%$959,300 -1.3%
    2020$8,259 +5.2%$971,610 +5.2%
    2018$7,852 $923,780
    2017$7,852 $923,780

    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
    $942,900
    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
    $942,900