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525 Water Street SW #426, Washington, DC 20024
$995,000
525 Water Street SW #426, Washington, DC 20024View this property at 525 Water Street SW #426, Washington, DC 20024
525 Water Street SW #426WashingtonDC20024
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Property Description
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.
Full Property Details
Full Property Details for 525 Water St SW #426
General
- Price: $995,000
- HOA FEE: $1,359/month
- Taxes: $7,862 (2022)
- Status: Active
- Type: Condo
- MLS ID: DCDC2118334
- Updated: 4/30/2024
- Added to Site: 180 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Upper Floor Baths: 1
- Upper - Full Baths: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Upper: 1
- Bedrooms Main & Up: 1
Other Rooms
- Laundry: Dryer In Unit, Washer In Unit
Additional Information
- Shared Amenities: Common Grounds, Concierge, Elevator, Exercise Room, Party Room
Exterior
- Porch/Patio/Deck: Terrace
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Attached Garage
- Garage Description: Garage Door Opener, Inside Access
Location
- County: Washington
- Development Name: Southwest Waterfront
- Subdivision: Southwest Waterfront
- Building Name: 525 WATER
- Driving 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.
- City Limits: Yes
School Information
- School District: District Of Columbia Public Schools
Community
- Assoc. Fees Include: Water, Sewer, Gas, Trash, Parking Fee, Common Area Maintenance, Ext Bldg Maint, Management, Reserve Funds
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK, Number Limit
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Contemporary
- Architectural Style: Contemporary
- Structure Type: Garden 1 - 4 Floors
- Builder: Hoffman & Associates
- Construction: Combination
- Entry Floor Number: 4
- Stories/Levels: 0
- Stories Description: Main, Upper 1
- Square Feet: 1,210
- Sq. Ft. Source: Estimated
- Living Area: 1,210 Sq. Ft.
- Year Built: 2016
- Year Built Source: Assessor
Lot Features
- Zoning: MU-12
Financial Considerations
- Price Per Sq. Ft.: $822.31
- Condo Fee: $1,359
- Condo Fee Freq: Monthly
- Other Fee: $550
- Other Fee Freq.: One Time
- Assessment Year: 2022
- City/TownTax: $7,862
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $934,090
- Tax Amount: $7,862
- Tax Year: 2022
- Tax Total Finished Sq. Ft.: 1144
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Condominium
- Condo: Yes
- Lot Number: 2102
Listed by Hoffman Realty, Lynn A Tsao
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Schools
Schools serving 525 Water St SW #426
School District:District Of Columbia Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
401 I St Sw, Washington, DC 20024 | PK-5 | 0.3 mi | |
801 7th St Sw, Washington, DC 20024 | 6-8 | 0.3 mi | |
1700 E Capitol St Ne, Washington, DC 20003 | 9-12 | 2.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 525 Water St SW #426
Date
Details
Price
Change
Source
4/30/2024
Price Reduced
$995,000
-15.32%
MLS
11/10/2023
Listed
$1,175,000
14.09%
MLS
6/12/2017
Sold
$1,029,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 525 Water St SW #426
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,989
2%
$934,090
—
2022
$7,862
-2%
$938,760
-2%
2021
$8,041
-3%
$959,300
-1%
2020
$8,259
10%
$971,610
10%
2019
$7,524
-4%
$885,210
-4%
2018
$7,852
—
$923,780
—
2017
$7,852
—
$923,780
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 525 Water St SW #426
525 Water Street SW #426, Washington, DC 20024 (MLS# DCDC2118334) is a Condo property with 2 bedrooms and 2 full bathrooms. 525 Water Street SW #426 is currently listed for $995,000 and was received on November 10, 2023. Want to learn more about 525 Water Street SW #426? Do you have questions about finding other Condo real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.