525 Water St SW, Unit 314

Washington, DC 20024

$439,000
Last Sold Price
1
Bed
540 Sq. Ft.
$813 / Sq. Ft.
540
Sq. Ft.
$813
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 12/29/21
Closed 12/29/21

Description

Explore Unit 314 at 525 Water. Tucked away in the vibrant Wharf neighborhood, this thoughtfully designed one bedroom, one bath residence features an open floor plan with floor-to-ceiling windows and over 9-foot ceilings. The modern, galley-style kitchen is equipped with Porcelanosa cabinetry, a quartz countertop, gas cooking, and Bosch appliances. The residence also features numerous upgrades, including a wood accent wall in the living room, California Closet system in the bedroom, and a 16-bottle...Explore Unit 314 at 525 Water. Tucked away in the vibrant Wharf neighborhood, this thoughtfully designed one bedroom, one bath residence features an open floor plan with floor-to-ceiling windows and over 9-foot ceilings. The modern, galley-style kitchen is equipped with Porcelanosa cabinetry, a quartz countertop, gas cooking, and Bosch appliances. The residence also features numerous upgrades, including a wood accent wall in the living room, California Closet system in the bedroom, and a 16-bottle wine rack in the kitchen.

525 Water, delivered by Hoffman & Associates in 2016, blends modern architecture with serene green spaces and offers ample amenities including a concierge, fitness studio, residents’ lounge and spacious landscaped courtyard and terrace. Nestled between two expansive park spaces, 525 Water opens to the lush 3.5-acre Waterfront Park and The Green (coming in 2022), a 1.5-acre park designed by acclaimed landscape architect Michael Van Valkenburg. The perfect combination of tranquility and energy, 525 Water is only moments from The Wharf—with its final phase delivering beginning in Spring 2022. 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. Dine at local, chef-driven restaurants, shop at locally owned boutiques and enjoy live music at 3 unique concerts 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. Monthly condominium fee $418.74.
  1. Listed by Lynn A Tsao • Hoffman Realty
    P: (202)-302-3060 lynn@hoffmandev-realty.com

Property Details for 525 Water Street Southwest, Unit 314

Tax ID Number
0473//2059
Ownership
Condominium
Condo Coop Association
Yes
HOA
No
Entry Floor Number
3
Structure Type
Unit/Flat/Apartment
Style
Contemporary
Levels/Stories
1
LISTING CLOSED: 12/29/2021 12:00 AM

Property Details for 525 Water Street Southwest, Unit 314

StatusClosed
MLS #DCDC2001087
Days on Market39
Pet PolicyAllowed
Taxes$3,061 / year
HOA Fees-
Condo/Co-op Fees$419 / month
Property TypeCondo
MLS TypeResidential / Condo
Year Built2016
CountyDistrict of Columbia
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Location

Listing Courtesy of Hoffman Realty

Sold By Compass

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Building Information for 525 Water Street Southwest, Unit 314

Building/Complex525 Water CondominiumFloor-Stories5Residences107Pet PolicyAllowedPet Policy DetailsCase by Case BasisYear Built2016

Payment Calculator

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$2,862 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,188

Property Taxes

$255

HOA Dues

$419

The Payment Calculator is for illustrative purposes only.

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Property Information for 525 Water Street Southwest, Unit 314

Location
Location
  • In City Limits: Yes
  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District County ID: 121140357950
  • SchoolDistrictSource: Listing Agent
  • County: WASHINGTON
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Condo Coop Name: 525 Water
  • HOA Condo Coop Mgmt Type: Professional - On-site
  • HOA Condo Coop Fee Includes: Gas, Management, Sewer, Water, Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Reserve Funds, Snow Removal, Trash
  • HOA Condo Coop Amenities: Concierge, Elevator, Exercise Room, Party Room, Common Grounds
  • Property Manager Y/N: Yes
  • Other Fees: $250
  • Other Fees Frequency: One Time
  • Senior Community: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2021
  • Tax Assessed Value: $448,220
  • Year Assessed: 2021
  • Improvement Assessed Value: $313,750
  • City Town Tax: $3,061
  • Land Assessed Value: $134,470
  • Zoning: RESIDENTIAL
  • Tax Lot: 2059
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: Cats OK, Dogs OK, Number Limit
  • Concessions: Yes
  • Concessions Amount: $7,500
Rooms
Main
  • # Bedrooms Count Main Level: 1
  • # Bathrooms Count Main Level: 1
  • # Bathrooms Full Main Level: 1
Rooms
  • Stories: Main
Building Info
Building Info
  • Builder Name: Hoffman & Associates
  • Building Units Total: 107
Lot / Land Information
Lot / Land Information
  • Soil Types: Urban Land Not Rated
  • Parcel ID: 16185945
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Fireplace: No
  • Fireplaces Count: 0
Exterior Features
Exterior Features
  • Pool: No Pool
  • Horse: No
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Heat Pump(s)
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: None chosen (Non-REALTOR/Stockholder)

Property History for 525 Water Street Southwest, Unit 314

DateEvent & SourcePriceAppreciation
Dec 29, 2021

Closed

BRIGHT #DCDC2001087

$439,000—
Dec 14, 2021

Closed (Public Record)

Public Record #1480786873

$439,000—
Nov 20, 2021

Pending

BRIGHT #DCDC2001087

—
DateEvent & SourcePrice
12/29/2021

Closed

BRIGHT #DCDC2001087

$439,000
12/14/2021

Closed (Public Record)

Public Record #1480786873

$439,000
11/20/2021

Pending

BRIGHT #DCDC2001087

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 525 Water Street Southwest, Unit 314

Taxable ValueLand$140,310Additions$327,400Total$467,710
Tax Record2025$3,079 ($257 / month)
Home Facts
Beds1Baths1Total Finished SqFt464 SqFtAbove Grade Finished SqFt464 SqFtLot Size221 SqFtStyleCondominiumYear Built2016CountyDISTRICT OF COLUMBIAAPN0473 2059

Schools near 525 Water Street Southwest, Unit 314

This home is within District Of Columbia Public Schools.
Rating
School
Type
Grades
Distance
Amidon-Bowen Elementary School
Public - PK to 5
Jefferson Middle School Academy
Public - 6 to 8
Eastern High School
Public - 9 to 12
Bard High School Early College DC (Bard DC)
Public - 9 to 12
Rating
School
Distance
Amidon-Bowen Elementary School
PublicPK to 5

Jefferson Middle School Academy
Public6 to 8

Eastern High School
Public9 to 12

Bard High School Early College DC (Bard DC)
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Southwest Waterfront
Southwest Waterfront
A spectacular renaissance. A bustling new center for leisure and nightlife, the Southwest Waterfront enjoys more river frontage than any other neighborhood in the city.
Southwest Waterfront Guide

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hoffman Realty

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 08/26/2022 09:57 PM