$6,401 Closing Credit¹
TERENCE S KING, Listing Office: Smart Realty, LLC.
$5,878
closing credit¹
525 Water St SW Unit 108 Washington, DC 20024
$495,000 List price
$5,878
Closing credit¹
1 bed
1 full
653 sqft
$758 / sqft
Condo
Property details
About 525 Water St SW Unit 108
Welcome to 525 Water St, located in Washington DC's premier waterfront community at The Wharf. This exquisite one-bedroom, one-bathroom residence offers the perfect blend of modern elegance and urban convenience. Built in 2016 by PN Hoffman, the unit features a private walk-out terrace that seamlessly integrates indoor and outdoor living as well as a coveted garage parking space. Upon entry, you're welcomed by the warmth of hardwood floors, creating an inviting and sophisticated atmosphere throughout. The kitchen is equipped with sleek stainless steel appliances, including a gas range, and features elegant quartz countertops. The open floor plan effortlessly connects the kitchen to the living and dining areas, providing a spacious and comfortable setting for both entertaining and everyday living. The bedroom serves as a peaceful retreat, bathed in natural light from the expansive floor-to-ceiling windows. Enjoy serene views of the private terrace and The Wharf Terrace Park. A generously sized walk-in closet with a custom closet organization system offers abundant storage. The spa-like bathroom includes a walk-in shower, vanity and medicine cabinet for added storage. An in-unit washer and dryer and coat closet in the entry hallway provide added convenience. As a resident of 525 Water St you'll have access to a range of outstanding amenities including a secure entrance and front desk. Stay active in the fitness center, or host gatherings in the common room and building courtyard. Located at The Wharf, this residence places you just one mile from the National Mall and less than two miles from the U.S. Capitol Building. Enjoy some of the best of DC’s culture right outside your door from unique dining experiences, boutique shopping and entertainment venues steps away! The building is two blocks from a Safeway grocery store and the Waterfront Metro station. Please note: All square footage is measured by a third-party and is approximate.
Highlights
Home typeCondominium
HeatingCentral
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
Size653 sqft
Year built2016
ParkingCovered Parking,Inside Access, Parking Garage
MLS #DCDC2175520
Garage1 space
Summary
- MLS Number: DCDC2175520
- MLS Name: BRIGHT
- Office Name: TTR Sotheby's International Realty
- Office Phone: (202) 234-3344
- Listing Agent: Leslie Jane Backoff
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. ©2025 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: 1/27/2025, 1:55:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$495,000
525 Water St SW Unit 108
$5,878
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 03, 2016 | Home Sold | $524,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $482,780 | $3,317 |
| 2022 | $497,840 | $3,445 |
| 2021 | $507,140 | $3,548 |
| 2020 | $504,610 | $3,645 |
| 2019 | $498,350 | $3,599 |
| 2018 | $498,650 | $3,615 |
| 2017 | $498,650 | $4,238 |
History based on county public records data.
Nearby schools
4
Amidon-Bowen Elementary School
Public District EE-5
0.3 mi
•401 I St SW
6
Van Ness Elementary School
Public District EE-5
1.2 mi
•1150 5th St SE
9
Brent Elementary School
Public District EE-5
1.2 mi
•301 N Carolina Ave SE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $78,348. Typical income of Washington, DC residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
14%
<35k
59%
35k-100k
23%
100k-200k
4%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
86%
Single, No Kids
1%
Single, with Kids
10%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
3%
<11 yrs old
2%
12-17 yrs old
24%
18-34 yrs old
46%
35-64 yrs old
25%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Live Theatre
Music Concerts
Where do the neighbors shop?
Bloomingdales
H&M
Crate & Barrel
Where do the neighbors go to eat?
Starbucks
Boston Market
Chipotle
What do the neighbors drive?
Audi
Mercedes
Volkswagen
What do the neighbors listen to?
News
Rhythmic Contemporary Hits- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 525 Water St SW Unit 108
This home is located at 525 Water St SW Unit 108 in Washington, DC and zip code 20024 in the Southwest Waterfront / Fort McNair / Buzzard Point neighborhood. This 653 square foot home was built in 2016. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 23, 2025 and is currently priced at $495,000.
Over 103 listings were sold over their listed price in December 2024 in Washington, DC. In the same period over 258 listings were sold below the listed price and 113 listings were sold for the listed price. The number of homes for sale in Washington, DC increased by 0.4% between November and December 2024. While the average time on the market in December 2024 was 58 days, the median list price was $676,667.
From Rocket Homes Real Estate and based on county public records data.