BACK ON MARKET PENDING RELEASE AT NO FAULT OF PROPERTY - BUYER FAILED TO SECURE FINANCING. Experience luxury living at the Wharf! All of the District's hottest restaurants and entertainment venues are just steps away from your condo at 525 Water Street. Freshly painted throughout and new carpet in 2022, this one is perfectly move-in ready!
Open living, dining and kitchen layout with oversized island that conveys to the new owner. Enjoy your morning coffee on the spacious private oversized patio! True one bedroom unit with double closets, room for a queen size bed and partial en suite bathroom. Also convenient for guests though as the double entry bathroom also opens to the entry area.
In-Unit washer/dryer, RESERVED parking included! The building also has a lovely fitness center, courtyard and grill area on the 2nd floor. Concierge and package valet service and the entire building is key fob access (including elevators).
Listing courtesy of BRIGHT / EXP Realty, LLC
Last checked:
Checking…
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Last updated Dec 29, 2023
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MLS# DCDC2103822 —
The Building
Year Built:
2016
Year Built Source:
Assessor
New Construction:
No
Construction Materials:
Brick
Structure Type:
Unit/Flat/Apartment
Architectural Style:
Contemporary
Levels:
1
Building Name:
525 Water Condominium
Unit Building Type:
Hi-Rise 9+ Floors
Entry Floor Number:
1
Accessibility Features:
Elevator, Low Pile Carpeting
Basement:
No
Unit Number:
111
Total SqFt Source:
Assessor
Total Below Grade SqFt Source:
Assessor
Above Grade Finished Area Units:
Square Feet
Above Grade Fin SqFt:
580
Above Grade Fin SqFt Source:
Assessor
Below Grade Finished Area Units:
Square Feet
Below Grade Unfinished Area Units:
Square Feet
Below Grade Finished SqFt Source:
Assessor
Below Grade Unfinished SqFt Source:
Assessor
Tax Total Finished SqFt:
580
Interior
Living Area SqFt Source:
Assessor
Room Dimensions
Total SqFt:
580
Living Area SqFt:
580 Sqft
Financial & Terms
Sale Type:
Standard
Acceptable Financing:
Cash, Conventional, FHA, VA
Buyer Financing:
VA
Possession:
Immediate, 0-30 Days CD, Settlement
Location
Directions:
525 Water Street is located across Maine Avenue from the Arena Stage. Convenient Street Parking or Wharf Garage Parking #3
Cross Street:
Maine Avenue SW
Latitude:
38.87573000
Longitude:
-77.02073000
Location Type:
Urban
The Property
Property Type:
Residential
Property Condition:
Excellent
Zoning:
R-3, MU-12
Zoning Description:
Residential Multi-Family
In City Limits:
Yes
Other Structures:
Above Grade, Below Grade
Water View:
No
Soil Types:
Urban Land Not Rated
Waterfront:
No
Water Oriented:
No
Water Access:
No
Navigable Water:
No
Tidal Water:
No
Ground Rent Exists:
No
Riparian Rights:
No
Listing Agent
Contact info:
Office phone:
(833) 335-7433
Taxes
Tax ID Number:
0473//2011
Tax Year:
2022
Tax Lot:
2011
Tax Annual Amount:
$3,795
Tax Assessed Value:
$446,940
Year Assessed:
2022
City/Town Tax:
3795.00
Total Taxes Pymnt Freq:
Annually
Beds
Bedrooms:
1
Bedrooms Main Level:
1
Baths
Bathrooms Total Count:
1
Full Bathrooms:
1
Bathrooms Main Level:
1.00
Full Bathrooms Main Level:
1
The Listing
Close Sale Type:
Standard Sale
Buyer's Brokerage Compensation:
2.5%
Buyer Agency Comp Type:
% Of Gross
Buyer Agency Comp Selection:
Percent
Heating & Cooling
Cooling Type:
Central A/C
Central Air:
Yes
Cooling Fuel:
Electric
Heating:
Yes
Heating Type:
Forced Air
Heating Fuel:
Natural Gas
Utilities
Sewer Septic:
Public Sewer
Hot Water:
Natural Gas
Water Source:
Public
Appliances
Washer/Dryer/Hook Up in Unit:
Yes
Schools
School District Name:
District Of Columbia Public Schools
School District Source:
Listing Agent
The Community
Subdivision Name:
525 Water Condominium
Senior Community:
No
Pool:
No Pool
HOA:
No
Condo/Coop Association:
Yes
HOA/Condo/Coop Amenities:
Concierge, Elevator, Fitness Center, Meeting Room
Condo/Coop Fee:
$547.75
Condo/Coop Fee Frequency:
Monthly
HOA/Condo/Coop Fee:
Common Area Maintenance, Ext Bldg Maint, Gas, Insurance, Management, Water, Trash
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Listing Agents and Buyer’s Agents represent the two sides of a real estate transaction. As a Seller of a home, your Listing Agent represents your interests and will advise, consult and follow your instructions to sell your property at the best possible price and terms.
If you’re a Buyer, a Buyer’s Agent advises you throughout the transaction, helping you get the best deal and advocating for you. The Buyer’s Agent commission is also paid by the Seller, so the Buyer never sees a bill for their service.
Many first time Buyers believe they can work without a Buyer’s Agent and instead use the same agent as the Seller. When both Buyer and Seller use the same agent, known as “dual agency”, it can sometimes save on fees, but it also puts the agent in a conflict of interest, not fully representing either party.
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