NOT LISTED FOR SALE

1012 Founders Ridge Ln McLean, VA 22102

Estimated Value: $4,290,000 - $8,327,674

7 Beds
12 Baths
15,859 Sq Ft
$381/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $8,700,000 $549 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $42,705/month

22 Days on Market

Highlights

  • Private Pool
  • 0.85 Acre Lot
  • 7 Fireplaces
  • Churchill Road Elementary School Rated A
  • Manor Architecture
  • 3 Car Attached Garage

About This Home

As of July 2022

The Reserve is McLean’s most coveted residential community, comprising approximately 170 luxury custom homes dotted amongst rolling hills enveloped in guard-gated security. Within this storied enclave, situated on a gentle bend along the most sought after street, is this stunning 15,859 square foot estate honed from the very best workmanship and dripping in luxurious amenities. The elegant paver motor court complements a stacked stone facade with extensive concrete trim to create effectual curb appeal, drawing the eye towards solid wood and wrought iron entry doors resting beneath an oversized keystone. Stepping inside reveals a floor plan which heavily adheres to the basic architectural principles of symmetry and proportion. That is to say, embassy-sized formal rooms coexist with equally commodious yet inviting informal areas to create a home which suits every circumstance. The gentleman’s library off the foyer, for instance, is open to the rest of the home, yet intimate owing to its wood-burning fireplace and liberal use of Cherry millwork. The formal dining room can house the largest banquets, but opens onto a tranquil side patio ideal for pre-dinner cocktails. In the center of the main level, mirrored living and great rooms are flooded with natural light and views of the outdoors, each boasting a uniquely intricate coffered ceiling. The chef’s kitchen, designed by legendary Lobkovich, has handsome cabinetry, stunning natural stonework, and top-shelf appliances expertly concealed by hand-crafted millwork. A bright breakfast area and step-down solarium with access to the screened-in porch facilitates today’s preferences for indoor/outdoor living. At the upper level landing — accessed via one of two sweeping grand staircases or the full-service elevator — the eye is drawn upwards to a spectacular stained glass light fixture. The primary suite covers an entire wing of the upper level, containing its own entry foyer, separate sitting area with gas fireplace, sleeping area overlooking the rear grounds, and dual spa baths with their respective closets. It would be unfair to call the secondary bedrooms as such, because they are primary suites in and of themselves, with distinct sitting areas, walk-in closets, and sumptuous ensuite baths. The walkout lower level, filled with natural light, boasts every amenity to delight the entertainer. Stunning cherry millwork on the walls and ceilings carries throughout the lounge, billiards room, and professional wet bar with newly installed wine cellar. Elsewhere, a self-sufficient au pair suite, fully equipped home theater, and dedicated fitness center with sauna round out this home within a home. Out back are some of the most stunning grounds found behind any home. The full-width stone terrace steps down onto a limestone patio, whose centerpiece is undoubtedly the 60-foot infinity edge pool extending into the lush green horizon beyond. An accompanying cabana and pool house offer distinct indoor and outdoor living areas, as well as additional storage and bath facilities for the pool. A Savant home automation system allows everything from speakers, the home cinema, and Lutron smart lightning to be controlled from the touch of a button anywhere in the world. The Reserve, being McLean’s premier residential community, boasts 24 hour security patrolling, in addition to a full suite of concierge services at the gate house. Situated on one of the most desirable lots within the Reserve, minutes to Tysons Corner and the Beltway, 1012 Founders Ridge Lane sets itself apart as one of the area’s finest estates for the most discerning buyer.

Last Agent to Sell the Property

Daniel Heider

TTR Sotheby's International Realty License #681976 Listed on: 06/01/2022

TTR Sotheby's International Realty

Last Buyer's Agent

Piper Yerks

Washington Fine Properties, LLC License #0225059965

Washington Fine Properties, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,389

Year Built

  • Built in 2006 | Remodeled in 2013

Lot Details

  • 0.85 Acre Lot
  • Extensive Hardscape
  • Sprinkler System
  • Property is zoned 110

HOA Fees

  • $405 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Manor Architecture
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 15,859 Sq Ft Home
  • Property has 3.5 Levels
  • 7 Fireplaces

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Sump Pump
  • Natural lighting in basement

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • 60+ Gallon Tank
  • Public Septic

Community Details

  • The Reserve Subdivision

Listing and Financial Details

  • Tax Lot 142
  • Assessor Parcel Number 0204 29 0142

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,389

Year Built

Built in 2006 | Remodeled in 2013

Lot Details

0

HOA Fees

$405 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Manor
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2022-06-01
  • Year Built: 2006
  • Year Renovated: 2013
  • Automatically Close On Close Date: No
  • Remarks Public: The Reserve is McLean’s most coveted residential community, comprising approximately 170 luxury custom homes dotted amongst rolling hills enveloped in guard-gated security. Within this storied enclave, situated on a gentle bend along the most sought after street, is this stunning 15,859 square foot estate honed from the very best workmanship and dripping in luxurious amenities. The elegant paver motor court complements a stacked stone facade with extensive concrete trim to create effectual curb appeal, drawing the eye towards solid wood and wrought iron entry doors resting beneath an oversized keystone. Stepping inside reveals a floor plan which heavily adheres to the basic architectural principles of symmetry and proportion. That is to say, embassy-sized formal rooms coexist with equally commodious yet inviting informal areas to create a home which suits every circumstance. The gentleman’s library off the foyer, for instance, is open to the rest of the home, yet intimate owing to its wood-burning fireplace and liberal use of Cherry millwork. The formal dining room can house the largest banquets, but opens onto a tranquil side patio ideal for pre-dinner cocktails. In the center of the main level, mirrored living and great rooms are flooded with natural light and views of the outdoors, each boasting a uniquely intricate coffered ceiling. The chef’s kitchen, designed by legendary Lobkovich, has handsome cabinetry, stunning natural stonework, and top-shelf appliances expertly concealed by hand-crafted millwork. A bright breakfast area and step-down solarium with access to the screened-in porch facilitates today’s preferences for indoor/outdoor living. At the upper level landing — accessed via one of two sweeping grand staircases or the full-service elevator — the eye is drawn upwards to a spectacular stained glass light fixture. The primary suite covers an entire wing of the upper level, containing its own entry foyer, separate sitting area with gas fireplace, sleeping area overlooking the rear grounds, and dual spa baths with their respective closets. It would be unfair to call the secondary bedrooms as such, because they are primary suites in and of themselves, with distinct sitting areas, walk-in closets, and sumptuous ensuite baths. The walkout lower level, filled with natural light, boasts every amenity to delight the entertainer. Stunning cherry millwork on the walls and ceilings carries throughout the lounge, billiards room, and professional wet bar with newly installed wine cellar. Elsewhere, a self-sufficient au pair suite, fully equipped home theater, and dedicated fitness center with sauna round out this home within a home. Out back are some of the most stunning grounds found behind any home. The full-width stone terrace steps down onto a limestone patio, whose centerpiece is undoubtedly the 60-foot infinity edge pool extending into the lush green horizon beyond. An accompanying cabana and pool house offer distinct indoor and outdoor living areas, as well as additional storage and bath facilities for the pool. A Savant home automation system allows everything from speakers, the home cinema, and Lutron smart lightning to be controlled from the touch of a button anywhere in the world. The Reserve, being McLean’s premier residential community, boasts 24 hour security patrolling, in addition to a full suite of concierge services at the gate house. Situated on one of the most desirable lots within the Reserve, minutes to Tysons Corner and the Beltway, 1012 Founders Ridge Lane sets itself apart as one of the area’s finest estates for the most discerning buyer.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 7
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3.5
  • Basement: Yes
  • Basement Type: Fully Finished, Sump Pump, Connecting Stairway, Daylight, Full, Walkout Level
  • Total Sq Ft: 15859
  • Living Area Sq Ft: 15859
  • Price Per Sq Ft: 598.71
  • Above Grade Finished Sq Ft: 15859
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1012

Beds/Baths

  • Bedrooms: 7
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 12
  • Full Bathrooms: 10
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 7
  • Lower Levels Bathrooms: 3
  • Upper Level Bathrooms: 6.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 3.00
  • Upper Level Full Bathrooms: 6
  • Upper Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Exterior Features: Hot Tub, Lawn Sprinkler, Underground Lawn Sprinkler, Extensive Hardscape, Exterior Lighting, Bbq Grill
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Garage - Side Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 405.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • School District Key: 121138392980
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 3967130.00
  • Land Assessed Value: 1080000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.85
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 36858.00
  • Year Assessed: 2022
  • Zoning: 110
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19525228
  • Tax Annual Amount: 60389.00
  • Assessor Parcel Number: 0204 29 0142
  • Tax Lot: 142
  • Tax Page Number: 204
  • Tax Total Finished Sq Ft: 9487
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/22/2022

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 21, 2022
Sold by
Katherine K Finelli Residence Trust
Bought by
Green Edgar A and Green Cynthia
Seller's Agent
Daniel Heider
TTR Sotheby's International Realty
Buyer's Agent
Piper Yerks
Washington Fine Properties, LLC
List Price
$9,495,000
Sold Price
$8,700,000
Premium/Discount to List
-$795,000
-8.37%
Total Days on Market
22
Current Estimated Value
$6,048,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,651,442
Avg. Annual Appreciation
-8.51%
Original Mortgage
$5,779,800
Outstanding Balance
$5,551,826
Interest Rate
5.23%
Mortgage Type
VA
Estimated Equity
$1,182,340

Purchase Details

Closed on
Jun 6, 2011
Sold by
Carlson Trustee Carol
Bought by
Finelli Francis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,182,000
Interest Rate
4.85%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Green Edgar A $8,700,000 Commonwealth Land Title
Finelli Francis A $5,975,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Edgar A $5,779,800
Previous Owner Finelli Francis A $3,883,750
Previous Owner Finelli Francis A $4,182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $8,700,000 -8.4% $549 / Sq Ft
06/01/2022 06/01/22 For Sale $9,495,000 -- $599 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $100,164 $8,477,670 $1,080,000 $7,397,670
2023 $93,685 $8,135,910 $1,080,000 $7,055,910
2022 $58,875 $5,047,130 $1,080,000 $3,967,130
2021 $50,791 $4,244,940 $939,000 $3,305,940
2020 $55,647 $4,612,270 $939,000 $3,673,270
2019 $55,008 $4,559,270 $886,000 $3,673,270
2018 $57,125 $4,967,410 $886,000 $4,081,410
2017 $55,821 $4,714,590 $869,000 $3,845,590
2016 $58,800 $4,976,730 $869,000 $4,107,730
2015 $57,502 $5,048,500 $869,000 $4,179,500
2014 $56,384 $4,961,200 $869,000 $4,092,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2065368

Bright MLS

APN: 0204-29-0142