NOT LISTED FOR SALE

1026 Founders Ridge Ln McLean, VA 22102

Estimated Value: $3,686,568 - $5,190,000

7 Beds
10 Baths
10,500 Sq Ft
$422/Sq Ft Est. Value

Last Sold September 12, 2019

Last sale price $3,200,000 $305 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $28,432/month

64 Days on Market

Highlights

  • Gourmet Kitchen
  • 0.93 Acre Lot
  • Colonial Architecture
  • Churchill Road Elementary School Rated A
  • Dual Staircase
  • Wood Flooring

About This Home

As of September 2019

Prominently sited in The Reserve! Meticulously appointed with only the finest quality materials & attention to detail. The two story foyer with floating staircase and custom wrought iron banister, walnut floors, arched doorways, incredible kitchen with new countertops, custom cabinetry. Master bedroom has expanded custom His/Hers walk-in extra large closets, sitting room and separate his/her bath areas. A covered, private balcony, fireplace and sitting area complete the master suite. Fully finished lower level; that features; Home theater, exercise room, full wet bar/kitchen area, Billiards area, and walk out to flagstone patio with fire pit hardscape. Guest suite above garage! Recent improvements include the following: Repaved the driveway, Merrifield added new front door entry steps and replaced all driveway pavers. Added a lower level back patio seating area with firepit. Replaced front door with an ornamental Iron Baltic Iron Door. Replaced all flooring on first and second levels with premium walnut wood floors.Replaced staircase with craftsmen iron-forged balustrades from Cardine Studios. Coffered living room ceiling and modernized fireplace with stacked stone surround and soap stone hearth. Rebuilt kitchen island and replaced all countertops with Taj Mahal Avanti granite and updated all pendant lighting. Replaced all laundry room and mudroom cabinets and added two stacked washers and dryers, new granite countertop and sink. Refurbished His and Her closets in Master Bedroom with new cabinetry and sitting area for Him including beverage center. Completely remodeled His bathroom with new crema marfil marble, lighting and fixtures and upgraded steam. Replaced new carpet in all bedrooms. Renovated Jack and Jill bathroom with new tile, fixtures, cabinetry and shower. Updated all Audio-Visual components and added Sirius Radio.All new Air Conditioning and Heating units.Replaced basement bar countertop with updated honed granite. Replaced all door handles, levers, plumbing fixtures and cabinet hardware. The Reserve is a breathtaking estate community situated on more than 258 wooded acres in McLean, Virginia. This beautiful 166-home community offers around-the-clock security and other services available from the security staff stationed at The Reserve's Gatehouse.

Last Agent to Sell the Property

Mark McFadden

Compass Listed on: 05/30/2019

Compass

Co-Listed By

Hunter McFadden

Compass

Last Buyer's Agent

Bettina Dee

Samson Properties License #0225093599

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,266

Year Built

  • Built in 2006

Lot Details

  • 0.93 Acre Lot
  • Extensive Hardscape
  • Property is zoned 110

HOA Fees

  • $435 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Stone Siding
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Wet Bar
  • Dual Staircase
  • Built-In Features
  • Bar
  • 3 Fireplaces
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Den
  • Library
  • Game Room
  • Wood Flooring
  • Alarm System

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Butlers Pantry
  • <<builtInOvenToken>>
  • Gas Oven or Range
  • <<builtInRangeToken>>
  • <<builtInMicrowave>>
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump
  • Natural lighting in basement

Outdoor Features

  • Exterior Lighting

Schools

  • Churchill Road Elementary School
  • Langley High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Water Dispenser
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 139
  • Assessor Parcel Number 0204 29 0139

Community Details

Overview

  • Association fees include lawn care front, reserve funds, security gate
  • Thereservehoa HOA
  • The Reserve Subdivision

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,266

Year Built

Built in 2006

Lot Details

0

HOA Fees

$435 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2006
  • Remarks Public: Prominently sited in The Reserve! Meticulously appointed with only the finest quality materials & attention to detail. The two story foyer with floating staircase and custom wrought iron banister, walnut floors, arched doorways, incredible kitchen with new countertops, custom cabinetry. Master bedroom has expanded custom His/Hers walk-in extra large closets, sitting room and separate his/her bath areas. A covered, private balcony, fireplace and sitting area complete the master suite. Fully finished lower level; that features; Home theater, exercise room, full wet bar/kitchen area, Billiards area, and walk out to flagstone patio with fire pit hardscape. Guest suite above garage! Recent improvements include the following: Repaved the driveway, Merrifield added new front door entry steps and replaced all driveway pavers. Added a lower level back patio seating area with firepit. Replaced front door with an ornamental Iron Baltic Iron Door. Replaced all flooring on first and second levels with premium walnut wood floors.Replaced staircase with craftsmen iron-forged balustrades from Cardine Studios. Coffered living room ceiling and modernized fireplace with stacked stone surround and soap stone hearth. Rebuilt kitchen island and replaced all countertops with Taj Mahal Avanti granite and updated all pendant lighting. Replaced all laundry room and mudroom cabinets and added two stacked washers and dryers, new granite countertop and sink. Refurbished His and Her closets in Master Bedroom with new cabinetry and sitting area for Him including beverage center. Completely remodeled His bathroom with new crema marfil marble, lighting and fixtures and upgraded steam. Replaced new carpet in all bedrooms. Renovated Jack and Jill bathroom with new tile, fixtures, cabinetry and shower. Updated all Audio-Visual components and added Sirius Radio.All new Air Conditioning and Heating units.Replaced basement bar countertop with updated honed granite. Replaced all door handles, levers, plumbing fixtures and cabinet hardware. The Reserve is a breathtaking estate community situated on more than 258 wooded acres in McLean, Virginia. This beautiful 166-home community offers around-the-clock security and other services available from the security staff stationed at The Reserve's Gatehouse.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Icemaker, Oven - Wall, Oven/Range - Gas, Refrigerator, Washer, Water Dispenser
  • Flooring Type: Hardwood
  • Interior Amenities: Breakfast Area, Bar, Built-Ins, Butlers Pantry, Dining Area, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Walk-In Closet(s), Wet/Dry Bar, Wood Floors, Double/Dual Staircase
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Sitting Room, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Den, Library, Foyer, Breakfast Room, Bathroom 1, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full, Daylight, Full, Fully Finished, Improved, Outside Entrance, Sump Pump, Walkout Level
  • Total Sq Ft: 10500
  • Living Area Sq Ft: 10500
  • Price Per Sq Ft: 445.51
  • Above Grade Finished Sq Ft: 7800
  • Below Grade Finished Sq Ft: 2700
  • Total Below Grade Sq Ft: 2700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1026

Beds/Baths

  • Bedrooms: 7
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 10
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 6
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 6.00
  • Lower Levels Bathrooms: 2.00
  • Upper Level Full Bathrooms: 6
  • Lower Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Stucco, Stone
  • Exterior Features: Extensive Hardscape, Exterior Lighting
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Circular Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Attached Garage, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Electric Alarm, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 435.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Lawn Care Front, Reserve Funds, Security Gate
  • HOA Name: THERESERVEHOA
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • Elementary School: CHURCHILL ROAD
  • High School: LANGLEY
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • School District Key: 121138392980
  • School District Source: Listing Agent
  • Elementary School: CHURCHILL ROAD
  • High School: LANGLEY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 1949150.00
  • Land Assessed Value: 891000.00
  • Land Use Code: 132
  • Lot Size Acres: 0.93
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 40578.00
  • Year Assessed: 2019
  • Zoning: 110
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19525225
  • Tax Annual Amount: 34266.00
  • Assessor Parcel Number: 0204 29 0139
  • Tax Lot: 139
  • Tax Page Number: 204
  • Tax Total Finished Sq Ft: 7038
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 09/12/2019

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2019
Closed on
Sep 23, 2019
Sold by
Xu Jinsong
Bought by
Xu Jinsong and Ding Xiulian
Seller's Agent
Mark McFadden
Compass
Buyer's Agent
Bettina Dee
Samson Properties
List Price
$3,475,000
Sold Price
$3,200,000
Premium/Discount to List
-$275,000
-7.91%
Current Estimated Value
$4,433,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,233,392
Avg. Annual Appreciation
5.75%

Purchase Details

Listed on
May 30, 2019
Closed on
Sep 11, 2019
Sold by
Allen Gerald B and Allen Kiersten L
Bought by
Xu Jinsong
Seller's Agent
Mark McFadden
Compass
Buyer's Agent
Bettina Dee
Samson Properties
List Price
$3,475,000
Sold Price
$3,200,000
Premium/Discount to List
-$275,000
-7.91%

Purchase Details

Closed on
Aug 6, 2010
Sold by
Lawler Maryann J and Lawler Stewart C
Bought by
Allen Gerald B and Allen Kiersten L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2003
Sold by
Miller And Smith At Mclea
Bought by
Lawler Ii Stewart C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Xu Jinsong -- Landmark Title Services Inc
Xu Jinsong $3,200,000 Landmark Title Services Inc
Allen Gerald B $3,450,000 --
Lawler Ii Stewart C $7,740,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allen Gerald B $2,500,000
Previous Owner Lawler Ii Stewart C $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2019 09/12/19 Sold $3,200,000 -7.9% $305 / Sq Ft
08/02/2019 08/02/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $3,475,000 -- $331 / 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 $41,293 $3,494,940 $1,086,000 $2,408,940
2023 $37,954 $3,296,040 $1,086,000 $2,210,040
2022 $38,448 $3,296,040 $1,086,000 $2,210,040
2021 $33,331 $2,785,700 $944,000 $1,841,700
2020 $36,078 $2,990,330 $944,000 $2,046,330
2019 $34,266 $2,840,150 $891,000 $1,949,150
2018 $35,152 $3,056,720 $891,000 $2,165,720
2017 $34,539 $2,917,130 $874,000 $2,043,130
2016 $36,131 $3,058,030 $874,000 $2,184,030
2015 $35,413 $3,109,170 $874,000 $2,235,170
2014 $35,067 $3,085,490 $874,000 $2,211,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX1060718

Bright MLS

APN: 0204-29-0139