NOT LISTED FOR SALE

1216 Oak Ridge Ave McLean, VA 22101

Estimated Value: $1,698,000 - $2,178,000

3 Beds
4 Baths
2,650 Sq Ft
$698/Sq Ft Est. Value

Last Sold September 30, 2013

Last sale price $1,300,000 $491 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $11,821/month

About This Home

As of September 2013

A rare opportunity, an absolutely breathtaking modern home designed by celebrated architect Robert Gurney, FAIA., located in one of McLean, Virginia's private enclaves, with excellent convenience to the heart of town and direct access to major routes to Washington D.C. and Maryland. The setting is remarkable, and the house speaks for itself. It is a must see.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2013
Closed on
Sep 30, 2013
Sold by
Steed Howard S
Bought by
Gartner Cherie R
Seller's Agent
Penny Yerks
Washington Fine Properties, LLC
Buyer's Agent
Debra L Talley
TTR Sothebys International Realty
List Price
$1,399,000
Sold Price
$1,300,000
Premium/Discount to List
-$99,000
-7.08%
Current Estimated Value
$1,850,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$550,164
Avg. Annual Appreciation
2.96%
Original Mortgage
$975,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2004
Sold by
Pinto Leon
Bought by
Yates Allison A and Steed,Howard S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$888,750
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 1998
Sold by
Watt Thomas J
Bought by
Latter Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.89%

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Gartner Cherie R $1,300,000 --
Yates Allison A $1,185,000 --
Latter Richard $640,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gartner Cherie R $1,460,000
Closed Gartner Cherie R $975,000
Previous Owner Yates Allison A $888,750
Previous Owner Latter Richard $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2018 08/03/18 Rented $7,900 -3.7% --
08/03/2018 08/03/18 Under Contract -- -- --
07/17/2018 07/17/18 For Rent $8,200 +105.0% --
01/08/2014 01/08/14 Rented $4,000 -11.1% --
01/08/2014 01/08/14 Under Contract -- -- --
10/02/2013 10/02/13 For Rent $4,500 0.0% --
09/30/2013 09/30/13 Sold $1,300,000 -7.1% $674 / Sq Ft
08/03/2013 08/03/13 Pending -- -- --
07/02/2013 07/02/13 For Sale $1,399,000 +7.6% $725 / Sq Ft
07/01/2013 07/01/13 Off Market $1,300,000 -- --
07/01/2013 07/01/13 For Sale $1,399,000 -- $725 / Sq Ft

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 $17,569 $1,487,040 $934,000 $553,040
2023 $17,123 $1,487,040 $934,000 $553,040
2022 $16,310 $1,398,180 $882,000 $516,180
2021 $16,711 $1,396,630 $882,000 $514,630
2020 $16,571 $1,373,460 $869,000 $504,460
2019 $15,626 $1,295,190 $860,000 $435,190
2018 $14,895 $1,295,190 $860,000 $435,190
2017 $15,335 $1,295,190 $860,000 $435,190
2016 $14,776 $1,250,580 $860,000 $390,580
2015 $13,959 $1,225,580 $835,000 $390,580
2014 $13,834 $1,217,230 $825,000 $392,230
Source: Public Records

Agents Affiliated with this Home

  • Ron Mangas

    Seller's Agent in 2018

    Ron Mangas

    TTR Sotheby's International Realty

    (703) 298-2564

    4 in this area

    47 Total Sales

    Ron Mangas
    Section Image
  • Debra L Talley

    Seller's Agent in 2014

    Debra L Talley

    TTR Sotheby's International Realty

    (703) 408-3266

    13 Total Sales

    Debra L Talley
    Section Image
  • Penny Yerks

    Seller's Agent in 2013

    Penny Yerks

    Washington Fine Properties

    (703) 760-0744

    41 in this area

    66 Total Sales

    Penny Yerks
    Section Image
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Map

Virginia Fairfax County McLean 22101

1216 Oak Ridge Ave, McLean, VA

Homes for Sale in McLean, VA

This home is located at 1216 Oak Ridge Ave, McLean, VA 22101 and is currently estimated at $1,850,164, approximately $698 per square foot. 1216 Oak Ridge Ave is a home located in Fairfax County with nearby schools including Churchill Road Elementary School, Cooper Middle School, and Langley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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