NOT LISTED FOR SALE

1224 Potomac School Rd McLean, VA 22101

Estimated Value: $1,865,000 - $2,160,000

7 Beds
7 Baths
3,888 Sq Ft
$531/Sq Ft Est. Value

About This Home

This home is located at 1224 Potomac School Rd, McLean, VA 22101 and is currently estimated at $2,065,943, approximately $531 per square foot. 1224 Potomac School Rd is a home located in Fairfax County with nearby schools including Sherman Elementary School, Longfellow Middle School, and McLean High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2020
Sold by
Chung Philip K and Ahn Jung M
Bought by
Chung Philip K and Ahn Jung M
Current Estimated Value
$2,065,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Outstanding Balance
$687,479
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,378,464

Purchase Details

Closed on
Aug 16, 2016
Sold by
Chung Philip K and Ahn Jung M
Bought by
Chung Philip K and Ahn Jung M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$788,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 27, 2006
Sold by
Hammeke Theodore P
Bought by
Chung Philip K and Ahn,Jung M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6.29%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Chung Philip K -- None Available
Chung Philip K -- None Available
Chung Philip K $1,225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Philip K $775,000
Previous Owner Chung Philip K $788,000
Previous Owner Chung Philip K $825,000
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
2025 $21,738 $1,930,280 $911,000 $1,019,280
2023 $19,196 $1,667,000 $837,000 $830,000
2022 $18,675 $1,600,900 $774,000 $826,900
2021 $16,996 $1,420,460 $671,000 $749,460
2020 $17,614 $1,459,900 $671,000 $788,900
2019 $16,474 $1,365,430 $592,000 $773,430
2018 $15,721 $1,367,000 $592,000 $775,000
2017 $15,507 $1,309,710 $592,000 $717,710
2016 $15,262 $1,291,710 $574,000 $717,710
Source: Public Records

Map

Virginia Fairfax County McLean 22101

1224 Potomac School Rd, McLean, VA

Not Listed for Sale

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