NOT LISTED FOR SALE

1240 Kensington Rd Unit 8400 McLean, VA 22101

Estimated Value: $968,000 - $1,162,000

2 Beds
2 Baths
1,237 Sq Ft
$856/Sq Ft Est. Value

About This Home

This home is located at 1240 Kensington Rd Unit 8400, McLean, VA 22101 and is currently estimated at $1,059,382, approximately $856 per square foot. 1240 Kensington Rd Unit 8400 is a home located in Fairfax County with nearby schools including Churchill Road Elementary School, Cooper Middle School, and Langley High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2023
Sold by
Harrell Benjamin L and Harrell Lani
Bought by
Shim Jonathan Joseph and Shim Angela Jihae
Current Estimated Value
$1,059,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$232,911
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$809,321

Purchase Details

Closed on
Mar 18, 2016
Sold by
Zimmerman William G
Bought by
Harrell Benjamin L and Harrell Lani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2006
Sold by
Spelbring Jodi
Bought by
Zimmerman William Grey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 1999
Sold by
Perry Edward J
Bought by
Hooper Jodi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,650
Interest Rate
6.83%

Purchase Details

Closed on
Mar 1, 1994
Sold by
Vaughn Est By Dev M
Bought by
Perry Edward J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,650
Interest Rate
6.96%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Shim Jonathan Joseph $950,000 First American Title
Harrell Benjamin L $662,500 Ekko Title
Zimmerman William Grey $625,000 --
Hooper Jodi L $238,000 --
Perry Edward J $164,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shim Jonathan Joseph $250,000
Previous Owner Harrell Benjamin L $625,500
Previous Owner Zimmerman William $35,000
Previous Owner Zimmerman William $415,700
Previous Owner Zimmerman William G $417,000
Previous Owner Zimmerman William Grey $500,000
Previous Owner Hooper Jodi L $176,650
Previous Owner Perry Edward J $156,650
Source: Public Records

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 $10,873 $920,230 $629,000 $291,230
2023 $9,812 $852,080 $574,000 $278,080
2022 $8,595 $736,820 $459,000 $277,820
2021 $8,387 $700,920 $459,000 $241,920
2020 $7,950 $658,920 $436,000 $222,920
2019 $7,852 $650,830 $436,000 $214,830
2018 $7,335 $637,830 $423,000 $214,830
2017 $7,265 $613,620 $403,000 $210,620
2016 $6,924 $586,060 $403,000 $183,060
2015 $6,598 $579,290 $403,000 $176,290
2014 $6,191 $544,780 $384,000 $160,780
Source: Public Records

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