NOT LISTED FOR SALE

1312 Merchant Ln McLean, VA 22101

Estimated Value: $3,513,000 - $4,541,000

7 Beds
6.5 Baths
8,300 Sq Ft
$485/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $3,000,000 $361 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $24,680/month

Highlights

  • Water Oriented
  • Eat-In Gourmet Kitchen
  • 3.6 Acre Lot
  • Sherman Elementary School Rated A
  • Scenic Views
  • Open Floorplan

About This Home

As of August 2021

RURAL LIFESTYLE IN THE PERFECT MCLEAN LOCATION! This gorgeous 3.6-acre property â?? set just 5 minutes away from both downtown McLean, VA, and the historic Chain Bridge into Washington, D.C. â?? consists of lush green lawns and a large pond, and is entirely bordered by woodlands. This much land is a rare find in McLean, or anywhere so close to D.C., with convenient access to Reagan and Dulles International Airports; the world-class shopping, dining, business centers, and Metro Rail at Tysons Corner; and the many renowned academic institutions within the D.C. Metro Area. Yet the private lane neighborhood contributes to a cozy sense of belonging and community. WORK FROM HOME? The unique 7-bedroom home spans approximately 8,300 square feet across four finished levels and includes an entirely separate 1-bedroom apartment with full kitchen and its own outside access â?? perfect for use as an in-law suite or private professional office. The interiors and exteriors are freshly painted, and walls of windows stream natural light. Multiple sets of french doors, two staircases to the walk-out lower recreation level, and expansive rear patios and lawns invite seamless indoor-outdoor flow for both gracious entertaining and enjoyable living. Special features include a separate family room with fireplace and cathedral ceiling, multiple glass doors that walk out to slate terraces and patios, a custom-designed dine-in kitchen with a unique cathedral ceiling and Jerusalem limestone countertops, and a separate office suite that could be used as a main-level bedroom. Upstairs in the main residence, the master bedroom suite has several closets and a spa bath with corner tub and separate shower. Four additional bedrooms and two baths offer additional accommodations across the second and third floors. The lower, walk-out level includes a recreation room with wet bar, a wine closet that holds 1500 bottles, and several bonus rooms that can be used as bedrooms, offices, fitness rooms, studies or craft rooms. The home's unique energy conservation features include a geothermal wall, a solar voltaic system and solar hot water system, leading to low utility bills. This quintessential "home sweet home" only awaits your final personal touch!

Last Agent to Sell the Property

Fouad Talout

(703) 459-4144 fouad.talout@gmail.com Long & Foster Real Estate, Inc. License #0225095718 Listed on: 08/18/2021

Long & Foster Real Estate, Inc.

Co-Listed By

Jack Spahr

(703) 598-0267 jackspahr1@gmail.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Ann Duff

(703) 965-8700 aaduff1@gmail.com Corcoran McEnearney License #0225148410

Corcoran McEnearney

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,012

Year Built

  • Built in 1985

Lot Details

  • 3.6 Acre Lot
  • Landscaped
  • Corner Lot
  • Partially Wooded Lot
  • Back and Side Yard
  • Property is in very good condition

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • Pond
  • Scenic Vista
  • Creek or Stream

Home Design

  • Colonial Architecture
  • Studio

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Bar
  • 1 Fireplace
  • Family Room Off Kitchen
  • Formal Dining Room

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Stainless Steel Appliances
  • Kitchen Island
  • Wine Rack

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Laundry on main level
  • Front Loading Dryer
  • Front Loading Washer

Improved Basement

  • Heated Basement
  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Basement with some natural light

Eco-Friendly Details

  • Solar Water Heater

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Pond
  • Stream or River on Lot

Schools

  • Franklin Sherman Elementary School
  • Longfellow Middle School
  • Mclean High School

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Programmable Thermostat
  • Well
  • Septic Equal To The Number Of Bedrooms

Community Details

  • No Home Owners Association
  • Clearview Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0312 01 0124D

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,012

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 1985
  • Remarks Public: RURAL LIFESTYLE IN THE PERFECT MCLEAN LOCATION! This gorgeous 3.6-acre property — set just 5 minutes away from both downtown McLean, VA, and the historic Chain Bridge into Washington, D.C. — consists of lush green lawns and a large pond, and is entirely bordered by woodlands. This much land is a rare find in McLean, or anywhere so close to D.C., with convenient access to Reagan and Dulles International Airports; the world-class shopping, dining, business centers, and Metro Rail at Tysons Corner; and the many renowned academic institutions within the D.C. Metro Area. Yet the private lane neighborhood contributes to a cozy sense of belonging and community. WORK FROM HOME? The unique 7-bedroom home spans approximately 8,300 square feet across four finished levels and includes an entirely separate 1-bedroom apartment with full kitchen and its own outside access — perfect for use as an in-law suite or private professional office. The interiors and exteriors are freshly painted, and walls of windows stream natural light. Multiple sets of french doors, two staircases to the walk-out lower recreation level, and expansive rear patios and lawns invite seamless indoor-outdoor flow for both gracious entertaining and enjoyable living. Special features include a separate family room with fireplace and cathedral ceiling, multiple glass doors that walk out to slate terraces and patios, a custom-designed dine-in kitchen with a unique cathedral ceiling and Jerusalem limestone countertops, and a separate office suite that could be used as a main-level bedroom. Upstairs in the main residence, the master bedroom suite has several closets and a spa bath with corner tub and separate shower. Four additional bedrooms and two baths offer additional accommodations across the second and third floors. The lower, walk-out level includes a recreation room with wet bar, a wine closet that holds 1500 bottles, and several bonus rooms that can be used as bedrooms, offices, fitness rooms, studies or craft rooms. The home's unique energy conservation features include a geothermal wall, a solar voltaic system and solar hot water system, leading to low utility bills. This quintessential "home sweet home" only awaits your final personal touch!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer - Front Loading, Water Heater - Solar, Washer - Front Loading, Stainless Steel Appliances, Oven/Range - Gas
  • Interior Amenities: Bar, Breakfast Area, Built-Ins, Carpet, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Traditional, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Studio, Wine Storage, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Partial, Heated, Improved, Interior Access, Outside Entrance, Walkout Level
  • Laundry Type: Main Floor
  • Total Sq Ft: 9300
  • Living Area Sq Ft: 8300
  • Price Per Sq Ft: 491.54
  • Above Grade Finished Sq Ft: 6500
  • Below Grade Finished Sq Ft: 1800
  • Below Grade Sq Ft: 1000
  • Total Below Grade Sq Ft: 2800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1312

Beds/Baths

  • Bedrooms: 7
  • Main Level Bedrooms: 1
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Upper Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • View: Creek/Stream, Pond, Scenic Vista, Water
  • Water Access: No
  • Water Body Type: Pond
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Programmable Thermostat, Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Solar
  • Sewer/Septic System: Septic = # Of Br
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • Elementary School: FRANKLIN SHERMAN
  • Middle School: LONGFELLOW
  • High School: MCLEAN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138392980
  • School District Source: Listing Agent
  • Elementary School: FRANKLIN SHERMAN
  • High School: MCLEAN
  • Middle Or Junior School: LONGFELLOW

Lot Info

  • Lot Features: Corner, Landscaping, Partly Wooded, Pond, Rear Yard, Road Frontage, Sideyard(s), Stream/Creek
  • Lot Size Acres: 3.60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 156968.00
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19461141
  • Assessor Parcel Number: 0312 01 0124D
  • Tax Year: 2020
  • Close Date: 08/18/2021

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Aug 18, 2021
Sold by
Chappell Samuel Marcus and Chappell Samuel Marcus
Bought by
Holtby Brandi and Holtby Braden
Seller's Agent
Fouad Talout
Long & Foster Real Estate, Inc.
Buyer's Agent
Ann Duff
Corcoran McEnearney
List Price
$3,195,000
Sold Price
$3,000,000
Premium/Discount to List
-$195,000
-6.1%
Current Estimated Value
$4,026,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,026,174
Avg. Annual Appreciation
7.40%
Original Mortgage
$2,400,000
Outstanding Balance
$2,177,399
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,848,775

Purchase Details

Closed on
Apr 23, 1996
Sold by
Grosvenor Gilbert M
Bought by
Chappell Samuel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
7.34%
Mortgage Type
Purchase Money Mortgage
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
Holtby Brandi $3,000,000 Title Resources Guaranty Co
Chappell Samuel M $1,270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holtby Brandi $2,400,000
Previous Owner Chappell Samuel M $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $3,000,000 -6.1% $361 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $3,195,000 -- $385 / 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
2025 $40,012 $3,702,280 $1,988,000 $1,714,280
2024 $37,732 $3,193,570 $1,921,000 $1,272,570
2023 $34,962 $3,036,250 $1,812,000 $1,224,250
2022 $34,435 $2,952,030 $1,748,000 $1,204,030
2021 $32,388 $2,706,910 $1,589,000 $1,117,910
2020 $31,902 $2,644,210 $1,528,000 $1,116,210
2019 $30,720 $2,546,220 $1,498,000 $1,048,220
2018 $29,058 $2,526,780 $1,498,000 $1,028,780
2017 $29,841 $2,520,330 $1,498,000 $1,022,330
2016 $29,778 $2,520,330 $1,498,000 $1,022,330
2015 $28,638 $2,514,320 $1,498,000 $1,016,320
2014 $28,465 $2,504,600 $1,498,000 $1,006,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2016544

Bright MLS

APN: 0312-01-0124D