NOT LISTED FOR SALE

1322 Merchant Ln McLean, VA 22101

Estimated Value: $2,928,000 - $4,016,987

6 Beds
7 Baths
6,349 Sq Ft
$545/Sq Ft Est. Value

Sale Details

Date Sold: June 8, 2017

Last sale price $1,850,000 $291 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $21,689 / mo

474 Days on Market

Highlights

  • In Ground Pool
  • 2.55 Acre Lot
  • Contemporary Architecture
  • Sherman Elementary School Rated A
  • Open Floorplan
  • Private Lot

About This Home

As of June 2017

Private retreat just minutes from D.C., beautiful Mid Century Modern home on a level & landscaped 2.55 acres. Open floor plan featuring a two story great rm w/ a ceiling to floor brick FP, 1st floor master w/ access to the stone terrace, 2 master Ba & large sitting rm, bright sun rm & more! Stone terrace overlooks luxury pool.

Last Agent to Sell the Property

Piper Yerks

(703) 317-7000 info@wfp.com Washington Fine Properties, LLC License #0225059965 Listed on: 09/25/2014

Washington Fine Properties, LLC

Last Buyer's Agent

Piper Yerks

(703) 317-7000 info@wfp.com Washington Fine Properties, LLC License #0225059965 Listed on: 09/25/2014

Washington Fine Properties, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,622

Year Built

  • Built in 1965

Lot Details

  • 2.55 Acre Lot
  • Private Lot
  • Secluded Lot
  • Open Lot
  • Cleared Lot
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned 110

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Beamed Ceilings
  • Brick Wall or Ceiling
  • Two Story Ceilings
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • French Doors
  • Sliding Doors
  • Family Room Off Kitchen
  • Dining Area
  • Home Security System

Kitchen

  • Butlers Pantry
  • Kitchen Island

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms

Outdoor Features

  • In Ground Pool
  • Patio
  • Terrace

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Well
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 31-1-1- -21A

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,622

Year Built

Built in 1965

Lot Details

2.55 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1965
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Butlers Pantry, Family Room Off Kitchen, Kitchen - Island, Dining Area, Recessed Lighting, Floor Plan - Open
  • Window Features: Skylights
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: French, Sliding Glass
  • Wall Ceiling Types: 2 Story Ceilings, Brick, Beamed Ceilings, High
  • Entry Location: Foyer
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 2
  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Main Level Bathrooms: 4.00
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 2

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Pool Features: In Ground
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • 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: Heat Pump(s), Zoned, Central A/C
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Forced Air, Zoned, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 794510.00
  • Land Assessed Value: 1284000.00
  • Lot Features: Backs To Trees, Cleared, Open, Secluded, Private
  • Lot Size Acres: 2.55
  • Lot Size Area: 110895
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 110895.00
  • Outdoor Living Structures: Terrace, Patio(s)
  • Property Condition: Very Good
  • Zoning: 110

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19461064
  • Tax Annual Amount: 23622.27
  • Assessor Parcel Number: 31-1-1- -21A
  • Tax Lot: 1
  • Tax Page Number: 311
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2014
Closed on
Jun 7, 2017
Sold by
Ewing Betty G
Bought by
Tafti Ark and Sarbaz Khadijeh Z
Seller's Agent
Piper Yerks
Washington Fine Properties, LLC
Buyer's Agent
Piper Yerks
Washington Fine Properties, LLC
List Price
$2,195,000
Sold Price
$1,850,000
Premium/Discount to List
-$345,000
-15.72%
Current Estimated Value
$3,461,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,611,662
Avg. Annual Appreciation
7.30%
Original Mortgage
$1,200,000
Interest Rate
4.05%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tafti Ark $1,800,000 Commonwealth Land Title
Tafti Ark $1,800,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tafti Ark $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2017 06/08/17 Sold $1,850,000 -2.6% $291 / Sq Ft
01/12/2016 01/12/16 Pending -- -- --
10/19/2015 10/19/15 Price Changed $1,899,000 -13.5% $299 / Sq Ft
10/14/2015 10/14/15 For Sale $2,195,000 0.0% $346 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $2,195,000 +18.6% $346 / Sq Ft
09/09/2015 09/09/15 Off Market $1,850,000 -- --
05/15/2015 05/15/15 Price Changed $2,195,000 -12.2% $346 / Sq Ft
09/26/2014 09/26/14 For Sale $2,500,000 +35.1% $394 / Sq Ft
09/25/2014 09/25/14 Off Market $1,850,000 -- --
09/25/2014 09/25/14 For Sale $2,500,000 -- $394 / Sq Ft
Source: Bright MLS

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
2022 $22,096 $1,894,230 $1,349,000 $545,230
2020 $19,738 $1,635,970 $1,179,000 $456,970
2019 $19,234 $1,594,170 $1,156,000 $438,170
2018 $19,140 $1,586,410 $1,156,000 $430,410
2017 $21,809 $1,841,950 $1,156,000 $685,950
2016 $21,763 $1,841,940 $1,156,000 $685,940
2015 $24,060 $2,112,350 $1,284,000 $828,350
2014 $23,622 $2,078,510 $1,284,000 $794,510
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003213786

Bright MLS

APN: 031-1-01-0021-A

Your Personal Tour Guide

Ask me questions while you tour the home.