NOT LISTED FOR SALE

1340 Pine Tree Rd McLean, VA 22101

Estimated Value: $2,897,000 - $3,344,000

0.6 Acre
$5,213,252 Price per Acre
26,136 Sq Ft Lot

Last Sold May 21, 2020

Last sale price $899,000

Est. 248% increase in value since last sale

Current estimated payment $19,779/month

3 Days on Market

About This Lot

As of May 2020

Vacant .60-acre lot in the Westmont neighborhood of McLean. Excellent location - close to the GW Parkway and Chain Bridge. Only 1 light to DC. Public water and sewer available. Gas and electric available. Recent new build comp on street sold for $2.7m+.

Last Listed By

Lizzy Conroy

Keller Williams Realty License #0225193040 Listed on: 03/28/2020

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,637

Year Built

  • 2022

Lot Details

  • 0.6 Acre Lot
  • Property is zoned 120

Schools

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

Utilities

  • Fiber Optics Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Westmont Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 0312 02 0014

Property Details

Property Type

Land

Est. Annual Taxes

$7,637

Year Built

2022

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Remarks Public: Vacant .60-acre lot in the Westmont neighborhood of McLean. Excellent location - close to the GW Parkway and Chain Bridge. Only 1 light to DC. Public water and sewer available. Gas and electric available. Recent new build comp on street sold for $2.7m+.
  • Special Features: None
  • Year Built (Public Record): 2022

Interior Features

  • Price Per Sq Ft: 33.90
  • Street Number Modifier: 1340

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Cable Tv Available, Fiber Optics Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: 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

  • Additional Parcels: No
  • Land Use Code: 151
  • Lot Size Acres: 0.60
  • Lot Dimensions: Approximately 120' x 219'
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 26223.00
  • Possible Use: Residential
  • Year Assessed: 2019
  • Zoning: 120
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19246766
  • Tax Annual Amount: 7637.00
  • Assessor Parcel Number: 0312 02 0014
  • Tax Lot: 14
  • Tax Page Number: 312
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 05/21/2020

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2020
Closed on
May 21, 2020
Sold by
Taylor Charles E
Bought by
Yan He and Xue Mei
Seller's Agent
Lizzy Conroy
Keller Williams Realty
List Price
$889,000
Sold Price
$899,000
Premium/Discount to List
$10,000
1.12%
Total Days on Market
3
Current Estimated Value
$3,127,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,228,951
Avg. Annual Appreciation
27.61%
Original Mortgage
$1,399,200
Outstanding Balance
$1,249,535
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,777,543

Range of Values:

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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
Yan He $899,000 Strategic Natl Ttl Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yan He $1,399,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2020 05/21/20 Sold $899,000 +1.1% --
03/28/2020 03/28/20 For Sale $889,000 -- --
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
2024 $29,241 $2,427,960 $568,000 $1,859,960
2023 $27,171 $2,317,090 $538,000 $1,779,090
2022 $14,090 $2,134,090 $523,000 $1,611,090
2021 $7,275 $608,000 $508,000 $100,000
2020 $6,756 $508,000 $508,000 $0
2019 $4,637 $633,000 $633,000 $0
2018 $7,280 $633,000 $633,000 $0
2017 $3,995 $633,000 $633,000 $0
2016 $4,195 $609,000 $609,000 $0
2015 $6,937 $609,000 $609,000 $0
2014 $3,172 $586,000 $586,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX1116770

Bright MLS

APN: 0312-02-0014