NOT LISTED FOR SALE

The Palladium at McLean 1450 Emerson Ave Unit 310 McLean, VA 22101

Estimated Value: $1,097,000 - $1,229,000

2 Beds
2.5 Baths
1,714 Sq Ft
$771/mo HOA Fee

Last Sold April 23, 2012

Last sale price $820,000 $478 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $8,211/month

121 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Open Floorplan
  • Sherman Elementary School Rated A
  • 24-Hour Security
  • Colonial Architecture

About This Home

As of April 2012

**Shows like a model home** Fabulous condo with 2BR/2.5BA and spacious den in downtown McLean. Private elevator to residence for ultimate privacy. Hardwood floors throughout. Gourmet kitchen w/ granite countertops, glass tile backsplash, stainless steel appliances & breakfast area. Balcony off LR overlooks courtyard. Two parking spaces plus storage room. Walk to shops, grocery and restaurants!

Last Listed By

Diane Lewis

Washington Fine Properties, LLC License #524617 Listed on: 10/10/2011

Washington Fine Properties, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,986

Year Built

  • Built in 2005

Lot Details

  • 0.64

HOA Fees

  • $771 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,714 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Fireplace Mantel
  • Window Treatments
  • French Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Down Draft Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Water Dispenser
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 30-2-53- -310

Community Details

Overview

  • Moving Fees Required
  • Association fees include exterior building maintenance, gas, management, insurance, reserve funds, sewer, snow removal, water
  • Mid-Rise Condominium
  • Palladium At Mcl Community
  • The community has rules related to recreational equipment, building or community restrictions, moving in times

Amenities

  • Concierge
  • Community Center
  • Party Room
  • Elevator

Recreation

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,986

Year Built

Built in 2005

Lot Details

0

HOA Fees

$771 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Cooktop, Cooktop - Down Draft, Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven - Wall, Refrigerator, Trash Compactor, Washer, Water Dispenser
  • Interior Amenities: Kitchen - Table Space, Dining Area, Chair Railings, Crown Moldings, Window Treatments, Elevator, Entry Level Bedroom, Upgraded Countertops, Master Bath(s), Wood Floors, Floor Plan - Open
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Kitchen, Den, Foyer
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1714
  • Living Area Sq Ft: 1714
  • Price Per Sq Ft: 495.89
  • Above Grade Finished Sq Ft: 1714
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Secure Storage
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Garage Features: Underground

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: 24 Hour Security, Desk In Lobby, Fire Detection System, Main Entrance Lock, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 771.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Exercise Room, Party Room, Community Center, Security
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Gas, Management, Insurance, Reserve Funds, Sewer, Snow Removal, Water
  • HOA Condo Co-Op Rules: Building Restrictions, Elevator Use, Moving Fees Required, Moving In Times, Rec Equip
  • HOA: No

Lot Info

  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Zoning: 350

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19542412
  • Assessor Parcel Number: 30-2-53- -310
  • Tax Page Number: 302
  • Tax Total Finished Sq Ft: 1640
  • Close Date: 04/23/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2011
Closed on
Apr 16, 2012
Sold by
Saxton Michael D
Bought by
Kelley Keith F
Seller's Agent
Diane Lewis
Washington Fine Properties, LLC
Buyer's Agent
Robert Blitzer
Samson Properties
List Price
$875,000
Sold Price
$820,000
Premium/Discount to List
-$55,000
-6.29%
Total Days on Market
121
Current Estimated Value
$1,165,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,548
Avg. Annual Appreciation
2.72%

Purchase Details

Closed on
Aug 3, 2009
Sold by
Cooper Vivian
Bought by
Saxton Michael

Purchase Details

Closed on
Apr 18, 2008
Sold by
Emerson 310 Llc
Bought by
Cooper Vivian E and Saxton,Mary C

Purchase Details

Closed on
Nov 18, 2005
Sold by
Waterford Mclean Llc
Bought by
Emerson 310 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$681,000
Interest Rate
6.07%
Mortgage Type
New Conventional

Range of Values:

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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
Kelley Keith F $820,000 --
Saxton Michael $174,982 --
Cooper Vivian E $813,120 --
Emerson 310 Llc $665,540 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Emerson 310 Llc $681,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2012 04/23/12 Sold $820,000 -3.5% $478 / Sq Ft
02/08/2012 02/08/12 Pending -- -- --
01/24/2012 01/24/12 Price Changed $849,950 -2.9% $496 / Sq Ft
10/10/2011 10/10/11 For Sale $875,000 -- $511 / 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
2024 $10,986 $929,860 $186,000 $743,860
2023 $10,497 $911,630 $182,000 $729,630
2022 $10,426 $893,750 $179,000 $714,750
2021 $10,588 $884,900 $177,000 $707,900
2020 $10,168 $842,760 $169,000 $673,760
2019 $9,743 $807,580 $168,000 $639,580
2018 $9,674 $841,230 $168,000 $673,230
2017 $10,216 $862,800 $173,000 $689,800
2016 $11,327 $958,670 $192,000 $766,670
2015 $11,086 $973,350 $195,000 $778,350
2014 $9,877 $869,060 $174,000 $695,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004605578

Bright MLS

APN: 0302-53-0310