NOT LISTED FOR SALE

The Palladium at McLean 1450 Emerson Ave Unit 312 McLean, VA 22101

Estimated Value: $1,072,000 - $1,172,169

2 Beds
2.5 Baths
1,670 Sq Ft
$1,080/mo HOA Fee

Last Sold April 10, 2020

Last sale price $935,000 $560 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $8,411/month

6 Days on Market

Highlights

  • Concierge
  • Bar or Lounge
  • Traditional Architecture
  • Sherman Elementary School Rated A
  • Fitness Center
  • 1 Fireplace

About This Home

As of April 2020

OPEN HOUSE CANCELED - CONTRACT PENDING. Welcome to Residence #312 at The Palladium - McLean's most sought-after condominium address. This stunning 2BR / 2.5BA + DEN offers two balconies, two garage parking spaces with adjacent private storage room, and tranquil, courtyard views to the southwest. Direct elevator access conveniently located steps from side-by-side secure parking. Pride of ownership is evident from the stellar condition of the home and upgrades completed by the sellers including: custom closet shelving in the owner's bedroom, quartz serving-counter w/ art display wall in the dining room, & ceilings fans in the living area & owner's suite. A spacious chef's kitchen features granite counters with under-mount sink, stainless steel appliances including gas cook top w/ exterior-vented hood, and high-end cabinetry. The Palladium is a full-service building offering 7-day/week concierge, on-site management, grand two-story lobby, large party room with billiards & catering kitchen, conference room, and multi-room fitness center. Solid concrete & steel construction provide for your quiet enjoyment while the condo fee covers all utilities except electric. Downtown McLean location is steps to shopping, dining, grocery with quick access to Tysons, Metro & DC.

Last Listed By

Jamie Test

Compass License #SP600876 Listed on: 02/03/2020

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,743

Year Built

  • Built in 2005

Lot Details

  • 0.64

HOA Fees

  • $1,080 Monthly HOA Fees

Parking

  • Parking Storage or Cabinetry

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,670 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Courtyard Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Schools

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

Additional Features

  • Property is in very good condition
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0302 53 0312

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, parking fee, recreation facility, reserve funds, snow removal, trash, water, sewer
  • Mid-Rise Condominium
  • Palladium At Mclean Condos
  • Palladium At Mclean Community
  • Palladium At Mclean Subdivision
  • Property Manager

Amenities

  • Concierge
  • Common Area
  • Meeting Room
  • Party Room
  • Bar or Lounge
  • Elevator

Recreation

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,743

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,080 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Exclusions: Dining room light fixtures & beverage refrigerator
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2005
  • Remarks Public: OPEN HOUSE CANCELED - CONTRACT PENDING. Welcome to Residence #312 at The Palladium - McLean's most sought-after condominium address. This stunning 2BR / 2.5BA + DEN offers two balconies, two garage parking spaces with adjacent private storage room, and tranquil, courtyard views to the southwest. Direct elevator access conveniently located steps from side-by-side secure parking. Pride of ownership is evident from the stellar condition of the home and upgrades completed by the sellers including: custom closet shelving in the owner's bedroom, quartz serving-counter w/ art display wall in the dining room, & ceilings fans in the living area & owner's suite. A spacious chef's kitchen features granite counters with under-mount sink, stainless steel appliances including gas cook top w/ exterior-vented hood, and high-end cabinetry. The Palladium is a full-service building offering 7-day/week concierge, on-site management, grand two-story lobby, large party room with billiards & catering kitchen, conference room, and multi-room fitness center. Solid concrete & steel construction provide for your quiet enjoyment while the condo fee covers all utilities except electric. Downtown McLean location is steps to shopping, dining, grocery with quick access to Tysons, Metro & DC.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1670
  • Living Area Sq Ft: 1670
  • Price Per Sq Ft: 562.28
  • Above Grade Finished Sq Ft: 1670
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1450

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, Below Grade
  • Construction Materials: Concrete
  • View: Courtyard
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: No
  • Garage Features: Underground, Covered Parking, Additional Storage Area
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1080.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: PALLADIUM AT MCLEAN
  • HOA Condo Co-Op Amenities: Bar/Lounge, Common Grounds, Concierge, Elevator, Exercise Room, Fitness Center, Meeting Room, Party Room, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Parking Fee, Recreation Facility, Reserve Funds, Snow Removal, Trash, Water, Sewer
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 639580.00
  • Land Assessed Value: 168000.00
  • Land Use Code: 064
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: 350
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 19542400
  • Tax Annual Amount: 9743.00
  • Assessor Parcel Number: 0302 53 0312
  • Tax Page Number: 302
  • Tax Total Finished Sq Ft: 1670
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 04/10/2020

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Apr 1, 2020
Sold by
Richter Staurt S and Richter Theresa
Bought by
Switzer Stephanie Ann and Stephanie Ann Switzer Rlt
Seller's Agent
Jamie Test
Compass
Buyer's Agent
Marie Barresi
Pearson Smith Realty, LLC
List Price
$939,000
Sold Price
$935,000
Premium/Discount to List
-$4,000
-0.43%
Total Days on Market
6
Current Estimated Value
$1,142,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,042
Original Mortgage
$320,000
Outstanding Balance
$286,034
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 9, 2016
Closed on
Jun 17, 2016
Sold by
Wallace Living Trust Dated October 7 200
Bought by
Richter Stuart S and Richter Theresa
Seller's Agent
Morgan Knull
RE/MAX Gateway, LLC
Buyer's Agent
Jamie Test
Compass
List Price
$875,000
Sold Price
$867,500
Premium/Discount to List
-$7,500
-0.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.99%

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
Switzer Stephanie Ann $935,000 Psr Title Llc
Richter Stuart S $867,500 Central Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Switzer Stephanie Ann $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2020 04/10/20 Sold $935,000 -0.4% $560 / Sq Ft
02/09/2020 02/09/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $939,000 +8.2% $562 / Sq Ft
06/22/2016 06/22/16 Sold $867,500 -3.5% $496 / Sq Ft
06/04/2016 06/04/16 Price Changed $899,000 +2.7% $514 / Sq Ft
05/28/2016 05/28/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $875,000 -- $501 / 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 $11,250 $952,150 $190,000 $762,150
2023 $10,749 $933,480 $187,000 $746,480
2022 $10,676 $915,180 $183,000 $732,180
2021 $10,842 $906,120 $181,000 $725,120
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

  • Jamie Test

    Seller's Agent in 2020

    Jamie Test

    Compass

    (703) 819-0436

    7 in this area

    146 Total Sales

    Jamie Test
    Section Image
  • Marie Barresi

    Buyer's Agent in 2020

    Marie Barresi

    Pearson Smith Realty, LLC

    (703) 915-3905

    1 in this area

    30 Total Sales

    Marie Barresi
    Section Image
  • Morgan Knull

    Seller's Agent in 2016

    Morgan Knull

    RE/MAX Gateway, LLC

    (202) 431-9867

    2 in this area

    180 Total Sales

    Morgan Knull
    Section Image
See All Agents

About The Palladium at McLean

Map

Source: Bright MLS

MLS Number: VAFX1109220

Bright MLS

APN: 0302-53-0312

Virginia Fairfax County McLean 22101

1450 Emerson Ave Unit 312, McLean, VA

Homes for Sale in McLean, VA

This home is located at 1450 Emerson Ave Unit 312, McLean, VA 22101 since 03 February 2020 and is currently estimated at $1,142,042, approximately $683 per square foot. This property was built in 2005. 1450 Emerson Ave Unit 312 is a home located in Fairfax County with nearby schools including Sherman Elementary School, Longfellow Middle School, and McLean High School.

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