NOT LISTED FOR SALE

The Palladium at McLean 1450 Emerson Ave Unit 413 McLean, VA 22101

Estimated Value: $1,219,000 - $1,567,000

2 Beds
2.5 Baths
2,075 Sq Ft
$833/mo HOA Fee

Last Sold June 26, 2013

Last sale price $1,070,000 $516 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $9,807/month

53 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Open Floorplan
  • Sherman Elementary School Rated A
  • Eat-In Gourmet Kitchen
  • Contemporary Architecture

About This Home

As of June 2013

Elegant offering at the Palladium of McLean featuring 2 Master Bedroom Suites, Study, Living Room with fireplace, gourmet kitchen with stainless steel appliances, wood floors, two large balconies, powder room, 2 parking spaces, storage unit, concierge, and exercise facility. Vacant.

Last Listed By

Susan Koehler

Washington Fine Properties, LLC Listed on: 03/15/2013

Washington Fine Properties, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,848

Year Built

  • Built in 2005

Lot Details

  • Property is in very good condition

HOA Fees

  • $833 Monthly HOA Fees

Parking

  • 2 Subterranean Spaces
  • On-Street Parking
  • Parking Space Conveys

Home Design

  • Contemporary Architecture
  • Asbestos

Interior Spaces

  • 2,075 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Chair Railings
  • Wainscoting
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Gourmet Kitchen
  • Built-In Oven
  • Gas Oven or Range
  • Range Hood
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 30-2-53- -413

Community Details

Overview

  • Association fees include exterior building maintenance, gas, insurance, snow removal, trash, water
  • Low-Rise Condominium
  • Palladium At Mclean Community
  • Palladium At Mclean Subdivision

Amenities

  • Concierge
  • Common Area
  • Meeting Room
  • Party Room
  • Elevator

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,848

Year Built

Built in 2005

Lot Details

0

HOA Fees

$833 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2005
  • Remarks Public: Elegant offering at the Palladium of McLean featuring 2 Master Bedroom Suites, Study, Living Room with fireplace, gourmet kitchen with stainless steel appliances, wood floors, two large balconies, powder room, 2 parking spaces, storage unit, concierge, and exercise facility. Vacant.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Oven - Wall, Oven/Range - Gas, Range Hood, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Kitchen - Gourmet, Kitchen - Table Space, Dining Area, Primary Bath(s), Chair Railings, Upgraded Countertops, Wainscotting, Wood Floors, Floor Plan - Open
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Den
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2075
  • Living Area Sq Ft: 2075
  • Price Per Sq Ft: 530.12
  • Above Grade Finished Sq Ft: 2075
  • 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
  • Construction Materials: Asbestos
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: Yes
  • Parking Features: Assigned, Garage, Parking Space Conveys
  • Garage Features: Covered Parking, Underground
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Attached Garage

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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 833.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Exercise Room, Meeting Room, Party Room
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Gas, Insurance, Snow Removal, Trash, Water
  • HOA Condo Co-Op Rules: Pets - Allowed, Pets - Size Restrict
  • HOA: No

Lot Info

  • Property Condition: Very Good
  • Year Assessed: 2012
  • Zoning: 350

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8848.41
  • Assessor Parcel Number: 30-2-53- -413
  • Tax Total Finished Sq Ft: 1990
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 06/26/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2013
Closed on
Jun 26, 2013
Sold by
Emerson 413 Llc
Bought by
Alexander Edith E
Seller's Agent
Susan Koehler
Washington Fine Properties, LLC
Buyer's Agent
Peter Schlossberg
RE/MAX Allegiance
List Price
$1,100,000
Sold Price
$1,070,000
Premium/Discount to List
-$30,000
-2.73%
Total Days on Market
53
Current Estimated Value
$1,401,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,536
Avg. Annual Appreciation
2.29%
Original Mortgage
$417,000
Outstanding Balance
$302,871
Interest Rate
3.51%
Mortgage Type
New Conventional
Estimated Equity
$1,098,665

Purchase Details

Closed on
Mar 10, 2006
Sold by
Waterford Mclean Llc
Bought by
Emerson 413 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6.15%
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
Alexander Edith E $1,070,000 --
Emerson 413 Llc $822,160 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Edith E $417,000
Previous Owner Emerson 413 Llc $825,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2013 06/26/13 Sold $1,070,000 -2.7% $516 / Sq Ft
05/07/2013 05/07/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $1,100,000 -- $530 / 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 $13,548 $1,146,660 $229,000 $917,660
2023 $12,945 $1,124,180 $225,000 $899,180
2022 $12,856 $1,102,140 $220,000 $882,140
2021 $13,057 $1,091,230 $218,000 $873,230
2020 $12,539 $1,039,270 $208,000 $831,270
2019 $11,934 $995,880 $207,000 $788,880
2018 $13,797 $1,037,380 $207,000 $830,380
2017 $12,598 $1,063,980 $213,000 $850,980
2016 $12,571 $1,063,980 $213,000 $850,980
2015 $12,301 $1,079,940 $216,000 $863,940
2014 $10,958 $964,230 $193,000 $771,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003395676

Bright MLS

APN: 0302-53-0413