NOT LISTED FOR SALE

The Palladium at McLean 1450 Emerson Ave Unit 509 McLean, VA 22101

McLean Area

Estimated Value: $1,819,642

2 Beds
2.5 Baths
2,621 Sq Ft
6.36 Acre Lot

Sale Details

Date Sold: August 23, 2018

Last sale price $1,495,000 $570 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $12,432 / mo

29 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Wood Flooring
  • Sherman Elementary School Rated A
  • Open Floorplan
  • 1 Fireplace

About This Home

As of August 2018

Penthouse residence with 2,600+ square feet includes office, den and 2 bedrooms plus private in-residnece elevator.Top floor allows plenty of sunlight to stream in and includes 2 balconies with wonderful views. Custom floor plan with kitchen opening to over-sized Great Room with fireplace. Building amenities concierge desk, gym, billiards, party & meeting rooms. Adjacent to shopping/restaurants.

Last Agent to Sell the Property

Heather Corey

(703) 310-6800 hcorey@ttrsir.com TTR Sotheby's International Realty License #0225194203 Listed on: 05/02/2018

TTR Sotheby's International Realty

Last Buyer's Agent

Anthony Lam

(703) 665-6665 anthony.lam@redfin.com Redfin Corporation License #0225204747

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,973

Year Built

  • Built in 2005

Lot Details

  • 6.36

HOA Fees

  • $1,178 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,621 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • 1 Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Six Burner Stove
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Subterranean Parking
  • Parking Space Number Location: 21&22
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • More Than Two Accessible Exits

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 30-2-53- -509

Community Details

Overview

  • Association fees include gas, water, sewer, exterior building maintenance, management, lawn maintenance, insurance, parking fee, recreation facility, reserve funds, snow removal, trash
  • Mid-Rise Community
  • Palladium At MCL Community
  • Palladium At Mclean Subdivision
  • The community has rules related to moving in times

Amenities

  • Concierge
  • Party Room
  • Community Library
  • Community Storage Space
  • Elevator

Recreation

Pet Policy

  • Pets Allowed with Restrictions
  • Pet Size Limit

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,973

Year Built

Built in 2005

Lot Details

6.36 Acres

HOA Fees

$1,178 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Accessibility Features: Elevator, 2+ Access Exits
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 2005
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Six Burner Stove, Range Hood, Refrigerator, Dishwasher, Disposal, Dryer, Washer
  • Interior Amenities: Kitchen - Island, Wood Floors, Window Treatments, Elevator, Upgraded Countertops, Primary Bath(s), Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: High, 9'+ Ceilings
  • Entry Location: Penthouse
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Foyer, Study, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2621
  • Living Area Sq Ft: 2621
  • Price Per Sq Ft: 591.00
  • Above Grade Finished Sq Ft: 2621
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Parking Space Number Assigned: 21&22
  • 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: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1178.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Fitness Center, Party Room, Reserved/Assigned Parking, Library, Extra Storage, Exercise Room, Elevator, Concierge, Security
  • HOA Condo Co-Op Fee Includes: Gas, Water, Sewer, Ext Bldg Maint, Management, Lawn Maintenance, Insurance, Parking Fee, Recreation Facility, Reserve Funds, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Moving In Times, Pets - Allowed, Restrictions, Pets - Size Restrict
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 1250380.00
  • Land Assessed Value: 312000.00
  • Zoning: 350

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 18972.89
  • Assessor Parcel Number: 30-2-53- -509
  • Tax Page Number: 302
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Metering: Electric Separate

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Aug 23, 2018
Sold by
Vance Charles F and Vance Cynthia S
Bought by
Seller's Agent
Heather Corey
TTR Sotheby's International Realty
Buyer's Agent
Anthony Lam
Redfin Corporation
List Price
$1,549,000
Sold Price
$1,495,000
Premium/Discount to List
-$54,000
-3.49%
Current Estimated Value
$1,819,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,642
Avg. Annual Appreciation
2.47%
Original Mortgage
$995,000
Outstanding Balance
$843,062
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$976,580
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in McLean, VA

  • HRLS Partners Real Estate Agent - TTR Sotheby's International Realty

    HRLS Partners

    TTR Sotheby's International Realty

    (844) 537-5384

    252 Total Sales

    22 in McLean

    $1.9M - $11.2M Price Range

    HRLS Partners
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  • John Stacey Real Estate Agent - Compass

    John Stacey

    Compass

    (571) 517-2399

    76 Total Sales

    20 in McLean

    $950K - $2.6M Price Range

    John Stacey
     Section Image
  • Christine Richardson Real Estate Agent - Weichert Company of Virginia

    Christine Richardson

    Weichert Company of Virginia

    (855) 782-6862

    172 Total Sales

    2 in McLean

    $2M - $2.3M Price Range

    Christine Richardson
     Section Image
  • Wes Stearns Real Estate Agent - M.O. Wilson Properties

    Wes Stearns

    M.O. Wilson Properties

    (703) 782-3072

    338 Total Sales

    1 in McLean

    $1,280,000 Price

    Wes Stearns
     Section Image
  • Kelly Martinez Real Estate Agent - EXP Realty, LLC

    Kelly Martinez

    Responds Quickly

    EXP Realty, LLC

    (571) 536-6467

    289 Total Sales

    2 in McLean

    $1.5M - $1.6M Price Range

    Kelly Martinez
     Section Image
  • Liz Lavette Shorb Real Estate Agent - Washington Fine Properties, LLC

    Liz Lavette Shorb

    Washington Fine Properties, LLC

    (240) 621-1349

    111 Total Sales

    1 in McLean

    $1,330,000 Price

    Liz Lavette Shorb
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,495,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $995,000
Previous Owner Vance Charles F $1,455,000
Previous Owner Hitt Russell A $1,165,321
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/23/2018 08/23/18 Sold $1,495,000 -3.5% $570 / Sq Ft
05/31/2018 05/31/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $1,549,000 -- $591 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $19,161 $1,751,520 $350,000 $1,401,520
2024 $19,161 $1,621,780 $324,000 $1,297,780
2023 $18,309 $1,589,980 $318,000 $1,271,980
2022 $18,183 $1,558,800 $312,000 $1,246,800
2021 $18,466 $1,543,370 $309,000 $1,234,370
2020 $17,734 $1,469,880 $294,000 $1,175,880
2019 $18,096 $1,499,880 $312,000 $1,187,880
2018 $18,850 $1,562,380 $312,000 $1,250,380
2017 $18,973 $1,602,440 $320,000 $1,282,440
2016 $18,933 $1,602,440 $320,000 $1,282,440
2015 $18,531 $1,626,970 $325,000 $1,301,970
2014 $16,509 $1,452,650 $291,000 $1,161,650
Source: Public Records

Agents Affiliated with this Home

  • Heather Corey Real Estate Agent - TTR Sotheby's International Realty

    Seller's Agent in 2018

    Heather Corey

    TTR Sotheby's International Realty

    (703) 989-1183

    117 Total Sales

    Heather Corey
    Section Image

  • AL

    Buyer's Agent in 2018

    Anthony Lam

    Redfin Corporation

    Anthony Lam
    Section Image
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About The Palladium at McLean

Map

Source: Bright MLS

MLS Number: 1000476726

Bright MLS

APN: 0302-53-0509

Virginia Fairfax County McLean 22101

1450 Emerson Ave Unit 509, McLean, VA

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