NOT LISTED FOR SALE

1501 Lincoln Way Unit 301 McLean, VA 22102

Tysons Corner Neighborhood

Estimated Value: $415,000 - $419,536

2 Beds
2 Baths
1,050 Sq Ft
$773/mo HOA Fee

Last Sold November 06, 2023

Last sale price $395,000 $376 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,353/month

6 Days on Market

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Open Floorplan
  • Spring Hill Elementary School Rated A
  • View of Trees or Woods
  • Clubhouse

About This Home

As of November 2023

TYSONS FINEST! Turn-key, light and bright, rarely available CORNER PENTHOUSE 2 Bedroom 2 Bathroom unit with 2 Balconies (including rear entrance) overlooking trees and a neighborhood pond! Enjoy your newly remodeled home in this quiet, private, tucked-away haven at The Fountains of McLean that's conveniently located in the heart of Tysons! This gorgeous home has been meticulously updated and boasts vaulted ceilings, a cozy fireplace, new LVP flooring throughout, two spacious bedrooms that each have a walk-in closet, recessed lighting, new ceiling fans, stainless steel appliances, granite countertops, new stacked Samsung washer and dryer, custom light fixtures, new windows, new sliding doors, new siding, new roof insulation, newer HVAC, custom cabinetry in the primary closet and kitchen pantry, updated kitchen and bathrooms! Take advantage of all the community has to offer: swimming pool, fitness room & clubhouse! Fantastic reserved corner parking spot and plenty of guest parking! Water, sewer, trash and parking included! LOCATION, LOCATION, LOCATION! Only steps away from the area's best shopping, restaurants, coffee shops, Harris Teeter, Starbucks, Wegmans, Silver Metro Line, Tysons Corner Mall, Tysons Galleria, The Perch at Capital One, ShipGarten, The Mile Dog Park, Valo Park, Showplace Icon Theatres, Kaiser Permanente Medical Center, and much more! Just blocks from the BORO and a brand-new Whole Foods -- the largest in the nation! Commuter's dream with easy access to the Silver Line Metro, nearby metro bus transportation, Dulles Toll Road, I-495, I-66 and quick commute to Tysons, Capital One Headquarters, Reston, Arlington, and Washington D.C.! Hurry this one won't last! OPEN HOUSE SATURDAY 10/14 & SUNDAY 10/15 1-4 PM - Stop by for cookies!

Last Agent to Sell the Property

Valerie Gaskins

(703) 881-2787 valerie@valeriegaskins.com RE/MAX Executives Listed on: 10/12/2023

RE/MAX Executives

Last Buyer's Agent

Jasindeep Singh

(571) 294-4393 jasin@zoomerealty.com Samson Properties

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,842

Year Built

  • Built in 1988 | Remodeled in 2023

Lot Details

  • No Through Street
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Property is in excellent condition

HOA Fees

  • $773 Monthly HOA Fees

Property Views

  • Pond
  • Woods

Home Design

  • Traditional Architecture
  • Entry on the 3rd floor
  • Aluminum Siding

Interior Spaces

  • 1,050 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Formal Dining Room
  • Stacked Washer and Dryer

Kitchen

  • Gourmet Kitchen
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Assigned parking located at #12
  • Parking Lot
  • 1 Assigned Parking Space
  • Unassigned Parking

Outdoor Features

  • Pond

Schools

  • Spring Hill Elementary School
  • Cooper Middle School
  • Langley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0292 18010301A

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn care front, lawn care rear, parking fee, lawn maintenance, pool(s), recreation facility, road maintenance, sauna, snow removal, sewer, trash, taxes, water
  • Low-Rise Condominium
  • Fountains At Mclean Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Sauna
  • Clubhouse
  • Community Center
  • Meeting Room
  • Party Room
  • Recreation Room

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,842

Year Built

Built in 1988 | Remodeled in 2023

Lot Details

0

HOA Fees

$773 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-10-13
  • Federal Flood Zone: No
  • Year Built: 1988
  • Year Renovated: 2023
  • Assigned Parking Space Numbers: 12
  • Automatically Close On Close Date: Yes
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Microwave, Stove, Stainless Steel Appliances, Washer, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 3
  • Interior Amenities: Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Floor Plan - Open, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Window Treatments
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1050
  • Living Area Sq Ft: 1050
  • Price Per Sq Ft: 371.43
  • Above Grade Finished Sq Ft: 1050
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1501

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • View: Pond, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Unassigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 773.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Community Center, Common Grounds, Exercise Room, Fitness Center, Meeting Room, Picnic Area, Party Room, Pool - Outdoor, Recreational Center, Sauna
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Care Front, Lawn Care Rear, Parking Fee, Lawn Maintenance, Pool(s), Recreation Facility, Road Maintenance, Sauna, Snow Removal, Sewer, Trash, Taxes, Water
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • Elementary School: SPRING HILL
  • Middle School: COOPER
  • High School: LANGLEY
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138392980
  • School District Source: 3rd Party
  • Elementary School: SPRING HILL
  • High School: LANGLEY
  • Middle Or Junior School: COOPER

Lot Info

  • Land Use Code: 041
  • Lot Features: Backs To Trees, No Thru Street, Partly Wooded, Pond, Private, Trees/Wooded
  • Lot Size Units: Square Feet
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: 230
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3842.00
  • Assessor Parcel Number: 0292 18010301A
  • Tax Total Finished Sq Ft: 1050
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 11/06/2023

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Nov 6, 2023
Sold by
Rosenberg Lindsay
Bought by
Lambert Clayton
Seller's Agent
Valerie Gaskins
RE/MAX Executives
Buyer's Agent
Jasindeep Singh
Samson Properties
List Price
$389,999
Sold Price
$395,000
Premium/Discount to List
$5,001
1.28%
Views
122
Current Estimated Value
$417,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,268
Avg. Annual Appreciation
2.98%
Original Mortgage
$225,000
Outstanding Balance
$221,323
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$195,945

Purchase Details

Listed on
Dec 23, 2017
Closed on
Jan 30, 2018
Sold by
Mostafaei Shiva and Mostafaei Hydar
Bought by
Mcmurry Anne A
Seller's Agent
Hydar Mostafaei
Metropol Realty
Buyer's Agent
Jim Byrne
Compass
List Price
$364,900
Sold Price
$368,900
Premium/Discount to List
$4,000
1.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.19%
Original Mortgage
$295,120
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2005
Sold by
Yoon Joon Sung
Bought by
Mostafaei Shiva and Mostafaei,Hydar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2003
Sold by
Fountains At Mclean Llc
Bought by
Shin Won J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lambert Clayton $395,000 Wfg National Title
Mcmurry Anne A $368,900 Property Title & Escrow Llc
Mostafaei Shiva $400,000 --
Shin Won J $282,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Clayton $225,000
Previous Owner Mcmurry Anne A $295,120
Previous Owner Mostafaei Shiva $307,000
Previous Owner Mostafaei Shiva $320,000
Previous Owner Shin Won J $226,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2023 11/06/23 Sold $395,000 +1.3% $376 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $389,999 +4.3% $371 / Sq Ft
12/09/2019 12/09/19 Sold $373,900 0.0% $356 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
11/05/2019 11/05/19 For Sale $373,900 0.0% $356 / Sq Ft
10/31/2019 10/31/19 Pending -- -- --
10/29/2019 10/29/19 For Sale $373,900 +1.4% $356 / Sq Ft
01/30/2018 01/30/18 Sold $368,900 +1.1% $351 / Sq Ft
12/30/2017 12/30/17 Pending -- -- --
12/26/2017 12/26/17 For Sale $364,900 -1.1% $348 / Sq Ft
12/23/2017 12/23/17 Off Market $368,900 -- --
08/30/2014 08/30/14 Rented $1,900 0.0% --
08/17/2014 08/17/14 Under Contract -- -- --
08/13/2014 08/13/14 For Rent $1,900 -9.5% --
07/01/2013 07/01/13 Rented $2,100 0.0% --
06/15/2013 06/15/13 Under Contract -- -- --
05/04/2013 05/04/13 For Rent $2,100 -- --
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 $4,510 $373,150 $71,000 $302,150
2023 $3,842 $326,040 $65,000 $261,040
2022 $4,140 $346,850 $69,000 $277,850
2021 $4,244 $346,850 $69,000 $277,850
2020 $4,366 $353,930 $71,000 $282,930
2019 $4,366 $353,930 $71,000 $282,930
2018 $3,567 $310,180 $62,000 $248,180
2017 $3,874 $319,860 $64,000 $255,860
2016 $4,031 $333,520 $67,000 $266,520
2015 $4,009 $343,840 $69,000 $274,840
2014 $3,888 $337,100 $67,000 $270,100
Source: Public Records

Agents Affiliated with this Home

  • Valerie Gaskins

    Seller's Agent in 2023

    Valerie Gaskins

    RE/MAX

    (703) 881-2787

    1 in this area

    65 Total Sales

    Valerie Gaskins
    Section Image
  • Jasindeep Singh

    Buyer's Agent in 2023

    Jasindeep Singh

    Samson Properties

    (571) 294-4393

    1 in this area

    24 Total Sales

    Jasindeep Singh
    Section Image
  • Candee Currie

    Seller's Agent in 2019

    Candee Currie

    TTR Sotheby's International Realty

    (703) 203-6005

    1 in this area

    115 Total Sales

    Candee Currie
    Section Image

  • H

    Seller's Agent in 2018

    Hydar Mostafaei

    Metropol Realty

    (703) 999-4380

    3 Total Sales

    Hydar Mostafaei
    Section Image
  • Jim Byrne

    Buyer's Agent in 2018

    Jim Byrne

    Compass

    (301) 704-2732

    45 Total Sales

    Jim Byrne
    Section Image

  • A

    Buyer's Agent in 2013

    Allison McBane

    TTR Sotheby's International Realty

    Section Image
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Map

Source: Bright MLS

MLS Number: VAFX2151200

Bright MLS

APN: 0292-18010301A

Virginia Fairfax County McLean 22102 Tysons Corner

1501 Lincoln Way Unit 301, McLean, VA

This home is located at 1501 Lincoln Way Unit 301, McLean, VA 22102 since 12 October 2023 and is currently estimated at $417,268, approximately $397 per square foot. This property was built in 1988. 1501 Lincoln Way Unit 301 is a home located in Fairfax County with nearby schools including Spring Hill Elementary School, Longfellow Middle School, and McLean High School.

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