NOT LISTED FOR SALE

1504 Lincoln Way Unit 103 McLean, VA 22102

Tysons Corner Neighborhood

Estimated Value: $265,000 - $274,267

1 Bed
1 Bath
689 Sq Ft
$715/mo HOA Fee

Last Sold March 31, 2023

Last sale price $235,000 $341 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,363/month

26 Days on Market

Highlights

  • Fitness Center
  • Colonial Architecture
  • Wood Flooring
  • Spring Hill Elementary School Rated A
  • Traditional Floor Plan
  • Community Pool

About This Home

As of March 2023

Offer deadline is Sunday 7pm. Location, Location, Location! Great 1 bedroom, 1 bathroom condo is located in the heart of Tysons Corner with an open floor plan. Perfect fit for a first-time home buyer. Fresh paint throughout, new LVP flooring. Bright living and dining rooms lead to a balcony. Large bedroom with big window, walk-in closet, a full bathroom, with tub/shower. Full-size washer/dryer. The unit is not on the ground level! Enjoy all the benefits of city living in this cozy, tree-shaded complex! Close to Tysons Corner Center, Tysons Galleria, The Shops at Fairfax Square, restaurants, and hotels. Easy access to I495, I66, Leesburg Pike, Chain Bridge Road, Tysons Corner Metro station, Dulles International Airport, Ronald Reagan Washington National Airport. Top schools at Mclean.

Last Agent to Sell the Property

Grace (Rong) Ma

(202) 498-5006 gracerongma@yahoo.com Libra Realty, LLC License #0225088314 Listed on: 02/16/2023

Last Buyer's Agent

Kelly Olafsson

(703) 489-9663 kellyohomes@gmail.com RE/MAX Distinctive Real Estate, Inc. License #0225077743

RE/MAX Distinctive Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,570

Year Built

  • Built in 1988 | Remodeled in 2018

Lot Details

  • Property is in very good condition

HOA Fees

  • $715 Monthly HOA Fees

Parking

  • 1 Assigned Parking Garage Space
  • Assigned parking located at ##133
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Aluminum Siding

Interior Spaces

  • 689 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Kitchen in Efficiency Studio
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Spring Hill Elementary School
  • Longfellow Middle School
  • Mclean High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0292 18020103

Community Details

Overview

  • Association fees include parking fee, reserve funds, snow removal, trash, common area maintenance
  • Mid-Rise Condominium
  • Fountains At Mclean Subdivision

Amenities

  • Community Center
  • Party Room
  • Recreation Room

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,570

Year Built

Built in 1988 | Remodeled in 2018

Lot Details

0

HOA Fees

$715 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-02-16
  • Year Built: 1988
  • Year Renovated: 2018
  • Assigned Parking Space Numbers: #133
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Stove, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Floor Plan - Traditional, Kitchen - Efficiency, Window Treatments, Wood Floors
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 689
  • Living Area Sq Ft: 689
  • Price Per Sq Ft: 338.17
  • Above Grade Finished Sq Ft: 689
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Garage Door Opener
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • 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: 715.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Reserved/Assigned Parking, Recreational Center, Swimming Pool, Fitness Center, Community Center, Party Room
  • HOA Condo Co-Op Fee Includes: Parking Fee, Reserve Funds, Snow Removal, Trash, Common Area Maintenance
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Fenced

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: SPRING HILL
  • High School: MCLEAN
  • Middle Or Junior School: LONGFELLOW

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 172350.00
  • Land Assessed Value: 43000.00
  • Property Condition: Very Good
  • Zoning: 230
  • In City Limits: No

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19525033
  • Tax Annual Amount: 2570.00
  • Assessor Parcel Number: 0292 18020103
  • Tax Page Number: 292
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 31, 2023
Sold by
Tang Jie
Bought by
Lincoln Way Llc
Seller's Agent
Grace (Rong) Ma
Libra Realty, LLC
Buyer's Agent
Kelly Olafsson
RE/MAX Distinctive Real Estate, Inc.
List Price
$233,000
Sold Price
$235,000
Premium/Discount to List
$2,000
0.86%
Views
47
Current Estimated Value
$270,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,567
Avg. Annual Appreciation
5.42%

Purchase Details

Listed on
Oct 26, 2017
Closed on
Dec 8, 2017
Sold by
Cabrales Agustin and Cabrales Richard
Bought by
Tang Jie
Seller's Agent
Taytiana Milicevic
Compass
Buyer's Agent
Wentong Chen
Libra Realty, LLC
List Price
$240,000
Sold Price
$230,000
Premium/Discount to List
-$10,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.41%
Original Mortgage
$184,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2005
Sold by
Buggs Keira C
Bought by
Cabrales Agustin and Cabrales,Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2003
Sold by
Fountains At Mclean Llc
Bought by
Buggs Keira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,520
Interest Rate
6.18%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lincoln Way Llc $235,000 First American Title
Lincoln Way Llc $235,000 First American Title
Tang Jie $230,000 Icon Title Llc
Cabrales Agustin $310,000 --
Buggs Keira $189,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tang Jie $184,000
Previous Owner Cabrales Agustin $248,000
Previous Owner Buggs Keira $151,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2023 03/31/23 Sold $235,000 +0.9% $341 / Sq Ft
02/16/2023 02/16/23 For Sale $233,000 +1.3% $338 / Sq Ft
12/08/2017 12/08/17 Sold $230,000 -4.2% $334 / Sq Ft View Prior Sale
10/29/2017 10/29/17 Pending -- -- --
10/26/2017 10/26/17 For Sale $240,000 0.0% $348 / Sq Ft
08/01/2014 08/01/14 Rented $1,350 -3.6% --
07/25/2014 07/25/14 Under Contract -- -- --
07/08/2014 07/08/14 For Rent $1,400 -- --
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
2025 $2,681 $250,650 $50,000 $200,650
2024 $2,681 $221,810 $44,000 $177,810
2023 $2,538 $215,350 $43,000 $172,350
2022 $2,570 $215,350 $43,000 $172,350
2021 $2,745 $224,320 $45,000 $179,320
2020 $2,686 $217,790 $44,000 $173,790
2019 $2,741 $222,230 $43,000 $179,230
2018 $2,457 $213,680 $43,000 $170,680
2017 $2,398 $198,040 $40,000 $158,040
2016 $2,445 $202,290 $40,000 $162,290
2015 $2,570 $220,400 $44,000 $176,400
2014 $2,595 $225,000 $45,000 $180,000
Source: Public Records

Agents Affiliated with this Home

  • Grace (Rong) Ma

    Seller's Agent in 2023

    Grace (Rong) Ma

    Libra Realty, LLC

    (202) 498-5006

    14 in this area

    283 Total Sales

    Grace (Rong) Ma
    Section Image
  • Kelly Olafsson

    Buyer's Agent in 2023

    Kelly Olafsson

    RE/MAX

    (703) 489-9663

    1 in this area

    69 Total Sales

    Kelly Olafsson
    Section Image

  • T

    Seller's Agent in 2017

    Taytiana Milicevic

    Compass

    Section Image
  • Wentong Chen

    Buyer's Agent in 2017

    Wentong Chen

    Libra Realty, LLC

    (571) 201-0696

    10 in this area

    172 Total Sales

    Wentong Chen
    Section Image

  • F

    Seller's Agent in 2014

    Frank Gilmore

    ERA Teachers, Inc.

  • J

    Buyer's Agent in 2014

    Jeffrey Kochan

    Long & Foster

    (703) 585-5487

    53 Total Sales

    Jeffrey Kochan
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAFX2112150

Bright MLS

APN: 0292-18020103

Virginia Fairfax County McLean 22102 Tysons Corner

1504 Lincoln Way Unit 103, McLean, VA

Not Listed for Sale

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