NOT LISTED FOR SALE

1504 Lincoln Way Unit 206 McLean, VA 22102

Tysons Corner Neighborhood

Estimated Value: $288,000 - $356,000

1 Bed
1 Bath
849 Sq Ft
$328/mo HOA Fee

Last Sold February 26, 2013

Last sale price $265,000 $312 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,329/month

3 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Clubhouse
  • Spring Hill Elementary School Rated A
  • Pasture Views
  • Traditional Architecture

About This Home

As of February 2013

THREE COINS IN THE FOUNTAIN! 1) The biggest 1 BR unit on the market since 2010. 2) Lovely hardwood floors thru-out the living space. 3) Beautiful courtyard view from balcony & corner windows. Granite & stainless kitchen. Popular Fountains complex w/amenities galore - pool, tennis, courtyard, plus Harris Teeter, transportation, garage parking, Tysons & new Metro coming in 2013. Don't dilly-dally!

Last Listed By

Valerie Blake

RLAH @properties License #516800 Listed on: 02/05/2013

RLAH @properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,287

Year Built

  • Built in 1988

Lot Details

  • Property is in very good condition

HOA Fees

  • $328 Monthly HOA Fees

Property Views

  • Pasture
  • Garden

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 849 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Window Treatments
  • Sliding Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Subterranean Parking
  • Parking Space Number Location: 129

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Air Source Heat Pump
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 29-2-18-2-206

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, insurance, parking fee, reserve funds, sewer, snow removal, water
  • Low-Rise Condominium
  • Fountains At Mclean Subdivision, Sycamore Floorplan
  • Fountains At Mclean Community
  • The community has rules related to alterations or architectural changes

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,287

Year Built

Built in 1988

Lot Details

0

HOA Fees

$328 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1988
  • Remarks Public: THREE COINS IN THE FOUNTAIN! 1) The biggest 1 BR unit on the market since 2010. 2) Lovely hardwood floors thru-out the living space. 3) Beautiful courtyard view from balcony & corner windows. Granite & stainless kitchen. Popular Fountains complex w/amenities galore - pool, tennis, courtyard, plus Harris Teeter, transportation, garage parking, Tysons & new Metro coming in 2013. Don't dilly-dally!
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Dining Area, Combination Dining/Living, Built-Ins, Chair Railings, Crown Moldings, Entry Level Bedroom, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Kitchen, Foyer, Bedroom 1, Storage Room
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 849
  • Living Area Sq Ft: 849
  • Price Per Sq Ft: 294.35
  • Above Grade Finished Sq Ft: 849
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1504

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
  • Other Structures List: Shed
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • View: Garden/Lawn, Pasture
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Parking Space Number Assigned: 129
  • Garage Features: Underground

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 328.39
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Exercise Room, Pool - Outdoor, Sauna, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Parking Fee, Reserve Funds, Sewer, Snow Removal, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site, Professional - On-Site
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Pets - Allowed
  • HOA: No

Lot Info

  • Improvement Assessed Value: 166640.00
  • Land Assessed Value: 42000.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2012
  • Zoning: 230

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2286.69
  • Assessor Parcel Number: 29-2-18-2-206
  • Tax Page Number: 292
  • Tax Total Finished Sq Ft: 849
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 02/26/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2013
Closed on
Feb 26, 2013
Sold by
Wasson Larry A
Bought by
Sheng Wenyi and Wang Xin
Seller's Agent
Valerie Blake
RLAH @properties
Buyer's Agent
Guoying Li
Nitro Realty
List Price
$249,900
Sold Price
$265,000
Premium/Discount to List
$15,100
6.04%
Total Days on Market
3
Current Estimated Value
$316,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,457
Avg. Annual Appreciation
0.91%

Purchase Details

Closed on
Feb 11, 2005
Sold by
Wise Dianne H
Bought by
Wasson Larry A and Wasson,Stephanie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,400
Interest Rate
5.78%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Sheng Wenyi $265,000 --
Wasson Larry A $318,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wasson Larry A $254,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2013 02/26/13 Sold $265,000 +6.0% $312 / Sq Ft
02/08/2013 02/08/13 Pending -- -- --
02/05/2013 02/05/13 For Sale $249,900 -- $294 / 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 $2,956 $244,630 $49,000 $195,630
2023 $2,799 $237,500 $48,000 $189,500
2022 $2,835 $237,500 $48,000 $189,500
2021 $3,158 $258,150 $52,000 $206,150
2020 $3,092 $250,630 $50,000 $200,630
2019 $2,973 $240,990 $46,000 $194,990
2018 $2,665 $231,720 $46,000 $185,720
2017 $2,603 $214,960 $43,000 $171,960
2016 $2,652 $219,470 $44,000 $175,470
2015 $2,784 $238,730 $48,000 $190,730
2014 $2,810 $243,620 $49,000 $194,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003319792

Bright MLS

APN: 0292-18020206