NOT LISTED FOR SALE

1504 Lincoln Way Unit 206 McLean, VA 22102

Tysons Corner Neighborhood

Estimated Value: $302,000 - $314,000

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. 16% increase in value since last sale

Current estimated payment $2,205/month

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 Agent to Sell the Property

Valerie Blake

(202) 246-8602 Valerie@DCHomeQuest.com RLAH @properties License #516800 Listed on: 02/05/2013

RLAH @properties

Last Buyer's Agent

Guoying Li

(301) 523-0028 guoyingli0216@yahoo.com Nitro Realty License #500318

Nitro Realty

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

  • Heat Pump System
  • 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%
Current Estimated Value
$306,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,467
Avg. Annual Appreciation
1.16%

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
Source: Public Records

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
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 List to Sale Price per Sq Ft
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
2025 $2,956 $276,430 $55,000 $221,430
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

  • Valerie Blake

    Seller's Agent in 2013

    Valerie Blake

    Real Living at Home

    (202) 246-8602

    26 Total Sales

    Valerie Blake
    Section Image
  • Guoying Li

    Buyer's Agent in 2013

    Guoying Li

    Nitro Realty

    (301) 523-0028

    42 Total Sales

    Guoying Li
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003319792

Bright MLS

APN: 0292-18020206

Virginia Fairfax County McLean 22102 Tysons Corner

1504 Lincoln Way Unit 206, McLean, VA

This home is located at 1504 Lincoln Way Unit 206, McLean, VA 22102 since 05 February 2013 and is currently estimated at $306,467, approximately $360 per square foot. This property was built in 1988. 1504 Lincoln Way Unit 206 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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