NOT LISTED FOR SALE

1504 Lincoln Way Unit 217 McLean, VA 22102

Tysons Corner Neighborhood

Estimated Value: $270,000 - $301,000

1 Bed
1 Bath
689 Sq Ft
$366/mo HOA Fee

Last Sold July 11, 2018

Last sale price $243,000 $353 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,105/month

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • Community Pool
  • Spring Hill Elementary School Rated A
  • Upgraded Countertops
  • Tennis Courts

About This Home

As of July 2018

An outstanding condo in the Fountains. Brand new carpet and paint. Kitchen w/ granite countertops. Great sunny view: Lots of windows and big balcony overlooking pool area. Washer / dryer in-unit. Hard to find: TWO GARAGE PARKING SPACES convey. Excellent location in the heart of Tysons Corner. Easy access to Metro, shopping. Assessment paid by owner - NOT added to condo fees.

Last Agent to Sell the Property

Michael Gorman

(703) 862-7044 mike@realtypeople.com RealtyPeople Listed on: 04/27/2018

Last Buyer's Agent

Francesca Keith

(703) 628-6753 fkeith@averyhess.com Corcoran McEnearney License #0225212681

Corcoran McEnearney

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,532

Year Built

  • Built in 1988

Lot Details

  • 1.15

HOA Fees

  • $366 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 689 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Ceiling Fan
  • Window Treatments
  • Dining Area

Kitchen

  • Stove
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 29-2-18-2-217

Community Details

Overview

  • Association fees include common area maintenance, pool(s), snow removal, trash, insurance
  • Mid-Rise Condominium
  • Fountains At MCL Community
  • Fountains At Mclean Subdivision

Amenities

  • Party Room

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,532

Year Built

Built in 1988

Lot Details

0

HOA Fees

$366 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1988
  • Remarks Public: An outstanding condo in the Fountains. Brand new carpet and paint. Kitchen w/ granite countertops. Great sunny view: Lots of windows and big balcony overlooking pool area. Washer / dryer in-unit. Hard to find: TWO GARAGE PARKING SPACES convey. Excellent location in the heart of Tysons Corner. Easy access to Metro, shopping. Assessment paid by owner - NOT added to condo fees.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Refrigerator, Stove, Disposal, Washer, Dryer
  • Interior Amenities: Dining Area, Upgraded Countertops, Elevator, Window Treatments, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 689
  • Living Area Sq Ft: 689
  • Price Per Sq Ft: 362.84
  • Above Grade Finished Sq Ft: 689
  • 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
  • Construction Materials: Combination, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Garage Features: Underground

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 366.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Party Room, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Snow Removal, Trash, Insurance
  • HOA Condo Co-Op Rules: Pets - Allowed, Pets - Size Restrict
  • HOA: No
  • Senior Community: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • School District Key: 121138392980

Lot Info

  • Improvement Assessed Value: 180420.00
  • Land Assessed Value: 45000.00
  • Year Assessed: 2018
  • Zoning: 230

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2531.72
  • Assessor Parcel Number: 29-2-18-2-217
  • Tax Page Number: 292
  • Tax Total Finished Sq Ft: 689
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 07/11/2018

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2018
Closed on
Jul 5, 2018
Sold by
Miranda John J and Wood Robbin A
Bought by
Surabhi Srivalli
Seller's Agent
Michael Gorman
RealtyPeople
Buyer's Agent
Francesca Keith
Corcoran McEnearney
List Price
$250,000
Sold Price
$243,000
Premium/Discount to List
-$7,000
-2.8%
Current Estimated Value
$282,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,441
Avg. Annual Appreciation
2.10%
Original Mortgage
$206,550
Outstanding Balance
$124,978
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$157,463

Purchase Details

Closed on
Mar 14, 2005
Sold by
Makarita Dean R
Bought by
Miranda John J and Wood,Robbin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,600
Interest Rate
5.64%
Mortgage Type
New Conventional
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
Surabhi Srivalli $243,000 Mobility Title
Miranda John J $312,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Surabhi Srivalli $206,550
Previous Owner Miranda John J $249,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2018 07/11/18 Sold $243,000 -2.8% $353 / Sq Ft
06/09/2018 06/09/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $250,000 0.0% $363 / Sq Ft
01/01/2016 01/01/16 Rented $1,450 -3.3% --
12/31/2015 12/31/15 Under Contract -- -- --
09/30/2015 09/30/15 For Rent $1,500 -- --
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 $2,828 $264,410 $53,000 $211,410
2024 $2,828 $233,990 $47,000 $186,990
2023 $2,677 $227,170 $45,000 $182,170
2022 $2,711 $227,170 $45,000 $182,170
2021 $2,895 $236,640 $47,000 $189,640
2020 $2,834 $229,750 $46,000 $183,750
2019 $2,892 $234,440 $45,000 $189,440
2018 $2,592 $225,420 $45,000 $180,420
2017 $2,532 $209,060 $42,000 $167,060
2016 $2,580 $213,470 $43,000 $170,470
2015 $2,710 $232,380 $46,000 $186,380
2014 $2,736 $237,180 $47,000 $190,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000452172

Bright MLS

APN: 0292-18020217