NOT LISTED FOR SALE

1504 Lincoln Way Unit 237 McLean, VA 22102

Tysons Corner Neighborhood

Estimated Value: $268,000 - $289,000

1 Bed
1 Bath
689 Sq Ft
$293/mo HOA Fee

Last Sold April 30, 2016

Last sale price $218,000 $316 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,063/month

26 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Traditional Architecture
  • Spring Hill Elementary School Rated A
  • Traditional Floor Plan
  • Wood Flooring

About This Home

As of April 2016

Newly renovated 1 bed condo,The Fountains of McLean. New hardwood floors, new paint, new cabinets, new granite counter tops! Balcony with storage closet, walk-in master closet, washer/dryer in unit. Secure building. Beautiful community swimming pool, well appointed fitness center, sauna, modern party & game room. Community undergoing renovations as well-just in time for you for you to enjoy!

Last Listed By

Danny Moore

Mid Atlantic Property Management Listed on: 03/03/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,681

Year Built

  • Built in 1988 | Remodeled in 2015

Lot Details

  • Property is in very good condition

HOA Fees

  • $293 Monthly HOA Fees

Parking

  • 1 Subterranean Space

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 689 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Insulated Windows
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Spring Hill Elementary School
  • Mclean High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Assessor Parcel Number 29-2-18-2-237

Community Details

Overview

  • Application Fee Required
  • Association fees include air conditioning, exterior building maintenance, insurance, recreation facility, reserve funds, road maintenance, sewer, snow removal, trash
  • Low-Rise Condominium
  • Fountains At Mclean Subdivision, Birch Floorplan
  • Fountains At Mcl Community
  • The community has rules related to recreational equipment, parking rules

Amenities

  • Common Area
  • Sauna
  • Clubhouse
  • Community Center
  • Party Room

Recreation

  • Fitness Center
  • Community Pool
  • Jogging Path

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,681

Year Built

Built in 1988 | Remodeled in 2015

Lot Details

0

HOA Fees

$293 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: Main
  • Year Built: 1988
  • Year Renovated: 2015
  • Remarks Public: Newly renovated 1 bed condo,The Fountains of McLean. New hardwood floors, new paint, new cabinets, new granite counter tops! Balcony with storage closet, walk-in master closet, washer/dryer in unit. Secure building. Beautiful community swimming pool, well appointed fitness center, sauna, modern party & game room. Community undergoing renovations as well-just in time for you for you to enjoy!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Upgraded Countertops, Wood Floors, Floor Plan - Traditional
  • Window Features: Insulated
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 689
  • Living Area Sq Ft: 689
  • Price Per Sq Ft: 333.82
  • 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: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Garage
  • Garage Features: Underground

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock, Fire Detection System, Sprinkler System - Indoor
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 292.85
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Fitness Center, Exercise Room, Jog/Walk Path, Party Room, Pool - Outdoor, Sauna, Community Center
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Ext Bldg Maint, Insurance, Recreation Facility, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash
  • HOA Condo Co-Op Rules: Parking, Rec Equip, Application Fee Required
  • HOA: No
  • Senior Community: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • Elementary School: SPRING HILL
  • High School: MCLEAN
  • School District Key: 121138392980
  • Elementary School: SPRING HILL
  • High School: MCLEAN

Lot Info

  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: 230

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 29-2-18-2-237
  • Tax Page Number: 292
  • Tax Total Finished Sq Ft: 689
  • Close Date: 04/30/2016

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2016
Closed on
Apr 29, 2016
Sold by
Chang Peter and Chang Haesun
Bought by
Goehring Amanda Lee
Seller's Agent
Danny Moore
Mid Atlantic Property Management
Buyer's Agent
Jennifer Young
Keller Williams Realty
List Price
$230,000
Sold Price
$218,000
Premium/Discount to List
-$12,000
-5.22%
Total Days on Market
26
Current Estimated Value
$279,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,066
Avg. Annual Appreciation
2.77%
Original Mortgage
$174,400
Outstanding Balance
$140,999
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$138,067

Purchase Details

Closed on
Mar 17, 2003
Sold by
Fountains At Mclean Llc
Bought by
Chang Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,120
Interest Rate
5.94%
Mortgage Type
New Conventional

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
Goehring Amanda Lee $218,000 Capstone Settlement Group
Chang Peter $193,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goehring Amanda Lee $174,400
Previous Owner Chang Peter $184,000
Previous Owner Chang Peter $155,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2016 04/30/16 Sold $218,000 -5.2% $316 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $230,000 0.0% $334 / Sq Ft
10/14/2014 10/14/14 Rented $1,400 -9.7% --
10/14/2014 10/14/14 Under Contract -- -- --
10/02/2014 10/02/14 For Rent $1,550 +10.7% --
09/05/2013 09/05/13 Rented $1,400 0.0% --
09/05/2013 09/05/13 Under Contract -- -- --
08/15/2013 08/15/13 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
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 $1,147 $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

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Map

Source: Bright MLS

MLS Number: 1001895399

Bright MLS

APN: 0292-18020237