NOT LISTED FOR SALE

1504 Lincoln Way Unit 309 McLean, VA 22102

Tysons Corner Neighborhood

Estimated Value: $267,000 - $276,859

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

Last Sold April 24, 2023

Last sale price $240,000 $348 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,381/month

5 Days on Market

Highlights

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

About This Home

As of April 2023

GREAT LOCATION! Perfect opportunity for first-time Homebuyer in sought after Fountains of McLean. Enjoy bright living and dining room that leads to private balcony with large storage closet. Relax in large bedroom with walk-in closet. Bathroom offers full tub/shower. Park in secure underground garage and enjoy community amenities included well-equipped gym, sauna, large outdoor pool and party room. Condo fee covers exterior maintenance, water, sewer, trash, community amenities and common area maintenance. Enjoy all of the benefits of city living in this cozy, tree-shaded community. 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. Come out and see all that the Fountains of McLean has to offer!

Last Agent to Sell the Property

Crystal Thorne

(202) 372-6631 crystalthorne@peakeinc.com Samson Properties License #0225234280 Listed on: 03/13/2023

Samson Properties

Last Buyer's Agent

Janet Gresh

(703) 646-1750 janet@simplyyourbestmove.com Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,669

Year Built

  • Built in 1988

HOA Fees

  • $715 Monthly HOA Fees

Parking

  • 1 Assigned Parking Garage Space

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 689 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Ceiling Fan
  • 1 Fireplace
  • Screen For Fireplace
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 0292 18020309

Community Details

Overview

  • Association fees include snow removal, parking fee, reserve funds, common area maintenance
  • Low-Rise Condominium
  • Fountains At Mclean Condos, Phone Number (703) 827-0567
  • Fountains At Mclean Subdivision

Amenities

  • Common Area
  • Community Center
  • Party Room

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,669

Year Built

Built in 1988

Lot Details

0

HOA Fees

$715 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial, Contemporary
  • Ownership: Condominium
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-03-13
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Built-In Microwave, Disposal, Icemaker, Refrigerator, Stove, Dryer
  • Entry Floor: 3
  • Flooring Type: Carpet
  • Interior Amenities: Carpet, Combination Dining/Living, Ceiling Fan(s), Floor Plan - Traditional
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 689
  • Living Area Sq Ft: 689
  • Price Per Sq Ft: 348.33
  • 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: Brick, 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
  • Garage: Yes
  • 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
  • Condo Co-Op Name: FOUNTAINS AT MCLEAN
  • Condo Co-Op Phone: 703-827-0567
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Fitness Center, Party Room, Reserved/Assigned Parking, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Snow Removal, Parking Fee, Reserve Funds, Common Area Maintenance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary 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: 178650.00
  • Land Assessed Value: 45000.00
  • Zoning: 230
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 19524938
  • Tax Annual Amount: 2669.00
  • Assessor Parcel Number: 0292 18020309
  • Tax Page Number: 292
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2024
Sold by
Jacob Mariam
Bought by
Mariam R Jacob Revocable Trust and Jacob
Current Estimated Value
$272,465

Purchase Details

Listed on
Mar 13, 2023
Closed on
Apr 14, 2023
Sold by
Kang Soo Y
Bought by
Jacob Mariam
Seller's Agent
Crystal Thorne
Samson Properties
Buyer's Agent
Janet Gresh
Keller Williams Realty
List Price
$240,000
Sold Price
$240,000
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%

Purchase Details

Closed on
Jul 28, 2004
Sold by
Bolin Geyoung Y
Bought by
Kang Soo Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2003
Sold by
Fountain At Mclean Llc
Bought by
Bolin Geyoung Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
5.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mariam R Jacob Revocable Trust -- None Listed On Document
Jacob Mariam $240,000 Stewart Title
Kang Soo Y $252,500 --
Bolin Geyoung Y $196,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kang Soo Y $202,000
Previous Owner Bolin Geyoung Y $157,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2023 04/24/23 Sold $240,000 0.0% $348 / Sq Ft
04/10/2023 04/10/23 Rented $1,695 0.0% --
04/03/2023 04/03/23 Off Market $1,695 -- --
04/01/2023 04/01/23 For Rent $1,695 0.0% --
03/19/2023 03/19/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $240,000 0.0% $348 / Sq Ft
06/14/2021 06/14/21 Rented $1,500 +7.1% --
06/10/2021 06/10/21 Under Contract -- -- --
03/09/2021 03/09/21 For Rent $1,400 0.0% --
03/09/2021 03/09/21 Off Market $1,400 -- --
08/19/2015 08/19/15 Rented $1,325 -8.6% --
08/14/2015 08/14/15 Under Contract -- -- --
06/25/2015 06/25/15 For Rent $1,450 +3.6% --
08/21/2013 08/21/13 Rented $1,400 -6.7% --
08/19/2013 08/19/13 Under Contract -- -- --
06/07/2013 06/07/13 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 $2,784 $260,310 $52,000 $208,310
2024 $2,784 $230,360 $46,000 $184,360
2023 $2,636 $223,650 $45,000 $178,650
2022 $2,669 $223,650 $45,000 $178,650
2021 $2,850 $232,970 $47,000 $185,970
2020 $2,790 $226,180 $45,000 $181,180
2019 $2,847 $230,800 $44,000 $186,800
2018 $2,552 $221,920 $44,000 $177,920
2017 $2,492 $205,740 $41,000 $164,740
2016 $2,539 $210,100 $42,000 $168,100
2015 $2,667 $228,720 $46,000 $182,720
2014 $2,693 $233,450 $47,000 $186,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2116256

Bright MLS

APN: 0292-18020309