NOT LISTED FOR SALE

1504 Lincoln Way Unit 316 McLean, VA 22102

Tysons Corner Neighborhood

Estimated Value: $258,000 - $338,000

1 Bed
1 Bath
626 Sq Ft
$344/mo HOA Fee

Last Sold November 06, 2017

Last sale price $222,500 $355 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,057/month

4 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Clubhouse
  • Spring Hill Elementary School Rated A
  • Colonial Architecture
  • Wood Flooring

About This Home

As of November 2017

LIGHT + AIRY TYSONS CORNER VIEWS! 1br. Newly installed granite countertops. New HVAC. New stacked W/D. Wood oak flooring. Recessed + Track lighting fixtures. Secured Access. Conveniently located underground garage parking. Your easiest task in this area is your search for fine dining, shopping + transportation which is in close quarters to the place that you'll call home. Many community amenities

Last Agent to Sell the Property

Jeff Wu

(240) 994-7938 jeff@agentknowshomes.com Keller Williams Capital Properties Listed on: 09/22/2017

Keller Williams Capital Properties

Last Buyer's Agent

Halil Sarica

(202) 701-3088 halil.sarica@longandfoster.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,708

Year Built

  • Built in 1988

Lot Details

  • 1.15

HOA Fees

  • $344 Monthly HOA Fees

Parking

  • Parking Space Number Location: 84

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 626 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Fireplace Mantel
  • Window Treatments
  • Combination Kitchen and Living
  • Dining Room
  • Wood Flooring
  • Home Security System
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Schools

  • Spring Hill Elementary School
  • Mclean High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 29-2-18-2-316

Community Details

Overview

  • Moving Fees Required
  • Association fees include exterior building maintenance, lawn maintenance, management, insurance, pool(s), road maintenance, snow removal, sauna
  • Mid-Rise Condominium
  • Fountains At Mclean Subdivision, Elm Floorplan
  • Fountains At MCL Community
  • The community has rules related to moving in times, parking rules

Amenities

  • Common Area
  • Sauna
  • Clubhouse
  • Meeting Room
  • Party Room

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,708

Year Built

Built in 1988

Lot Details

0

HOA Fees

$344 per month

Parking

1

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
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1988
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dryer, Dishwasher, Washer, Stove, Washer/Dryer Stacked, Refrigerator, Microwave, Icemaker, Oven/Range - Electric, Oven - Single
  • Interior Amenities: Combination Kitchen/Living, Upgraded Countertops, Entry Level Bedroom, Wood Floors, Window Treatments, Floor Plan - Open
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Floors 2-5
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 626
  • Living Area Sq Ft: 626
  • Price Per Sq Ft: 351.44
  • Above Grade Finished Sq Ft: 626
  • 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
  • Construction Materials: Combination, Brick
  • Pool Private: No
  • 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
  • Parking Features: Garage, Attached
  • Parking Space Number Assigned: 84
  • Garage Features: Covered Parking, Underground
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System, Main Entrance Lock, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 344.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Elevator, Exercise Room, Fitness Center, Hot Tub, Meeting Room, Party Room, Pool - Outdoor, Reserved/Assigned Parking, Swimming Pool, Sauna, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Pool(s), Road Maintenance, Snow Removal, Sauna
  • HOA Condo Co-Op Rules: Pets - Allowed, Parking, Moving In Times, Elevator Use, Moving Fees Required
  • HOA: No
  • Senior Community: No

Schools

  • 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: 29-2-18-2-316

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2020
Sold by
Mermer Atila
Bought by
Babani Harsh
Current Estimated Value
$282,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,201
Outstanding Balance
$143,375
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$139,084

Purchase Details

Listed on
Sep 22, 2017
Closed on
Nov 6, 2017
Sold by
Lavery Carla Pellegrino and Pellegrino Carla J
Bought by
Mermer Atila
Seller's Agent
Jeff Wu
Keller Williams Capital Properties
Buyer's Agent
Halil Sarica
Long & Foster Real Estate, Inc.
List Price
$220,000
Sold Price
$222,500
Premium/Discount to List
$2,500
1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.00%
Original Mortgage
$169,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2005
Sold by
Slifer Richard A
Bought by
Pellegrino Carla J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2002
Sold by
Fountains At Mclean Llc
Bought by
Slifer Kristine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,947
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Babani Harsh $255,251 Stonebridge Title Llc
Mermer Atila $222,500 Stewart Title Guaranty Co
Pellegrino Carla J $310,000 --
Slifer Kristine R $193,684 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babani Harsh $204,201
Previous Owner Mermer Atila $169,000
Previous Owner Pellegrino Carla J $248,000
Previous Owner Slifer Kristine R $154,947
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2017 11/06/17 Sold $222,500 +1.1% $355 / Sq Ft
09/26/2017 09/26/17 Pending -- -- --
09/22/2017 09/22/17 For Sale $220,000 -- $351 / 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 $2,708 $253,220 $51,000 $202,220
2024 $2,708 $224,090 $45,000 $179,090
2023 $2,564 $217,560 $44,000 $173,560
2022 $2,597 $217,560 $44,000 $173,560
2021 $2,893 $236,480 $47,000 $189,480
2020 $2,832 $229,590 $46,000 $183,590
2019 $2,723 $220,760 $42,000 $178,760
2018 $2,441 $212,270 $42,000 $170,270
2017 $2,382 $196,660 $39,000 $157,660
2016 $2,428 $200,880 $40,000 $160,880
2015 $2,552 $218,870 $44,000 $174,870
2014 $2,577 $223,440 $45,000 $178,440
Source: Public Records

Agents Affiliated with this Home

  • Jeff Wu

    Seller's Agent in 2017

    Jeff Wu

    Keller Williams Capital Properties

    (240) 994-7938

    17 in this area

    76 Total Sales

    Jeff Wu
    Section Image
  • Halil Sarica

    Buyer's Agent in 2017

    Halil Sarica

    Long & Foster

    (202) 701-3088

    11 Total Sales

    Halil Sarica
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001012961

Bright MLS

APN: 0292-18020316

Virginia Fairfax County McLean 22102 Tysons Corner

1504 Lincoln Way Unit 316, McLean, VA

Not Listed for Sale

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