NOT LISTED FOR SALE

1504 Lincoln Way Unit 316 McLean, VA 22102

Tysons Corner Neighborhood

Estimated Value: $266,000 - $316,000

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 $2,105/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

Keller Williams Capital Properties Listed on: 09/22/2017

Keller Williams Capital Properties

Last Buyer's Agent

Halil Sarica

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
  • En-Suite Primary 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
  • Remarks Public: 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
  • 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
  • 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
  • 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

  • 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: 29-2-18-2-316
  • Tax Total Finished Sq Ft: 626
  • Close Date: 11/06/2017

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
$281,661

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
$145,494
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$136,167

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
3.07%
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:

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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 Change Sq Ft Price
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
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

    79 Total Sales

    Jeff Wu
    Section Image
  • Halil Sarica

    Buyer's Agent in 2017

    Halil Sarica

    Long & Foster

    (202) 701-3088

    13 Total Sales

    Halil Sarica
    Section Image
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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

This home is located at 1504 Lincoln Way Unit 316, McLean, VA 22102 since 22 September 2017 and is currently estimated at $281,661, approximately $449 per square foot. This property was built in 1988. 1504 Lincoln Way Unit 316 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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