NOT LISTED FOR SALE

1504 Lincoln Way Unit 320 McLean, VA 22102

Tysons Corner Neighborhood

Estimated Value: $257,000 - $264,000

1 Bed
1 Bath
626 Sq Ft
$673/mo HOA Fee

Last Sold May 16, 2024

Last sale price $259,000 $414 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,262/month

11 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Sauna
  • Spring Hill Elementary School Rated A
  • Traditional Architecture
  • 1 Fireplace

About This Home

As of May 2024

Welcome to 1504 Lincoln Way! This beautiful 1 bed 1 bath condo is located in the heart of McLean with top of the line amenities. The unit features an open living layout with a cohesive flow throughout with its very own private balcony. The location of this property is incredibly convenient, with easy access to public transportation, shopping, dining, and entertainment options. Enjoy the amenities of the community including community center, fitness, game room and pool.

I assigned garage parking space & 1 guest parking.

Last Agent to Sell the Property

Sam Misleh

Sam.misleh@verizon.net Maximum Realty, LC Listed on: 04/18/2024

Co-Listed By

Jason Cheperdak

(571) 400-1266 jason@shepherdhomesgroup.com Samson Properties

Last Buyer's Agent

Jaime Magne

(703) 863-1337 magneandassociates@gmail.com Samson Properties License #604797

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,434

Year Built

  • Built in 1988

Lot Details

  • 1.15

HOA Fees

  • $673 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Entry on the 3rd floor
  • Permanent Foundation
  • Aluminum Siding

Interior Spaces

  • 626 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0292 18020320

Community Details

Overview

  • Association fees include insurance, management, pool(s), recreation facility, reserve funds, sewer, snow removal, trash
  • Low-Rise Condominium
  • The Fountains At Mclean Condos
  • Fountains At Mclean Subdivision
  • Property Manager

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,434

Year Built

Built in 1988

Lot Details

0

HOA Fees

$673 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-04-18
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 626
  • Living Area Sq Ft: 626
  • Price Per Sq Ft: 415.18
  • 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, Below Grade
  • Construction Materials: 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
  • Garage Features: 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: 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: 673.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Fountains at McLean
  • HOA Condo Co-Op Amenities: Club House, Exercise Room, Sauna, Swimming Pool, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Insurance, Management, Pool(s), Recreation Facility, Reserve Funds, Sewer, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: 230
  • In City Limits: No

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 2434.00
  • Assessor Parcel Number: 0292 18020320
  • 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

Listed on
Apr 18, 2024
Closed on
May 15, 2024
Sold by
Ours Mary T and Orr Mary T
Bought by
Lincoln Way 320 Llc
Seller's Agent
Sam Misleh
Maximum Realty, LC
Buyer's Agent
Jaime Magne
Samson Properties
List Price
$259,900
Sold Price
$259,000
Premium/Discount to List
-$900
-0.35%
Views
124
Current Estimated Value
$261,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,250
Avg. Annual Appreciation
0.56%
Original Mortgage
$179,900
Outstanding Balance
$104,455
Interest Rate
6.82%
Mortgage Type
Seller Take Back
Estimated Equity
$156,795

Purchase Details

Closed on
Apr 8, 2003
Sold by
Fountains At Mclean Llc
Bought by
Orr Mary T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,354
Interest Rate
5.88%
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
Lincoln Way 320 Llc $259,900 First American Title
Orr Mary T $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lincoln Way 320 Llc $179,900
Previous Owner Orr Mary T $145,354
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2024 05/16/24 Sold $259,000 -0.3% $414 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $259,900 0.0% $415 / Sq Ft
10/21/2021 10/21/21 Rented $1,550 0.0% --
10/06/2021 10/06/21 For Rent $1,550 0.0% --
10/06/2021 10/06/21 Off Market $1,550 -- --
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 $2,571 $247,590 $50,000 $197,590
2024 $2,571 $212,730 $43,000 $169,730
2023 $2,434 $206,530 $41,000 $165,530
2022 $2,465 $206,530 $41,000 $165,530
2021 $2,747 $224,490 $45,000 $179,490
2020 $2,688 $217,950 $44,000 $173,950
2019 $2,585 $209,570 $40,000 $169,570
2018 $2,317 $201,510 $40,000 $161,510
2017 $2,259 $186,550 $37,000 $149,550
2016 $2,303 $190,600 $38,000 $152,600
2015 $2,412 $206,870 $41,000 $165,870
2014 $2,437 $211,260 $42,000 $169,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2169808

Bright MLS

APN: 0292-18020320