$268,500
SOLD APR 5, 2022

1504 Lincoln Way Unit 406 McLean, VA 22102

Tysons Corner Neighborhood
1 Bed
1 Bath
849 Sq Ft
$708/mo HOA Fee

Recently Sold

$316 Per Sq Ft

1% Below List Price

5 Days on Market

Highlights

  • Fitness Center
  • Penthouse
  • Community Lake
  • Spring Hill Elementary School Rated A
  • No Units Above
  • Clubhouse

About This Home

As of July 2023

Welcome home to your private oasis, right in the center of it all. This ultra-quiet top-floor condo is the one you've been waiting for. With 15'+ vaulted ceilings, large windows, an amazing covered balcony, virtually no shared walls, and nearly 850 square feet of living space - you'll never want to leave. When you do, you'll find everything you need within minutes. Harris Teeter is right next door and accessible via a private path. Whole Foods & Wegmans are close by, too! The Boro is the area's newest open air town center with shops, restaurants, and more. Tysons Corner Center Mall is an unparalleled retail destination. For your commutes out of the area, it's just one block to 236 with immediate access to 66 and 495. Metro more your speed? There are four metro stations just minutes away. The Fountains at McLean is a well-maintained, amenity-rich, and pet-friendly community. Perks include reserved garage parking, secure entries, elevators, pool, hot tub, fitness center, sauna, clubhouse, courtyards, greenspaces, and a private lake. You don't want to miss this one! (Please be sure to review the full list of updates in the documents section.)

Last Agent to Sell the Property

Kristen Johnson

EXP Realty, LLC License #668396 Listed on: 03/03/2022

EXP Realty, LLC

Last Buyer's Agent

Anthony Quiroz Olivares

Compass License #5003046

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,019

Year Built

  • Built in 1988

HOA Fees

  • $708 Monthly HOA Fees

Parking

  • 1 Assigned Parking Garage Space
  • Assigned parking located at #127
  • Garage Door Opener
  • Parking Space Conveys
  • Secure Parking

Home Design

  • Penthouse
  • Contemporary Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 849 Sq Ft Home
  • Property has 1 Level
  • Cathedral Ceiling
  • Ceiling Fan
  • Marble Fireplace
  • Fireplace Mantel
  • Double Pane Windows
  • Double Hung Windows
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Security Gate

Kitchen

  • Electric Oven or Range
  • <<builtInMicrowave>>
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Laminate

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps

Outdoor Features

  • Balcony
  • Enclosed patio or porch
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Additional Features

  • Energy-Efficient Windows
  • No Units Above

Listing and Financial Details

  • Assessor Parcel Number 0292 18020406

Community Details

Overview

  • Association fees include water, sewer, trash, snow removal, security gate, exterior building maintenance, common area maintenance, management, pool(s), sauna, health club
  • Low-Rise Condominium
  • Fountains At Mclean Condos, Phone Number (703) 827-0567
  • Fountains At Mclean Subdivision
  • Community Lake

Amenities

  • Common Area
  • Sauna
  • Clubhouse
  • Billiard Room
  • Party Room

Recreation

  • Fitness Center
  • Community Pool
  • Jogging Path

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,019

Year Built

Built in 1988

Lot Details

0

HOA Fees

$708 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator, No Stairs
  • Ownership: Condominium
  • Exclusions: Wireless alarm system does not convey. Refrigerator's stainless steel side panel does not convey.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-03-03
  • Year Built: 1988
  • Assigned Parking Space Numbers: 127
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome home to your private oasis, right in the center of it all. This ultra-quiet top-floor condo is the one you've been waiting for. With 15'+ vaulted ceilings, large windows, an amazing covered balcony, virtually no shared walls, and nearly 850 square feet of living space - you'll never want to leave. When you do, you'll find everything you need within minutes. Harris Teeter is right next door and accessible via a private path. Whole Foods & Wegmans are close by, too! The Boro is the area's newest open air town center with shops, restaurants, and more. Tysons Corner Center Mall is an unparalleled retail destination. For your commutes out of the area, it's just one block to 236 with immediate access to 66 and 495. Metro more your speed? There are four metro stations just minutes away. The Fountains at McLean is a well-maintained, amenity-rich, and pet-friendly community. Perks include reserved garage parking, secure entries, elevators, pool, hot tub, fitness center, sauna, clubhouse, courtyards, greenspaces, and a private lake. You don't want to miss this one! (Please be sure to review the full list of updates in the documents section.)
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer, Dryer, Oven/Range - Electric, Refrigerator, Built-In Microwave, Dishwasher, Disposal
  • Entry Floor: 4
  • Flooring Type: Bamboo, Laminate Plank
  • Window Features: Double Pane, Double Hung, Energy Efficient
  • Fireplace Features: Marble, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: No One Above
  • Door Features: Sliding Glass
  • Wall Ceiling Types: High, 9'+ Ceilings, Cathedral Ceilings, Vaulted Ceilings
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Foyer, Laundry, Primary Bathroom
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 849
  • Living Area Sq Ft: 849
  • Price Per Sq Ft: 318.02
  • Above Grade Finished Sq Ft: 849
  • 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, Below Grade
  • Construction Materials: Aluminum Siding, Brick
  • Exterior Features: Secure Storage
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Parking Space Conveys, Secure Parking
  • Garage Features: Covered Parking, Garage Door Opener, Inside Access
  • 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, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Security: Security Gate
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 708.00
  • 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: Elevator, Pool - Outdoor, Sauna, Fitness Center, Billiard Room, Club House, Common Grounds, Jog/Walk Path, Lake, Party Room, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Trash, Snow Removal, Security Gate, Ext Bldg Maint, Common Area Maintenance, Management, Pool(s), Sauna, Health Club
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • Elementary School: SPRING HILL
  • Middle School: LONGFELLOW
  • High School: MCLEAN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138392980
  • 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: 197730.00
  • Land Assessed Value: 49000.00
  • Land Use Code: 041
  • Outdoor Living Structures: Enclosed, Balcony
  • Year Assessed: 2022
  • Zoning: 230
  • In City Limits: No

Rental Info

  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19524967
  • Tax Annual Amount: 3019.00
  • Assessor Parcel Number: 0292 18020406
  • Tax Page Number: 292
  • Tax Total Finished Sq Ft: 849
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 04/05/2022

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Apr 5, 2022
Sold by
Carr James
Bought by
Olivares Piero Gonzalo Quir
Seller's Agent
Kristen Johnson
EXP Realty, LLC
Buyer's Agent
Anthony Quiroz Olivares
Compass
List Price
$270,000
Sold Price
$268,500
Premium/Discount to List
-$1,500
-0.56%
Current Estimated Value
$352,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,090
Avg. Annual Appreciation
10.05%
Original Mortgage
$192,000
Outstanding Balance
$180,083
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$187,179

Purchase Details

Closed on
Nov 27, 2002
Sold by
Fountains At Mclean Llc
Bought by
Carr James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,120
Interest Rate
6.16%
Mortgage Type
New Conventional
Source: Public Records

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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 Type Sale Price Title Company
Deed $268,500 Kvs Title
Deed $228,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $192,000 New Conventional
Closed $192,000 New Conventional
Previous Owner $124,000 New Conventional
Previous Owner $183,120 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold $360,000 0.0% $424 / Sq Ft
07/06/2023 07/06/23 Price Changed $360,000 +2.9% $424 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $349,995 +30.4% $412 / Sq Ft
04/05/2022 04/05/22 Sold $268,500 -0.6% $316 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $270,000 -- $318 / 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 $3,225 $266,830 $53,000 $213,830
2023 $2,908 $246,730 $49,000 $197,730
2022 $2,945 $246,730 $49,000 $197,730
2021 $3,281 $268,180 $54,000 $214,180
2020 $3,212 $260,370 $52,000 $208,370
2019 $3,088 $250,360 $48,000 $202,360
2018 $2,768 $240,730 $48,000 $192,730
2017 $2,695 $222,530 $45,000 $177,530
2016 $2,745 $227,170 $45,000 $182,170
2015 $2,880 $247,010 $49,000 $198,010
2014 $2,907 $252,050 $50,000 $202,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2046846

Bright MLS

APN: 0292-18020406