NOT LISTED FOR SALE

1505 Lincoln Way Unit 304A McLean, VA 22102

Tysons Corner Neighborhood

Estimated Value: $409,955 - $417,000

2 Beds
2 Baths
1,050 Sq Ft
$413/mo HOA Fee

Last Sold October 29, 2019

Last sale price $366,000 $349 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,064/month

12 Days on Market

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Traditional Floor Plan
  • Spring Hill Elementary School Rated A
  • Clubhouse
  • Traditional Architecture

About This Home

As of October 2019

Are you looking for a turnkey home with a convenient location? Look no further than this renovated and move in ready 2 Bedroom 2 Bath in The Fountains at McLean. Desirable and rare top floor unit features vaulted ceilings, two balconies and a fireplace. All new kitchen appliances, cabinets, drawers, granite and fixtures. Full size washer and new dryer in unit. HVAC and Hot Water heater have also been recently replaced. New ceiling fans. Walk in closets in both bedrooms. New vanities. Plus new flooring throughout and freshly painted. Enjoy all community amenities: club house, pool, fitness center, sauna, assigned parking and dedicated car wash station with vacuum. We all know how valuable that can be! Superb location: close to Dulles Toll Rd, Rt7, I495, Silver Line Metro, Tyson's Corner shopping, dining, Harris Teeter, right across the street from a major bus hub and Freddie Mac!

Last Listed By

Jack Wang

RLAH @properties Listed on: 09/10/2019

RLAH @properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,826

Year Built

  • Built in 1988

Lot Details

  • Property is in very good condition

HOA Fees

  • $413 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,050 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • 1 Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0292 18030304A

Community Details

Overview

  • Association fees include common area maintenance, management, reserve funds, sewer, trash, water
  • Low-Rise Condominium
  • Fountains At Mcl Community
  • Fountains At Mclean Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Billiard Room
  • Party Room

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,826

Year Built

Built in 1988

Lot Details

0

HOA Fees

$413 per month

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
  • Year Built: 1988
  • Remarks Public: Are you looking for a turnkey home with a convenient location? Look no further than this renovated and move in ready 2 Bedroom 2 Bath in The Fountains at McLean. Desirable and rare top floor unit features vaulted ceilings, two balconies and a fireplace. All new kitchen appliances, cabinets, drawers, granite and fixtures. Full size washer and new dryer in unit. HVAC and Hot Water heater have also been recently replaced. New ceiling fans. Walk in closets in both bedrooms. New vanities. Plus new flooring throughout and freshly painted. Enjoy all community amenities: club house, pool, fitness center, sauna, assigned parking and dedicated car wash station with vacuum. We all know how valuable that can be! Superb location: close to Dulles Toll Rd, Rt7, I495, Silver Line Metro, Tyson's Corner shopping, dining, Harris Teeter, right across the street from a major bus hub and Freddie Mac!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven - Single, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Interior Amenities: Floor Plan - Traditional, Kitchen - Gourmet, Walk-In Closet(s), Upgraded Countertops
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Kitchen
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1050
  • Living Area Sq Ft: 1050
  • Price Per Sq Ft: 351.43
  • Above Grade Finished Sq Ft: 1050
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1505

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot

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: 413.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Billiard Room, Club House, Common Grounds, Exercise Room, Party Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Reserve Funds, Sewer, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • School District Key: 121138392980
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 282930.00
  • Land Assessed Value: 71000.00
  • Land Use Code: 038
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: 230
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19525003
  • Tax Annual Amount: 3826.00
  • Assessor Parcel Number: 0292 18030304A
  • Tax Page Number: 292
  • Tax Total Finished Sq Ft: 1050
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 10/29/2019

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2019
Closed on
Oct 29, 2019
Sold by
Yan Fulong and Chan Wendy Chui Wa
Bought by
Guo Dina
Seller's Agent
Jack Wang
RLAH @properties
Buyer's Agent
Michele Condon
CENTURY 21 New Millennium
List Price
$369,000
Sold Price
$366,000
Premium/Discount to List
-$3,000
-0.81%
Total Days on Market
12
Current Estimated Value
$413,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,478
Avg. Annual Appreciation
2.22%
Original Mortgage
$196,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2015
Closed on
Jun 30, 2015
Sold by
Jafari Ali
Bought by
Yan Fulong
Seller's Agent
Jack Wang
RLAH @properties
Buyer's Agent
Jack Wang
RLAH @properties
Sold Price
$1,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.21%

Purchase Details

Closed on
Feb 19, 2010
Sold by
The Bank Of New York Mellon
Bought by
Jafari Ali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,550
Interest Rate
5.17%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 25, 2003
Sold by
Fountains At Mclean L L C
Bought by
Baum Rachel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,320
Interest Rate
5.52%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Guo Dina $366,000 Highland Title & Escrow
Yan Fulong $347,500 --
Jafari Ali $300,000 --
Baum Rachel C $297,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guo Dina $190,000
Closed Guo Dina $196,000
Previous Owner Jafari Ali $294,550
Previous Owner Baum Rachel C $238,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2019 10/29/19 Sold $366,000 -0.8% $349 / Sq Ft
09/22/2019 09/22/19 Pending -- -- --
09/18/2019 09/18/19 For Sale $369,000 0.0% $351 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
09/10/2019 09/10/19 For Sale $369,000 0.0% $351 / Sq Ft
08/21/2015 08/21/15 Rented $1,800 0.0% --
08/21/2015 08/21/15 Under Contract -- -- --
07/24/2015 07/24/15 For Rent $1,800 0.0% --
06/30/2015 06/30/15 Sold $347,500 -2.9% $331 / Sq Ft
06/18/2015 06/18/15 Pending -- -- --
05/26/2015 05/26/15 Price Changed $358,000 -1.6% $341 / Sq Ft
04/03/2015 04/03/15 For Sale $364,000 +4.7% $347 / Sq Ft
04/02/2015 04/02/15 Off Market $347,500 -- --
04/02/2015 04/02/15 For Sale $364,000 -- $347 / 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 $4,295 $355,380 $71,000 $284,380
2023 $3,842 $326,040 $65,000 $261,040
2022 $4,140 $346,850 $69,000 $277,850
2021 $4,244 $346,850 $69,000 $277,850
2020 $4,366 $353,930 $71,000 $282,930
2019 $4,366 $353,930 $71,000 $282,930
2018 $3,567 $310,180 $62,000 $248,180
2017 $3,874 $319,860 $64,000 $255,860
2016 $4,031 $333,520 $67,000 $266,520
2015 $4,009 $343,840 $69,000 $274,840
2014 -- $337,100 $67,000 $270,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX1088536

Bright MLS

APN: 0292-18030304A