$365,000
SOLD JUN 18, 2021

1507 Lincoln Way Unit 101B McLean, VA 22102

Tysons Corner Neighborhood
2 Beds
2 Baths
1,050 Sq Ft
$823/mo HOA Fee

Recently Sold

$348 Per Sq Ft

9% Below List Price

39 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Upgraded Countertops
  • Spring Hill Elementary School Rated A
  • Sauna
  • Community Pool

About This Home

As of October 2022

LOCATION! 2 bedroom 2 bathroom condo with large open layout and 2 spacious patios at the newly updated Fountains at Mclean. This is the largest size model in the complex. first floor unit with easy access. A beautiful , newly renovated home with $40,000.00 worth of improvements in 2019. Spotless kitchen with a microwave/ range, granite counter tops, cabinets and fridge installed in 2019.Recessed lighting in the kitchen and living room. Ceiling fans and blinds in both bedrooms. Both full bathrooms are completely renovated top to bottom with high end materials. Spacious walk in closets with ample storage in both in both bedrooms. In unit laundry room with upgraded full size washer and dryer. HVAC system also new in 2019. All windows new in 2020. Both sliding glass doors new in 2019, each of which have the blinds built in. Siding replaced around the premises and balconies restored. Storage shed access off of front patio. Private assigned parking right at your front door. Community located in a highly sought-after school district. Amenities include outdoor pool ,carwash station ,vacuum area, club house, fitness center, on-site management. Less than a five minute walk to Harris Teeter, 10 minutes to metro stop. In the heart of Tysons a few minutes by car to both malls and across the street from Freddie Mac. Condo fee has been temporarily increased tp pay for the renovation of all the buildings in the complex. The sellers building has been done for months and the entire project is due to wrap up in about one more month. The condo fee has been raised for over two cumulative years from the original special assessment. The Fountains Management recently sent out communication related to reducing the fee in the near future. Your realtor has access to get you a copy or they are available in the unit if you take a personal tour. Sellers are willing to pay half the condo fee for the remainder of 2021 to facilitate a sale.

Last Agent to Sell the Property

Dean Moore

Samson Properties License #0225193899 Listed on: 04/02/2021

Samson Properties

Last Buyer's Agent

Melissa Rosario

Corcoran McEnearney License #0225212134

Corcoran McEnearney

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,238

Year Built

  • Built in 1988 | Remodeled in 2021

Lot Details

  • Property is in excellent condition

HOA Fees

  • $823 Monthly HOA Fees

Home Design

  • Metal Siding

Interior Spaces

  • 1,050 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Dining Area

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 on main level
  • Electric Dryer
  • Washer

Parking

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

Schools

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

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0292 18030101B

Community Details

Overview

  • Association fees include health club, insurance, lawn maintenance, management, pool(s), recreation facility, snow removal, trash, water
  • $250 Other One-Time Fees
  • Twc Management HOA
  • Low-Rise Condominium
  • The Fountains Condos
  • Fountains At Mcl Community
  • Fountains At Mclean Subdivision
  • Property Manager

Amenities

  • Picnic Area
  • Common Area
  • Sauna
  • Clubhouse
  • Community Center
  • Party Room
  • Recreation Room

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,238

Year Built

Built in 1988 | Remodeled in 2021

Lot Details

0

HOA Fees

$823 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1988
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Interior Amenities: Ceiling Fan(s), Dining Area, Flat, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Window Treatments
  • Fireplace: No
  • Levels Count: 1
  • Room Count: 5
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1050
  • Living Area Sq Ft: 1050
  • Price Per Sq Ft: 352.38
  • Above Grade Finished Sq Ft: 1050
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1507

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: Metal Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: 90% 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: 823.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: THE FOUNTAINS
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Community Center, Exercise Room, Fitness Center, Party Room, Picnic Area, Pool - Outdoor, Recreational Center, Sauna
  • HOA Condo Co-Op Fee Includes: Health Club, Insurance, Lawn Maintenance, Management, Pool(s), Recreation Facility, Snow Removal, Trash, Water
  • HOA Name: TWC MANAGEMENT
  • HOA: No
  • Senior Community: No

Fee Information

  • Other Fees: 250.00
  • Other Fees Frequency: One Time

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • Elementary School: SPRING HILL
  • Middle School: LONGFELLOW
  • High School: MCLEAN
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138392980
  • School District Source: 3rd Party
  • Elementary School: SPRING HILL
  • High School: MCLEAN
  • Middle Or Junior School: LONGFELLOW

Lot Info

  • Land Use Code: 041
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: 230
  • In City Limits: No

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 4238.00
  • Assessor Parcel Number: 0292 18030101B
  • Tax Total Finished Sq Ft: 1050
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 06/18/2021

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2022
Closed on
Oct 7, 2022
Sold by
Stark John
Bought by
Zhou Alexandra Nicole
Seller's Agent
Melissa Rosario
Corcoran McEnearney
Buyer's Agent
Melissa Carrier
Creighton Realty, LLC.
List Price
$380,000
Sold Price
$367,000
Premium/Discount to List
-$13,000
-3.42%
Views
12
Current Estimated Value
$408,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,757
Avg. Annual Appreciation
3.92%
Original Mortgage
$255,000
Outstanding Balance
$246,295
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$162,462

Purchase Details

Listed on
Apr 2, 2021
Closed on
Jun 16, 2021
Sold by
Moore Sarah and Khalife Samer
Bought by
Stark John
Seller's Agent
Dean Moore
Samson Properties
Buyer's Agent
Melissa Rosario
Corcoran McEnearney
List Price
$399,900
Sold Price
$365,000
Premium/Discount to List
-$34,900
-8.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.41%
Original Mortgage
$365,000
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Listed on
Sep 14, 2019
Closed on
Oct 30, 2019
Sold by
Neal David A
Bought by
Moore Sarah and Khalife Samer
Seller's Agent
Marjorie Meyers
Long & Foster Real Estate, Inc.
Buyer's Agent
Dean Moore
Samson Properties
List Price
$380,000
Sold Price
$370,000
Premium/Discount to List
-$10,000
-2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.84%
Original Mortgage
$300,000
Interest Rate
3.6%
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
Bargain Sale Deed $373,000 First American Mortgage Soluti
Deed $365,000 Accommodation
Deed $370,000 Cardinal Title Group Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $255,000 New Conventional
Previous Owner $365,000 VA
Previous Owner $300,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $367,000 -3.4% $350 / Sq Ft
09/24/2022 09/24/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $380,000 +4.1% $362 / Sq Ft
06/18/2021 06/18/21 Sold $365,000 -1.4% $348 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
04/29/2021 04/29/21 Price Changed $370,000 -3.9% $352 / Sq Ft
04/06/2021 04/06/21 Price Changed $385,000 -3.7% $367 / Sq Ft
04/02/2021 04/02/21 For Sale $399,900 +8.1% $381 / Sq Ft
11/05/2019 11/05/19 Sold $370,000 -2.6% $352 / Sq Ft
10/05/2019 10/05/19 Pending -- -- --
10/04/2019 10/04/19 Price Changed $380,000 0.0% $362 / Sq Ft
10/04/2019 10/04/19 For Sale $380,000 -5.0% $362 / Sq Ft
09/27/2019 09/27/19 Pending -- -- --
09/14/2019 09/14/19 For Sale $400,000 -- $381 / 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 $4,378 $362,280 $72,000 $290,280
2023 $3,917 $332,370 $66,000 $266,370
2022 $4,220 $353,580 $71,000 $282,580
2021 $4,120 $336,740 $67,000 $269,740
2020 $4,238 $343,610 $69,000 $274,610
2019 $4,238 $343,610 $68,000 $275,610
2018 $3,470 $301,760 $60,000 $241,760
2017 $3,769 $311,240 $62,000 $249,240
2016 $3,923 $324,620 $65,000 $259,620
2015 $3,902 $334,660 $67,000 $267,660
2014 $3,785 $328,100 $66,000 $262,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX1189942

Bright MLS

APN: 0292-18030101B