$379,000
SOLD MAY 19, 2025

1507 Lincoln Way Unit 301B McLean, VA 22102

Tysons Corner Neighborhood
2 Beds
2 Baths
1,050 Sq Ft
$777/mo HOA Fee

Recently Sold

$361 Per Sq Ft

3% Below List Price

10 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Community Pool
  • Spring Hill Elementary School Rated A
  • Contemporary Architecture
  • Central Air

About This Home

As of May 2025

Welcome to 1507 Lincoln Way #301B, a top-floor, two-bedroom condo in the heart of McLean, VA. This bright and airy unit features vaulted ceilings—unique to top-level units—adding a spacious and open feel. The open floor plan is filled with natural light, and the living area boasts a cozy fireplace, perfect for relaxing evenings. The dining area flows seamlessly into the kitchen, which offers ample cabinetry and counter space. Both bedrooms feature walk-in closets, providing plenty of storage, while the second bedroom offers flexibility as a guest room, office, or additional living space.One of the standout features of this home is its two private balconies, with the rear balcony overlooking a peaceful water feature, creating a serene retreat. Additional highlights include a full-size washer and dryer, ensuring convenience and ease for everyday living.Located in the desirable Fountains at McLean community, residents enjoy access to a fitness center, swimming pool, sauna, and clubhouse. This prime location offers easy access to shopping, commuter parking, the Toll Road, I-495, and Tysons Corner, making daily errands and commuting effortless. Wherever you're going, this top-floor unit is the perfect place to end up! Don’t miss this fantastic opportunity to own a home in a sought-after area!

Last Agent to Sell the Property

Katherine Karafotas

(571) 228-8932 kate.karafotas@compass.com Compass License #5012738 Listed on: 04/08/2025

Compass

Co-Listed By

Sherif Abdalla

(703) 624-5555 sherif@margenau.com Compass License #sp98372424

Last Buyer's Agent

Randi Gladstone

(703) 258-2833 randi.gladstone@pearsonsmithrealty.com Pearson Smith Realty, LLC

Pearson Smith Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,647

Year Built

  • Built in 1988

HOA Fees

  • $777 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Aluminum Siding

Interior Spaces

  • 1,050 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Wood Burning Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0292 18030301B

Community Details

Overview

  • Association fees include common area maintenance, water, sewer, trash, management, exterior building maintenance
  • Low-Rise Condominium
  • Fountains At Mclean Condos
  • Fountains At Mclean Subdivision
  • Property Manager

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,647

Year Built

Built in 1988

Lot Details

0

HOA Fees

$777 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2025-04-09
  • Year Built: 1988
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome to 1507 Lincoln Way #301B, a top-floor, two-bedroom condo in the heart of McLean, VA. This bright and airy unit features vaulted ceilings—unique to top-level units—adding a spacious and open feel. The open floor plan is filled with natural light, and the living area boasts a cozy fireplace, perfect for relaxing evenings. The dining area flows seamlessly into the kitchen, which offers ample cabinetry and counter space. Both bedrooms feature walk-in closets, providing plenty of storage, while the second bedroom offers flexibility as a guest room, office, or additional living space. One of the standout features of this home is its two private balconies, with the rear balcony overlooking a peaceful water feature, creating a serene retreat. Additional highlights include a full-size washer and dryer, ensuring convenience and ease for everyday living. Located in the desirable Fountains at McLean community, residents enjoy access to a fitness center, swimming pool, sauna, and clubhouse. This prime location offers easy access to shopping, commuter parking, the Toll Road, I-495, and Tysons Corner, making daily errands and commuting effortless. Wherever you're going, this top-floor unit is the perfect place to end up! Don’t miss this fantastic opportunity to own a home in a sought-after area!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Interior Amenities: Combination Dining/Living, Dining Area, Floor Plan - Open, Floor Plan - Traditional
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1050
  • Living Area Sq Ft: 1050
  • Price Per Sq Ft: 370.48
  • 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: 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: Covered Parking
  • 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
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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: 777.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Fountains At McLean
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Exercise Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Water, Sewer, Trash, Management, Ext Bldg Maint
  • 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: 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
  • Year Assessed: 2025
  • Zoning: 230
  • In City Limits: No

Rental Info

  • Pets: Cats Ok, Dogs Ok, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 4647.00
  • Assessor Parcel Number: 0292 18030301B
  • Tax Total Finished Sq Ft: 1050
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025
  • Close Date: 05/19/2025

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2025
Closed on
May 15, 2025
Sold by
Frick David F
Bought by
Gacheche Alexander and Wainaina Kenyatta
Seller's Agent
Katherine Karafotas
Compass
Buyer's Agent
Randi Gladstone
Pearson Smith Realty, LLC
List Price
$389,000
Sold Price
$379,000
Premium/Discount to List
-$10,000
-2.57%
Views
88
Current Estimated Value
$388,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,790
Avg. Annual Appreciation
7.56%
Original Mortgage
$360,050
Outstanding Balance
$359,415
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$29,375

Purchase Details

Closed on
Feb 7, 2023
Sold by
Frick Ashleigh G
Bought by
Frick David F

Purchase Details

Closed on
May 15, 2007
Sold by
Mlmi Trust Series 2006 Wm
Bought by
Frick David F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,200
Interest Rate
7.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 7, 2003
Sold by
Fountains At Mclean Llc
Bought by
Loveday Clay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,140
Interest Rate
5.28%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $379,000 Chicago Title
Deed $379,000 Chicago Title
Quit Claim Deed -- --
Special Warranty Deed $344,000 --
Special Warranty Deed $196,500 --
Deed $308,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,050 New Conventional
Closed $360,050 New Conventional
Previous Owner $275,200 Adjustable Rate Mortgage/ARM
Previous Owner $182,745 New Conventional
Previous Owner $275,200 New Conventional
Previous Owner $262,140 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Sold $379,000 -2.6% $361 / Sq Ft
04/24/2025 04/24/25 For Sale $389,000 -- $370 / 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 $4,426 $366,280 $73,000 $293,280
2023 $3,960 $336,040 $67,000 $269,040
2022 $4,267 $357,490 $71,000 $286,490
2021 $4,374 $357,490 $71,000 $286,490
2020 $4,500 $364,790 $73,000 $291,790
2019 $4,500 $364,790 $73,000 $291,790
2018 $3,680 $319,960 $64,000 $255,960
2017 $3,723 $307,390 $61,000 $246,390
2016 $3,875 $320,660 $64,000 $256,660
2015 $3,855 $330,580 $66,000 $264,580
2014 $3,738 $324,100 $65,000 $259,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2228710

Bright MLS

APN: 0292-18030301B