NOT LISTED FOR SALE

1507 Lincoln Way Unit 304B McLean, VA 22102

Tysons Corner Neighborhood

Estimated Value: $411,102 - $412,000

2 Beds
2 Baths
1,050 Sq Ft
$366/mo HOA Fee

Last Sold November 29, 2016

Last sale price $323,000 $308 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,897/month

Highlights

  • Water Views
  • Fitness Center
  • Gourmet Kitchen
  • Spring Hill Elementary School Rated A
  • Water Oriented
  • Open Floorplan

About This Home

As of November 2016

Congratulations to the New Owners. Thank you to all the agents and buyers who viewed this condo.

Last Agent to Sell the Property

Sharon Hayman

(703) 402-2955 sharonhayman@aol.com TTR Sotheby's International Realty Listed on: 05/17/2016

TTR Sotheby's International Realty

Last Buyer's Agent

Rong Hu

(703) 568-1388 danicahu18@gmail.com Samson Properties License #0225078546

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,009

Year Built

  • Built in 1988

Lot Details

  • 3,180

HOA Fees

  • $366 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,050 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • 1 Fireplace
  • Window Treatments
  • Dining Area
  • Water Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Pond
  • Multiple Balconies

Schools

  • Spring Hill Elementary School
  • Mclean High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 29-2-18-3-304B

Community Details

Overview

  • Moving Fees Required
  • Association fees include exterior building maintenance, common area maintenance, lawn maintenance, management, insurance, pool(s), reserve funds, snow removal, trash
  • Low-Rise Condominium
  • Fountains At MCL Community
  • Fountains At Mclean Subdivision
  • The community has rules related to moving in times, parking rules

Amenities

  • Common Area
  • Clubhouse
  • Community Center
  • Meeting Room
  • Party Room

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,009

Year Built

Built in 1988

Lot Details

0

HOA Fees

$366 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1988
  • Remarks Public: Congratulations to the New Owners. Thank you to all the agents and buyers who viewed this condo.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Interior Amenities: Breakfast Area, Kitchen - Gourmet, Dining Area, Entry Level Bedroom, Primary Bath(s), Window Treatments, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1050
  • Living Area Sq Ft: 1050
  • Price Per Sq Ft: 309.52
  • 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
  • Construction Materials: Combination, Brick
  • Pool Private: No
  • View: Water
  • View: Yes
  • Water Access: No
  • Water Body Name: POND
  • Water Body Type: Pond
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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: 366.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Community Center, Exercise Room, Fitness Center, Meeting Room, Party Room, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Common Area Maintenance, Lawn Maintenance, Management, Insurance, Pool(s), Reserve Funds, Snow Removal, Trash
  • HOA Condo Co-Op Rules: Moving Fees Required, Moving In Times, Parking
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • Elementary School: SPRING HILL
  • High School: MCLEAN
  • School District Key: 121138392980
  • Elementary School: SPRING HILL
  • High School: MCLEAN

Lot Info

  • Improvement Assessed Value: 266520.00
  • Land Assessed Value: 67000.00
  • Outdoor Living Structures: Balconies- Multiple
  • Property Attached Yn: Yes
  • Year Assessed: 2016
  • Zoning: 230

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4009.17
  • Assessor Parcel Number: 29-2-18-3-304B
  • Tax Page Number: 292
  • Tax Total Finished Sq Ft: 1050
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 11/29/2016

Multi Family

  • Dock Slip Conveyance: None Available

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2016
Closed on
Nov 29, 2016
Sold by
Yassine Faris T
Bought by
Yan Lei and Sui Bing
Seller's Agent
Sharon Hayman
TTR Sotheby's International Realty
Buyer's Agent
Rong Hu
Samson Properties
List Price
$330,000
Sold Price
$323,000
Premium/Discount to List
-$7,000
-2.12%
Current Estimated Value
$411,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,551
Avg. Annual Appreciation
2.75%

Purchase Details

Closed on
Nov 28, 2006
Sold by
Nicholson Jerry L
Bought by
Yassine Faris T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2003
Sold by
The Fountains At Mclean L
Bought by
Nicholson Jerry Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
5.86%
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 Buyer Sale Price Title Company
Yan Lei $323,000 Rgs Title
Yassine Faris T $369,000 --
Nicholson Jerry Lee $299,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yassine Faris T $295,200
Previous Owner Nicholson Jerry Lee $239,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2016 11/29/16 Sold $323,000 -0.6% $308 / Sq Ft
11/04/2016 11/04/16 Pending -- -- --
10/18/2016 10/18/16 Price Changed $325,000 -1.5% $310 / Sq Ft
10/18/2016 10/18/16 For Sale $330,000 0.0% $314 / Sq Ft
09/18/2016 09/18/16 Pending -- -- --
09/06/2016 09/06/16 Price Changed $330,000 -3.5% $314 / Sq Ft
07/29/2016 07/29/16 Price Changed $342,000 -2.0% $326 / Sq Ft
07/17/2016 07/17/16 Price Changed $349,000 -2.2% $332 / Sq Ft
05/17/2016 05/17/16 For Sale $357,000 +10.5% $340 / Sq Ft
05/17/2016 05/17/16 Off Market $323,000 -- --
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 $3,888 $337,100 $67,000 $270,100
Source: Public Records

Agents Affiliated with this Home

  • Sharon Hayman

    Seller's Agent in 2016

    Sharon Hayman

    TTR Sotheby's International Realty

    (703) 402-2955

    2 in this area

    64 Total Sales

    Sharon Hayman
    Section Image
  • Rong Hu

    Buyer's Agent in 2016

    Rong Hu

    Samson Properties

    (703) 568-1388

    1 in this area

    88 Total Sales

    Rong Hu
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001966181

Bright MLS

APN: 0292-18030304B

Virginia Fairfax County McLean 22102 Tysons Corner

1507 Lincoln Way Unit 304B, McLean, VA

This home is located at 1507 Lincoln Way Unit 304B, McLean, VA 22102 since 17 May 2016 and is currently estimated at $411,551, approximately $391 per square foot. This property was built in 1988. 1507 Lincoln Way Unit 304B is a home located in Fairfax County with nearby schools including Spring Hill Elementary School, Longfellow Middle School, and McLean High School.

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