NOT LISTED FOR SALE

1522 Cedar Ave McLean, VA 22101

Estimated Value: $1,561,000 - $1,860,040

5 Beds
5 Baths
4,973 Sq Ft
$344/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $1,500,000 $302 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $11,116/month

About This Home

As of October 2023

Welcome to this sun-splashed and spacious home in downtown Mclean with Tesla solar panels. It costs only $10 a month hook-up fee for electricity. Two-story foyer and gleaming hardwood floors on the main and upper levels. Gourmet kitchen with granite countertops, cherry wood stained cabinets, stainless steel appliances, and an expansive Island. Built-in bookcases in the extensive library/office. Upper level, luxurious master bedroom with sitting room, oversized tub, and a separate shower booth in the master bathroom. Two connecting bedrooms have a Jack and Jill bathroom. Generous-sized bedrooms and lots of storage. The large basement has an extra room with a full bathroom and Rec/Gym room. Two detached garage and many more. Just minutes to the Capitol Beltway, the George Washington parkway, Rt 267, I66, McLean Metro, Silver line Metro, Tysons Corner and DC! Vacant. Pls booties on and turn off lights as you leave. Thanks!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Oct 23, 2023
Sold by
Carhill Michael D and Carhill Yoko M
Bought by
Schofield Family Trust and Schofield
Seller's Agent
Rex Petrey
Keller Williams Realty
Buyer's Agent
Ryan Mills
Redfin Corporation
List Price
$1,890,000
Sold Price
$1,500,000
Premium/Discount to List
-$390,000
-20.63%
Views
565
Current Estimated Value
$1,710,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,520
Avg. Annual Appreciation
6.09%

Purchase Details

Closed on
Jul 26, 2002
Sold by
Anderson Building Constru
Bought by
Carhill Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2002
Sold by
Alliance Homes Llc
Bought by
Anderson Building Construction

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$905,000
Interest Rate
7.04%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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ICE

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Average Value
Not Available
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
Schofield Family Trust $1,500,000 Fidelity National Title
Carhill Michael D $729,029 --
Anderson Building Construction $975,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carhill Michael D $465,000
Previous Owner Carhill Michael D $530,000
Previous Owner Anderson Building Construction $905,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2024 01/06/24 Rented $5,000 0.0% --
12/20/2023 12/20/23 Under Contract -- -- --
12/02/2023 12/02/23 For Rent $5,000 0.0% --
10/23/2023 10/23/23 Sold $1,500,000 +0.1% $302 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
10/11/2023 10/11/23 Price Changed $1,499,000 -11.8% $301 / Sq Ft
10/03/2023 10/03/23 Price Changed $1,699,000 -10.1% $342 / Sq Ft
09/29/2023 09/29/23 For Sale $1,890,000 -- $380 / Sq Ft

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 $18,167 $1,490,610 $769,000 $721,610
2023 $16,050 $1,351,300 $669,000 $682,300
2022 $14,992 $1,244,520 $564,000 $680,520
2021 $14,813 $1,204,590 $544,000 $660,590
2020 $15,353 $1,241,880 $544,000 $697,880
2019 $14,335 $1,156,220 $504,000 $652,220
2018 $12,824 $1,115,160 $494,000 $621,160
2017 $11,997 $984,130 $494,000 $490,130
2016 $12,031 $989,080 $494,000 $495,080
2015 $11,611 $989,080 $494,000 $495,080
2014 $10,845 $923,910 $489,000 $434,910
Source: Public Records

Agents Affiliated with this Home

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