NOT LISTED FOR SALE

1524 Lincoln Way Unit 123 McLean, VA 22102

Tysons Corner Neighborhood

Estimated Value: $266,000 - $279,173

1 Bed
1 Bath
689 Sq Ft
$625/mo HOA Fee

Last Sold June 10, 2022

Last sale price $229,900 $334 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,383/month

28 Days on Market

Highlights

  • Fitness Center
  • Colonial Architecture
  • Community Pool
  • Spring Hill Elementary School Rated A
  • Traditional Floor Plan
  • Billiard Room

About This Home

As of June 2022

If you've been searching for a turnkey 1 BR condo in Tysons Corner that won't break the bank, look no further! Unit 123 is a spacious ground level apartment offering fresh paint throughout (walls, doors, trim, and cabinets), brand new flooring, new appliances, and a newly tiled shower. The dining room opens to the living room for a large, open feel. The bedroom is also generously proportioned, with a walk-in closet offering ample storage space. A full size washer and dryer are located right off the kitchen and an extra closet off the patio provides additional storage space. An assigned parking space in the underground parking garage is included with the price. Fountains at McLean completed significant external upgrades in 2020-2021, including new windows and sliding glass doors, new siding, fresh paint, and repaved parking lots. Unit 123 provides easy access to the many amenities Fountains at McLean offers, including a swimming pool, gym, sauna, lounge room, ping pong table, and billiards table. Enjoy easy access to I-495, the Dulles Toll Road, I-66, Route 7, and Route 123. The Spring Hill, Greensboro and Tysons Silver Line Metro Stations are all under one mile away and the Freddie Mac headquarters is directly across the street. A plethora of shopping and dining options are within walking distance, including Harris Teeter, Whole Foods, Tysons Galleria, and the new Boro Tysons shopping and dining district.

Last Agent to Sell the Property

Daniel Pierson

Corcoran McEnearney License #0225184410 Listed on: 03/31/2022

Corcoran McEnearney

Last Buyer's Agent

Surendra Chauhan

Samson Properties License #0225207878

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,635

Year Built

  • Built in 1988

Lot Details

  • 1.15

HOA Fees

  • $625 Monthly HOA Fees

Parking

  • 1 Assigned Parking Garage Space
  • Assigned parking located at #66
  • Basement Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 689 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

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 0293 29060123

Community Details

Overview

  • Association fees include sewer, trash, water, common area maintenance, reserve funds, exterior building maintenance, insurance, management, snow removal, pool(s), recreation facility
  • Low-Rise Condominium
  • Fountains At Mclean Condos
  • Fountains At Mclean Subdivision
  • Property Manager

Amenities

  • Billiard Room
  • Party Room
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,635

Year Built

Built in 1988

Lot Details

0

HOA Fees

$625 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-03-31
  • Year Built: 1988
  • Assigned Parking Space Numbers: 66
  • Automatically Close On Close Date: No
  • Remarks Public: If you've been searching for a turnkey 1 BR condo in Tysons Corner that won't break the bank, look no further! Unit 123 is a spacious ground level apartment offering fresh paint throughout (walls, doors, trim, and cabinets), brand new flooring, new appliances, and a newly tiled shower. The dining room opens to the living room for a large, open feel. The bedroom is also generously proportioned, with a walk-in closet offering ample storage space. A full size washer and dryer are located right off the kitchen and an extra closet off the patio provides additional storage space. An assigned parking space in the underground parking garage is included with the price. Fountains at McLean completed significant external upgrades in 2020-2021, including new windows and sliding glass doors, new siding, fresh paint, and repaved parking lots. Unit 123 provides easy access to the many amenities Fountains at McLean offers, including a swimming pool, gym, sauna, lounge room, ping pong table, and billiards table. Enjoy easy access to I-495, the Dulles Toll Road, I-66, Route 7, and Route 123. The Spring Hill, Greensboro and Tysons Silver Line Metro Stations are all under one mile away and the Freddie Mac headquarters is directly across the street. A plethora of shopping and dining options are within walking distance, including Harris Teeter, Whole Foods, Tysons Galleria, and the new Boro Tysons shopping and dining district.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Interior Amenities: Floor Plan - Traditional
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 689
  • Living Area Sq Ft: 689
  • Price Per Sq Ft: 333.80
  • Above Grade Finished Sq Ft: 689
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1524

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Brick
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Basement Garage
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage, Off Street
  • 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: 625.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Fountains at McLean
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Billiard Room, Elevator, Exercise Room, Reserved/Assigned Parking, Party Room
  • HOA Condo Co-Op Fee Includes: Sewer, Trash, Water, Common Area Maintenance, Reserve Funds, Ext Bldg Maint, Insurance, Management, Snow Removal, Pool(s), Recreation Facility
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • 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: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138392980
  • School District Source: Listing Agent
  • Elementary School: SPRING HILL
  • High School: MCLEAN
  • Middle Or Junior School: LONGFELLOW

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 172350.00
  • Land Assessed Value: 43000.00
  • Land Use Code: 041
  • Year Assessed: 2022
  • Zoning: 230
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Case By Case Basis, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 19524741
  • Tax Annual Amount: 2635.00
  • Assessor Parcel Number: 0293 29060123
  • Tax Page Number: 293
  • Tax Total Finished Sq Ft: 689
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/10/2022

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 19, 2022
Sold by
Sdc Consulting Llc
Bought by
Chauhan Jai
Seller's Agent
Daniel Pierson
Corcoran McEnearney
Buyer's Agent
Surendra Chauhan
Samson Properties
List Price
$239,990
Sold Price
$229,900
Premium/Discount to List
-$10,090
-4.2%
Total Days on Market
28
Current Estimated Value
$273,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,893
Avg. Annual Appreciation
5.96%
Original Mortgage
$229,900
Outstanding Balance
$220,004
Interest Rate
5.1%
Mortgage Type
VA
Estimated Equity
$53,789

Purchase Details

Closed on
Oct 14, 2010
Sold by
Vaip Llc
Bought by
Sdc Consulting Llc

Purchase Details

Closed on
May 14, 2010
Sold by
Professional Foreclosure Corp and Herbas Michael K
Bought by
Vaip Llc

Purchase Details

Closed on
Aug 19, 2003
Sold by
Fountains At Mclean L L C
Bought by
Herbas Michael K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,480
Interest Rate
5.46%
Mortgage Type
New Conventional
Source: Public Records

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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
Chauhan Jai $229,900 New Title Company Name
Sdc Consulting Llc $192,000 --
Vaip Llc $190,100 --
Herbas Michael K $198,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chauhan Jai $229,900
Previous Owner Kallam Chandra $130,000
Previous Owner Herbas Michael K $158,480
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $229,900 0.0% $334 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/12/2022 04/12/22 Price Changed $229,990 -4.2% $334 / Sq Ft
03/31/2022 03/31/22 For Sale $239,990 -- $348 / 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 $2,734 $226,250 $45,000 $181,250
2023 $2,589 $219,660 $44,000 $175,660
2022 $2,570 $215,350 $43,000 $172,350
2021 $2,745 $224,320 $45,000 $179,320
2020 $2,686 $217,790 $44,000 $173,790
2019 $2,741 $222,230 $43,000 $179,230
2018 $2,457 $213,680 $43,000 $170,680
2017 $2,398 $198,040 $40,000 $158,040
2016 $2,445 $202,290 $40,000 $162,290
2015 $2,570 $220,400 $44,000 $176,400
2014 $2,595 $225,000 $45,000 $180,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2058834

Bright MLS

APN: 0293-29060123