NOT LISTED FOR SALE

1524 Lincoln Way Unit 231 McLean, VA 22102

Tysons Corner Neighborhood

Estimated Value: $267,000 - $296,000

1 Bed
1 Bath
689 Sq Ft
$326/mo HOA Fee

Last Sold September 22, 2014

Last sale price $230,000 $334 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,015/month

36 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Sauna
  • Spring Hill Elementary School Rated A
  • Colonial Architecture
  • Combination Kitchen and Living

About This Home

As of September 2014

PRIME Location! * Bright corner unit & great floor plan * Balcony to peaceful view to common area & pool * Garage space conveys! * Kitchen includes GE appliances, tile floors, and breakfast bar open to living room * Washer & dryer room off Kitchen * Large living room * Separate dining room space * Master Suite features walk in closet & connected bath * In Tysons & just blocks to NEW Metro stops!

Last Agent to Sell the Property

Janet Gresh

(703) 646-1750 janet@simplyyourbestmove.com Keller Williams Realty Listed on: 07/17/2014

Keller Williams Realty

Last Buyer's Agent

Matthew Leighton

(703) 472-0574 Matt@thebattlegroup.com Real Broker, LLC License #0225206552

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,232

Year Built

  • Built in 1988

Lot Details

  • 1.15

HOA Fees

  • $326 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 689 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Window Treatments
  • Entrance Foyer
  • Combination Kitchen and Living
  • Dining Room
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Subterranean Parking
  • Parking Space Number Location: 19

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 29-3-29-6-231

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, insurance, parking fee, pool(s), road maintenance, sewer, snow removal, trash, water
  • 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
  • Sauna
  • Party Room

Recreation

  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,232

Year Built

Built in 1988

Lot Details

0

HOA Fees

$326 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1988
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Microwave, Oven/Range - Electric, Range Hood, Washer, Disposal, Dryer, Refrigerator, Dishwasher
  • Interior Amenities: Breakfast Area, Combination Kitchen/Living, Chair Railings, Crown Moldings, Window Treatments, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Foyer, Storage Room
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 689
  • Living Area Sq Ft: 689
  • Price Per Sq Ft: 342.53
  • Above Grade Finished Sq Ft: 689
  • Above Grade Finished Area Units: Square Feet

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
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Parking Space Number Assigned: 19
  • Garage Features: Underground

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock, Resident Manager
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 326.28
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Elevator, Exercise Room, Party Room, Pool - Outdoor, Sauna, Tot Lots/Playground, Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Insurance, Parking Fee, Pool(s), Road Maintenance, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Rules: Elevator Use, Moving In Times, Parking
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 180000.00
  • Land Assessed Value: 45000.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Zoning: 230

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2232.18
  • Assessor Parcel Number: 29-3-29-6-231
  • Tax Page Number: 293
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2014
Closed on
Sep 19, 2014
Sold by
Zink Thomas J
Bought by
Potter Catherine
Seller's Agent
Janet Gresh
Keller Williams Realty
Buyer's Agent
Matthew Leighton
Real Broker, LLC
List Price
$258,500
Sold Price
$230,000
Premium/Discount to List
-$28,500
-11.03%
Current Estimated Value
$278,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,416
Avg. Annual Appreciation
1.72%
Original Mortgage
$172,500
Outstanding Balance
$132,060
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$146,356

Purchase Details

Closed on
Mar 23, 2006
Sold by
Kemmer Mielissa M
Bought by
Schmelzlen Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2003
Sold by
Fountains At Mclean Llc
Bought by
Kemmer Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,153
Interest Rate
5.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Potter Catherine $230,000 --
Schmelzlen Robert A $290,000 --
Kemmer Melissa $197,692 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potter Catherine $172,500
Previous Owner Schmelzlen Robert A $232,000
Previous Owner Kemmer Melissa $158,153
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2014 09/22/14 Sold $230,000 -2.5% $334 / Sq Ft
08/22/2014 08/22/14 Pending -- -- --
08/20/2014 08/20/14 Price Changed $236,000 -4.4% $343 / Sq Ft
08/06/2014 08/06/14 Price Changed $246,800 -4.5% $358 / Sq Ft
07/17/2014 07/17/14 For Sale $258,500 +23.1% $375 / Sq Ft
06/21/2012 06/21/12 Sold $210,000 -- $305 / Sq Ft View Prior Sale
09/01/2011 09/01/11 Pending -- -- --
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
2025 $2,681 $250,650 $50,000 $200,650
2024 $2,681 $221,810 $44,000 $177,810
2023 $2,538 $215,350 $43,000 $172,350
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 -- $225,000 $45,000 $180,000
Source: Public Records

Agents Affiliated with this Home

  • Janet Gresh

    Seller's Agent in 2014

    Janet Gresh

    Keller Williams Realty

    (703) 646-1750

    4 in this area

    83 Total Sales

    Janet Gresh
    Section Image
  • Matthew Leighton

    Buyer's Agent in 2014

    Matthew Leighton

    Real Broker, LLC

    (703) 472-0574

    1 in this area

    181 Total Sales

    Matthew Leighton
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003115190

Bright MLS

APN: 0293-29060231

Virginia Fairfax County McLean 22102 Tysons Corner

1524 Lincoln Way Unit 231, McLean, VA

Not Listed for Sale

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