NOT LISTED FOR SALE

1524 Lincoln Way Unit 402 McLean, VA 22102

Tysons Corner Neighborhood

Estimated Value: $264,000 - $287,000

1 Bed
1 Bath
626 Sq Ft
$676/mo HOA Fee

Last Sold July 15, 2022

Last sale price $250,000 $399 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,352/month

Highlights

  • Clubhouse
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Spring Hill Elementary School Rated A
  • Community Pool
  • 1 Car Garage

About This Home

As of July 2022

Get resort-style living in the center of McLean/ Tysons corner. Beautiful well maintained turn-key investment property for investors or a great home for first-time buyers. The condo comes with all furniture, and furnishings. Top-level, the interior unit will not hear noisy street, agreeable grey paint, new molding, Kohler everything, stainless appliance package suite, stacked washer/ dryer, scratch-proof flooring, exotic granite, travertine bathroom, white shaker cabinets, NEST, keyless entry lock, the newer motor in air conditioning unit, the monthly fee includes a gym, pool, hot water, garage parking. The condo building has 2-sided entrances with the nearest elevator close to 20 meters away.

Last Agent to Sell the Property

Chirayu Shah

(516) 884-8713 cshah@letsfindhome.com Samson Properties License #0225256495 Listed on: 06/09/2022

Samson Properties

Co-Listed By

Arun Gambhir

(703) 867-6370 agambhir24@gmail.com Samson Properties

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,662

Year Built

  • Built in 1988

Lot Details

  • 1.15

HOA Fees

  • $676 Monthly HOA Fees

Parking

  • 1 Assigned Parking Garage Space

Home Design

  • Entry on the 4th floor
  • Aluminum Siding

Interior Spaces

  • 626 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0293 29060402

Community Details

Overview

  • Association fees include all ground fee, recreation facility, sewer, trash, water, health club
  • Low-Rise Condominium
  • Fountains At Mclean Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,662

Year Built

Built in 1988

Lot Details

0

HOA Fees

$676 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Inclusions: All Furniture conveys with the property
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-06-09
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 4
  • Fireplaces Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 626
  • Living Area Sq Ft: 626
  • Price Per Sq Ft: 407.35
  • Above Grade Finished Sq Ft: 626
  • 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, 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
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned
  • 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: 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: 676.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Elevator
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Recreation Facility, Sewer, Trash, Water, Health Club
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Zoning: 230
  • In City Limits: No

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2662.00
  • Assessor Parcel Number: 0293 29060402
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jul 15, 2022
Sold by
Bernadette Rousseau
Bought by
Hyytiainen Suvi S
Seller's Agent
Chirayu Shah
Samson Properties
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$255,000
Sold Price
$250,000
Premium/Discount to List
-$5,000
-1.96%
Current Estimated Value
$275,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,061
Avg. Annual Appreciation
2.95%
Original Mortgage
$150,000
Outstanding Balance
$135,142
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$139,919

Purchase Details

Listed on
Mar 27, 2020
Closed on
Jun 23, 2020
Sold by
Mercury Capital Llc
Bought by
Rousseau Bernadette
Seller's Agent
Aaron Banikiotes
Weichert, REALTORS
Buyer's Agent
Arun Gambhir
Samson Properties
List Price
$265,000
Sold Price
$245,000
Premium/Discount to List
-$20,000
-7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.99%

Purchase Details

Closed on
Oct 13, 2016
Sold by
The Fountains At Mclean Condominium Unit
Bought by
Mercury Capital Llc A Virginia Limited L

Purchase Details

Closed on
Dec 17, 2013
Sold by
Jeffries Courtney
Bought by
Fountains At Mclean Condo

Purchase Details

Closed on
Jun 1, 2004
Sold by
Ghaffari Arash
Bought by
Jeffries Courtney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.94%
Mortgage Type
Construction
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
Hyytiainen Suvi S $250,000 Stewart Title
Rousseau Bernadette $245,000 First American Title Ins Co
Mercury Capital Llc A Virginia Limited L $141,000 Digital Closings & Stlmnts
Fountains At Mclean Condo $230,000 --
Jeffries Courtney $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hyytiainen Suvi S $150,000
Previous Owner Jeffries Courtney $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2022 07/15/22 Sold $250,000 -2.0% $399 / Sq Ft
06/09/2022 06/09/22 For Sale $255,000 +4.1% $407 / Sq Ft
06/25/2020 06/25/20 Sold $245,000 -1.6% $391 / Sq Ft View Prior Sale
05/29/2020 05/29/20 Price Changed $249,000 +0.2% $398 / Sq Ft
05/29/2020 05/29/20 Price Changed $248,500 -0.6% $397 / Sq Ft
05/21/2020 05/21/20 Price Changed $250,000 -1.0% $399 / Sq Ft
05/14/2020 05/14/20 Price Changed $252,500 -1.0% $403 / Sq Ft
05/06/2020 05/06/20 Price Changed $255,000 -1.9% $407 / Sq Ft
03/27/2020 03/27/20 Price Changed $260,000 -1.9% $415 / Sq Ft
03/27/2020 03/27/20 For Sale $265,000 0.0% $423 / Sq Ft
07/30/2017 07/30/17 Rented $1,700 0.0% --
07/30/2017 07/30/17 Under Contract -- -- --
07/15/2017 07/15/17 For Rent $1,700 -- --
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 $2,843 $265,880 $53,000 $212,880
2024 $2,843 $235,290 $47,000 $188,290
2023 $2,692 $228,440 $46,000 $182,440
2022 $2,597 $217,560 $44,000 $173,560
2021 $2,893 $236,480 $47,000 $189,480
2020 $2,832 $229,590 $46,000 $183,590
2019 $2,723 $220,760 $42,000 $178,760
2018 $2,441 $212,270 $42,000 $170,270
2017 $2,382 $196,660 $39,000 $157,660
2016 $2,428 $200,880 $40,000 $160,880
2015 $2,552 $218,870 $44,000 $174,870
2014 $2,577 $223,440 $45,000 $178,440
Source: Public Records

Agents Affiliated with this Home

  • Chirayu Shah

    Seller's Agent in 2022

    Chirayu Shah

    Samson Properties

    (516) 884-8713

    1 in this area

    21 Total Sales

    Chirayu Shah
    Section Image
  • Arun Gambhir

    Seller Co-Listing Agent in 2022

    Arun Gambhir

    Samson Properties

    (703) 867-6370

    1 in this area

    2 Total Sales

    Arun Gambhir
    Section Image
  • Aaron Banikiotes

    Seller's Agent in 2020

    Aaron Banikiotes

    Weichert Corporate

    (703) 307-2172

    8 Total Sales

    Aaron Banikiotes
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAFX2074494

Bright MLS

APN: 0293-29060402

Virginia Fairfax County McLean 22102 Tysons Corner

1524 Lincoln Way Unit 402, McLean, VA

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