$245,000
SOLD JUN 25, 2020

1524 Lincoln Way Unit 402 McLean, VA 22102

Tysons Corner Neighborhood
1 Bed
1 Bath
626 Sq Ft
$706/mo HOA Fee

Recently Sold

$391 Per Sq Ft

8% Below List Price

65 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Clubhouse
  • Spring Hill Elementary School Rated A
  • Colonial Architecture
  • Main Floor Bedroom

About This Home

As of July 2022

Top level, interior unit will not hear noisy street, agreeable grey paint, new moulding, kohler everything, stainless appliance package suite, stacked washer/ dryer, scratch proof flooring, exotic granite, travertine bathroom, white shaker cabinets, NEST, keyless entry lock, new motor in air conditioning unit, monthly fee includes hot water, garage parking.

Last Agent to Sell the Property

Aaron Banikiotes

Weichert, REALTORS License #0225177708 Listed on: 03/27/2020

Weichert, REALTORS

Last Buyer's Agent

Arun Gambhir

Samson Properties

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,723

Year Built

  • Built in 1988 | Remodeled in 2018

Lot Details

  • West Facing Home
  • Property is in very good condition

HOA Fees

  • $706 Monthly HOA Fees

Parking

  • Assigned Subterranean Space
  • Basement Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Traditional Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Brick Front
  • Concrete Perimeter Foundation

Interior Spaces

  • 626 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Bar
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Wood Burning Fireplace
  • Window Treatments
  • Sliding Doors
  • Dining Area
  • Efficiency Studio
  • Monitored

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more

Utilities

  • 90% Forced Air Heating System
  • Heat Pump System
  • Fiber Optics Available

Additional Features

  • ENERGY STAR Qualified Equipment
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 0293 29060402

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, management, pool(s), recreation facility, reserve funds, road maintenance, security gate, sewer, snow removal, trash, water
  • 128 Units
  • Mid-Rise Condominium
  • Fountains At Mclean Subdivision, The Elm Floorplan
  • Fountains At Mcl Community

Amenities

  • Clubhouse
  • Game Room
  • Billiard Room
  • Meeting Room
  • Party Room
  • 1 Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Limit on the number of pets

Security

  • Security Service
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,723

Year Built

Built in 1988 | Remodeled in 2018

Lot Details

0

HOA Fees

$706 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary, Colonial, Traditional, Unit/Flat
  • Accessibility Features: 36"+ Wide Halls, 32"+ Wide Doors
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • Inclusions: Garage parking space, 2 key fobs
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-03-28
  • Federal Flood Zone: No
  • Year Built: 1988
  • Year Renovated: 2018
  • Remarks Public: Top level, interior unit will not hear noisy street, agreeable grey paint, new moulding, kohler everything, stainless appliance package suite, stacked washer/ dryer, scratch proof flooring, exotic granite, travertine bathroom, white shaker cabinets, NEST, keyless entry lock, new motor in air conditioning unit, monthly fee includes hot water, garage parking.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Disposal, Energy Star Clothes Washer, Energy Star Dishwasher, Energy Star Refrigerator, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Washer/Dryer Stacked
  • Entry Floor: 4
  • Flooring Type: Laminated, Stone
  • Interior Amenities: Bar, Breakfast Area, Dining Area, Efficiency, Elevator, Entry Level Bedroom, Floor Plan - Open, Floor Plan - Traditional, Window Treatments, Recessed Lighting
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Elevators Count: 1
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Concrete Perimeter
  • Floors In Unit Count: 32
  • Levels Count: 1
  • Room List: Primary Bedroom, Primary Bathroom
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 626
  • Living Area Sq Ft: 626
  • Price Per Sq Ft: 397.76
  • Above Grade Finished Sq Ft: 626
  • 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: Brick Front, Frame, Glass, Mixed, Wood Siding
  • Roof: Architectural Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: No
  • Garage Features: Garage Door Opener, Underground, Inside Access, Basement Garage
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Energy Star Cooling System, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air, Forced Air, Heat Pump(s)
  • Heating: Yes
  • Security: Main Entrance Lock, Monitored, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Fiber Optics Available, Electric Available
  • Water Source: Community
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 706.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Billiard Room, Club House, Elevator, Exercise Room, Game Room, Meeting Room, Pool - Outdoor, Party Room, Security, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Security Gate, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Fenced, Concrete, In Ground

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • School District Key: 121138392980
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 183590.00
  • Land Assessed Value: 46000.00
  • Land Use Code: 038
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: 230
  • In City Limits: No

Rental Info

  • Pets: Number Limit, Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19524816
  • Tax Annual Amount: 2723.00
  • Assessor Parcel Number: 0293 29060402
  • Tax Page Number: 293
  • Tax Total Finished Sq Ft: 626
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 06/25/2020

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
$269,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,504
Avg. Annual Appreciation
2.53%
Original Mortgage
$150,000
Outstanding Balance
$137,236
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$132,559

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $250,000 Stewart Title
Warranty Deed $245,000 First American Title Ins Co
Warranty Deed $141,000 Digital Closings & Stlmnts
Warranty Deed $230,000 --
Deed $250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Previous Owner $200,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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

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Map

Source: Bright MLS

MLS Number: VAFX1119664

Bright MLS

APN: 0293-29060402