NOT LISTED FOR SALE

1525 Lincoln Way Unit 204A McLean, VA 22102

Tysons Corner Neighborhood

Estimated Value: $358,000 - $386,584

2 Beds
2 Baths
973 Sq Ft
$366/mo HOA Fee

Last Sold March 28, 2013

Last sale price $350,000 $360 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,642/month

10 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Wood Flooring
  • Spring Hill Elementary School Rated A
  • Contemporary Architecture
  • Sauna

About This Home

As of March 2013

Beautiful, bright, renovated condo at Tysons Corner. 2 bedrms, 2 baths w/ parking, storage, balcony & fireplace. New granite counter tops, maple cabinets, laminate hardwood throughout. Community amenities incl tennis courts, pool, gorgeous club house, rec room, sauna and gym. Close to Harris Teeter, Starbucks, upcoming metro stop, and so much more.

Last Agent to Sell the Property

Sue Jin Song

suejin.realtor@gmail.com Weichert, REALTORS Listed on: 02/09/2013

Last Buyer's Agent

Terry Belt

(703) 242-3975 Terry@TheBeltTeam.com Keller Williams Realty License #0225159179

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,081

Year Built

  • Built in 1988

Lot Details

  • Property is in very good condition

HOA Fees

  • $366 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 973 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Chair Railings
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Parking Space Number Location: 144
  • 1 Assigned Parking Space

Utilities

  • Forced Air Heating and Cooling System
  • Programmable Thermostat
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 29-3-29-9-204A

Community Details

Overview

  • Association fees include custodial services maintenance, exterior building maintenance, management, insurance, pool(s), recreation facility, reserve funds, road maintenance, sewer, snow removal, trash, water, sauna
  • Fountains At Mclean HOA
  • Low-Rise Condominium
  • Fountains At MCL Community
  • Fountains At Mclean Subdivision
  • The community has rules related to building or community restrictions

Amenities

  • Common Area
  • Sauna
  • Billiard Room
  • Community Center
  • Meeting Room
  • Party Room
  • Recreation Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,081

Year Built

Built in 1988

Lot Details

0

HOA Fees

$366 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Federal Flood Insurance: Unknown
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1988
  • Remarks Public: Beautiful, bright, renovated condo at Tysons Corner. 2 bedrms, 2 baths w/ parking, storage, balcony & fireplace. New granite counter tops, maple cabinets, laminate hardwood throughout. Community amenities incl tennis courts, pool, gorgeous club house, rec room, sauna and gym. Close to Harris Teeter, Starbucks, upcoming metro stop, and so much more.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Combination Kitchen/Living, Combination Dining/Living, Primary Bath(s), Chair Railings, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Floors 2-5
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Laundry, Storage Room
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 973
  • Living Area Sq Ft: 973
  • Price Per Sq Ft: 359.71
  • Above Grade Finished Sq Ft: 973
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1525

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

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

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Parking Space Number Assigned: 144

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Programmable Thermostat
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 366.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Billiard Room, Common Grounds, Community Center, Exercise Room, Meeting Room, Party Room, Pool - Outdoor, Recreational Center, Sauna, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Custodial Services Maintenance, Ext Bldg Maint, Management, Insurance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water, Sauna
  • HOA Condo Co-Op Rules: Building Restrictions
  • HOA Name: FOUNTAINS AT MCLEAN
  • HOA: No

Lot Info

  • Property Condition: Very Good
  • Year Assessed: 2012
  • Zoning: 230

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 3081.40
  • Assessor Parcel Number: 29-3-29-9-204A
  • Tax Total Finished Sq Ft: 973
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 03/28/2013

Multi Family

  • Federal Flood Zone: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2013
Closed on
Mar 25, 2013
Sold by
Kim Alexander
Bought by
Atlas Erik
Seller's Agent
Sue Jin Song
Weichert, REALTORS
Buyer's Agent
Terry Belt
Keller Williams Realty
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$372,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,292
Avg. Annual Appreciation
0.49%
Original Mortgage
$270,000
Outstanding Balance
$190,704
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$181,588

Purchase Details

Closed on
Apr 16, 2008
Sold by
Sheu Kevin
Bought by
Kim Alexander Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2004
Sold by
Park Hye Kyung
Bought by
Sheu Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2003
Sold by
The Fountains At Mclean L
Bought by
Park Hye Kyung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
5.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Atlas Erik $350,000 --
Kim Alexander Y $310,000 --
Sheu Kevin $339,000 --
Park Hye Kyung $256,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atlas Erik $270,000
Previous Owner Kim Alexander Y $248,000
Previous Owner Sheu Kevin $271,200
Previous Owner Park Hye Kyung $203,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2013 03/28/13 Sold $350,000 0.0% $360 / Sq Ft
02/19/2013 02/19/13 Pending -- -- --
02/09/2013 02/09/13 For Sale $350,000 -- $360 / 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
2025 $3,932 $341,600 $68,000 $273,600
2024 $3,932 $325,330 $65,000 $260,330
2023 $3,517 $298,470 $60,000 $238,470
2022 $3,790 $317,520 $64,000 $253,520
2021 $4,005 $327,340 $65,000 $262,340
2020 $4,120 $334,020 $67,000 $267,020
2019 $4,120 $334,020 $67,000 $267,020
2018 $3,372 $293,230 $59,000 $234,230
2017 $3,812 $314,760 $63,000 $251,760
2016 $3,967 $328,250 $66,000 $262,250
2015 $3,946 $338,400 $68,000 $270,400
2014 $3,827 $331,760 $66,000 $265,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003342962

Bright MLS

APN: 0293-29090204A