NOT LISTED FOR SALE

1538 Forest Ln McLean, VA 22101

Estimated Value: $1,629,000 - $2,229,000

5 Beds
3 Baths
2,919 Sq Ft
$610/Sq Ft Est. Value

About This Home

This home is located at 1538 Forest Ln, McLean, VA 22101 and is currently estimated at $1,780,844, approximately $610 per square foot. 1538 Forest Ln is a home located in Fairfax County with nearby schools including Chesterbrook Elementary School, Longfellow Middle School, and McLean High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2023
Sold by
Palmer N Stearns Trust and Patricia F Stearns Trust
Bought by
Barrett Company No 55 Lc
Current Estimated Value
$1,780,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,453,000
Outstanding Balance
$2,428,759
Interest Rate
7.57%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$871,682
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
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
Barrett Company No 55 Lc $1,250,000 Counselors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrett Company No 55 Lc $2,453,000
Source: Public Records

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 $16,580 $1,334,900 $778,000 $556,900
2023 $15,883 $1,322,970 $778,000 $544,970
2022 $14,204 $1,164,950 $643,000 $521,950
2021 $12,926 $1,036,470 $528,000 $508,470
2020 $12,904 $1,028,660 $528,000 $500,660
2019 $13,766 $1,098,140 $528,000 $570,140
2018 $12,208 $1,061,530 $508,000 $553,530
2017 $11,873 $963,100 $490,000 $473,100
2016 $12,166 $988,000 $490,000 $498,000
2015 $11,001 $923,420 $458,000 $465,420
2014 $10,953 $921,240 $458,000 $463,240
Source: Public Records

Map

Virginia Fairfax County McLean 22101

1538 Forest Ln, McLean, VA

This home is located at 1538 Forest Ln, McLean, VA 22101 and is currently estimated at $1,780,844, approximately $610 per square foot. 1538 Forest Ln is a home located in Fairfax County with nearby schools including Chesterbrook Elementary School, Longfellow Middle School, and McLean High School.

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