$239,500
SOLD SEP 12, 2014

1540 Lincoln Way Unit 102B McLean, VA 22102

Tysons Corner Neighborhood
1 Bed
1 Bath
762 Sq Ft
$293/mo HOA Fee

Recently Sold

$314 Per Sq Ft

4% Below List Price

Highlights

  • Fitness Center
  • Open Floorplan
  • Clubhouse
  • Spring Hill Elementary School Rated A
  • Colonial Architecture
  • Community Pool

About This Home

As of May 2018

Check the sq ft & the comps! Best price & great opportunity to build sweat equity in a great area! One of the largest 1 bedrooms (762 sq ft) on first floor with balcony! Has 1 assigned parking space! Washer & dryer in unit! Commuters' dream, Silver Line almost ready, Harris Teeter, Starbucks, Tysons! Stroll to outdoor pool, clubhouse, game room, fitness center! Newer HVAC & hot water heater.

Last Agent to Sell the Property

Margaret Earnest

(703) 966-1999 maggie.earnest@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 05/28/2014

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Brian Herndon

(703) 472-4825 bherndon@jasonmitchellgroup.com Jason Mitchell Real Estate Virginia, LLC License #0225075441

Jason Mitchell Real Estate Virginia, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,261

Year Built

  • Built in 1988

HOA Fees

  • $293 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 762 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Galley Kitchen
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Parking Space Number Location: O-251
  • Surface Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 29-1-23-12-102B

Community Details

Overview

  • Application Fee Required
  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, insurance, pool(s), reserve funds, road maintenance, snow removal, trash, water, sewer, management
  • Low-Rise Condominium
  • Fountains At MCL Community
  • The community has rules related to alterations or architectural changes, antenna installations, building or community restrictions, commercial vehicles not allowed, covenants, moving in times, parking rules, renting, no recreational vehicles, boats or trailers

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Billiard Room

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,261

Year Built

Built in 1988

Lot Details

0

HOA Fees

$293 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Disposal, Dishwasher, Dryer, Washer, Refrigerator, Stove
  • Interior Amenities: Combination Dining/Living, Kitchen - Galley, Floor Plan - Open
  • Fireplace: No
  • Door Features: Sliding Glass
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 762
  • Living Area Sq Ft: 762
  • Price Per Sq Ft: 314.96
  • Above Grade Finished Sq Ft: 762
  • 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

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Surface
  • Parking Space Number Assigned: O-251

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: 292.85
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Billiard Room, Club House, Common Grounds, Exercise Room, Picnic Area, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Insurance, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash, Water, Sewer, Management
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Covenants, Application Fee Required, Commercial Vehicles Prohibited, Building Restrictions, Alterations/Architectural Changes, Antenna, Moving In Times, Parking, Renting, Restrictions, Rv/Boat/Trail
  • HOA: No

Lot Info

  • Improvement Assessed Value: 189920.00
  • Land Assessed Value: 47000.00
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2014
  • Zoning: 230

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2260.78
  • Assessor Parcel Number: 29-1-23-12-102B
  • Tax Page Number: 291
  • Tax Total Finished Sq Ft: 762
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 09/12/2014

Multi Family

  • Metering: Electric Separate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2024
Sold by
Otsubo Kyori and Yamamoto Kyori
Bought by
Yamamoto Kyori and Yamamoto Tetsuya
Current Estimated Value
$302,859

Purchase Details

Listed on
Apr 12, 2018
Closed on
May 17, 2018
Sold by
Zarei Arash and Aslanimehr Heliya
Bought by
Otsubo Kyori
Seller's Agent
Reza Rofougaran
Northern Virginia Homes
Buyer's Agent
Margaret Halseth
Keller Williams Realty Dulles
List Price
$249,000
Sold Price
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.88%
Original Mortgage
$236,550
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 28, 2014
Closed on
Aug 26, 2014
Sold by
Cinotti Sara C
Bought by
Aslanimehr Heliya
Seller's Agent
Margaret Earnest
Long & Foster Real Estate, Inc.
Buyer's Agent
Brian Herndon
Jason Mitchell Real Estate Virginia, LLC
List Price
$249,000
Sold Price
$239,500
Premium/Discount to List
-$9,500
-3.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.06%
Original Mortgage
$214,200
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2006
Sold by
Molino Thomas M
Bought by
Molino Sara C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,520
Interest Rate
6.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2003
Sold by
Fountains At Mclean L L C
Bought by
Molino Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,520
Interest Rate
5.46%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Deed -- None Listed On Document
Deed $249,000 Vesta Settlements Llc
Warranty Deed $238,000 --
Warranty Deed $196,900 --
Deed $196,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $191,200 Credit Line Revolving
Previous Owner $236,550 New Conventional
Previous Owner $214,200 New Conventional
Previous Owner $157,520 New Conventional
Previous Owner $157,520 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2018 05/18/18 Sold $249,000 0.0% $327 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $249,000 +4.0% $327 / Sq Ft
09/12/2014 09/12/14 Sold $239,500 -0.2% $314 / Sq Ft
07/22/2014 07/22/14 Pending -- -- --
06/20/2014 06/20/14 Price Changed $240,000 -3.6% $315 / Sq Ft
06/06/2014 06/06/14 For Sale $249,000 +4.0% $327 / Sq Ft
05/30/2014 05/30/14 Off Market $239,500 -- --
05/28/2014 05/28/14 For Sale $249,000 -- $327 / 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
2024 $2,781 $230,110 $46,000 $184,110
2023 $2,558 $217,080 $43,000 $174,080
2022 $2,540 $212,820 $43,000 $169,820
2021 $3,063 $250,380 $50,000 $200,380
2020 $2,886 $234,000 $47,000 $187,000
2019 $3,007 $243,750 $49,000 $194,750
2018 $2,620 $227,800 $46,000 $181,800
2017 $2,528 $208,790 $42,000 $166,790
2016 $2,833 $234,410 $47,000 $187,410
2015 $2,818 $241,660 $48,000 $193,660
2014 $2,733 $236,920 $47,000 $189,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003020042

Bright MLS

APN: 0291-23120102B