NOT LISTED FOR SALE

1540 Lincoln Way Unit 301B McLean, VA 22102

Tysons Corner Neighborhood

Estimated Value: $304,825 - $353,000

1 Bed
1 Bath
762 Sq Ft
$292/mo HOA Fee

Last Sold February 15, 2013

Last sale price $238,000 $312 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,269/month

Highlights

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

About This Home

As of February 2013

Very nice top floor unit in the popular Fountains at McLean. Raised ceilings, FPL, wood floors, balcony off living room, granite counters in kitchen & bath, ss appliances, full size W/D, very roomy, lots of light, walking distance to restaurants, shops, galleria, metro bus, great location!

Last Agent to Sell the Property

Kenneth De Porter

(703) 587-9185 deporter.k@gmail.com Spring Hill Real Estate, LLC. License #0225146678 Listed on: 12/14/2012

Spring Hill Real Estate, LLC.

Last Buyer's Agent

Tyler Nguyen

(703) 574-1033 info@teamtylernguyen.com EXP Realty, LLC License #0225195831

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,399

Year Built

  • Built in 1988

Lot Details

  • 4,008

HOA Fees

  • $292 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 762 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Screen For Fireplace
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Parking Space Number Location: 227
  • 1 Assigned Parking Space

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Private Pool
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 29-1-23-12-301B

Community Details

Overview

  • Association fees include lawn maintenance, insurance, pool(s), road maintenance, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Fountains At MCL Community

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,399

Year Built

Built in 1988

Lot Details

0

HOA Fees

$292 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1988
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Combination Kitchen/Dining, Kitchen - Island, Master Bath(s), Floor Plan - Open
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Master Bedroom, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 762
  • Living Area Sq Ft: 762
  • Price Per Sq Ft: 308.40
  • 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, Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Parking Space Number Assigned: 227

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), 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

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 292.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Exercise Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Insurance, Pool(s), Road Maintenance, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Rules: Restrictions
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 174870.00
  • Land Assessed Value: 44000.00
  • Property Condition: Very Good
  • Year Assessed: 2012
  • Zoning: 230

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2398.82
  • Assessor Parcel Number: 29-1-23-12-301B
  • Tax Page Number: 291
  • Tax Total Finished Sq Ft: 762
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 02/15/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2012
Closed on
Feb 15, 2013
Sold by
Parker Granieri Barbara
Bought by
Chiang Pishing
Seller's Agent
Kenneth De Porter
Spring Hill Real Estate, LLC.
Buyer's Agent
Tyler Nguyen
EXP Realty, LLC
List Price
$235,000
Sold Price
$238,000
Premium/Discount to List
$3,000
1.28%
Current Estimated Value
$328,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,913
Avg. Annual Appreciation
2.81%

Purchase Details

Closed on
Nov 9, 2006
Sold by
Lawless Andrew F
Bought by
Parker-Granieri Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,300
Interest Rate
6.31%
Mortgage Type
New Conventional
Source: Public Records

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 Buyer Sale Price Title Company
Chiang Pishing $238,000 --
Parker-Granieri Barbara $289,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parker-Granieri Barbara $202,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2013 02/15/13 Sold $238,000 +1.3% $312 / Sq Ft
12/18/2012 12/18/12 Pending -- -- --
12/14/2012 12/14/12 For Sale $235,000 -- $308 / 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 $2,884 $238,680 $48,000 $190,680
2023 $2,654 $225,170 $45,000 $180,170
2022 $2,635 $220,750 $44,000 $176,750
2021 $3,177 $259,700 $52,000 $207,700
2020 $2,994 $242,710 $49,000 $193,710
2019 $3,119 $252,820 $51,000 $201,820
2018 $2,717 $236,280 $47,000 $189,280
2017 $2,624 $216,650 $43,000 $173,650
2016 $2,937 $242,990 $49,000 $193,990
2015 $2,921 $250,500 $50,000 $200,500
2014 $2,833 $245,590 $49,000 $196,590
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Kenneth De Porter

    Spring Hill Real Estate, LLC.

    (703) 587-9185

    5 Total Sales

    Kenneth De Porter
    Section Image
  • Tyler Nguyen

    Buyer's Agent in 2013

    Tyler Nguyen

    EXP Realty, LLC

    (703) 574-1033

    1 in this area

    114 Total Sales

    Tyler Nguyen
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1004239524

Bright MLS

APN: 0291-23120301B

Virginia Fairfax County McLean 22102 Tysons Corner

1540 Lincoln Way Unit 301B, McLean, VA

This home is located at 1540 Lincoln Way Unit 301B, McLean, VA 22102 since 14 December 2012 and is currently estimated at $328,913, approximately $431 per square foot. This property was built in 1988. 1540 Lincoln Way Unit 301B is a home located in Fairfax County with nearby schools including Spring Hill Elementary School, Longfellow Middle School, and McLean High School.

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