NOT LISTED FOR SALE

1541 Lincoln Way Unit 301A McLean, VA 22102

Tysons Corner Neighborhood

Estimated Value: $386,000 - $397,970

2 Beds
2 Baths
1,050 Sq Ft
$744/mo HOA Fee

Last Sold October 18, 2024

Last sale price $400,000 $381 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,154/month

15 Days on Market

Highlights

  • Fitness Center
  • Penthouse
  • Clubhouse
  • Spring Hill Elementary School Rated A
  • Colonial Architecture
  • 1 Fireplace

About This Home

As of October 2024

Welcome to your top-floor at 1541 Lincoln Way, Unit 301!
This stylish 2-bedroom, 2-bathroom condo offers a spacious 1050 square feet of living space with high vaulted ceilings that create an airy and open atmosphere. The unit features not one but two balconies, perfect for taking in the views and enjoying some fresh air. The centerpiece of the living area is a cozy fireplace, creating a warm and inviting ambiance.

This home was fully updated in 2019, ensuring a modern and sleek interior that is move-in ready. All windows and sliding doors were replaced in 2020, new W/D and dishwasher installed in 2022. The convenience of in-unit laundry with a washer and dryer adds to the ease of living. The community offers a gym and a pool.

Assigned parking (#199) ensures you always have a place to park, adding a layer of convenience to your daily routine. The location is unbeatable, with The Boro in Tysons and the Tysons Malls just a stone's throw away.

Last Agent to Sell the Property

Sami Daamash

(703) 342-7812 sami.daamash@compass.com Compass License #677422 Listed on: 09/04/2024

Compass

Last Buyer's Agent

Kris Thomas

(202) 695-3120 kristine.karen.t@gmail.com KW United

KW United

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,294

Year Built

  • Built in 1988

Lot Details

  • 3,136

HOA Fees

  • $744 Monthly HOA Fees

Home Design

  • Penthouse
  • Colonial Architecture
  • Entry on the 3rd floor
  • Aluminum Siding

Interior Spaces

  • 1,050 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Assessor Parcel Number 0291 23150301A

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, management, parking fee, pool(s), recreation facility, sauna, sewer, trash, water
  • Low-Rise Condominium
  • Fountains At Mclean Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Community Center

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,294

Year Built

Built in 1988

Lot Details

0

HOA Fees

$744 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1050
  • Living Area Sq Ft: 1050
  • Price Per Sq Ft: 380.95
  • Above Grade Finished Sq Ft: 1050
  • Above Grade Finished Area Units: Square Feet

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, Below Grade
  • Construction Materials: Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 744.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Community Center, Exercise Room, Fitness Center, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Parking Fee, Pool(s), Recreation Facility, Sauna, Sewer, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: 230
  • In City Limits: Yes

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4294.00
  • Assessor Parcel Number: 0291 23150301A
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Oct 17, 2024
Sold by
Siles Luisa
Bought by
Mendoza Jose A and Cassis Gabriela Ledezma
Seller's Agent
Sami Daamash
Compass
Buyer's Agent
Kris Thomas
KW United
List Price
$400,000
Sold Price
$400,000
Views
106
Current Estimated Value
$391,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,015
Avg. Annual Appreciation
-1.93%
Original Mortgage
$388,000
Outstanding Balance
$383,921
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$8,064

Purchase Details

Listed on
Mar 14, 2019
Closed on
Mar 28, 2019
Sold by
Ma Sarah K
Bought by
Siles Luisa
Seller's Agent
Natalie Vaughan
Compass
Buyer's Agent
Keri Shull
EXP Realty, LLC
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.17%

Purchase Details

Closed on
Jul 18, 2003
Sold by
Fountains At Mclean
Bought by
Ma Sarah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,900
Interest Rate
5.34%
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 Buyer Sale Price Title Company
Mendoza Jose A $400,000 Old Republic National Title In
Siles Luisa $375,000 Kvs Title Llc
Ma Sarah K $279,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza Jose A $388,000
Previous Owner Ma Sarah K $223,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2024 10/18/24 Sold $400,000 0.0% $381 / Sq Ft
09/04/2024 09/04/24 For Sale $400,000 +6.7% $381 / Sq Ft
03/28/2019 03/28/19 Sold $375,000 0.0% $357 / Sq Ft View Prior Sale
03/14/2019 03/14/19 For Sale $375,000 0.0% $357 / Sq Ft
12/01/2017 12/01/17 Rented $1,800 0.0% --
12/01/2017 12/01/17 Under Contract -- -- --
11/15/2017 11/15/17 For Rent $1,800 0.0% --
05/19/2014 05/19/14 Rented $1,800 -5.3% --
05/19/2014 05/19/14 Under Contract -- -- --
04/25/2014 04/25/14 For Rent $1,900 -- --
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 $4,295 $384,340 $77,000 $307,340
2024 $4,295 $355,380 $71,000 $284,380
2023 $3,842 $326,040 $65,000 $261,040
2022 $4,140 $346,850 $69,000 $277,850
2021 $4,244 $346,850 $69,000 $277,850
2020 $4,366 $353,930 $71,000 $282,930
2019 $4,366 $353,930 $71,000 $282,930
2018 $3,567 $310,180 $62,000 $248,180
2017 $3,874 $319,860 $64,000 $255,860
2016 $4,031 $333,520 $67,000 $266,520
2015 $4,009 $343,840 $69,000 $274,840
2014 $3,888 $337,100 $67,000 $270,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2199886

Bright MLS

APN: 0291-23150301A