NOT LISTED FOR SALE

The Gates Of McLean 1581 Spring Gate Dr Unit 5312 McLean, VA 22102

Tysons Corner Neighborhood

Estimated Value: $483,132 - $502,000

2 Beds
2 Baths
1,082 Sq Ft
$464/mo HOA Fee

Last Sold October 27, 2017

Last sale price $392,000 $362 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,505/month

8 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Traditional Floor Plan
  • Kilmer Middle School Rated A
  • Colonial Architecture
  • 1 Fireplace

About This Home

As of October 2017

This Lovely light filled 3rd floor, 2 BdRm condo unit has it all: Walk to Metro, balcony, which backs to common wooded area, gorgeous view, Garage parking, and a McLean Address. Contact Listing Agent for a Private Showing.

Last Agent to Sell the Property

Theresa Kim

(703) 725-4585 theresakimrealestate@gmail.com RE/MAX Allegiance Listed on: 09/14/2017

RE/MAX Allegiance

Last Buyer's Agent

Eun Lee

(703) 203-4253 eunnieklee@gmail.com Fairfax Realty Select License #0225064110

Fairfax Realty Select

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,535

Year Built

  • Built in 1997

Lot Details

  • 0.34

HOA Fees

  • $464 Monthly HOA Fees

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,082 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • 1 Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Subterranean Parking
  • Parking Space Number Location: 239

Schools

  • Westgate Elementary School
  • Marshall High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 29-4-12-5-312

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, insurance, reserve funds, road maintenance, sewer, water
  • Low-Rise Condominium
  • Gates Of Mclean Community
  • Gates Of Mclean Subdivision
  • The community has rules related to alterations or architectural changes, commercial vehicles not allowed, parking rules

Amenities

  • Picnic Area
  • Community Center
  • Party Room
  • Elevator

Recreation

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,535

Year Built

Built in 1997

Lot Details

0

HOA Fees

$464 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: Main
  • Year Built: 1997
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Washer, Stove
  • Interior Amenities: Combination Kitchen/Dining, Kitchen - Table Space, Flat, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1082
  • Living Area Sq Ft: 1082
  • Price Per Sq Ft: 378.84
  • Above Grade Finished Sq Ft: 1082
  • 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
  • Construction Materials: Combination
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Parking Space Number Assigned: 239
  • Garage Features: Underground

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 464.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Gated Community, Fitness Center, Party Room, Picnic Area, Pool - Outdoor, Community Center, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Reserve Funds, Road Maintenance, Sewer, Water
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Commercial Vehicles Prohibited, Elevator Use, Parking
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: WESTGATE
  • High School: MARSHALL
  • Middle Or Junior School: CALL SCHOOL BOARD

Lot Info

  • Improvement Assessed Value: 283760.00
  • Land Assessed Value: 71000.00
  • Property Attached Yn: Yes
  • Zoning: 330

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4535.14
  • Assessor Parcel Number: 29-4-12-5-312
  • Tax Page Number: 294
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2017
Closed on
Oct 27, 2017
Sold by
Shim Yong S
Bought by
Jang Hyesuk
Seller's Agent
Theresa Kim
RE/MAX Allegiance
Buyer's Agent
Eun Lee
Fairfax Realty Select
List Price
$409,900
Sold Price
$392,000
Premium/Discount to List
-$17,900
-4.37%
Current Estimated Value
$493,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,783
Avg. Annual Appreciation
2.89%
Original Mortgage
$313,600
Outstanding Balance
$262,643
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$231,140

Purchase Details

Closed on
Oct 29, 2004
Sold by
Zaman Maria
Bought by
Shim Yong S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,200
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2003
Sold by
Gates Of Mclean Develop
Bought by
Zaman Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,320
Interest Rate
5.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jang Hyesuk $392,000 First American Title
Shim Yong S $399,000 --
Zaman Maria $337,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jang Hyesuk $313,600
Previous Owner Shim Yong S $299,200
Previous Owner Zaman Maria $270,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2017 10/27/17 Sold $392,000 -4.4% $362 / Sq Ft
09/22/2017 09/22/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $409,900 -- $379 / 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 $5,287 $472,490 $94,000 $378,490
2024 $5,287 $437,490 $87,000 $350,490
2023 $5,055 $428,910 $86,000 $342,910
2022 $5,119 $428,910 $86,000 $342,910
2021 $5,301 $433,240 $87,000 $346,240
2020 $4,948 $401,150 $80,000 $321,150
2019 $4,710 $381,860 $76,000 $305,860
2018 $4,243 $368,950 $74,000 $294,950
2017 $4,296 $354,760 $71,000 $283,760
2016 $4,535 $375,270 $75,000 $300,270
2015 $4,376 $375,270 $75,000 $300,270
2014 $4,003 $347,030 $69,000 $278,030
Source: Public Records

Agents Affiliated with this Home

  • Theresa Kim

    Seller's Agent in 2017

    Theresa Kim

    RE/MAX

    (703) 725-4585

    36 Total Sales

    Theresa Kim
    Section Image
  • Eun Lee

    Buyer's Agent in 2017

    Eun Lee

    Fairfax Realty Select

    (703) 203-4253

    2 in this area

    30 Total Sales

    Eun Lee
    Section Image
See All Agents

About The Gates Of McLean

Map

Source: Bright MLS

MLS Number: 1001012561

Bright MLS

APN: 0294-12050312

Virginia Fairfax County McLean 22102 Tysons Corner

1581 Spring Gate Dr Unit 5312, McLean, VA

Not Listed for Sale

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