NOT LISTED FOR SALE

The Gates Of McLean 1601 Spring Gate Dr Unit 1202 Floor 2 McLean, VA 22102

Tysons Corner Neighborhood

Estimated Value: $310,196 - $363,000

1 Bed
1 Bath
642 Sq Ft
$517/Sq Ft Est. Value

Sale Details

Date Sold: July 28, 2017

Last sale price $265,000 $413 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,512 / mo

About This Home

Exceptional unit in convenient Gates of McLean is located within 3 blocks of Metro Subway, 2 blocks to Wegmans, and a 3-minute drive to Tysons Corner Business District, shops and dining! 1202 is a corner unit that enjoys a quiet location and pleasant view. Please excuse Tenants' packing. Conscientious landlord, final cleaning to be done March 31. Garage space plus Visitor Parking Space! Lease periods after first year subject to increased rent amount.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2017
Closed on
Jul 28, 2017
Sold by
Subbian Srinivasan and Subbian Rebecca Palmer
Bought by
Bernal Michael O and Bernal Eva O
Seller's Agent
Are Andresen
Soldsense
Buyer's Agent
Sandy Chee
Corcoran McEnearney
List Price
$258,000
Sold Price
$265,000
Premium/Discount to List
$7,000
2.71%
Current Estimated Value
$331,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,799
Avg. Annual Appreciation
2.62%
Original Mortgage
$132,500
Outstanding Balance
$110,322
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$221,477

Purchase Details

Closed on
Nov 3, 2003
Sold by
Gates Of Mclean Dev L L C
Bought by
Subbian Srinivasan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,520
Interest Rate
6.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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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
Bernal Michael O $265,000 First American Title Inc
Subbian Srinivasan $206,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernal Michael O $132,500
Previous Owner Subbian Srinivasan $165,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2025 04/01/25 Rented $1,950 0.0% --
02/06/2025 02/06/25 For Rent $1,950 +5.4% --
06/01/2024 06/01/24 Rented $1,850 0.0% --
04/07/2024 04/07/24 Under Contract -- -- --
04/01/2024 04/01/24 For Rent $1,850 +15.6% --
09/30/2019 09/30/19 Rented $1,600 0.0% --
09/23/2019 09/23/19 For Rent $1,600 0.0% --
07/28/2017 07/28/17 Sold $265,000 +2.7% $413 / Sq Ft View Prior Sale
07/09/2017 07/09/17 Pending -- -- --
07/07/2017 07/07/17 For Sale $258,000 -- $402 / Sq Ft

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 $3,469 $310,060 $62,000 $248,060
2024 $3,469 $287,090 $57,000 $230,090
2023 $3,317 $281,460 $56,000 $225,460
2022 $3,428 $287,200 $57,000 $230,200
2021 $3,514 $287,200 $57,000 $230,200
2020 $3,135 $254,160 $51,000 $203,160
2019 $2,956 $239,660 $48,000 $191,660
2018 $2,652 $230,640 $46,000 $184,640
2017 $2,935 $242,360 $48,000 $194,360
2016 $2,929 $242,360 $48,000 $194,360
Source: Public Records

Agents Affiliated with this Home

  • Sandy Chee

    Seller's Agent in 2025

    Sandy Chee

    McEnearney Associates

    (703) 597-1671

    2 in this area

    43 Total Sales

    Sandy Chee
    Section Image
  • Are Andresen

    Seller's Agent in 2017

    Are Andresen

    Soldsense

    (703) 861-0845

    16 in this area

    55 Total Sales

    Are Andresen
    Section Image
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About The Gates Of McLean

Map

Virginia Fairfax County McLean 22102 Tysons Corner

1601 Spring Gate Dr Unit 1202, McLean, VA

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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