NOT LISTED FOR SALE

6861 Elm St McLean, VA 22101

Estimated Value: $12,478,239

-- Bed
-- Bath
30,504 Sq Ft
$409/Sq Ft Est. Value

About This Home

This home is located at 6861 Elm St, McLean, VA 22101 and is currently estimated at $12,478,239, approximately $409 per square foot. 6861 Elm St is a home located in Fairfax County with nearby schools including Sherman Elementary School, Longfellow Middle School, and McLean High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2022
Sold by
Ramay Family Partnership
Bought by
Qualified Opportunity Fund Llc
Current Estimated Value
$12,478,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,920,000
Outstanding Balance
$7,712,058
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$4,766,181

Purchase Details

Closed on
May 21, 1999
Sold by
Kass Realty Co Inc
Bought by
Yeonas And Ellis Reserve L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,103,996
Interest Rate
7.19%
Mortgage Type
Commercial

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Qualified Opportunity Fund Llc $10,500,000 Champion Title
Yeonas And Ellis Reserve L L C $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jag Partners Llc $7,920,000
Previous Owner Chan Wing Yin $157,500
Previous Owner Yeonas And Ellis Reserve L L C $1,103,996
Source: Public Records

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 $63,017 $5,333,630 $5,333,620 $10
2023 $58,092 $4,550,880 $2,154,450 $2,396,430
2022 $53,547 $4,682,700 $2,154,450 $2,528,250
2021 $63,641 $4,815,790 $2,154,450 $2,661,340
2020 $63,990 $4,805,860 $2,235,750 $2,570,110
2019 $65,678 $4,932,620 $1,910,550 $3,022,070
2018 $53,688 $4,668,550 $1,910,550 $2,758,000
2017 $62,106 $4,744,540 $1,910,550 $2,833,990
2016 $70,835 $3,728,480 $1,910,550 $1,817,930
2015 $67,656 $5,352,560 $1,910,550 $3,442,010
2014 $46,356 $3,674,670 $1,910,550 $1,764,120
Source: Public Records

Map

Virginia Fairfax County McLean 22101

6861 Elm St, McLean, VA

Homes for Sale in McLean, VA

This home is located at 6861 Elm St, McLean, VA 22101 and is currently estimated at $12,478,239, approximately $409 per square foot. 6861 Elm St is a home located in Fairfax County with nearby schools including Sherman Elementary School, Longfellow Middle School, and McLean High School.

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