NOT LISTED FOR SALE

The Monarch 7887 Jones Branch Dr Unit 1202 McLean, VA 22102

Tysons Corner Neighborhood

Estimated Value: $1,560,000 - $1,628,000

2 Beds
2 Baths
1,656 Sq Ft
$1,165/mo HOA Fee

Last Sold June 30, 2023

Last sale price $1,485,000 $897 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $11,101/month

Highlights

  • Concierge
  • Fitness Center
  • Clubhouse
  • Westbriar Elementary School Rated A
  • New Construction
  • Contemporary Architecture

About This Home

As of June 2023

For COMP's purpose only.

Last Agent to Sell the Property

datacorrect BrightMLS

Non Subscribing Office Listed on: 01/29/2024

Last Buyer's Agent

Connie Chung

KW United License #0225068898

KW United

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,819

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.69

HOA Fees

  • $1,165 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • 1,656 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 0294 19 0056

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, parking fee, pool(s), recreation facility, reserve funds
  • High-Rise Condominium
  • Monarch Condos
  • Tysons Corner Subdivision

Amenities

  • Concierge
  • Picnic Area
  • Common Area
  • Community Center
  • Guest Suites

Recreation

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,819

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$1,165 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: Yes
  • Story List: Main
  • Year Built: 2023
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 12
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1656
  • Living Area Sq Ft: 1656
  • Price Per Sq Ft: 896.74
  • Above Grade Finished Sq Ft: 1656
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7887

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: Concrete, Masonry, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Basement Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: 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

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1165.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Monarch
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Community Center, Concierge, Elevator, Exercise Room, Guest Suites, Picnic Area, Pool - Outdoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Parking Fee, Pool(s), Recreation Facility, Reserve Funds
  • HOA: No
  • Senior Community: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • School District Key: 121138392980
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 047
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: 360
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Dogs Ok, Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 12819.00
  • Assessor Parcel Number: 0294 19 0056
  • Tax Total Finished Sq Ft: 1656
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/30/2023

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2024
Closed on
Jun 30, 2023
Sold by
Renaissance Centro Tysons Monarch Llc
Bought by
Young-Ok Kim Trust and Kim
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Connie Chung
KW United
List Price
$1,485,000
Sold Price
$1,485,000
Current Estimated Value
$1,594,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,227
Avg. Annual Appreciation
3.74%
Original Mortgage
$500,000
Outstanding Balance
$490,361
Interest Rate
6.71%
Estimated Equity
$1,107,173
Source: Public Records

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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
Young-Ok Kim Trust $1,485,000 Stewart Title Guaranty Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young-Ok Kim Trust $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2024 01/29/24 For Sale $1,485,000 0.0% $897 / Sq Ft
06/30/2023 06/30/23 Sold $1,485,000 -- $897 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
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 $17,696 $1,464,330 $293,000 $1,171,330
2023 -- -- -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2161858

Bright MLS

APN: 0294-19-0056