NOT LISTED FOR SALE

The Monarch 7887 Jones Branch Dr Unit 406 McLean, VA 22102

Tysons Corner Neighborhood

Estimated Value: $797,000 - $882,000

2 Beds
2 Baths
1,027 Sq Ft
$827/mo HOA Fee

Last Sold June 22, 2023

Last sale price $798,000 $777 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,004/month

Highlights

  • Concierge
  • Fitness Center
  • Guest Suites
  • Westbriar Elementary School Rated A
  • 24-Hour Security
  • Community Pool

About This Home

As of June 2024

Available to move in on July 1. Monarch one of the most Luxurious buildings in THE HEART OF TYSONS! With outstanding Amenities including a private clubroom, heated pool, landscaped gardens, state-of-the-art fitness center, and penthouse level event space and services: 24/7 Concierge, a Hospitality Suite for visiting family/overnight guests, state-of-the-art fitness center, Elevator and Assigned parking. Located near premier dining, entertainment, and luxury retail at Tysons Corner and Tysons II Galleria, the Monarch combines tranquility with the convenience of urban living.

Last Agent to Rent the Property

Han Peruzzi

(703) 268-1850 han.peruzzi@compass.com Compass License #0225200184 Listed on: 06/26/2024

Compass

Co-Listed By

Joe Peruzzi

(703) 965-8271 joseph.peruzzi@compass.com Compass License #0225259287

Last Renter's Agent

Andres Serafini

(240) 418-8899 andres@twgrealtors.com Realty of America LLC License #SP98374775

Realty of America LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,167

Year Built

  • Built in 2023

Lot Details

  • 0.69

HOA Fees

  • $827 Monthly HOA Fees

Parking

  • Side Facing Garage

Home Design

  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,027 Sq Ft Home
  • Property has 1 Level
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $5,800
  • Tenant pays for electricity, light bulbs/filters/fuses/alarm care, HVAC maintenance, minor interior maintenance
  • The owner pays for management, water, insurance, real estate taxes, sewer, association fees
  • Rent includes hoa/condo fee, insurance, parking, water
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 6/26/24
  • $45 Application Fee
  • $100 Repair Deductible
  • Assessor Parcel Number 0294 19 0008

Community Details

Overview

  • Association fees include management, trash, snow removal, reserve funds, pool(s), recreation facility, common area maintenance, gas
  • High-Rise Condominium
  • Tysons Corner Subdivision
  • Property Manager

Amenities

  • Concierge
  • Common Area
  • Meeting Room
  • Party Room
  • Guest Suites
  • Elevator

Recreation

  • Jogging Path

Pet Policy

  • No Pets Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,167

Year Built

Built in 2023

Lot Details

0

HOA Fees

$827 per month

Parking

1

Rental Info

  • Date Available: 2024-06-26
  • Application Fee: 45.00
  • Owner Pays: Management, Water, Insurance, Taxes - Real Estate, Sewer, Association Fees
  • Pets Allowed: No
  • Rent Includes: Hoa/Condo Fee, Insurance, Parking, Water
  • Security Deposit: 5800.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Electricity, Light Bulbs/Filters/Fuses/Alarm Care, Hvac Maintenance, Minor Interior Maintenance
  • Vacation Rental: No
  • Property Manager: Yes
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Historic: No
  • Inclusions: HOA/Condo Fee, Insurance, Parking, Water
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-06-26
  • Federal Flood Zone: No
  • Year Built: 2023
  • Building Winterized: No
  • Repair Deductible: 100.00
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave
  • Entry Floor: 4
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1027
  • Living Area Sq Ft: 1027
  • Price Per Sq Ft: 5.65
  • Above Grade Finished Sq Ft: 1027
  • 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: Block, Brick, Concrete, Combination
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: 24 Hour Security, Desk In Lobby
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 826.50
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Common Grounds, Elevator, Exercise Room, Jog/Walk Path, Guest Suites, Meeting Room, Party Room, Reserved/Assigned Parking, Swimming Pool, Fitness Center, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Management, Trash, Snow Removal, Reserve Funds, Pool(s), Recreation Facility, Common Area Maintenance, Gas
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Zoning: RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 0294 19 0008

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2024
Sold by
Olson Xi
Bought by
Olson Xi and Lu Xiyan
Current Estimated Value
$843,049

Purchase Details

Listed on
Jul 3, 2023
Closed on
Jun 23, 2023
Sold by
Renaissance Centro Tysons Monarch Llc
Bought by
Olson Xi
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Han Peruzzi
Compass
List Price
$798,000
Sold Price
$798,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.35%
Original Mortgage
$415,000
Interest Rate
6.67%
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
Olson Xi -- None Listed On Document
Olson Xi $798,000 Stewart Title Guaranty Company
Olson Xi $798,000 Stewart Title Guaranty Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olson Xi $415,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2024 06/26/24 For Rent $5,800 0.0% --
06/19/2024 06/19/24 Rented $5,800 0.0% --
07/03/2023 07/03/23 For Sale $798,000 0.0% --
06/22/2023 06/22/23 Sold $798,000 -- -- View Prior Sale
01/01/2023 01/01/23 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
2025 $9,167 $796,460 $159,000 $637,460
2024 $9,167 $758,530 $152,000 $606,530
2023 -- -- -- --
Source: Public Records

Agents Affiliated with this Home

  • Han Peruzzi

    Landlord's Agent in 2024

    Han Peruzzi

    Compass

    (703) 268-1850

    1 in this area

    44 Total Sales

    Han Peruzzi
    Section Image

  • J

    Landlord's Co-Listing Agent in 2024

    Joe Peruzzi

    Compass

    (703) 965-8271

    1 Total Sale

    Joe Peruzzi
    Section Image
  • Andres Serafini

    Tenant's Agent in 2024

    Andres Serafini

    Realty of America LLC

    (240) 418-8899

    1 in this area

    389 Total Sales

    Andres Serafini
    Section Image
See All Agents

About The Monarch

Map

Source: Bright MLS

MLS Number: VAFX2184632

Bright MLS

APN: 0294-19-0008

Virginia Fairfax County McLean 22102 Tysons Corner

7887 Jones Branch Dr Unit 406, McLean, VA

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