NOT LISTED FOR SALE

The Palladium at McLean 1450 Emerson Ave Unit 407 McLean, VA 22101

Estimated Value: $1,342,000 - $1,892,000

3 Beds
2.5 Baths
2,480 Sq Ft
$1,510/mo HOA Fee

Last Sold March 01, 2024

Last sale price $1,310,000 $528 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $11,714/month

4 Days on Market

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Wood Flooring
  • Sherman Elementary School Rated A
  • Traditional Architecture
  • 1 Fireplace

About This Home

As of March 2024

Welcome to The Palladium! Luxury Living at its finest. A sought-after condominium in the Heart of downtown McLean. Walk to dining, shopping, and restaurants. StarNut cafe below is perfect to mingle with others over a cup of Java or Italian Gelato!
This stunning 3 Bedrooms, 2 1/2 baths unit is unique in that it has its own private elevator access and two separate entrances. The Master Bedroom is huge with a walk-in closet. The Second Bedroom has a private full bathroom, wonderful for a guest suite, while the third bedroom has french doors and is ideal for a home office.
The Chef's Kitchen is open, grand, and ideal for entertaining in this light-filled unit with gleaming hardwood floors. Brand New carpet in Bedrooms and custom New fresh paint throughout. The dining room, with pantry, is sure to enhance every celebration. The luxury of custom pocket doors is an unexpected bonus! The tray ceiling, freshly painted with recessed plentiful lighting.

Last Agent to Sell the Property

Erin Mendenhall

(703) 919-4003 erin@mendenhallproperties.com CENTURY 21 New Millennium License #0225103377 Listed on: 02/15/2024

CENTURY 21 New Millennium

Last Buyer's Agent

Jean Beatty

(301) 641-4149 jean@jeanbeatty.com Washington Fine Properties, LLC License #0225208843

Washington Fine Properties, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,905

Year Built

  • Built in 2005

Lot Details

  • Downtown Location
  • Extensive Hardscape

HOA Fees

  • $1,510 Monthly HOA Fees

Parking

  • Assigned parking located at #G 257 G 258
  • Basement Garage
  • Parking Storage or Cabinetry
  • Parking Space Conveys
  • Secure Parking

Home Design

  • Traditional Architecture
  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 2,480 Sq Ft Home
  • Crown Molding
  • Tray Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Oven or Range
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Monitored

Outdoor Features

  • Water Fountains
  • Exterior Lighting
  • Outdoor Storage

Schools

  • Franklin Sherman Elementary School
  • Longfellow Middle School
  • Mclean High School

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0302 53 0407

Community Details

Overview

  • $250 Elevator Use Fee
  • Association fees include gas, management, sewer, snow removal, trash, water
  • Mid-Rise Condominium
  • The Palladium At Mclean Condos
  • Built by Madison Homes
  • Palladium At Mclean Subdivision
  • Property Manager
  • Property has 5 Levels

Amenities

  • Common Area
  • Party Room
  • Community Library
  • Elevator

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Front Desk in Lobby
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,905

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,510 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-02-15
  • Federal Flood Zone: No
  • Year Built: 2005
  • Assigned Parking Space Numbers: G 257 G 258
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to The Palladium! Luxury Living at its finest. A sought-after condominium in the Heart of downtown McLean. Walk to dining, shopping, and restaurants. StarNut cafe below is perfect to mingle with others over a cup of Java or Italian Gelato! This stunning 3 Bedrooms, 2 1/2 baths unit is unique in that it has its own private elevator access and two separate entrances. The Master Bedroom is huge with a walk-in closet. The Second Bedroom has a private full bathroom, wonderful for a guest suite, while the third bedroom has french doors and is ideal for a home office. The Chef's Kitchen is open, grand, and ideal for entertaining in this light-filled unit with gleaming hardwood floors. Brand New carpet in Bedrooms and custom New fresh paint throughout. The dining room, with pantry, is sure to enhance every celebration. The luxury of custom pocket doors is an unexpected bonus! The tray ceiling, freshly painted with recessed plentiful lighting.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Refrigerator, Stove, Washer, Oven/Range - Gas, Stainless Steel Appliances, Oven - Wall
  • Entry Floor: 4
  • Flooring Type: Carpet, Wood, Tile/Brick
  • Interior Amenities: Carpet, Ceiling Fan(s), Crown Moldings, Breakfast Area, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Tray Ceilings
  • Levels Count: 5
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2480
  • Living Area Sq Ft: 2480
  • Price Per Sq Ft: 493.95
  • Above Grade Finished Sq Ft: 2480
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1450

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Secure Storage, Sidewalks, Street Lights, Water Fountains
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: Yes
  • Parking Features: Secure Parking, Assigned, Parking Space Conveys
  • Garage Features: Basement Garage, Inside Access, Additional Storage Area
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security Gate, Desk In Lobby, Smoke Detector, Main Entrance Lock, Monitored, Resident Manager
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1510.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Palladium at McLean
  • Elevator Use Fee: 250.00
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Library, Party Room
  • HOA Condo Co-Op Fee Includes: Gas, Management, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • Elementary School: FRANKLIN SHERMAN
  • Middle School: LONGFELLOW
  • High School: MCLEAN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138392980
  • School District Source: Listing Agent
  • Elementary School: FRANKLIN SHERMAN
  • High School: MCLEAN
  • Middle Or Junior School: LONGFELLOW

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 043
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2023
  • Zoning: 350
  • In City Limits: No

Building Info

  • Builder Name: Madison Homes

Rental Info

  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 16905.00
  • Assessor Parcel Number: 0302 53 0407
  • Tax Total Finished Sq Ft: 2480
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 03/01/2024

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Mar 1, 2024
Sold by
Karen Lee Spector Revocable Trust
Bought by
Janice D Todd 2006 Revocable Trust and Todd
Seller's Agent
Erin Mendenhall
CENTURY 21 New Millennium
Buyer's Agent
Jean Beatty
Washington Fine Properties, LLC
List Price
$1,225,000
Sold Price
$1,310,000
Premium/Discount to List
$85,000
6.94%
Views
81
Current Estimated Value
$1,644,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,870
Avg. Annual Appreciation
15.09%

Purchase Details

Closed on
Sep 8, 2017
Sold by
Spector Karen Lee
Bought by
Spector Karen Lee and Karen Lee Spector Revocable Trust

Purchase Details

Closed on
Apr 14, 2006
Sold by
Waterford Mclean Llc
Bought by
Spector Eric
Source: Public Records

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
Janice D Todd 2006 Revocable Trust $1,310,000 Commonwealth Land Title
Spector Karen Lee -- None Available
Spector Eric $1,395,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2024 03/01/24 Sold $1,310,000 +6.9% $528 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $1,225,000 -- $494 / 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 $17,692 $1,617,250 $323,000 $1,294,250
2024 $17,692 $1,497,450 $299,000 $1,198,450
2023 $16,905 $1,468,090 $294,000 $1,174,090
2022 $16,789 $1,439,300 $288,000 $1,151,300
2021 $17,051 $1,425,050 $285,000 $1,140,050
2020 $16,375 $1,357,190 $271,000 $1,086,190
2019 $15,691 $1,300,560 $271,000 $1,029,560
2018 $15,580 $1,354,750 $271,000 $1,083,750
2017 $16,452 $1,389,490 $278,000 $1,111,490
2016 $16,417 $1,389,490 $278,000 $1,111,490
2015 $16,065 $1,410,420 $282,000 $1,128,420
2014 $14,312 $1,259,300 $252,000 $1,007,300
Source: Public Records

Agents Affiliated with this Home

  • Erin Mendenhall

    Seller's Agent in 2024

    Erin Mendenhall

    Century 21 New Millennium

    (703) 919-4003

    2 in this area

    47 Total Sales

    Erin Mendenhall
    Section Image
  • Jean Beatty

    Buyer's Agent in 2024

    Jean Beatty

    Washington Fine Properties

    (301) 641-4149

    10 in this area

    153 Total Sales

    Jean Beatty
    Section Image
See All Agents

About The Palladium at McLean

Map

Source: Bright MLS

MLS Number: VAFX2155734

Bright MLS

APN: 0302-53-0407

Virginia Fairfax County McLean 22101

1450 Emerson Ave Unit 407, McLean, VA

This home is located at 1450 Emerson Ave Unit 407, McLean, VA 22101 since 15 February 2024 and is currently estimated at $1,644,870, approximately $663 per square foot. This property was built in 2005. 1450 Emerson Ave Unit 407 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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