tomo logo

$310,000

Beds
1
Baths
1.0
sq ft
615

1808 Old Meadow Rd Unit 716, Mc Lean, VA 22102

1808 Old Meadow Rd Unit 716

MCLEAN, VA 22102

  • 26 days on market
    • Open house Dec 22
Welcome to this fabulous Encore Condominium property located in a gated and secure community just inside the beltway. The unit has a new HVAC and updated kitchen and others. full size washer and dryer, dishwasher, and the bedroom window will be installed soon. A assigned parking space right outside the lobby door. Pets allowed within size limit. The building features a 24-hour concierge desk, pools, library, fitness room, storage. Close to the Silver line metro, Tysons Mall, movie theaters, shop, restaurants...etc.

Details

Property type

Condominium

Est. home value

$271,708

Lot size

Unknown

Price per sq ft

$505

Year built

1986

Annual property taxes

$3,245

HOA

No

Price History

12/10/2024
Bright

Bright #VAFX2212082

Listed
$310,000
12/06/2024
Bright

Bright #VAFX2212082

Pending
$310,000
12/05/2024
Bright

Bright #VAFX2212082

Listed
$310,000
+20.62%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

School district: 

FAIRFAX COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$45,172
Asking price
$310,000
Closing costs (~8% of asking)
-$24,800
Est. remaining loan balance
-$240,028
Cash to seller
$45,172

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Geo Corp Inc

Loan start date

August 2022

Original loan amount

$248,422

Est. remaining balance

$240,028

Interest rate

5.3%

Loan type

FHA, 30 year

Seller

Jae Yong Lee

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 6:40 AM

Listing updated: 12/18/2024 at 6:49 PM

Listed by: Kyong I Larson, Fairfax Realty Select Phone #: (703) 533-8660

MLS: Bright #VAFX2212082

Bright logo

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