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1537 Forest Lane

1537 Forest Lane, Mc Lean, VA 22101
Property in McLean
Sold Aug 17, 2015
$969,000
$469,000 by Credit Union Mortgage Associat
Mortgage
Sold Jun 04, 1996
$359,000
1537 Forest Lane has been categorized by the local assessors in Mc Lean, VA as a residential type of property. The building on the property was first built in 1979 and is 45 years old. The home has a total of 11 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1537 Forest Lane has 2,288 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 684 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 14,468 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bi-level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 484 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The roof of the building is made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1537 Forest Lane sold most recently in Aug 13, 2015 for a total of $969,000. If you work out the math, that's approximately a cost of $280.38 per sqft. Before that, the property was also sold for $359,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $13,972 in taxes each year. 1537 Forest Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,145,270. If we break it down further, the land itself was valued at $637,000. Improvements to the property, however, were assessed at a total of $508,270. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 684
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,468
  • Total Building Area: 3,456
  • Gross Building Area: 3,456
  • Building Area: 2,288
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,288
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOWARD REID PROP
  • Land Acres: 0.332
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: HOWARD REID PROP LT 2

Ownership

  • Current Owner : NICHOLS JANISE L
  • Previous Owner : WILLIAMS THOMAS BLAKE
  • Previous Owner 2: MOLER ELIZABETH ANNE
  • Owner Before Previous Owner: ALEXANDER WILLIAM R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Fairfax County Public Schools
  • Census Tract: 470300

Zoning

  • Zoning: 120

Geography

  • Assessors Map Reference: 031-4
  • District: Jan 01, 1970
  • Parcel: 0314-01-0050
  • Lot: 50
  • Municipality: DRANESVILLE DIST #1A11
  • Latitude: 38.9266
  • Longitude: -77.1363

    Address

  • Full Address: 1537 Forest Ln
  • Address - House Number: 1537
  • Address - Street Name: Forest
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Mc Lean
  • Carrier Code: C003
  • 4-Digit Zip Code: 3317
  • Zip Code: 22101

Valuation

    Tax

  • Total Area: 2,288
  • Tax Year: 2022
  • Tax Amount: $13,972
  • Tax Rate Code Area: 20151

    Appraisal Valuation

  • Standard Deviation: 0.1588
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 80
  • Final Value: 1,391,589
  • High Value: 1,612,633
  • Low Value: 1,170,545

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $469,000
  • First Open Lien Mortgage Lender: CREDIT UNION MORTGAGE ASSOCIAT
  • First Open Lien Mortgage Recording Date: Aug 17, 2015
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $469,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $1,145,270
  • Market Land Value: $637,000
  • Market Improvement Value: $508,270

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,145,270
  • Assessed Land Value: $637,000
  • Assessed Improvements Value: $508,270

    Sales

  • Current Sale Contract Date: Aug 13, 2015
  • Current Sale Recording Date: Aug 17, 2015
  • Current Sale Transaction ID: 1292405883
  • Current Sale Price: $969,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015030867002
  • Previous Sale Recording Date: Jun 04, 1996
  • Previous Sale Amount: $359,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CREDIT UNION MORTGAGE ASSOCIAT
  • First Mortgage Transaction Date: Aug 17, 2015
  • First Mortgage Loan Amount: $469,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Variable

About McLean



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Frequently Asked Questions

What neighborhood is 1537 Forest Lane located in?
The 1537 Forest Lane is a located in the neighborhood of McLean in McLean, Mc Lean.
What is the average sales price for listings in 1537 Forest Lane?
The average sales price for units in 1537 Forest Lane is $0 currently.

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