NOT LISTED FOR SALE

Estimated Value: $1,508,000 - $1,754,000

0.14 Acre
$11,538,243 Price per Acre
6,098 Sq Ft Lot

Last Sold October 04, 2019

Last sale price $460,000 $167 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $10,025/month

13 Days on Market

About This Lot

As of October 2019

Attention all developers! A truly remarkable rare opportunity to purchase a 6,000 square foot lot in the Brackett School district. The lot is located in one of Arlington's most desirable neighborhoods close to Menotomy Rocks Park, Mass Ave and The Brackett School. The property does not have a structure on it and is ready for development. In order for the lot to conform to zoning, there is a sunroom that will need to be removed from the existing home. The removal of the sun room can be done by the Seller or the developer can propose something to assist with the removal of the sunroom.

Last Agent to Sell the Property

Steve McKenna

Gibson Sotheby's International Realty Listed on: 04/25/2019

Gibson Sotheby's International Realty

Co-Listed By

Erika Leigh Pereira

Keller Williams Realty Boston Northwest

Last Buyer's Agent

Bill Copithorne

Keller Williams Realty Boston Northwest

Keller Williams Realty Boston Northwest

Property Details

Property Type

Land

Est. Annual Taxes

$15,501

Lot Details

0

Listing Details

  • Property Type: Land
  • Other Agent: 2.00
  • Comp Based On: Net Sale Price
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Main Lo: AC1277
  • Main So: BB4070

Exterior Features

  • Frontage: 60.00

Utilities

  • Sewer: Public, At Street
  • Water: Public, At Street
  • Cable Available: Yes
  • Electric Features: At Street
  • Gas: At Street, Nearby

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Public School

Schools

  • Elementary School: Brackett
  • Middle School: Gibbs/Ottoson
  • High School: AHS

Lot Info

  • Assessments: 54000.00
  • Zoning: R1
  • Acre: 0.14
  • Lot Size: 6000.00
  • Improvements: Sidewalks, Lot Staked
  • Land Description: Level
  • Lots And Land Type: Residential
  • Page: 546
  • Zone Usage: Single Family

Tax Info

  • Taxes: 655.00
  • Assessor Parcel Number: 328959

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2020
Sold by
Balyozian Albert E and Balyozian Margaret L
Bought by
Jld Ret and Balyozian
Current Estimated Value
$1,615,354

Purchase Details

Closed on
Feb 9, 2010
Sold by
Highland Estates Rt and Balyozian
Bought by
Balyozian Albert E and Balyozian Margaret L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2008
Sold by
Balyozian Albert E
Bought by
Highland Estates Rt and Balyozian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2008
Sold by
Highland Est Rt and Balyozian
Bought by
Balyozian Albert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 1993
Sold by
Khachadoorian Mary T
Bought by
Balyozian Albert E and Balyozian Margaret L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jld Ret -- None Available
Balyozian Albert E -- --
Highland Estates Rt -- --
Balyozian Albert E -- --
Balyozian Albert E $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Balyozian Albert E $250,000
Previous Owner Balyozian Albert E $182,000
Previous Owner Balyozian Albert E $150,000
Previous Owner Balyozian Albert E $225,000
Previous Owner Balyozian Albert E $100,000
Previous Owner Balyozian Albert E $65,000
Previous Owner Balyozian Albert E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2019 10/04/19 Sold $460,000 -11.4% $167 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $519,000 -- $188 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $15,501 $1,439,300 $690,000 $749,300
2024 $14,345 $1,354,600 $662,400 $692,200
2023 $13,606 $1,213,700 $579,600 $634,100
2022 $12,849 $1,125,100 $552,000 $573,100
2021 $12,556 $1,107,200 $552,000 $555,200
2020 $12,512 $1,131,300 $576,000 $555,300
2019 $10,717 $951,800 $540,000 $411,800
2018 $10,410 $858,200 $446,400 $411,800
2017 $9,953 $792,400 $410,400 $382,000
2016 $9,682 $756,400 $374,400 $382,000
2015 $10,023 $739,700 $367,200 $372,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72487987

MLS Property Information Network (MLS PIN)

APN: ARLI-000142-000009-000001