$1,115,000
SOLD APR 30, 2024

1615 N Wakefield St Arlington, VA 22207

Waverly Hills Neighborhood
0.18 Acre
$6,194,444 Price per Acre
8,042 Sq Ft Lot

Recently Sold

$929 Per Sq Ft

7% Below List Price

24 Days on Market

Highlights

  • No HOA
  • Side Yard
  • Level Lot
  • Glebe Elementary School Rated A

About This Lot

As of April 2024

Rare Opportunity to build your dream home in - Waverly Hills. One of the last big lots - 8,000+ sqft, 75' footage provides space for a 55' wide home, on this large flat & rectangular lot. Walk to Ballston (ideal fo visiting guests) to access dining, gym, banking, and the metro lines (silver and orange). Proximity to Custis trail where you can pedal into George town in 20-25min.The property located on a quiet street borders an abandoned county alley with the possibility to access rear garage or workshop Engineering and Architectural plans available for 5,000 sqft house.

Last Agent to Sell the Property

rick cutrera

EXP Realty, LLC License #0225211545 Listed on: 02/06/2024

EXP Realty, LLC

Last Buyer's Agent

Jonathan Fox

Compass

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,500

Lot Details

  • 8,042 Sq Ft Lot
  • Lot Dimensions are 75x106
  • Level Lot
  • Side Yard
  • Property bordered by abandoned county-owned alley
  • Property is zoned R6

Community Details

  • No Home Owners Association
  • Waverly Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 07-027-002

Property Details

Property Type

Land

Est. Annual Taxes

$9,500

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Automatically Close On Close Date: No
  • Remarks Public: Rare Opportunity to build your dream home in - Waverly Hills. One of the last big lots - 8,000+ sqft, 75' footage provides space for a 55' wide home, on this large flat & rectangular lot. Walk to Ballston (ideal fo visiting guests) to access dining, gym, banking, and the metro lines (silver and orange). Proximity to Custis trail where you can pedal into George town in 20-25min. The property located on a quiet street borders an abandoned county alley with the possibility to access rear garage or workshop Engineering and Architectural plans available for 5,000 sqft house.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 148.59
  • Street Number Modifier: 1615

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Community

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: ARLINGTON COUNTY PUBLIC SCHOOLS
  • School District Key: 121141631475
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: property bordered by abandoned county-owned alley
  • Lot Features: Level, Road Frontage, Sideyard(s)
  • Lot Size Acres: 0.18
  • Lot Dimensions: 75x106
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8042.00
  • Zoning: R6
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9500.00
  • Assessor Parcel Number: 07-027-002
  • Tax Year: 2024
  • Close Date: 04/30/2024

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Apr 30, 2024
Sold by
Arlington Custom Homes Llc
Bought by
Fox Group Llc
Seller's Agent
rick cutrera
EXP Realty, LLC
Buyer's Agent
Jonathan Fox
Compass
List Price
$1,195,000
Sold Price
$1,115,000
Premium/Discount to List
-$80,000
-6.69%
Views
8
Current Estimated Value
$1,163,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,266
Avg. Annual Appreciation
34.50%
Original Mortgage
$828,750
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 7, 2016
Closed on
Jul 26, 2016
Sold by
The Sarah Jane Talley Revocable Trust Da
Bought by
Arlington Custom Homes Llc A Virginia Li
Seller's Agent
Kevin Love
RE/MAX Allegiance
Buyer's Agent
Kevin Love
RE/MAX Allegiance
List Price
$750,000
Sold Price
$746,250
Premium/Discount to List
-$3,750
-0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
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 Type Sale Price Title Company
Deed $1,115,000 First American Title
Warranty Deed $746,250 Promise Land Title Lc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,020,000 Credit Line Revolving
Closed $828,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $1,115,000 0.0% $929 / Sq Ft
04/30/2024 04/30/24 Sold $1,115,000 -6.7% $858 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
03/01/2024 03/01/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $1,195,000 0.0% $996 / Sq Ft
02/06/2024 02/06/24 For Sale $1,195,000 +60.1% $919 / Sq Ft
07/28/2016 07/28/16 Sold $746,250 -0.5% $622 / Sq Ft
07/08/2016 07/08/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $750,000 -- $625 / 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 $9,742 $943,100 $826,100 $117,000
2024 $9,506 $920,200 $826,100 $94,100
2023 $9,486 $921,000 $826,100 $94,900
2022 $9,267 $899,700 $796,100 $103,600
2021 $8,730 $847,600 $746,800 $100,800
2020 $8,232 $802,300 $715,900 $86,400
2019 $7,756 $755,900 $669,500 $86,400
2018 $7,406 $736,200 $643,800 $92,400
2017 $6,888 $684,700 $592,300 $92,400
2016 $6,199 $625,500 $551,100 $74,400
2015 $6,187 $621,200 $545,900 $75,300
2014 $5,861 $588,500 $509,900 $78,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jonathan Fox

    Compass

  • r

    Seller's Agent in 2024

    rick cutrera

    EXP Realty, LLC

  • K

    Seller's Agent in 2016

    Kevin Love

    RE/MAX

See All Agents

Map

Source: Bright MLS

MLS Number: VAAR2039938

Bright MLS

APN: 07-027-002

Virginia Arlington County Arlington 22207 Waverly Hills

1615 N Wakefield St, Arlington, VA

This home is located at 1615 N Wakefield St, Arlington, VA 22207 and is currently priced at $1,115,000, approximately $929 per square foot. 1615 N Wakefield St is a home located in Arlington County with nearby schools including Glebe Elementary School, Swanson Middle School, and Washington Liberty High School.

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