NOT LISTED FOR SALE

2601 N Lexington St Arlington, VA 22207

Leeway Overlee Neighborhood

Estimated Value: $954,000 - $1,279,000

0.13 Acre
$8,624,062 Price per Acre
5,807 Sq Ft Lot

Last Sold October 28, 2016

Last sale price $625,000 $465 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $7,013/month

37 Days on Market

About This Lot

As of October 2016

Very nice R-6 building lot in Lexington Park. Classic 1930's Cape Cod with great potential; or tear down and build new. Walk to schools, parks and shopping center. See brochure under Documents.

Last Agent to Sell the Property

Chris Reynolds

City & Suburban Homes Co., Inc License #0225109490 Listed on: 08/18/2016

Last Buyer's Agent

Patricia Brosnan

Keller Williams Realty License #0225036550

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,661

Lot Details

  • 5,807 Sq Ft Lot
  • Cost To Obtain Building Permits
  • Property is zoned R-6

Schools

  • Nottingham Elementary School
  • Williamsburg Middle School
  • Yorktown High School

Community Details

  • No Home Owners Association
  • Lexington Park Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 02-052-030

Property Details

Property Type

Land

Est. Annual Taxes

$6,661

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Basement: No
  • Price Per Sq Ft: 112.75
  • Street Number Modifier: 2601

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 293.92
  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: ARLINGTON COUNTY PUBLIC SCHOOLS
  • Elementary School: NOTTINGHAM
  • Middle School: WILLIAMSBURG
  • High School: YORKTOWN
  • School District Key: 121141631475
  • Elementary School: NOTTINGHAM
  • High School: YORKTOWN
  • Middle Or Junior School: WILLIAMSBURG

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 5807
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5807.00
  • Year Assessed: 2016
  • Zoning: R-6

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6661.48
  • Assessor Parcel Number: 02-052-030
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 10/28/2016

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2016
Closed on
Oct 28, 2016
Sold by
Freidel Christine M
Bought by
Hicks Alexander B and Hicks Taylor K
Seller's Agent
Chris Reynolds
City & Suburban Homes Co., Inc
Buyer's Agent
Patricia Brosnan
Keller Williams Realty
List Price
$675,000
Sold Price
$625,000
Premium/Discount to List
-$50,000
-7.41%
Current Estimated Value
$1,121,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,128
Avg. Annual Appreciation
6.66%
Original Mortgage
$573,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 1994
Sold by
Schneider M R
Bought by
Freidel C M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,850
Interest Rate
7.15%
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
Hicks Alexander B $625,000 Double Eagle Title
Freidel C M $212,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hicks Alexander B $150,000
Open Hicks Alexander B $552,000
Closed Hicks Alexander B $573,750
Previous Owner Freidel C M $201,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $625,000 -7.4% $465 / Sq Ft
09/24/2016 09/24/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $675,000 -- $502 / 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 $9,646 $933,800 $823,700 $110,100
2024 $9,434 $913,300 $813,700 $99,600
2023 $8,998 $873,600 $773,700 $99,900
2022 $8,574 $832,400 $728,700 $103,700
2021 $7,896 $766,600 $669,800 $96,800
2020 $7,444 $725,500 $629,800 $95,700
2019 $7,190 $700,800 $605,100 $95,700
2018 $6,959 $691,800 $580,100 $111,700
2017 $6,563 $652,400 $545,100 $107,300
2016 $6,661 $672,200 $563,500 $108,700
2015 $6,485 $651,100 $539,000 $112,100
2014 $6,004 $602,800 $485,100 $117,700
Source: Public Records

Agents Affiliated with this Home

  • Chris Reynolds

    Seller's Agent in 2016

    Chris Reynolds

    City & Suburban Homes Co., Inc

    (703) 593-9086

    22 Total Sales

    Chris Reynolds
    Section Image
  • Patricia Brosnan

    Buyer's Agent in 2016

    Patricia Brosnan

    Keller Williams Realty

    (703) 598-6858

    76 Total Sales

    Patricia Brosnan
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001614181

Bright MLS

APN: 02-052-030

Virginia Arlington County Arlington 22207 Leeway Overlee

2601 N Lexington St, Arlington, VA

This home is located at 2601 N Lexington St, Arlington, VA 22207 since 18 August 2016 and is currently estimated at $1,121,128, approximately $834 per square foot. 2601 N Lexington St is a home located in Arlington County with nearby schools including Nottingham Elementary School, Williamsburg Middle School, and Yorktown High School.

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