$700,000
SOLD JAN 13, 2025
0.15 Acre
$4,666,667 Price per Acre
6,464 Sq Ft Lot

Recently Sold

$608 Per Sq Ft

7% Below List Price

26 Days on Market

About This Lot

As of January 2025

Introducing 602 S Wakefield St., Arlington VA 22204, a prime opportunity for a teardown or renovation project in the heart of Arlington’s historic and sought-after Barcroft neighborhood. This friendly and well-established community is known for its warm atmosphere. The home is in the Wakefield High School pyramid, which includes Barcroft Elementary and Kenmore Middle School. The 6,464 sq. ft. lot is zoned R-6, offering ample space for development. Conveniently situated between Arlington Blvd and Columbia Pike, the property is just minutes from major landmarks and destinations, including the National Foreign Affairs Training Center, the Pentagon, Reagan National Airport, Bailey’s Crossroads, Pentagon City, and Washington, D.C. Barcroft Park, Four Mile Run Trail, Alcova Heights Park, Doctors Branch Park, and Arlington Hall West Park are all within walking distance for outdoor enthusiasts.

602 S Wakefield St. offers an ideal location that combines a fantastic neighborhood with exceptional convenience inside the Beltway. This is a rare opportunity to create a dream home and investment in one of Arlington’s most desirable areas.

Last Agent to Sell the Property

Jon DeHart

(703) 286-9771 jon@homesfromdehart.com Keller Williams Realty License #0225095831 Listed on: 11/21/2024

Keller Williams Realty

Last Buyer's Agent

Paramjit Mahey

(703) 975-7537 param.mahey@gmail.com Samson Properties License #0225176583

Samson Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,432

Lot Details

  • 6,464 Sq Ft Lot
  • Property is zoned R-6

Schools

  • Barcroft Elementary School
  • Kenmore Middle School
  • Wakefield High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 23-023-010

Property Details

Property Type

Land

Est. Annual Taxes

$7,432

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 116.03

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: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: BARCROFT
  • High School: WAKEFIELD
  • Middle Or Junior School: KENMORE

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6464.00
  • Zoning: R-6
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7432.00
  • Assessor Parcel Number: 23-023-010
  • Tax Lot: 22
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2024
Closed on
Jan 9, 2025
Sold by
Linda Marie Watzel Harrison Living Trust and Harrison Linda M
Bought by
Habitat Homes Llc
Seller's Agent
Jon DeHart
Keller Williams Realty
Buyer's Agent
Paramjit Mahey
Samson Properties
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Views
120
Current Estimated Value
$733,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,834
Avg. Annual Appreciation
4.93%
Original Mortgage
$1,193,000
Outstanding Balance
$406,701
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$327,133
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $700,000 Westcor Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,193,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2025 01/13/25 Sold $700,000 0.0% $608 / Sq Ft
01/13/2025 01/13/25 Sold $700,000 -6.7% $608 / Sq Ft View Prior Sale
12/17/2024 12/17/24 Pending -- -- --
12/17/2024 12/17/24 Pending -- -- --
11/21/2024 11/21/24 For Sale $750,000 0.0% $651 / Sq Ft
11/18/2024 11/18/24 For Sale $750,000 -- $651 / 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 $7,509 $726,900 $640,200 $86,700
2024 $7,432 $719,500 $635,200 $84,300
2023 $7,350 $713,600 $630,200 $83,400
2022 $6,963 $676,000 $590,200 $85,800
2021 $6,730 $653,400 $569,300 $84,100
2020 $6,179 $602,200 $514,800 $87,400
2019 $5,780 $563,400 $470,300 $93,100
2018 $5,698 $566,400 $455,400 $111,000
2017 $5,350 $531,800 $420,800 $111,000
2016 $5,230 $527,700 $410,900 $116,800
2015 $5,183 $520,400 $396,000 $124,400
2014 $4,829 $484,800 $376,200 $108,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAAR2051038

Bright MLS

APN: 23-023-010